IIT-Bombay: Fewer job opportunities in second phase of placements

The second phase of placements at the Indian Institute of Technology Bombay (IIT-B) is underway, but seems to be going at a slow pace. A total of 11 companies have visited the campus since the last three weeks, out of which nine have offered jobs to 33 students, while two others have not made a single job offer. Like every year, the second round of placements will go on till July .

These companies are offering jobs in a variety of fields, including software, digital solutions and technology services, automotive industry, financial consultancy as well as public sector undertakings (PSUs). Companies like Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) have offered five jobs each in the second phase as of now and students are hoping to see more PSUs show up on campus with job offers. “PSUs are also offering very good packages to students so many are keen on joining,” said a student on condition of anonymity.

Last year, PSUs had made a re-entry to IIT placements, after the Madras high court ordered a stay on PSUs hiring from private institutes. While they were missing from the first phase of placements in December 2015, the second phase saw three companies offering over 20 jobs to students and offering base salaries of Rs10 lakh to Rs12 lakh per annum.

Placements in the second phase at IITs across the country are conducted at a slow pace, said a senior professor from IIT-B. Last year, the second phase that started in February went all the way to July 20, 2016 where over 80 companies had found their way to the campus and offered 128 jobs. Students from the placement committee at IIT-B are hoping to see over 50 other companies visit the campus again this year in the second phase to offer jobs to students.

More than 1,500 students had registered for placements in 2016-17 at IIT-B out of which 1,013 were offered jobs in the first phase (plus pre-placement offers). The rest are hopeful of bagging job offers in this second phase.