Setting aside fears of a lull in campus placements this year in the backdrop of the global economic slowdown,recruitment drives have started on a positive note in engineering colleges,making available to students job opportunities both in core and IT industries.
While placement records have not been that good in engineering colleges for the last couple of years,the first phase of campus recruitment this year has shown mixed trend with some colleges registering high placements this year while other colleges showing a drop in the number of companies visiting this year as compared to last year.
At the College of Engineering Pune (CoEP),around 58 per cent of the around 688 undergraduate students and nearly 22 per cent of the total 74 postgraduate students of 2013-14 passing out batch have already got a job. According to Sandeep Meshram,faculty and training and placement officer at CoEP,campus placement record this year has so far been much better than that of the previous year. The student placement scenario was very grim last year as compared to this year. While global economic conditions have gradually been improving a bit,more companies have started coming to campus now, he said.
In fact,CoEPs Placement Cell had to undertake special initiatives to place the students of the 2012-13 batch. Despite all these efforts,placement statistics,which were at an all-time low in the recent past at 71 per cent for undergraduate students by the end of May 2013,ended at 86.64 per cent.
Around 60 companies,which includes both core and IT companies,have recruited CoEP students so far with BTech (IT) student Vrushali Jadhav getting the highest pay-package – Rs 25 lakh per annum – through a job offer by a Japanese electronic commerce and Internet company.
At the city-based Vishwakarma Institute of Technology (VIT),a total of 32 companies have visited so far for campus placements. These include 17 core companies and 15 IT companies. The institute,unlike CoEP,is going through a different situation with placements. In comparison to last year,the number of companies visiting our campus is less and the number of offers is also relatively less. The highest pay-package offered to our student this year is Rs 13.5 lakh per annum,which is a record for us. Also,eight new companies visited our campus this year,which is positive sign, VIT director R M Jalnekar told Newsline on Tuesday.
Among other colleges,the Pimpri-Chinchwad College of Engineering has also started its placement drive on a positive note with a leading software company hiring 104 students.
We expect the placements to get a boost in the second phase,which is to be carried out in November. The overall campus recruitment is lower this year as compared to last year,but the situation is different from college to college, the colleges training and placement officer Shitalkumar Rawandale said.
We have observed recession due to problems within the US economy in 2010. Though engineering placements in India were not challenged much that time,it surely sent a red signal to the corporate world. All industries have started re-engineering of their business processes. As a fallout of this,automobile companies,engineering companies,manufacturing companies among other sectors have optimised their requirement for manpower. So,in turn,the overall campus placement process has been affected over the last few years, said VITs director.