IIT Madras is the only educational institute in India having all top three global consulting majors on campus
Out of all educational institutes, the Indian Institute of Technology Madras boasts of having all the top global consulting players such as McKinsey, The Boston Consulting Group and Bain & Co., recruiting on campus, accounting for 13 offers in session 1.1, quoting IIT Madras, an NDTV report said.
According to the report, a total of 85 offers were made by 19 companies during the First Session (1.1) of phase I placements of the Indian Institute of Technology (IIT) Madras on day one (December 1, 2018). This includes six international offers as well. The big recruiters of the first session include Microsoft, Google and Apple. This year also saw the participation of big players in the consulting sector, noted the report.
What is more, the other big recruiters who visited IIT Madras for headhunting includes, the Indian Space Research Organisation (ISRO) and Oil and Natural Gas Corporation (ONGC), who had already hired four and three candidates respectively, thereby taking the total offers at the end of 1.1 sessions (2.00 PM) to 92, said the report.
If in the day 1 of the phase I of Placements at IIT Madras had seen the participation of 19 firms covering 32 job profiles, including McKinsey, Microsoft, Google, Uber, Rubrik, Boston Consulting Group, Texas Instruments, Goldman Sachs, ITC Ltd, Auctus Advisors and Qualcomm, the first time recruiters in 1.1 session included Bain and Company and Nutanix Technologies. Microsoft gave the highest number of offers – 25 for three profiles. The other recruiters with large selections were Goldman Sachs (7) and Apple (8). In the second slot of Placements that was held between 4.00 PM and 11.00 PM, 23 firms with 48 profiles are scheduled to participate. These companies include Airbus, Shell, JP Morgan, Star India, Intel, Qualcomm and General Electric; the report pointed out.
Reacting to the positive developments, Prof. Manu Santhanam, Advisor, Training and Placement, IIT Madras said, “We had premier companies in the first slot, which made a good number of offers to our candidates. The number of finance/analytics offers has been excellent in the first slot, with 29 offers being made by such firms. With the high profile recruiters in the next slot, we hope to improve on our Day 1 numbers as compared to the last year.”
According to the statement issued by IIT Madras, more than 1,300 students had registered for placement this year from IIT Madras, across different streams of study. Besides that, there are more than 490 profiles from nearly 326 firms that are contemplating visiting the IIT-Madras campus in Guindy during the first phase of placements that lasts until December 8, 2018.