Thursday, 8 December 2016

Job offers down 10% at IIT placements this year but average packages are up

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An increased number of the Indian Institutes of Technology (IITs) coupled with revised recruitment plans by recruiters has led to number of offers come down by 10% at placements, even as number of companies at campuses is slightly up this year.

At IIT Kharagpur, as against 280 companies last year, this year the institute has seen over 300 companies register for placements, several of which have already visited the campus. Similarly, IIT Guwahati too has seen number of recruiters rise from 150 last year to 200 this year.

Despite this rise, the number of offers per recruiter has come down by anywhere between 10% and 20% at different IITs, barring a few. IITs attribute the trend to multiple reasons including rise in the number of the premier institutes to now 23, thereby leaving too many campuses for recruiters to visit, apart from revisions in recruitment plans by firms.

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