Good show: IIT-Delhi placements rise by 15% Dec 23, 2017 16:23 IST
The Indian Institute of Technology, Delhi (IITD) on Friday, registered an almost 15% rise in hiring across all streams during this year’s phase I placement in comparison to last year.
The postgraduate class also saw an increase of over 20% in overall placements as compared to last year.
The placement season for the batch graduating in 2018 started in August this year. The campus interview processes are conducted in two phases with the phase I starting on December 1 and phase II starting in January 2018 and ending in May 2018.
Nearly 230 companies visited the campus in the first phase, recruiting for over 370 different job profiles. Over 100 companies are likely to visit the campus in the next phase, the university said in a statement.
Around 70% students were placed in core jobs, the statement said.
“The institute has received around 950 offers (including pre-placement offers), leading to about 780 unique selections (including accepted PPOs) up to the end of Phase-I,” the institute said.
Over 35 students have bagged international offers spanning profiles from Singapore, Amsterdam, Hong Kong, Japan, South Korea and USA. However, many students preferred domestic offers over these offers.
The institute said it has decided to not mention the high-value packages as it was felt that undue publicity to packages have the effect of devaluing national placements over international placements as well as core jobs over finance and consulting jobs.
Anishya Madan, placement officer at the training and placement cell of the institute, said, “There was a dip in placement last year as compared to the year before. But this year the placement has seen a rise compared to 2016-17.”