IIT Madras sees a Historic High in Job Offers in Phase I of Campus Placements
CHENNAI : Indian Institute of Technology Madras has recorded a historic high in job offers received during Phase I of Campus Placements for the Academic Year 2021-22.
As many as 73 per cent of students who opted for Campus Placements during 2021-22 have received job offers at the End of Phase I. Phase II of Placements will begin in the second half of January 2022.
As many as 1,085 offers were made by a total of 226 companies during Phase I of Campus Placements, which concluded on 10th December 2021. This includes 45 international offers from 14 companies, which is also a new record high. Further, 62 startup companies made 186 offers during this Phase I process.
Combined with the 231 Pre-Placement Offers (PPOs), which arise from Internships and are made before Phase I, the total number of job offers stands at 1,316 at the end of Phase I. A total of 1,500 students registered for Phase I Placements of 2021-22.
Speaking about Phase I of Campus Placements, Prof. C. S. Shankar Ram, Advisor (Placement), IIT Madras, said, “The quality of academic training and the overall development of students during their program at IIT Madras are reflected in this year’s exceptional Phase I Placements. The Institute Placement team thanks companies who have made offers to our students and looks forward to working with more companies in Phase II.”
A total of 45 international offers were made in this Phase I, out of which 11 offers came from Rakuten Mobile, Inc. Other international offers came from Glean, Micron Technologies, Honda R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox Research, MediaTek, Money Forward, Rubrik, Termgrid and Uber.
The top recruiters (in terms of number of job offers) during 2021-22 include:
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The sector-wise breakup of job offers is as follows:
Sectors | % of Placement |
Data Science and Analytics | 19 |
Core Engineering and Technology | 42 |
Financial Services | 7 |
Information Technology and Software Development | 18 |
Management | 6 |
Research and Development | 8 |