Uber, Mastercard and P&G are new entrants to IIT-B placements
While the list of companies for the first two days of the placements, when most of the coveted offers are made, is similar to the last year’s there are some notable additionsmumbai Updated: Nov 30, 2016 00:44 IST
The first phase of placements at Indian Institute of Technology-Bombay (IIT-B) will be headlined by financial services firm Visa and IT giants Microsoft and Google, which are all scheduled to conduct interviews and make offers on Thursday - the first day of the placements.
While the list of companies for the first two days of the placements, when most of the coveted offers are made, is similar to the last year’s there are some notable additions such as app-based aggregator Uber, fast moving consumer goods (FMCG) company Procter and Gamble, both of which are slated for day 1, and financial services firm Mastercard.
Public sector companies Oil and Natural Gas Corporation (ONGC), which will vist the premier institute for the first time, and Indian Space Research Organisation (ISRO) will also hire students on the first and second day, respectively.
Online retail company Flipkart, which had made seven offers on the second day of placements last year, is absent from the list of companies scheduled for placements on first two days this year.
Last year, Visa had offered the highest base salary of $115,000, while Google, Microsoft and Oracle, reportedly, offered around $100,000 as base salaries to a few students who were selected for US profiles. According to placement coordinators, 2-3 companies may offer US profiles this year, although they refused to divulge their names.
“Usually, the Japansee companies offer the highest number of foreign profiles,” said a placement coordinator.