Bhubaneswar: Despite the gloomy scenario in the job markets and recession hitting the global economy, the Indian Institute of Technology (IIT), Bhubaneswar has received around 200 offers in first 10 days.
The placement process at the IIT started from December 1 with an initial slow pace, but gained momentum with many companies lined up to hire from the campus. In the first 10 days of the placements, the Institute saw many software, IT, consulting and analytics companies participating and hiring in good numbers.
The Institute, as earlier, is also focusing on inviting companies from diverse sectors to provide the students an opportunity to select as per their professional interests. This year, organisations like BPCL, HPCL, Reliance Industries Limited, Oracle Corporation, Microsoft, Google, Accenture Japan, Salesforce, Jaguar Land Rover, Zomato, Analog Devices, Tata Capital, Tata Steel, Mathworks, Tiger Analytics, GE Healthcare, Jindal Stainless Limited are participating in the placements drive.
So far, the IIT has received the highest offer of Rs 64 lakh per annum. Besides offers in the domestic market, it has so far bagged 4 international offers. Students of Computer Science Department have got maximum offers.
Informing about the favourable trends in the placements, Prof Arun Kumar Pradhan, HOD-Career Development Cell of IIT Bhubaneswar said, “Even though the global business scenario and the economy are dwindling due to economic slowdown and recession affecting the placements across the country, placements in our institute are quite encouraging and gaining momentum. Our students are getting offers in diverse sectors. I am glad to note that many companies including the core industries and PSUs are also hiring students from IIT Bhubaneswar.”
It may be mentioned that the placement season in IIT Bhubaneswar will continue till July, 2024 to cover maximum students with placements and job opportunities.