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The 2024-25 placement season at the IITs got off to a much better start with a higher number of international offers and higher salary packages in the first phase that ended in December compared to last year.
While the first phase is when most companies are expected to be on campus, the second phase is more gradual. (Getty Images for representation)
A large number of appointments were made in the first phase, which saw a change Increase in international offersIndian Institutes of Technology (IITs) are targeting as many recruiters as possible ahead of the second phase of placements starting in mid-January.
The 2024-25 placement season at the IITs got off to a much better start with a higher number of international offers and higher salary packages in the first phase that ended in December compared to last year.
Increase in global offers
In the first phase, IIT-Delhi had over 50 international offers from over 15 firms based in global regions including Japan, Netherlands, South Korea, Taiwan, UAE, United Kingdom (UK) and United States of America (US). ,
Another old IIT, IIT-Kanpur, saw a big increase in international offers with 28 offers in the first phase itself, an increase of 27% over last year. The institute also recorded a significant increase in placements in key industries and PSUs.
IIT-Kharagpur received 13 international offers.
While IIT-BHU did not disclose statistics For international proposals, it contributed a good number out of the total 1,010 proposals received in the first phase.
IIT-Madras and IIT-Bombay have not yet released this year’s placement figures.
Placement officials at IIT-Patna, a second-generation IIT, said they had received 12 international offers in the first phase, all of which were made by four Japanese firms.
The first phase of recruitment for older IITs begins from December 1 and lasts for a fortnight, while the second phase for most institutes begins from mid-January and continues till the end of the semester in April.
While the first phase is when most companies are expected to be on campus, the second phase is more gradual. “The first phase went well with a good number of offers, both domestic and international. We are all set for the second phase, where we have reached out to an expanded base of recruiters, a large portion of which are consulting, manufacturing and mainstream companies,” said a placement executive at one of the older IITs, who Has not done this. I want to keep the name.
Targeting more companies, alumni
All IIT The Placement Committee (AIPC), a group of heads of placement and training cells of all the 23 IITs, which met last November, decided on three major steps for better recruitment this year – targeting a greater number of companies, Reaching a wider range. Bridging the alumni and industry-academia gap.
“The recruitment base should be expanded in all IITs. Moreover, alumni are the strength of any institution. It is important to reach them more effectively. Also, continued exchange with industry is important. Last year, some of the global companies making offers had delayed joining, which was also raised, and companies were asked to follow the recruitment guidelines,” said one of the placement cell heads who attended the meeting. Said on condition of anonymity.
Last year, placements in IITs, including old and well-established institutes, were affected due to the global economic slowdown in the IT industry, the impact of which now seems to be subsiding to some extent, though not completely. Officials in the placement cell of some of these institutes said that some top software companies are still limiting recruitment and this is likely to reduce in the second phase, which is impacting the new IITs.
Compared to 2022, after the pandemic, when large-scale recruitment took place in IITs, the number of recruiters and in some cases the average offers has reduced to some extent.
“Although placements are better this year compared to last year, we are still taking additional measures to reach out to a wide range of recruiters in the second phase of over 100, including start-ups, core companies and consulting firms. A lot of semi-conductor companies are also coming this year. Hiring by software companies since last year has been specific and limited. “Some of the top recruiters in IT have not yet hired because of the impact of the recession, the impact of which is still being felt in the sector,” said a senior official in the placement cell at IIT-Patna.
To ensure better and more number of offers, the institute has changed its methodology, which includes providing more training to students and placement teams.
From the academic session 2024-25, Institution It is mandatory for all students registered for placement to appear for at least five mock assessments. “These measures have given us some good results in the first phase. “We are preparing for the second phase and are expecting some of the top recruiters to come to campus who have stayed away until now.”
