The Indian Institutes of Technology (IITs) are seeing a positive sign in their rate of recruitment this year, say reports. According to sources, the percentage of companies waiting to hire the passing out students have risen noticeably this year in comparison to previous years.
IIT students who were taken by companies as interns are now in the top list of the companies in getting hired. Companies like American Express India, Vodafone, Accenture Services, Capital One Financial Services and Visa have offered jobs for students of IIT-Roorkee.
According to IIT Madras training and placement officer Manu Santhanam, the pre placement offers all over the IITs are in good mode. "We expect the number of offers to go out. The rise in numbers can be attributed to the well functioning of the internship process," he said.
It is to be noted that the functioning of the intership process has improvised after the placement cell made it a centralised process. Initially, students used to find companies to intern on their own, now it is co-ordinated by the placement cell and has turned out positive. Over 230 companies have approached the institute for recruitment.
According to placement chairperson of IIT Kharagpur Debasis Deb, some new companies have confirmed participation and the branch is likely to reach its usual placement target. Also, a statement from IIT-Gandhinagar read that students, who opt out of placements, remain eligible to participate in placements for the next two years.
"Nine students from the last batch are working on entrepreneurial ventures this year. Sixteen percent of the graduating BTech students opted for higher studies in foreign universities, such as Stanford University, Columbia University, Duke University, Clemson University, University of California, University of Tokyo and Georgia Institute of Technology," the IIT-Gn statement read