IIT Madras placements: Good news for PG and research scholars

IIT Madras placements: With companies turning to technology and innovation to stay relevant in the competition, they are preferring more qualified hands to work for them to equip them for future battles. This trend can be seen in the latest placement session that concluded at Indian Institute of Technology, Madras (IIT-M) for academic year 2017-18. The latest placement session has witnessed an increase in number of selection of postgraduate students and research scholars during this year compared to previous years.
 
According to reports, around 36 per cent of PhD research scholars were placed in various companies, an increase from previous years-2016-17 (23 per cent) and 2015-16(17 per cent), while 71 per cent of total postgraduate students, who registered for the placement session, got job opportunity this year, an increase from previous years 2015-16 (59 per cent) and 2016-17(63).
 
Training and Placement Advisor at the premium technology institute Prof Manu Santhanam, told PTI, "This year saw a large number of post-graduate students getting placed (including MS and PhD research scholars)."
 
A total of 832 students in all courses (undergraduate, postgraduate and Ph.D) were reportedly placed, accounting for about 70 per cent of the total number of students who registered for placements, said the institute in a statement, adding that in academic year 2016-17, 817 students were placed (66 per cent of all registered).
 
Further, the statement said that there were a total of 968 offers from 256 companies, which included 19 international offers, adding that leading recruitment were by "core engineering and research and development" companies.
 
"The sector-wise analysis indicates that nearly 45 per cent of the placements were in core engineering and R&D companies, while 28 per cent were in analytics/consulting/finance, and 22 per cent in IT," the statement added.

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Notably, several top technology firms including Microsoft, Qualcomm, Citi and Intel reportedly extended job offers during the placement season.