Domestic offers seem to be gaining traction among some IIT Delhi students, who have turned down international offers with over $125,000 per annum packages to work within the home country.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
Day 1 saw Microsoft make the highest number of offers while Intel emerged as one of the top recruiters on Day 2.
Seven students were made international offers.
Even mid-size and smaller IT companies are going slow on recruitments due to the uncertainty in business from the US, which is the single-largest market for these companies, says L Venkataesan, a placement consultant based in Tiruchy. JJ College of Engineering in Tiruchy, till before last year, saw almost 95 per cent of its students being placed.
'Any person who wants to enter this service should have a single object of serving the public irrespective of hindrances.'
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Wary of the times ahead in the job market, business schools are working on a risk-minimisation strategy and looking at doubling the pool of companies on the campus for the summer placements scheduled in November this year.
At the Indian Institute of Management, Bangalore (IIM-B), where post-graduate programme (PGP) placement starts on March 4, a sense of anticipation and optimism is in the air.
The final placement process, which kicks off on December 1, is expected to be a season of bonanza, with recruiting companies queuing up once again after a two-year lull.
'I would mostly survive on sugarcane juice and vada pav during the day.' 'Sometimes my friend and I would cheat on our budget only to regret it later. Regret because we were now supposedly marine engineers who should ideally be sailing and earning in dollars instead of calling our parents for money.'
Top global brands such as Goldman Sachs, Deutsche Bank, Microsoft, Facebook and Texas Instruments visited the campus.
The e-commerce firm recruited 18 post graduate students.
The IITs see nearly three times increase in Asian companies on campus this year
On the second day of placements at the Indian Institutes of Technology, IIT Kharagpur saw IT biggies like Yahoo, Microsoft, and Adobe flock its campus, apart from companies like Amazon, JLLM, 3M and FICO.
While only the Indian Institute of Management, Ahmedabad (IIM-A) has voiced its concerns so far, the company says it has done so due to the ongoing restructuring of its business
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Deloitte's recruitment process will involve a resume screening, a telephonic interview, and a face-to-face interview if you apply online, says Sarvesh Agrawal.
The Indian School of Business (ISB), Hyderabad, has so far seen the highest domestic job offer on its campus at Rs 39 lakh from a private equity firm, according to two recruiters familiar with the development.
Over 100 companies are expected to make offers to the 256 students who will graduate this year.
As the economy surges ahead, these financial watchdogs will be increasingly in demand.
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
The cheer seems to have returned to the Indian Institute of Management, Ahmedabad campus with the institute's average domestic salary shooting up by around 22.76 per cent this year as part of its placement process for the 2008-10 graduating batch of the Post Graduate Programme in Management, which came to a close on Wednesday.
International pay packages have soared 10-30 per cent at IITs.
Speed-job dating is becoming popular among job-seekers and employers.
Experts explain the various nuances of data interpretation and how to crack the section with ease.
In contrast to the prospects for American B-school students, salaries for this year's graduates from top Indian MBA programs are up sharply
Information technology firms appear to have lost their appeal at the Indian Institutes of Technology. Campus recruitment figures by major Indian and foreign IT firms have dipped this year, raising further concerns of an industry slowdown.
BSP supremo Mayawati, AIADMK chief Jayalalithaa and Trinamool Congress leader Mamata Banerjee have been at the centre of intense debate in political circles on which way they will go after May 16, the day of election results.
In a first at the National Institute of Design (NID), academic profiles were offered to the graduating batch of young designers during placements this year.
Management institutes are simultaneously inviting more companies to minimise the chances of fewer placement offers this season.
The ongoing placement season at the Indian School of Business in Hyderabad is seeing some undercurrents of slowdown and recession.
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At IIM-Indore, the highest domestic salary offer recorded this year was Rs 26 lakh compared with Rs 18 lakh last year an increase of Rs 44 per cent. At IIFT-Delhi, the highest domestic offer was Rs 25 lakh over Rs 19.20 lakh in 2007 an increase of 30 per cent. At IIM-Bangalore, for instance, consulting firms accounted for 37 per cent of total placements. At IIM -Ahmedabad, a total of 103 offers were made during lateral placements.
Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
The Nandigram fracas is taking a toll on placements at the oldest Indian Institute of Management (IIM), in Kolkata, with top-notch recruiters like Goldman Sachs deciding not to visit the campus this year for summer placements.
Come July, professor Nilanjan Chatopadhyay - placement chairman at the Institute of Management Technology Ghaziabad - will start living life out of his suitcase, literally.
Final student placements of the Indian Institute of Management (Ahmedabad) was over on Tuesday, with the premier B-school witnessing a hike in domestic and international salaries, as well as growing preference for enterpreneurship.
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