IIT KGP sets new record of 1000+ placement offers in 5 days
IIT Kharagpur has set a new record by completing 1000+ placements in 5 days. With 144 companies visiting the Institute for recruitment the students have bagged these offers including 282 preplacement offers and 19 offers from Public Sector Units.
The areas which witnessed maximum hiring included software and analytics (60%), core (30%) and banking, finance (10%). Some of the top recruiters are Honeywell with 36 offers followed by EXL with 25 offers and software giant Microsoft with 24 offers. AI MNC Fractal Analytics and major contender of financial sector Barclays making 20 offers each followed by Samsung Research with 19 offers and Master Card with 18 offers. Among the top recruiting Indian companies were Reliance Jio, Udaan, TCG Digital, Axis Bank, ANI Technologies (OLA).
All the major companies across all the sectors are its software, hardware, consulting, core engineering, banking and finance visited the campus and completed their hiring with an average presence of 28 companies per day.
“This has been the fastest 1000 till date and typically one day ahead of the last year. We have a 20-member strong students’ team managing placement right from interacting and inviting companies for placement, to conduct the placement activities led by a group of faculty members, students and officials from the Career Development Centre. All the team members along with the staff of the Career Development Center have been working relentlessly since last month ensuring the best experience for recruiters and students,” said Prof. G P Rajasekhar, Chairman, CDC.
This year the students bagged 43 international offers. While Japan led in international offers with Japanese companies making 28 offers with Accenture Japan as a major recruiter making 19 offers and 9 by Sony Japan, Taiwan’s industry leader Taiwan Semiconductor Manufacturing Company Ltd. has offered 9 international positions to the students. This was followed by 6 offers made by major US MNCs including 3 by Microsoft Redmond, 1 each by Uber, PayPal and Honeywell.
“This year international offers have witnessed 69% growth in compared to last years. In the last two years 26 international offers were made and this year we have crossed that benchmark comfortably,” said an official.
Honeywell which has turned out to be the top recruiter with 35 offers in India (Bangalore, Hyderabad), and 1 offer in US (Atlanta) called IIT Kharagpur its natural partner in a press statement issued by the company earlier this week.
“IIT Kharagpur is a natural partner for Honeywell with its diverse and world-class technology talent. The enthusiasm that we are seeing from the Kharagpur student body is invigorating!” said Akshay Bellare, President Honeywell India as per the statement.
Honeywell has earlier hired 40 interns from Summer 2020.
“We are excited to have world-class organizations like Honeywell recruit from our campus. Honeywell, with its legacy of core engineering innovation and connecting hardware and software, is a classic example of the type of companies that are attractive to our students,” reciprocated Prof. Rajasekhar.
Five students till now have been made crore-plus offers. Additionally, more than 13 companies have made offers above ₹30 Lakhs. The true media salary can be estimated at the end of the phase I placement.
The phase I of the placement will tentatively go till December 11 and will resume again from January 1st week which will continue till mid-April, 2019.