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IT, Analytics Firms Dominate Day 2 of IIT Placements

Second day of placement season at IITs brought relief to students. A good number of offers were made from all the sectors, however, IT, analytics and consulting sectors rolled in most of the offers.

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The second day of placement season at IITs brought relief to students. A good number of offers were made from all the sectors, however, IT, analytics and consulting sectors rolled in most of the offers. Although hiring improved on the second day of placements, the number of offers is still marginally less as compared to 2015.

Also Read:Microsoft Offers 70 Jobs to IITians this Placement Season

Debasis Deb, Chairman of the Career Development Centre, IIT Kharagpur said that the number of offers made this year is less on Day 2 as compared to 2015 but there has been a rise in the number of offers made by the analytics firms.

He further added that the institute tries to balance the offers by inviting companies from all the sectors but hiring has shifted towards IT and analytics.

Another major development this placement season is that Google will not be participating in campus placements and has decided to go off-campus. Convener of All-IITs Placement Committee (AIPC), Kaustubha Mohanty explained the reason behind this development and said that Google’s recruitment process is rigorous and it breaches a few recruitment norms set by IITs and therefore Google has decided to go for off-campus hiring.

Also Read:Google Not Recruiting in Most IITs this Placement Season

Placement Highlights till day 2:

  • As many as 25 companies participated at Kharagpur on day two. The number of offers rolled out till day two were 307 including the 127 offers made on the first day.
  • At IIT Madras most of the companies that visited on day two were from the IT, consulting and analytics sector. Some of the companies that visited were McKinsey Gurgaon Knowledge Centre, HSBC, Squarepoint Capital, Vedanta, Analog Devices, ANI Technologies, Airbus, PayTM, etc.
  • However, the highest offers at IIT Madras were made on day-1 and were rolled out by organizations like Microsoft, Intel and Goldman Sachs. Other big names that visited were JP Morgan and Samsung R&D.
  • In 2016, Google will be offering jobs to IIT-ians directly. Some of the students from IIT Bombay, IIT Delhi, IIT Madras and IIT Kharagpur have already appeared for the Google recruitment test and qualified.

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