IIT-Madras beats IIT-B in placements this year
Placements at the IITs are witnessing a dramatic change in an established trend. It was IIT-Kanpur which had the most successful day one with the largest number of offers made on its campus, and a good five days into the placements, IIT-Bombay had not caught up and the largest number of students placed was from IIT-Madras, which is totally unlike all previous years where IIT-B stood as the clear winner amongst all. This has disrupted the myth that IIT-Bombay registers the best placement season every year.
“In general, companies have spread across the country, so there is not a major preference for Bombay any more. Also, this year, many companies are picking talent for their R&D profiles. So they have moved across campuses to get a lot of people,” said Manu Santhanam, advisor, training and placement, IIT-Madras to a national daily.
Opening day offers this year were up by 20%-50 % as compared to 2016. IIT-Kanpur saw the best Day 1 among the older IITs because of Intel—the largest recruiter—which picked 59 candidates in the first slot. “Many other recruiters picked up larger numbers compared to the previous years, which mirrors the fact that the market is also good,” said Syam Nair, placement head at IIT-Kanpur. Even IIT-Kharagpur saw an increase in its first day placement numbers than previous years. “I have been in this office for the last four years and this has undoubtedly been the best,” said Debasis Deb, placement head at IIT-Kharagpur.
Though the numbers of offers this year are higher than last year, but aren’t too different than the ones in 2015. Nonetheless it is being received as a welcome move by IITs. Another trend witnessed this year is that the numebr of startups making offers has gone considerably lower than previous years.
For more engineering news, follow upcoming engineer here.