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.

VGSOM’s Placement Record

IIT Kharagpur’s Vinod Gupta School of Management Completes Final Placements in Record Time with 31% PPOs

India Today       NDTV


With the onset of 2020 IIT Kharagpur’s Vinod Gupta School of Management (VGSoM) has set a new record with close to one-third of its placement offers being PPOs. It has also become one of the first management schools to conclude its final placements for the 2019-2020 academic year.

The MBA Class of 2020 have mostly opted for Consulting as their preferred domain with a dominant share of 26%. Among the other key domains are Operations, Sales & Marketing, Analytics and Finance with 19%, 17%, 15% and 12% of the offers respectively.

Among the top recruiters were ITC, Accenture Digital, Amazon, PwC, Deloitte, Blackbuck, ZS Associates, Titan, Kotak Mahindra Bank, Oxane Partners, Vedanta, ICICI Bank, Axtria, Tiger Analytics, Wipro, IBM, IDFC First and Tata Power. In a first several new corporations participated in the campus placement drive. These included McKinsey, Crompton, EPIKInDiFi, Facebook, Cogoport, Media.net, Loadshare and Mahindra & Mahindra.

Top 25% of the students have secured an average compensation of ₹ 23.2 LPA and top 50% and ₹ 20.8 LPA. The highest offer also rose up to ₹ 29 LPA.

The Dean of Vinod Gupta School of Management, Prof. Prabina Rajib, remarked, “VGSOM was able to defy the current economic slowdown due to the School’s unique pedagogy, calibre of students and focus on learning outside classroom. I would also like to extend my heartfelt gratitude to our cherished corporate partners and alumni whose trust and unreserved support ensured a successful placement drive at the campus.”

The School is constantly upgrading its teaching and learning experience as well though collaborative and new academic programmes. It has recently tied up with Singapore Management University (SMU) to develop a broader view of management studies with constant upskilling through projects with companies like Lendingkart, GSK, Citibank, and DBS. As part of this experiential learning program, a group of participating students also secured runner up position in a portfolio simulation competition organized jointly by SMU and Stocktrak.

About VGSoM (IIT Kharagpur)

The Vinod Gupta School of Management (VGSoM) is a premier MBA institute of India which was established in 1993 under the aegis of IIT Kharagpur and is the first management school that was set up within the IIT ecosystem. The institute is ranked as one among the top B-Schools of India that is equipped

Now and then

Why is a black coat and dark trousers the invariable wear during placements? If Pradeep Poddar, who just landed a placement with Accenture, is to be believed, it is only because students are following tradition. “We have seen pictures of our seniors wearing black, and so black it is,” says Pradeep, who is a final year Dual Degree student of Metallurgical and Materials Engineering.

But except for the colour, everything else seems to have changed about placements.

For one, placements were not concentrated around the month of December and January. Alumnus and Associate Professor of Mechanical Engineering, Prof. Anandaroop Bhattacharya (1997/BTech/ME), says, “Placements during my time used to take place throughout the semester. Moreover, if one had got a job offer, one had to wait till all others in the Department had gone through the process and got offers, to wait for a second offer.”Besides, adds Prof. Bhattacharya, whatever happened, happened on the day of the interview.

Not so anymore. The placement process is much more intensive. Pradeep, for example, braced 40-45 tests from companies from the month of October before going for the placement process in early December. “According to the set rules, no tests could happen from 8 am to 5 pm, but starting from evening, some of us took tests way into the night,” says Pradeep.

He also prepared himself rigorously in coding, analytics, computer programming and on other platforms together with his friends. Some of this information was provided by the CDC itself, which keeps a repository of the feedback from previous years’ students facing the placement process. “On some of these platforms, you can enrol yourself to learn how to crack puzzles, gain expertise in data structure and programming for free,” says Pradeep.

Perhaps the process may be said to have started even earlier, with the compulsory internship in the third year for which students earn two credits. Himanshu Mundhra, a third year student of Computer Science and Engineering and a blog writer on Medium talks of how he had begun preparation for his internship interview from the second year itself https://medium.com/@himanshumundhra98/internship-chronicles-the-cdc-chapter-948d1a1f5a51

If Himanshu’s experience is anything to go by, a CDC internship does not come easy either. In fact, the IIT KgpFundae– anonymously Facebook account is strewn with worries being voiced on what happens when one is unable to secure such an internship. Many, like Pradeep, work their LinkedIn network to land off campus corporate internships.

But apart from the duration and the intensity of the placement process, there are other differences. Take job offers from the core sector. Prof. Bhattacharya says, “The number of companies and job offers in the core sector may have remained the same or even increased, but the number of students have gone up 3-4 times. So if you take the ratio of core jobs to number of applicants, it has definitely reduced. A lot of students now go for sectors different from their own discipline, perhaps aware that there are not many jobs to go around which are related to their discipline.”

The picture gets even rosier if one looks ahead at the early Nineties. Prof. Pallab Dasgupta, Professor, Computer Science and Engineering, who completed his B.Tech in 1990 and M. Tech in 1992 from the same department, says, “Since there were only a few IITs and a limited number of graduates – there were only 21 in my batch from my Department – the number of jobs were comfortably more than the number of students. So getting a job was fairly easy. Many, in fact, had multiple offers from companies as many left for foreign shores for research.” Prof. Dasgupta even calls it a “problem of plenty”.

The situation seems to have taken a 360 degree turn. An IIT Kharagpur: Undergraduate Mental Health Survey (https://medium.com/@shastrarth.iitkgp/iit-kharagpur-undergraduate-mental-health-survey-196082ef67db) puts “CDC internships, and then the placements hunt as the most stressful phase of their academic life in KGP”, with many putting the period after the third year as a completely different phase of their student life.

But nothing apparently can prepare a student for what ultimately happens during placements. Pradeep, for one, calls the process of selection “quite random”. His friend, Rajesh Yadav, a Dual Degree student of Metallurgical and Materials Engineering Department, says that he had concentrated on garnering software skills throughout college. He, in fact, appears mildly surprised by being chosen by Société Générale, a French multinational investment bank and financial services company, despite not having any experience in finance.

Pradeep explains, “As an interviewee, it is your job to convince the interviewers that you are the right candidate.” There are, obviously, no magic formulae for this. Pradeep supposes that the test he gave for Accenture in October had gone right, and hence the placement offer was perhaps natural. But he is not sure if that is the only explanation.

Most going for placements take this uncertainty factor on their chin and brace hard for it. Prof. Bhattacharya is, in fact, visibly impressed by the sureheadedness of the students of today. “Students are very sorted out in their minds whether they would opt for placements or not. Some of my students skip placements altogether as they know that they are going into research. Yes, I would say that they are way more sure now about where they are headed than they were during my time,” says Prof. Bhattacharya.

The other thing that impresses him is their professional way that students dress for the placement. “For us, it was different. We often used to borrow each other ties and shirts. More than shirts, we used to share shoes. There were probably 2 formal shoes in my wing where 6 of us were applying for jobs – one was size 8, the other 10. Even if the size did not fit, we would say, ‘How does it matter? You will be sitting during the interview anyway’. That was our definition of one (well two) size fits all,” Prof. Bhattacharya adds with a laugh.

Pradeep laughs as well on hearing about this, perhaps at the impossibility of that happening today. For his placements, he chose a blue jacket, but only because he had the material lying around in his home. Left to his own, he would have settled for black.

Photographs: Suman Sutradhar

Placed!!

Photo Credit: Suman Sutradhar


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The six month’s long preparation of the Career Development Centre (CDC), Placecom Team, Faculty members and students which was started in the month of July 2019 came to an end on December 11, 2019. The first phase of placement started on 1st December 2019 and continued till 11th December 2019. This year CDC has created a new benchmark by placing 1310 plus students in the first phase only. This created an all time highest digits in the history of IITKGP!

To start with the session, CDC has received 280 pre placement offers along with 19 offers from Public Sector Units. Placing 1000 students in just five days (December 05th) of placement and the overall figure of the placement at the end of phase I have comfortably passed all the previous year’s record. 

This year the Institute achieved a remarkable growth in the International offers. Students have been able to bag 51 overseas placements. As compared to last year CDC has achieved an increment of 96% in this area, which is really commendable.

The participation of more than 215 companies during this period has contributed to this achievement. This year the Institute has witnessed the participation of all types of organizations across sectors. Software, analytics, consulting, core engineering companies, banking and finance are the major takers of this year. The company mix of the first phase is fairly distributed, and the students got their placements as per their sector choice, though software, data and analytics took the lion’s share. The software and analytics sector dominates with the total sectoral company presence of 58% whereas core and banking have contributed nearly 30% and 9% respectively. 

The median salary calculated on the available data stands at Rs.15 lakh per annum which is quite encouraging. In the first phase of placement session Honeywell, Excel, Microsoft, Barclays are the highest contributors where as in the International front Japanese companies top the list. On behalf of the Institute, CDC, IIT KGP thank all the recruiters who had taken the trouble to visit IIT KGP and took part in achieving these feet.

Out strategy was to take the pain and enlist more companies on a day than usual. The entire team worked hard to keep up the process smooth with the cooperation of the Institute authorities. This gave wonderful results – said Chairman, CDC, Prof. G P Raja Sekh

 

Fastest 1000

Graphic and Photo: Suman Sutradhar

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Honeywell Hiring:       Live Mint       ANI       Manufacturing Today India


IIT Kharagpur has set a new record by completing 1000+ placements in 5 days. With 144 companies visiting the Institute for recruitment the students have bagged these offers including 282 preplacement offers and 19 offers from Public Sector Units.

The areas which witnessed maximum hiring included software and analytics (60%), core (30%) and banking, finance (10%). Some of the top recruiters are Honeywell with 36 offers followed by EXL with 25 offers and software giant Microsoft with 24 offers. AI MNC Fractal Analytics and major contender of financial sector Barclays making 20 offers each followed by Samsung Research with 19 offers and Master Card with 18 offers. Among the top recruiting Indian companies were Reliance Jio, Udaan, TCG Digital, Axis Bank, ANI Technologies (OLA).

All the major companies across all the sectors are its software, hardware, consulting, core engineering, banking and finance visited the campus and completed their hiring with an average presence of 28 companies per day.

“This has been the fastest 1000 till date and typically one day ahead of the last year. We have a 20-member strong students’ team managing placement right from interacting and inviting companies for placement, to conduct the placement activities led by a group of faculty members, students and officials from the Career Development Centre. 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,” said Prof. G P Rajasekhar, Chairman, CDC.

This year the students bagged 43 international offers. While Japan led in international offers with Japanese companies making 28 offers with Accenture Japan as a major recruiter making 19 offers and 9 by Sony Japan, Taiwan’s industry leader Taiwan Semiconductor Manufacturing Company Ltd. has offered 9 international positions to the students. This was followed by 6 offers made by major US MNCs including 3 by Microsoft Redmond, 1 each by Uber, PayPal and Honeywell.

“This year international offers have witnessed 69% growth in compared to last years. In the last two years 26 international offers were made and this year we have crossed that benchmark comfortably,” said an official.

Honeywell which has turned out to be the top recruiter with 35 offers in India (Bangalore, Hyderabad), and 1 offer in US (Atlanta) called IIT Kharagpur its natural partner in a press statement issued by the company earlier this week.

“IIT Kharagpur is a natural partner for Honeywell with its diverse and world-class technology talent. The enthusiasm that we are seeing from the Kharagpur student body is invigorating!” said Akshay Bellare, President Honeywell India as per the statement.

Honeywell has earlier hired 40 interns from Summer 2020.

“We are excited to have world-class organizations like Honeywell recruit from our campus. Honeywell, with its legacy of core engineering innovation and connecting hardware and software, is a classic example of the type of companies that are attractive to our students,” reciprocated Prof. Rajasekhar.

Five students till now have been made crore-plus offers. Additionally, more than 13 companies have made offers above ₹30 Lakhs. The true media salary can be estimated at the end of the phase I placement.

The phase I of the placement will tentatively go till December 11 and will resume again from January 1st week which will continue till mid-April, 2019.

Lessons from Day 3

Beating all conventional logic, which would expect the number of placements to go down steadily with each passing day, the figures at IIT Kharagpur show a consistently upward trend. From 170 placements offered on Day 1, the figure went up to 250 on Day 2. A total of 162 were placed on Day 3, with the top recruiters of the day being Honeywell, Axis Bank, ANI Technologies (OLA) with 34, 12 and 10 offers respectively.

Perhaps the faces said it all. Although still clad in their crisp white shirt and dark trousers and coat, many of those assembling in Nalanda bore little or no mark of the tension that had surfaced on faces on Day 1. Some of them who had been placed were still gambolling around Nalanda, if only to pep up their friends.

Amul Patwa from the Mathematics Department had got his placement in AppDynamics – an application performance management and IT operations analytics company based in San Francisco – on Day 1 itself but was still hanging around in Nalanda to cheer up his friends. So was Soumoshree Saha from the Industrial and Systems Engineering Department, who had got placed in Flipkart on Day 2.

“All things seemed to be going wrong on the first day for me, but things went smoothly on Day 2 and I got my placement by forenoon itself,” said Soumoshree.

Software was still dominating the offers, said an official from the Career Development Centre of IIT Kharagpur, but offers were robust from the core, analytics and financial and consulting sectors as well. In fact, there have been a substantial number of placements in the banking industry. The number of offers from public sector units had also gone up by three-fourths.

The biggest surprise of this year’s placements has been the number of offers from international firms, with the Japanese companies dominating the show with as many as 24 offers so far.

“What is undoubted is the preference for coding skills. In today’s world, the mantra is coding, so if students are well-equipped in coding, they have an obvious advantage,” said Prof. G.P. Raja Sekhar, Chairman, Career Development Centre, IIT Kharagpur and Chairman, All India Placement Committee.

The fact that stood out as the most obvious conclusion during the placement rounds at Nalanda was that irrespective of the department one belonged to, anyone with a good CGPA had a good chance of securing a placement. This is a fact that IIT Kharagpur has always tried to impress upon JEE qualified students during counselling, when the choice of department becomes an enormous dilemma for both students and their families.

The other fact was the skills that students need to pick up before they face placement. Take the case of Ashutosh Bhaskar from the Geology and Geophysics Department. Ashutosh has got his placement at Tiger Analytics, an advanced analytics and AI consulting company. “I not only cleared several certification courses in analytics, but also sought out internships in places where I could use and improve my analytics skills,” said Ashutosh. “Yes, the booming thing today is data analytics,” concurred Soumoshree. So did Manpreet Gulia from Chemical Engineering, who had secured her placement with Barclays.

Sometimes the curriculum itself at IIT Kharagpur prepares the student for the required skills. Soumoshree said, “My curriculum at the Industrial and System Engineering was diverse and I picked up the necessary skills in data and optimization analytics as also in supply chain management.” The student can also opt to pick up these skills through the curriculum. Take Krutarth Satoskar, who while doing his graduation in Biotechnology and Biochemical Engineering also did his minor in Financial Engineering. Not surprisingly, Krutarth has secured his placement in JP Morgan.

Together with the technical skills, the soft skills are as important. Parimal Pratyush of the Industrial and Systems Engineering reminded his interviewer of their significance while hurrying for his session on Day 2 of the placement. He recalled that both the Students’ Welfare Group, a student body operating under the Dean, Student Affairs, and Communiqué, the ‘Official Soft Skills Society’ of IIT Kharagpur have run exclusive sessions to groom students for the placement season. Communiqué, which started in 2006, with the aim to provide students a strong platform to improve their soft skills and personality, conducted a bootcamp and language improvement workshops this year. The society also launched ‘Finshots’ or newsletters they sent out to students in association with ‘Finception’, an IIM-A alumni Startup, to cover important financial and business news.

(After three days of placement, a total of 877 students have been placed including PPOs)

Photography: Suman Sutradhar

Day 1 Placement Report

Economic Times        Business Insider       Business Standard        Live Mint        Times of India

IIT Kharagpur has started its 2019-2020 placement journey with 469 offers including PPOs. This is a clear increase from last year’s Day 1 figures.

The first day started with 30 companies which is 25% more than last year and included 76 profiles from core, software, analytics, finance and consulting. The preplacement offers witnessed a 7% increase which is almost three times from last year in public sector offer.

There is 50% increase in international offers that includes many pay packages with over a crore.

The top recruiters on day one so far are EXL, Microsoft and Goldman Sachs, American Express, Qualcomm with 25, 24,14 and 11 each respectively.

“We feel that the placement trends are very promising and we expect the overall season to be very fruitful,” said Prof. G P Raja Sekhar, Chairman, Career Development Centre, IIT Kharagpur and Chairman, All India Placement Committee.

More information is expected by the end of Day 2.

Placement Begins

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.

 

 

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.