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on 07 February, 2013
IIT Bombay Placements 2013 Phase I
IIT - B Placements See an Upward Trend in Phase I
Feb 7, 2013
Despite global economic uncertainties, placements at the Indian Institute of Technology-Bombay (IIT-B) were upbeat in the first phase. With almost a 3% rise in students placed, compared to the last academic year, and more students placed in most programmes, the season was anything but sluggish. The number of international offers from MNCs and foreign players also rose by 40%, from 64 to 80.
IIT - B Placements See an Upward Trend in Phase I
Feb 7, 2013
Despite global economic uncertainties, placements at the Indian Institute of Technology-Bombay (IIT-B) were upbeat in the first phase. With almost a 3% rise in students placed, compared to the last academic year, and more students placed in most programmes, the season was anything but sluggish. The number of international offers from MNCs and foreign players also rose by 40%, from 64 to 80.
The institute released a report on the first phase of placements, which ended on December 18, 2012, at the Powai campus on Wednesday. Avijit Chatterjee, professor in-charge of placements, said many new players had come to the campus for hiring this academic year. "LinkedIn, Twitter and Michelin were some major global firms that came. There is an upward trend in the number of students placed in all courses," said Chatterjee.
Data shows that around 72% students from the BTech course have been placed in the first phase, opposed to 65% the last academic year. Though students in dual degree programmes are preferred, the percentage of students with offers stayed static at 78%, compared to the last academic year. This academic year, around 240 companies came for campus placements in the first phase.
Though the highest package drawn is not officially released, Sriram Bhargav, a computer science student, was believed to have bagged an offer of $1,50,000 (Rs80 lakh) from Samsung US/Korea, the highest this academic year. "Over 84 students have been recruited by multinational companies for their global requirements. The continued focus on firms as per the placement's office 'Look East' policy saw the creation of several job opportunities with highly rated organizations," the report stated.
In the second phase, from the second week of January, 50 offers have been made. "This phase is generally slow as we have interviews scheduled only after classes and during weekends. The second phase, which will go on till June," said Chatterjee.
Courtsey: Times Of India
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