Phase I of IIT-Madras placements to begin on Dec 1

As many as 326 companies have registered as on Monday for more than 490 job profiles in the phase one of the placement session, compared to about 270 companies in the whole of last year (2017-18).

The first phase of campus recruitment for 2018-19 will be held between December 1 and 8 with a break of one day in between - December 5 2018.

About 34 per cent of the recruiters are from core engineering, research and development sector, 21 per cent from finance, analytics, consulting sectors, and 32 per cent from the IT sector with the rest from other sectors. The Institute will host more than 50 start-ups this year. With 130 Pre-Placement Offers (PPOs) for the year 2018-19, the institute recorded a 20 per cent increase in PPOs, which comes from internships.

More than 1,300 students have registered for placements across different study streams and departments this year. The number is expected to increase as more Research Scholars become eligible (this happens as and when they achieve a specific target in their research programme).

About 30 students have opted for deferred placements as they are either pursuing Start-up ventures or planning to apply for higher studies. Prominent first-time companies this year, include Bain and Company, Nomura, Ather Energy, and Jaguar Land Rover.

Traditional recruiters such as Microsoft, Goldman Sachs, BCG, Intel, Citibank, Qualcomm, Bajaj, General Electric will come to IIT Madras for recruitment this year as well. As many as 23 companies have advertised international profiles, most of which are for positions in Asian countries including Japan, Singapore, and Taiwan. The US too was included in the list.

An interesting trend in this academic year was the increased number of profiles for data analytics, which reflects the current industry trend. There are around 59 analytics/data science job profiles as of now compared to around 48 in the whole of last year.