Chennai: In a bright start to the placement season, students from IIT Madras has got 540 offers from 144 companies in the first four days which is an increase of 10 per cent compared to last year.
The placements of post-graduate students and research scholars have increased by 10 per cent and 19 per cent.
Companies like Qualcomm, Intel India and Unique Identification Authority of India (UIDAI) and Bajaj Auto showed interest in recruiting PhD scholars this year.
IIT Madras has the equal number of PG and UG students. “This significant increase in the placement of PG students so early in the season is heartening. It also demonstrates that companies with high-end engineering and technology positions are thronging to IITM to recruit its highly-qualified PG students,” IIT Madras director Bhaskar Ramamurthi said in a release.
“This increase shows that IIT-M students are being increasingly preferred for research-oriented positions by the Industry,” said Professor Manu Santhanam, advisor, Training and Placements, IIT Madras.
“This year there is a lot of emphasis on domain knowledge. Companies are looking for quality candidates with good academic credentials, especially for the Research Positions,” he said.
The institute has received 22 international offers so far. “Even though the ‘Graveyard’ session, which was held mainly to facilitate interviews with recruiters in the U.S., was scrapped this year, the total number of international offers has increased from 10 last year to 22 in the first four days,” he added. The first phase of placement season has started on December 1.
