New Delhi: Employment data might point to a lack of jobs in the country but there seems to be no dearth of jobs for students at the Indian Institute of Technology (IIT) in Delhi.
IIT-Delhi Wednesday said it has breached a 10-year placement benchmark this hiring season. In a statement, the institute said the number of placement offers has already crossed 1,000, which is much higher than the 829 job offers that were made to students by the completion of placements last year.
“With over a 1,000 offers logged in, the campus has witnessed hiring numbers this year that have crossed previous 10-year benchmarks,” the statement said.
Placement officers at the institute said the number of companies visiting the campus also saw a 15 per cent rise as compared to the same period last year. They expect more firms to visit the campus before the placement season ends in May.
The campus interview processes are conducted in two phases — Phase I that begins on 1 December and Phase II, which commenced in January and will go on till the end of May.
Officials at the institute attributed the high numbers to industry engagement that IIT-Delhi has been doing consistently. They also agreed that IIT-Delhi being named as an Institute of Eminence by the Modi government played a role.
“The efforts of the entire placement team of staff, student coordinators and volunteers coupled with the positive reaction from industry this year has translated into these robust hiring numbers,” Anishya Madan, Industry Liaison Officer, IIT-Delhi said.
Officials said that 43 students received international job offers this year from the European region, Japan, Singapore, South Korea, Taiwan, the US and others. Of these, 33 chose to take up the job offers while the rest declined to pursue careers in India.
There has been an increase this year in the organisations registering to hire students for core engineering profiles — electrical engineering, civil engineering, mechanical engineering and chemical engineering.
According to data provided by the institute, the maximum job offers (32 per cent) have been in the core technical sector followed by 20 per cent job offers in the information and technology sector. The placement officers pegged artificial intelligence, data science, machine learning, stochastic modelling and predictive analysis as upcoming sectors.
Highlighting the trend, professor S. Dharmaraja, head, training and placement, said, “As we expected, offers from core companies increased. Core companies including those registering under the domain of Information Technology and others yielded over 60 per cent of the offers.”
A few students also opted for the deferred placement option, available to students interested in pursuing their own start-ups.