The schools are going all out to get more recruiters to campuses. The placement season ends in May-June for the IITs. Two of the top schools - IIT Bombay and IIT Delhi - have provided official placement data to ET. At IIT Bombay, the top choice for those who clear the entrance exam process, 33% of the 1,973 students participating in placements were yet to get jobs as of April 4. The older IITs are typically regarded by candidates as the most desirable. Apart from the eight older ones, India has 15 other IITs set up since 2008. IT-BHU became IIT-BHU (Varanasi) in 2012 by an act of Parliament.
India Business News: Despite efforts to attract more recruiters, older IITs like Bombay and Delhi are facing challenges in placing students. Around 33% of students at IIT
Till last year, there were fewer start-ups found in the placement sheet of IITs because students had complained that while start-ups were given out offer letters with a promise of inflated CTC, they were failing to convert the offer letter into a joining date. However, things have changed this year.
The placement war rooms of Indian Institutes of Technology (IITs) are working hard to attract more job offers as engineering colleges enter the second phase of placements. The number of students from the Class of 2024 who landed a job was 15-20% lower compared to the previous year. To ensure more students graduate with a job, IITs are reaching out to companies through alumni, venture capitalists, and social networking platforms. Startups and public sector organizations are also being tapped. Placements at old IITs start in December, and the second phase continues until April-May.
Indian Institutes of Technology are experiencing a decline in job offers for students of the Class of 2024, with the number of students receiving job offers down by between 15% and 30% compared to the previous year. This is particularly concerning as the old IITs of Delhi, Bombay, Kanpur, Madras, Kharagpur, Roorkee, Guwahati and Varanasi (BHU) set the bar for engineering placements in the country.