- International firms offer $ 1,00,000 (Rs 67.99 lakh) to 20 students
- Footfalls of core sector firms & PSUs go up
- 60% students already placed in Phase I of campus placement
- Phase II placements to begin in January, 2017
The Indian Institute of Technology (IIT) Delhi is gearing up for the phase II of its campus placement, which is expected to begin from 9 January 2017.
During the first phase of placements, that started from 1 December 2016, nearly 200 firms offered 350 different job profiles. About 65% of undergraduate students and 50% of graduate students received offers from several companies. Overall, 60% of the students have already been placed through campus processes.
Over 20 students bagged international offers with packages of over US $100,000 base pay (Rs 67,99,000 aprox). Over 40 students bagged international offers spanning profiles from the USA, Singapore, Japan and Taiwan.
In the first phase, several core Information Technology companies offered roles in computer science, electrical engineering, and mathematics.
Several Public Sector Undertaking (PSUs) firms also participated in the placement process. In the second phase, more PSUs are expected to visit the campus, including the likes of Indian Oil Corporation Ltd, Coal India, Oil and Natural Gas Corporation (ONGC), etc.
"The footfalls of core sector firms, apart from PSUs, have gone up in first phase of the placements. In the second phase too, we're expected more core sector firms. About 10 to 12 companies that could not turn up in first phase of the placements, have been scheduled to appear in Phase II," a placement coordinator at IIT Delhi told Catch.
Several startups are also expected to participate in the second phase of placements.
"One trend that was noted was of the consulting sector offering fewer jobs per company on campus this year as compared to last year. Offers from start-ups were even sparser due to a smaller number registering for campus placements. Companies from the Core (Technical) / Information Technology streams have recruited in larger numbers this year," said a release from IIT Delhi.
As of now, over over 300 companies offering 430 different profiles have registered for the placements. The pre-interview processes of companies such as tests/group discussions/assignments were conducted starting from the last week of August 2016, informed the institute.