More than 850 students of IIT-B grabbed offers in the first phase

At IIT-Bombay, the first stage of placement procedure will get over on Thursday. In this first chapter of placement, till now, more than half of the candidates are placed. Up till now, out of 1,600 students, 850 students have already got the job offers in their kitty.

The placement procedure began on 1st December, 2013, as 245 companies buckled up at IIT-Bombay campus to hire some of the best students of the country. However, till now, the institute has not figured out the data of average package received.

Second chapter of this placement procedure will start from the second week of January. "The number of offers this year is little better than last year. As usual, we have had some of the best companies visiting campus in the first phase. But there was not much of a difference in profiles," Avjit Chaterjee, the professor in charge of placements.

He further stated "since 873 students are placed with unique offers, the total number offers made could be much higher. Also, as is the norm, most computer science students have secured placements in the first phase."

Considering last year, the bench strength was 1,350 students and among those 850 students were placed in the second phase with 230 companies visiting campus for placement then. Chaterjee elaborated "since there are only 15-17 days in the first phase, there could only be a fixed number of visiting campus. This figure will saturate at 900. It will not be possible to hire more than this in the time we have."

A student of IIT-B shared his view "there were few US companies which didn't turn up due to visa issues, but visiting Japanese firms compensated for their absence."

Oracle turned out to be the big fish by making the highest offer followed by Samsung UK/Korea.