IIT-B sees rise in global hiring

This year,1,380 students are part of the placement process. While 200 companies have already participated,an estimated 150 more are likely to participate in campus placement in the following months. “Several companies,which target the two-year MSc,MDes and PhD graduates,start their placement process a few months before graduation. These companies will be invited during the second phase of campus placements,which will start from January 2012. The interview phase will continue till June 2012,” said an official statement from IIT Bombay.

Some of the big companies this year include Microsoft,Sony,Goldman Sachs,Google,Facebook,Boston Consulting Group,Shell and Schlumberger. “Despite the economic downturn,the number of offers this year are on par with last year and in several cases,it has gone up. This shows the faith companies have in our students,irrespective of the market situation,” said Sinha.

Placements started on a good note from day one itself,which saw a 20 per cent increase in the number of jobs offered to the students from the previous academic year; 142 job offers were made by 28 companies on the first day. Students had a variety of sectors and profiles to choose from,even as the initial part of the placement season was dominated by engineering,IT,management-consulting,finance and the FMCG ssectors.

The technical sector continued to be a favourite among students and a large number of students showed inclination towards engineering and technology firms. “A large proportion of students have shown their preference for such job opportunities,which can be primarily attributed to attractive work profiles offered to IIT graduates by engineering and technology firms. Close to 50 offers have been made by the management consulting firms and nearly 60 by the financial services firms that visited the campus. These organisations work with large corporations across the globe and assist them in resolving complex business problems,” said the statement.

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