For the year 2013, IIT-B had started the placement from Oct 2012 to July 2013.
The Jobs offered by the companies and pat packages has been dropped for the academic year 2013-14.
And some of the companies have postponed the joining dates of the selected candidates further up to a year.
Over 270 companies visited the campus for placements. Around 1,421 students registered for the placement programme, only 1,099 students got selected for the jobs.
In 2011-12, only 18% of students didn't get the job. This year's campus placement record has been the worst in the past 4 years.
A professor said, "Qualifying for JEE or JAM and getting a good job are two different things. Employers have their own selection procedure to judge the candidates on a range of skills apart from academic knowledge."
Dean of IIT-B's placement department, Prof Avijit Chatterjee said, "If a few students don't get jobs through campus interviews, it doesn't mean they don't get jobs at all. They can approach companies directly after completing the course. Till now, no one has come back to us saying s/he didn't get a job."
However, Chatterjee admitted that the institute doesn't track the progress of the students once they graduate. Students also said it is tougher to get a job outside of campus placements as the competition isn't restricted to classmates.
Chatterjee denied impact of economic slowdown on placement. "Placement has been good all these years," he said.