Core sectors and R&D offer most number of jobs as IIT-M gets record 888 offers

IITians are known to bag the biggest offers in the job market. But, the students of Indian Institute of Technology Madras are on cloud nine after they bagged 888 offer from 195 companies during the Phase I of Campus Placements alone. Including the 136 Pre-Placement Offers (PPO), the total number of offers stands at 1,024. Job offers from core and R&D sectors were the most (346) followed by IT (290) and Analytics and Finance (248).

The Phase II of Placements will begin in the second half of January 2019. The previous high was during the 2014-15 academic year when 1,019 job offers, including those for MBA, were made. The current year’s statistics are without the MBA offers.

Around 1,300 students had registered for the campus Placements during 2018-19. There were more than 490 job profiles from nearly 326 companies during Phase I of Placements, held between December 1 and 8, 2018. Out of the registered companies, 195 companies visited IIT Madras for recruitment. Intel and Micron Technology offered the most number of jobs (26) followed by Microsoft (22), Citibank (22) and Qualcomm (21). 

Including the accepted Pre-Placement Offers (PPOs), a total of 844 students have already been placed at the end of Phase I Placements for 2018-19 Academic Year. This compares favourably with the same time last year (2017-18) when 766 students (114 PPOs) had been placed. The total number of companies in Phase I last year was also 195.“We had an excellent Phase I this year – in spite of the reduced duration of only 8 days – which saw us breaching the 1000 offers mark (including PPOs). The demand for students in the computing and analytics sectors was strong. We expect more core companies to come in Phase II," said Manu Santhanam, Advisor (Placement), IIT Madras.