It is the time of the year when all eyes are towards the IITs – as December hits, so does the placement season at IITs. At IIT Kharagpur with 282 PPOs the Institute is aiming to secure 1000+ placements in less than a week’s time. Already three PSUs have recruited and more are expected in the coming months.
This year several first-time recruiters will visit the IIT Kharagpur campus including top corporate brands like Sony Japan, PayPal, P&G India, Nestle India, Nomura. The Institute will also be welcoming back international recruiters like Apple, Microsoft Redmond, Uber, Amex, Qualcomm, Mercari Japan among others.
“We have taken almost all the last year’s companies on board and some prominent Japanese companies along with two US companies. We are expecting double the offer in international profiles,” said an official at the Career Development Centre of IIT Kharagpur.
Apart from the prominent players which recruited last year, seven more companies are on board for the phase one recruitment at the Institute. Most of the profiles are in the areas of software development and consulting. Though there were apprehensions regarding market conditions, the internship and preplacement offers were highly promising touching all time high figures. Read More
Talking about the current market scenario and its potential impact on the recruitment, Prof. G P Rajasekhar, Chairman at IIT Kharagpur’s Career Development Centre remarked, “The PPO rate is very encouraging. We took proactive measures to attract companies by reviewing our Company Relation Index (CRI) and then upgraded a few companies. We are stretching our wings to accommodate more companies on a given day so that companies do have enough pool of students each day.”
A supposed challenge of 2.30 hours distance from Kolkata airport is also being addressed.
On day 1, thirty companies will be recruiting for fifty different profiles. The students are hoping for a high number of shortlisted candidates during the first week which will indicate the final number of offers made. The phase 1 will continue for 3 weeks in December.
An increasing trend in salary also was observed.
“This was expected especially with software and quant companies offering higher packages,” said an official.
A total of 220 companies have registered for recruitment in the phase one who will be interviewing more than 2000 students who have registered for placement opportunities in 2019-2020. By the end of the second phase about 500 students from Undergraduate, Postgraduate and Dual Degrees are expected to opt out from the placement process.