Campus placements: IIT Bombay targets 100 companies in phase-II

More firms, better pay packets expected this year.

The second phase of campus placements at IIT Bombay is targeting 100 companies. The first phase that ended on December 18 saw over 65% of the batch getting placements and the second phase began on Monday.

This year, more firms and better pay packets are expected as compared to last year. Around 1,300 students are part of the campus placements this year.

"Over 900 students got placements in the first phase. We are now targeting 100 firms and expecting core engineering profiles from top companies to be offered to students, among other profiles. The numbers have been encouraging this year. Overall, more students were placed this year (at the end of phase-I) as compared to the previous year," said Avijit Chatterjee, professor-in-charge of placements, IIT Bombay.

In the phase-II, a core engineering profile was offered by French company Michelin, one of the largest tyre-manufacturing companies in the world, visiting IIT Bombay for the first time.

Other companies expected to offer core profiles in engineering in this phase include NEC, Japan and Konica Minolta, Japan. Diverse profiles are being expected from companies like IBM and Procter & Gamble Innovation Centre.

Although the average salary offered will be calculated after the entire process is over, it is expected to be (5-10%) higher than last year.

Phase-I saw around 230 companies including a host of new recruiters, like LinkedIn, Twitter and Blackstone. Several companies, including Samsung, Microsoft, Google, Facebook and Sony, offered international roles. Some other firms that hired in Phase-I were McKinsey, Boston Consulting Group, Deutsche Bank and Booz & Company.

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