Tag: Jobs

Counting 1000+ on 8th Day of Placement

Despite Pandemic, IIT Kharagpur secured more than 1000 jobs – the highest number of Placement offers in 2020.

IIT Kharagpur bagged more than 1000 offers in Phase-I placements for the year 2020-21 till the 8th Day of the ongoing hiring session. The students also bagged 30 international job offers so far from countries such as Japan and Taiwan and companies including Accenture, TSMC, Sony, Rakuten, and Valuance, etc.

Companies like Google, Microsoft, Apple, Qualcomm, Goldman Sachs, JP Morgan, American Express, Sony Japan, EXL Service, Oracle, Honeywell, TSMC, Rakuten, Cohesity, Amazon, Airbus, PwC, L&T, Wipro, Tata Steel, and many more have offered jobs across sectors such as software, hardware, analytics, consulting, core engineering, education, healthcare, banking, finance, etc. 

Till now, the institute achieved good placement numbers and put up with the current economic conditions as top companies have shown faith in us. More than 200 companies are participating in the first phase of the recruitment drive, mainly 25%-27% core companies, 65% software, and 10% consulting. The company mix in the first phase is fairly distributed, and the students got their placements as per their domain choice, though software, data, and analytics took the major share of it. The performance is even reflected in the average salary which stands at ₹ 19 LPA despite the odds.

“On the closing of day-1, we had received 400 plus offers which accumulate to 900  on day 5th and crossed 1000 by Day 8th; though pandemic restricted some of the companies to offer more hiring numbers/profiles. Despite that KGP achieved significant performance and reassured its legacy,” remarked Prof. A. Rajakumar, Chairman, Career Development Centre, IIT Kharagpur.

The performance is owing to the high academic quality & technical skills of our students, which were reflected through the fully flexible online internship program 2020 including in-house internship by faculty mentors in addition to industrial internships arranged through CDC.

Prof. Rajakumar and his team expressed gratitude to all hiring partners of IITKGP for their excellent cooperation through “unique online recruitment” at this trying time.

The first phase of the placements at IIT Kharagpur will continue till December 11, with the next phase will resume from the second week of January 2021.   

2020 Day 1 Placement Report

Despite Pandemic, IIT Kharagpur secured a significant number of placement offers for the 2020 season

At this ongoing pandemic situation, IIT Kharagpur bagged 276 Pre-Placement Offers (PPOs) out of 425 eight-week internship opportunities through online mode. Companies like Barclay, Goldman Sachs, Honeywell, Microsoft, MasterCard, Dr. Reddy, Tata Steel have offered more than 10 PPOs each. Around thirty companies participated in Day 1 and more than 130 placement offers were received for the final year students. TSMC, Sony-Japan and Cohesity US made international hiring offers.

“Key components of this success are excellent technical skills of the students, the flexible online internship plan and long-lasting relation with the company partners. This is the highest number among all other top academic institutes in India at the top MNCs in spite of the current economic condition” said Prof. A Rajakumar, Chairperson – Career Development Centre, IIT Kharagpur.

Other factors that contribute to the high demand of the students are wide choices in course curriculum available through flexible and strong academic programs, dedicated and experienced faculty strength of IIT Kharagpur.

“The above facts and figures indicate and convey that we can expect a decent placement session for KGP students in the face of this pandemic situation, remarked Prof. Rajakumar.

For the 2020-21 placement drive, 2100 plus students have registered out of which 1300 are UG/dual degree students. In spite of the economic constraints, companies are showing tremendous faith in us. More than 200 companies are registered to participate in the first phase of the recruitment drive starting from today. For initial days, 25%-27% core companies, 65% software and 10% consulting firms opened up prospects for the IIT Kharagpur students. This is a unique admixture of opportunities for the students to explore their dream careers.

Excellent performance in an internship by the students and subsequent high turnover of PPOs might have generated overwhelming interest of the companies to participate in full-time hiring.

“It is an encouraging sign for us that companies recognize our student’s hard work, academics stuff, talent and motivation during the internship and we are delighted that once again the top companies of the country have reposed their belief in our students,” added Prof. Rajakumar.

Summer Internship Records All-time High

 

News18

Internship offers for Summer 2020 have crossed the 500-mark at IIT Kharagpur. The internship process which started in August 2019 has been soaring high compared to last year’s figure which was comparatively lower with the closing figure at 461.

IIT Kharagpur’s Career Development Centre has further witnessed an increasing trend in the internship season. More than seventy-five companies have already visited the campus. The most encouraging fact is that the campus has witnessed the participation and presence of all the sectors like IT/Software, Analytics/ Consulting, e-Commerce, Banking and Healthcare though IT/ software.

Career Development Centre (CDC) is optimistic that in the second phase of the Internship process which starts from the second week of January 2020, the Institute can register the highest number of Internships of recent times. Now, the Institute is gearing up for placements which starts from 1st December 2019 onwards.

Also, the pre-placement offers received till now for the placement session of 2019-20 is already close to last year’s final PPO figure of 261.

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 internship season outperformed the digits that we achieved during the last few years. Also, the PPOs rate is very encouraging. We took proactive measures to attract companies by reviewing our Company Relation Index (CRI) and then upgraded a few companies.”

A supposed challenge of 2.30 hours distance from Kolkata airport is also being addressed.

“We are stretching our wings to accommodate more companies on a given day so that companies do have enough pool of students each day,” he added.

IIT KGP Sets New Placement Benchmark

The Week     Business Standard    Economic Times   Zee Business  Financial Express

IIT Kharagpur has completed the phase 1 of placement for 2018-19 with 1275+ offers from 192 companies. The campus has witnessed the presence of many IT-Software, e-commerce, Finance and Analytics companies including the core engineering one. About 40% of the profiles offered are in IT-Software followed by 20% in core engineering, 15% each in analytics and e-Commerce and 10% in finance.

Companies who have made a remarkable contribution in terms of number of hires are Google, Apple, Microsoft, EXL, Intel, Tata Steel, Flipkart, L&T Construction, Mahindra & Mahindra, TVS Motors, HSBC, Quantiphi, JP Morgan, Qualcomm, Oyo, Barclays, Goldman Sachs, Master Card, Capgemini etc. The number of international offers stands at 23 with Japan contributing the highest number of offers and Germany being a first-time recruiter.

It is also to note that this year, in particular, the participation of core companies have been increased substantially. They have also hired a good number of students which is a matter of utmost satisfaction. The recruitment drive has also witnessed the participation of public sector and government institutions. ISRO and ONGC have already visited the campus and more are planning to visit during phase II.

This year IIT Kharagpur achieved the fastest 1000 in just six days of placement. Also, the total number offers have crossed all the benchmarks set in the last four years. The second phase will commence from January 2019.

Prof. G.P. Raja Sekhar, Chairman, Career Development Center at IIT Kharagpur, expressed satisfaction with the performance of the students during the placement drive. He acknowledged that academic preparation of the students has benefitted them and appreciated by the companies. Companies have also expressed the desire to come in the next phase for recruiting the students. The efforts by CDC team by organizing open houses and briefing the students about strategies to be followed rendered such results.

6 Days, 1000+ Offers

Times of India   Business Standard   India Today    CNBC TV18   Anandabazar

IIT KGP has received 1000 job offers in a record 6 days. A total of 112 companies visited till December 6, 2018 with the 6th day ending with 1000+ offers. This included more than 250 PPOs. This has been the fastest 1000 till date, typically it takes a little more than a week.

About 40% of the profiles offered are in IT-Software followed by 20% in core engineering, 15% each in analytics and e-Commerce and 10% in finance.

“The dynamic content of the curriculum equipping the students with the necessary technical skill which is fetching fruitful results,” said Prof. G P Raja Sekhar, Chairman, Career Development Center at IIT Kharagpur.

Some of the top recruiters are:

EXL 37 Intel 33 Quantiphi 31 Flipkart 30
J P Morgan 26 Qualcomm 25 Oyo 24 Barclays 22
Goldman Sachs 21 Microsoft 21 Master Card 21 Eaton 21
Jio-Data 12 Apple 9 Google 9

“Students have been presenting the right mix of academic performance and an attitude groomed through their extracurricular activities. Several companies have focused on the creative and managerial aspects of students which they get to learn during their association with various student societies and cells in socio-cultural techno-management activities, sports,” remarked Vishal Singh, Students’ Vice President.

“My interview for the profile of product development analytics was mostly based on my association with the branding function and how we conceptualized new initiatives to support outreach activities of the Institute,” said a former member of a student’s cell.

23 international offers have been received till now. Japan has been leading in international offers with 4 Japanese companies making 11 offers, 6 offers in the US by Microsoft, Uber and Cohesity, Taiwan Semiconductor Manufacturing Company Ltd. has made 4 offers. Germany is the new entrant this year at IIT Kharagpur with 2 offers made by KPIT. For the last two years, 26 international offers were received. The phase I of the placement will go until December 12 and will resume again from January 1st week which will continue till mid-April, 2019.

“Few more international profiles are lined up. Also, we are expecting few PSUs to visit the campus during phase-II,” added CDC Chairman.”

The Career Development Centre at IIT Kharagpur has a 15-member strong students’ team managing placement right from interacting and inviting companies for placement, to conducting the placement activities led by a group of faculty members and the Students’ Vice President. “All the team members along with the staff of the Career Development Center have been working relentlessly since last month ensuring the best experience for recruiters and students,” he added.

 

 

Japan Fever Hits IIT KGP Placement

Times of India   Times Now   Economic Times   Indian Express    Financial Express    Business Standard   The Week   The Hindu BusinessLine    ABP News  First Post Hindi

Analytics is again ruling the roost in the first three days of campus placement at IIT Kharagpur with 150+ Analytics profiles among the 769 offers made so far.  The recruiters include top global corporations such as Microsoft, Intel, Barclays, Master Card, Qualcomm, EXL etc. offering positions in their offices in India and abroad. The American analytics company EXL has made 35 offers so far followed by Intel and Barclays with 29 and 22 offers respectively; Qualcomm, Master Card and Oyo made 21 offers each. Microsoft Corporation has made 4 offers in USA and 13 more for its India office. Taiwan Semiconductor Manufacturing Company Ltd. has made 4 offers. The 769 offers included 258 Pre-Placement Offers and 23 international offers.

Japan making headline at IIT KGP for the first time

What is unique this year, is the presence of 5 Japanese corporations for phase I placement session. On  Day 1, Mercari Japan led the show with 6 international offers. On day 2, two more corporations Bizreach and Yahoo made 3 and 1 offers respectively for positions in the island-nation. WorksApplications, another Japanese firm recruited for one profile on day 3 while Rakuten is scheduled on day 6.

So what is attracting Japanese corporations to hire from IIT KGP this year?

“Compared to USA and EU, there is a much lower presence of IITians and bright Indian graduates in Japanese corporations. Now the industrial sector in Japan is looking forward to attracting talented youth from India. With Japanese companies showing significant interest in recruiting graduates from IIT KGP, a career in Japan is expected to become a popular choice for bright IIT graduates,” remarked Prof. G P Raja Sekhar, Head, Career Development Center (CDC) at IIT Kharagpur.

Bilateral relations between India and Japan has been on an upward trajectory since the late 1950s. This symbiosis between the technology leader and India’s giant market has made way for a robust technology-trade-investment corridor for the mutual benefit of both countries.

“IITKGP has several MoUs with Japanese universities in the field of Naval Architecture, Agriculture, Transportation studies, Medical Studies etc. and our Director has just returned from a tour of Japan with stronger possibilities of industrial and academic collaborations,” explained Prof. Baidurya Bhattacharya, Dean, International Relations, IIT Kharagpur.

Campus First-timers

This year more than 362 companies have already registered and more than 618 profiles have been opened by them. The figure includes 16 companies which would be recruiting from the campus for the first time. To name a few, ARPWood Capital, AB InBev, Blackrock, Bidgely, ARPWood, Auctus Advisors, MasterCard, Bizreach etc. “This will provide an ample opportunity to our students to choose their career wisely,” said the CDC Head.

Start-ups Hiring

This placement session is also witnessing the participation of some of India’s leading start-up business and the figure is touching 33 with Zomato, Ola, Oyo, Flipkart, Innovacer etc. and most of the other start-ups visiting the campus in the first few days of placement. “The students are quite enthusiastic to join in this sector, as being an emerging field, it will ensure the high growth of their career trajectory. Moreover, students are giving importance to the profile offered than merely the name of the companies. Startups are eager to participate as early as possible during the phase 1 placements at IITs. Students are more specific about the profile and they are very much comfortable with startups. They are of the opinion that the growth at startups is quick,” added the CDC Head.