Why IIT placements are looking gloomier than ever this season firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
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.
More than 61 companies made offers at IIT Kharagpur for software, analytics, finance–banking, consulting and core engineering roles. Apple, Arthur D.Little, Da Vinci, Capital One, DE Shaw, EXL Services, Glean, Google, Graviton, Microsoft, McKinney, Quantbox, Databricks, Square point and TSM, Palo Alto were among the companies that participated in the campus placements.
PPOs translate into jobs in hand for the students who have accepted them, even before final placements begin on December 1 at the old IITs. For campus placement teams, it means fewer students to place in a year when many companies have slashed hiring numbers, and some are skipping placements altogether.