The job market seems to be looking up—after a fine summer placement season at top business schools, it’s the turn of elite engineering grads now. All the older Indian Institutes of Technology (IITs) have seen a robust start to the two month-long final placement process with technology and core sector engineering emerging as preferred areas of hiring
At IIT Kharagpur, students bagged some 188 offers on the first day on Friday, as against 134 offers on Day 1 in 2016. By Monday, more than 400 jobs had been offered to its students. Even before the placement season began on 1 December, its students had bagged some 250 pre-placement offers based on their previous internships. These are in addition to the ongoing campus hiring numbers.
The response is strong at IIT Delhi, Madras, Bombay, Kanpur and Guwahati too, from both domestic and international companies.
PRIMARY SECTORS
Among sectors, core engineering and information technology were the lead recruiters across IITs. For example, IIT Madras said 32% of its day one offers were for core engineering and research and development roles, and 25% of offers were from IT firms.
At IIT Bombay, a sizable number of offers were from core engineering. As per day two data of the placement at the institute, more than 45% offers were for core engineering jobs. Intel with 25 job offers and Samsung Research Institute with 17 were the lead recruiters in core engineering at IIT Bombay.
MAIN RECRUITERS
IITs said lead recruiters in the initial few days included Microsoft, Samsung India, Oracle, taxi aggregator über, Mercari Japan Ltd, Vedanta Plc, Qualcomm, Indian Space Research Organisation (Isro) and ONGC Ltd, Tata Steel, Bajaj Auto and financials like Goldman Sachs, JP Morgan, American Express, and consumer internet firms like Flipkart and Paytm.
