As the calendar year winds down and the campus recruitment season winds up, pre-placement buzz is gradually gathering steam at institutes across the city. Three years since the recession, and the economic slowdown notwithstanding, institutes say they are looking forward optimistically to the upcoming recruitment season.
At the Indian Institute of Technology-Bombay (IIT-B), where recruitment begins December 1, more than 100 companies have already made presentations and interacted with students.
Around 250 companies are expected to come in and recruit students once placements begin. “So far we are hopeful and are likely to maintain the kind of season we had last year,” said Ravi Sinha, professor in charge of placements at IIT-B.
He added that new additions to the process would become clearer closer to the end of the month.
At the National Institute of Industrial Engineernig (NITIE), the first round of placements will begin for students with previous work experience next month, with the next round for freshers in Janurary.
“The response from companies has been good,” said Ashok Pundir, dean of student affairs and placement at NITIE. “Salaries will probably be better than last year, companies usually give a hike.”
At NITIE, around 35 students have already received pre-placement offers based on summer internships, from companies such as Cadbury’s and Procter and Gamble, suggesting a promising final placement season.
Similarly, last month at Jamnalal Bajaj Institute of Management Studies, the 2013 batch recorded 100% summer placements with the highest offer hitting Rs 2 lakh for the two-month period.
“It’s looking good and the regular recruiters will be coming,” said Prachi Shah, 24, member of the JBIMS placement committee.
“We’re sure it will be as good as last year. We’re expecting salary revisions from a few big companies.”
However details on the kind of jobs and companies that will be coming this year are as yet unclear as most institutes are still firming up the recruitment process.
Institutes are also banking on the usual recruiters. “We are keeping our fingers crossed, we should be able to sail through,” said an official from the Narsee Monjee Institute of Management Studies. “Even in 2008-09, we went through though there was a slight drop in salaries but they were good profiles.”