Placement at IITs 2013

IIT Bombay
A total of 1600 students would be getting
placed this year out of which 400 students are
currently going through the process. The
institute's placements coordinators have
refused to share salary details. However,
according to one of our sources, there is going
to be at least a 30 percent increase in pay
packages this year compared to last year.
Speaking to Gyancentral, IIT Bombay
Placement coordinator, Avijit Chaterjee said,
"Some companies that are expected in the first
phase are McKinsey & Company, Boston
Consulting Group, Deutsche Bank, Booz &
Company, Microsoft, Google Inc, Facebook,
IBM, LinkedIn, Twitter Inc, etc."
For the first time, this year at IIT Bombay the
US-based Blackstone Group and Digital
marketing company Rocket Fuel are also
expected to visit.
How is the job crunch scenario?
"What job crunch? The response from
companies has been pretty good. It does not
seem like there is a job crunch in the market,"
said Chaterjee.
A student from IIT Bombay last year had
bagged the highest job offer from Microsoft. It
was Rs 52 lakh which is $100,000. The position
offered to the student was for their
Washington office.
"Let's see what happens this year. We have our
fingers crossed. Hopefully, IIT Bombay will bag
the highest placement record this year too,"
says one of the members of the placement
committee.
IIT Madras
A total of 1263 students will be participating in
the first phase of the placements.
A source from IIT Madras told us that Samsung
Electronics Company Limited has proposed to
offer Rs 80 lakh (approx which is a whopping $
150,000 to one of their students. This will
clearly be the highest so far from any IITs.
Speaking to Gyancentral, a student
representative from the placement cell at IIT
Madras said, "Mercedes Benz, Rolls Royce and
Toshiba Corporation are among the first timers
on campus this year."
"We are expecting close to a 100 new
companies. This includes Procter and Gamble,
Walmart, Bajaj Auto, Hindustan Coca-Cola
Beverages, MRF Tyres, etc. These will come in
mostly by the second phase."
"Other companies participating in the
placement process at IIT Madras are Boston
Consulting Group, Deutsche Bank, Goldman
Sachs, ITC Ltd, Google India, Sony, Shell,
Facebook, Morgan Stanley, Microsoft, IBM and
Samsung Electronics," he added.
IIT Guwahati
According to our source, "the placement
scenario so far is similar to last year."
"Last year the highest compensation package at
IIT Guwahati was Rs 80 lakh (approx) which is
$1,50,000. This year it might be the same or it
might even go below that, close to Rs 70 lakh."
However, IIT Guwahati will also be seeing its
own set of first timers this year namely
Goldman Sachs Strategy Group and Morgan
Stanley.
"Yes, they have never been to our campus
before. So we are hoping this year they will
pick considerable numbers and we are very
proud to host them," says a student from the
placement committee.
At IIT Guwahati, last time, this year was proud
moment as Facebook turned out to be the
largest recruiter on campus and Microsoft also
picked up maximum number of students.
"Honestly, this year doesn't look very good so
far. We do not know how it will go. But hoping
for the best. We have invited close to 100
companies but we seem to be getting a not-so-
positive response from many" Ten of them
have visited the campus in the past four days,"
said the student.
IIT Delhi
While IIT Delhi refused to comment of their
placement scenario, after repeated requests,
we did gather that the total number of
students participating in the placement process
if around 1300.
Speaking to Gyancentral, Kushal Sen, head of
training and placement and National
Programme on Technology Enhanced Learning
(NPTEL) at IIT-Delhi, said, "About 25 firms
representing almost all the sectors will be
participated on the first day of the final
placement process. We have invited over 350
firms this year, which is the same as that of
last year. We are positive that most of them
will turn up and pick students."
IIT Bhubaneswar
Close 1200 students will be participating in the
placement process.
"We have invited close to a 100 firms and we
think that most of the students are interested
in core," informs a representative from the
placement cell, IIT Bhubaneswar.
"So far 14 companies have already visited and
made offers. We cannot divulge the offers
right now."
Last year, IIT Bhubaneswar's highest offered
salary was Rs 7.5 lakh per annum.
"We do not have numbers like IIT Bombay or
Delhi but we do understand one thing that
companies that have come here before, always
choose to come back. Which means they like
our students and see talent and capability in
them," said a senior faculty member.
IIT Kharagpur
Speaking to Gyancentral, a placement
committee member said, "Facebook, Google
and Deutsche Bank, Credit Suisse and IBM-IRL
have offered jobs for a number of students on
the very first day. Microsoft has offered eight
positions at Microsoft Research, Redmond,
Washington. This is amazing start to our
placement season as usually it's only one or
two students that they offer jobs to from every
IIT."
"The best thing about this whole process is
that all these students aren't department
pointers with 9 pointers but are 6-7 pointers."
At IIT Kharagpur, placements started at a very
high point this year considering that over 170+
pre-placement offers came along from more
than 50 companies.
"If this trend continues, then we will easily
have the record of the highest number of
placements in any IIT till date," says the
student from the placement committee.
Around 252 companies are expected to
participate this year out of which some first
timers like Credit Suisse (ENO Prime Services),
Nestle and Morgan Stanley are also