IIT students worried as job offers decline by 30% this year: Report IIT- Bombay alumnus and founder of Global IIT Alumni Support Group Dheeraj Singh said that 35.8% of students remained without placement in the current placement season. Last year, of the 2,209 registered students in the institute, 1,485 were placed while 32.8% remained unplaced last session as well. Dheeraj Singh attributed the "global economic meltdown" behind the slow placement drive.
The institute is struggling “to invite companies to the campus," he said. ₹1-crore annual package for students: IIT Bombay campus placements see massive success; check list of recruiters A large chunk of companies that arrived to provide employment were from the domestic market. Besides, students from the computer science and engineering branch, who are usually placed easily, did not see 100% placement among those registered, Singh told HT.
The professor highlighted an error created by the placement cell this year in the engineering institute. According to him, when only 22 IIT-Bombay students received more than 1 crore in Phase-I of placements held in December, the institute announced that 85 candidates were offered over ₹1 crore. IIT Bombay’s 1998 batch donates ₹57 cr to alma mater as part of silver jubilee reunion "The institute is focused on big packages to maintain the high mark of average salary packages.
However, it is not focusing on the salary bagged by an average student," the alumu said. The professor urged them to create a support system for unplaced students who are going through high levels of stress and anxiety. "The institute hardly has placement support for approximately 700-750 students left unplaced in phase two," the professor alleged.Milestone Alert!