IIT-B students witnessed good placement season in the first round
There is no gloomy day for Indian Institute of Technology-Bombay (IIT-B) students. Economy in west facing the recession but placement session in IITs are unaffected by it. In the first phase of placement around 60% students from the institute have been already placed with good firms. This year the first round of placement season began on 1st of December, 2011.
This year IITs have managed to attract large number of companies from foreign countries. The number of global companies participated in the campus placement, which does not have any presence in the Indian market have almost doubled this year. The institute is keen to attract companies which have larger presence in the international market in the second phase, which will begin in January.
As per placement co-ordinator, Ravi Sinha, the institute has approached a Hong Kong-based company which has 60% of global market presence. He said we hope that they can have relation with us in second phase. They have more than 45,000 people associated with them across the world. He said we are looking at their research and development unit for further collaborations.
There are some companies from Far East from Taiwan, Japan and Singapore have participated in the placement session. He also mentioned that they are encouraging more international companies to participate in the placement session.
Till now the institute has managed to placed almost 800 students out of 14,00 students from the institute from B.Tech, M.Tech and dual degree along with the masters and Ph.D programmes. In the first phase almost 78% of the students from the dual degree programmes have been placed followed by 65% from the B.Tech programmes.