79 IIT-M students defer from placements

Placements at IIT-Madras started on December 1 and after a break during the floods restarted on January 6 on a positive note placing 564 students in the first week as against 550 last year. Of the 564, eight received offers from three companies, followed by 61 with jobs from two companies.

A total of 79 students withdrew their registration for placement this year, including students who deferred their placements and those who had already been placed in companies with pre-placement offers. Forty seven per cent of the companies that recruited students from the institute in the first week were core engineering, public sector undertakings and research & development companies. Two PSUs, Mazagaon Docks, Mumbai and Cochin Shipyard are expected to recruit this week.

While explaining the placements, Prof. Babu Viswanathan, IIT Madras Advisor (Training & Placements) said about 30 students deferred their placements this year as they either want to pursue higher studies or get into entrepreneurship. Last year we had about 20 students deferring their placements. In the first week, 180 companies provided 633 job offers to 564 students and 53 candidates accepted pre-placement offers. As against 1,237 registered for placement this year, 617 were placed till the end of first week.