All posts tagged: Placements

IITs bring in phone a friend to help students during placements

IITs bring in phone a friend to help students during placements

Published by Parlour News

This time, these elite colleges are engaging students who found work through campus placements as well as their alumni networks to support their less fortunate brethren. “Imagine having someone to turn to who understands the pressure and can offer insightful guidance, strategies for navigating interviews, and a listening ear when stress mounts,” stated an email from the student council of IIT Delhi in December. “The journey to placements can be both thrilling and challenging. To support you through this period, we are launching the Call a Friend programme, a peer-to-peer initiative that connects final-year students appearing for placements with those who have already secured positions.” IITs are keen to ensure that the batch of 2025 does not suffer the fate of many of their immediate seniors who could not find jobs even after the end of their studies. That was in stark contrast to 2022 and 2023, when a global race for digitalization sparked a scramble for top engineering talent. However, this year’s recruitments come under the shadow of a slump in the global economy, …

AI, algo trading companies set to steal the show at IIT placements

AI, algo trading companies set to steal the show at IIT placements

Published by Parlour News

With the AI excitement sweeping over the technology landscape, interest in conventional roles such as product manager and regular engineers appears to have ebbed. According to placement executives at the IITs, some of the top demands are for experts in cognitive science, data scientists, quantitative strategists and developers, and AI-focused developers, researchers and application engineers. The race for AI talent stands out in a curious job description from Palo Alto-based Turing: The candidate must be able to frame a multiple-choice question paper that Google and ChatGPT can’t solve. The successful candidate could join with the option to work from home, a student who saw the job description said. “We are excited about the talent from IITs,” said an executive from US-based Abacus AI, which is looking to hire during the IIT placements. “We think these engineers can completely take AI to the next level and create AI agents and engineers that, in turn, can create applied AI systems,” the official said. The Abacus executive did not address the planned compensation, but students in two of …

’3.95 lakh per month’: IIM Lucknow concludes summer placements for 2024-26 batch with 576 offers

’3.95 lakh per month’: IIM Lucknow concludes summer placements for 2024-26 batch with 576 offers

Published by Parlour News

The Indian Institute of Management in Lucknow secured 576 offers for its post-graduate students as the summer placement process concluded this week. The average stipend offered was ₹1.43 lakh per month with a median monthly salary of ₹1,50,000. According to reports, the highest domestic monthly salary was ₹3.95 lakhs per month, while international offers topped ₹1.75 lakh per month. IIM Lucknow had offered a hybrid placement model with both online and offline options to ensure flexibility and convenience. The summer placement process offers pertained to its 40th batch of Post Graduate Programme (PGP) students and the 21st batch of Post Graduate Programme in Agribusiness Management (PGP-ABM) students. The batch included 234 freshers and 342 students with substantial prior work experience across various sectors. Median pay for IIM graduates has stagnated in recent years — even dipping for the batch of 2024. The downturn came even as these educational institutions increased fees for upcoming batches in light of rising costs and changes needed in infrastructure. According to a Mint report in mid-August, the median salary at …

IIT placements hit, students’ expectations a concern: IIT-Mandi director | India News

Published by Parlour News

HIRING ACROSS most Indian Institutes of Technology (IITs) took a hit this year due to global market uncertainties and “disruptions” from Artificial Intelligence, IIT-Mandi director Laxmidhar Behera told The Indian Express in an interview, noting a drop in placement rates at his institute from 97% to 83%. Besides the tough hiring climate, Behera said students’ expectations of “very high packages” was another growing concern. He said many students turned down job offers from Public Sector Units (PSUs) during placements, leading to what he described as a “bad experience” for these recruiters. Behera’s statement is significant, given that IITs are usually reluctant to acknowledge any negative impact on campus hiring, and detailed placement data is often held as a closely guarded secret. “All IITs have suffered. There are uncertainties in the global market, and there are multiple reasons for this. AI is a big disruptor, taking away many jobs, and even major corporations have retrenched people. But we are trying our best. In spite of the negative repercussions, we still achieved 83% placement this year, compared …

Bengaluru colleges see good placements with recruitment, salary packages going up

Published by Parlour News

Engineering colleges have observed a rise in demand for students in core branches like civil, electrical, and mechanical engineering. | Photo Credit: file photo After experiencing significant volatility in the job market over the past few years, colleges in Bengaluru are now reporting their best placement season since the pandemic. With attractive salary packages and increased recruitment numbers, placement officers are seeing a positive shift. Professional courses such as engineering and management, which saw a slight dip in placements due to the global economic slowdown, are now seeing a resurgence. This year, the job market outlook seems to have improved. Highest package “In the past two years, the European and U.S. markets were sluggish, impacting placements. However, this year, we’ve already completed 65% of our placements within a few weeks. The highest package so far is ₹57 lakh per annum,” said Ashwath, Principal of Bangalore Institute of Technology. Engineering colleges have observed a rise in demand for core branches like civil, electrical, and mechanical engineering. “While IT placements have always led the way, this year …

Latest News, Live Updates Today May 7, 2024: 51 students of JC Bose varsity’s community college secure placements at global manufacturing firm

Published by Parlour News

Latest news on May 7, 2024: Legal expert Neama Rahmani warns that former President Donald Trump could face jail time if he violates another gag order, potentially inciting mass protests and “civil unrest.” (AP Photo/Mike Roemer, File) Get the latest news updates and breaking news stories from India and around the world right here. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More Source link

Modest placements at engineering, business schools spark repayment concerns

Published by Webster

MUMBAI : It has been a tepid student placements season so far at India’s engineering colleges, and a similar lull is expected in business schools, particularly in the small cities. But for some, there’s a bigger worry: without a job straight out of college, or jobs at lower salaries than expected, students who’ve borrowed lakhs of rupees to fund their expensive education might struggle to repay. While banks and non-banks—the ones who should be concerned—do not seem perturbed, faculty members Mint spoke with fear that the number of students defaulting on their loans could rise on the back of an estimated drop in median salaries. “The fees (at the Indian Institutes of Management) can range from ₹25 lakh to a little over ₹30 lakh. If the hiring sentiment remains muted then the number of students defaulting on their loans will increase, and this will specially be a concern for students from the newer IIMs and the second-rung colleges,” said a faculty member at IIM-Calcutta, asking not to be identified. Campus placements at both engineering and …

Allu Arjun turns down these brand placements for Pushpa The Rule: Report

Published by Webster

Allu Arjun might play the brutish Pushpa Raj in Pushpa: The Rise and Pushpa: The Rule, but there are certain lines he’s unwilling to cross. The actor has always shied away from endorsing tobacco, pan and liquor brands and a report by Gulte states that he has turned down a similar brand placement deal for his upcoming film. (Also Read: Allu Arjun reviews Animal, lauds ‘Ranbir Kapoor Ji’ for elevating performances in Indian cinema) This is not the first time Allu Arjun has said no to such brand deals(Instagram) No to vice The report in Gulte states that a popular liquor and pan brand approached the makers of Pushpa, offering them a fat sum for a brand placement. Whenever the hero drinks, smokes or chews on-screen, the brand wants their logo to be visible in the frame. What’s more, they even offered a sum of ₹10 crore for the same, state reports. However, Allu turned down the offer as he wasn’t comfortable with promoting such brands. He is said to have said no because he …

Roorkee, Guwahati IITs report bumper Day 1 placements

Published by Webster

The first day of the annual ritual of clamouring for engineers graduating from the Indian Institutes of Technology is already showing encouraging signs, even based on announcements from just two of these premier institutes as of Friday evening. IIT-Roorkee said that in less than half a day its graduating class had received three international and 358 domestic offers.  Among the highlight recruiters, the institute said in a statement, were Google, Microsoft, Intel, Flipkart, D. E. Shaw India, Hindustan Petroleum Corp. Ltd, Jaguar Land Rover, and Whirlpool.  IIT-Roorkee did not disclose the salaries offered, only stating that “as compared to last year, we have received the highest international salary”. Students at IIT-Guwahati received 164 offers from 59 companies by evening, including for core engineering, software and business analyst job profiles, as against 160 offers by 46 companies for the same period during last year’s placements.  Its students had already received 214 pre-placement offers , many in core engineering and finance profiles. Top recruiters in the first two sessions at IIT-Guwahati included Google, Microsoft, HPCL, Qualcomm, Texas …

IIT Bombay, Roorkee, Guwahati report modest Day 1 placements

Published by Webster

The first day of the annual ritual of clamouring for engineers graduating from the Indian Institutes of Technology is already showing encouraging signs, even based on announcements from just two of these premier institutes as of Friday evening. IIT-Roorkee said that in less than half a day its graduating class had received three international and 358 domestic offers.  Among the highlight recruiters, the institute said in a statement, were Google, Microsoft, Intel, Flipkart, D. E. Shaw India, Hindustan Petroleum Corp. Ltd, Jaguar Land Rover, and Whirlpool.  IIT-Roorkee did not disclose the salaries offered, only stating that “as compared to last year, we have received the highest international salary”. Students at IIT-Guwahati received 164 offers from 59 companies by evening, including for core engineering, software and business analyst job profiles, as against 160 offers by 46 companies for the same period during last year’s placements.  Its students had already received 214 pre-placement offers , many in core engineering and finance profiles. Top recruiters in the first two sessions at IIT-Guwahati included Google, Microsoft, HPCL, Qualcomm, Texas …