2016 - 2017 - Placements, IIT Bombayplacements.iitb.ac.in/...Placement_and_Internship_Report_2016-17.pdf · a rush among top-level as well as mid-level companies to recruit the brightest

Placement and Internship Report2016 - 2017

Indian Institute of Technology, Bombay

July 2017

Placement Office

Placement and Internship Report 2016 - 2017

Placement Office, I IT Bombay | 1 of 15

Index

Sr. No. Particulars Page No.

1 Introduction 22 3Student Preparation Activities

3 Sectors 44 6Program-wise Statistics

6 Category-wise Offers 88Average Compensation, International Offers & PPOs7

Year-wise Placement Comparison 98

10Sector vs. Department Offers9

Internships 2016 - ‘17 1210

12Department-wise Internship Selections 11

Summer vs. Winter Internship Offers 1312

13Companies vs. Universities Internship Offers13

Country-wise Offers 1414

15Conclusion

5 Sector-wise Selections 7

15



1. Introduction

The Placement season for Academic year 2016 – ‘17 began with campus interviews conducted in two phases. Preparations for the Placement season and associated activities for these Interview phases started in July 2016. The first phase of IIT Bombay’s campus placement in December 2016 witnessed participation of more than 255 companies and second phase saw more than 50 companies resulting in 1114 total job offers including the Pre-Placement offers. Students from Bachelor of Technology (B.Tech.), Master of Science (M.Sc.), Dual Degree (D.D.), Master of Technol-ogy (M.Tech.), Master of Design (M.Des.), Master of Philosophy (M.Phil.) and Doctor of Philosophy (Ph. D.) programs in various fields of engineer-ing, science and technology, design and humanities participated in the placement process. There were a total of 1718 students registered for campus placements in 2016 - ‘17 which includes PhD and M.Des students.

Student registration for campus placements opened in August 2016 with the customary introduction to the placement process by the Profes-sor-in-charge and Student placement team. Companies were invited from July 2016 onwards to fill up online “Job Announcement Forms” which opened to students registered for placements in early October. Pre-place-ment talks by some companies provided an avenue for interaction and familiarization of students with recruiting organizations and their work profile as a run up to formal placements. Companies were increasingly being asked to make only electronic presentations rather than on campus talks, especially if they have visited IIT Bombay over the past few years. The company interview process for the first phase began on December 1, 2016. A break was introduced on December 4 because students had CAT exam scheduled on that day. A small number of eligible students did not actively participate in the placement process due to their other career choices.

The first day of formal placements, i.e. 1st December, 2016 witnessed the participation of 33 Companies, representing some of the most coveted jobs in global industry vie for our students. An unprecedented 158 jobs were offered on that day reconfirming the commitment of top recruiters to IIT Bombay graduates. 2016 - ‘17 also had the formal placement process for Industrial Design Cell (IDC) conducted interviews separately in the month of May, 2017 to better synchronize with the academic calendar for final year students at IDC.

While the placement season has seen recruiters from the entire spectrum of the industry, the initial part of the season was dominated by a variety of firms from sectors like engineering and manufacturing, computer soft-ware and hardware, data analytics, management consulting, finance/ bank-ing and FMCG. Most of these firms are world leaders in their respective



2. Student Preparation Activities

As in previous years, a key focus of the placement office was to also prepare students for their placement and internships. IITB students are expected to excel in not just technical knowledge but also in leadership, teamwork and other attributes. A large number of preparatory activities were conducted this year for the graduating students, including refresher lectures on various technical subjects. In addition, preparatory programs to enhance communications skills, interview skills and group dynamics were also organized. Several talks by alumni working in diverse sectors were also organized for the benefit of the students on different job requirements. To enhance the placement preparation of the students, this year the placement office organized 1330 preparatory events as compared to the 700 events organized in the previous year. Placement activity can be stressful for participating students. Senior and experi-enced alumni from the corporate sector were available at the placement office during December 2016 to counsel and provide their valuable advice to the students in need. They also share their experience which is very helpful for the students while preparing for the interviews.

Students’ preparation starts from 1st August until September end. Post this the company tests start. Throughout the year activities like buddy programmes, interaction with the alumni, corporate talks, demo GD ses-sions, mock interviews, resume workshops, alumni feedback sessions and besides these activities at Institute level aptitude tests online as well as offline, coding boot camps workshops and online coding contests help the students enhance their skills.

domains. We also had some of the major start-ups as recruiters but the budding start-ups were avoided this year owing to the fact that offers from the previous year start-ups were delayed / revoked. But still, the infor-mal work culture, opportunity to make immediate and visible contribu-tions, chance to own equity etc. seem to attract IITB students to start-ups.



Engineering and Technology

Engineering and Technology Students of IITB continued to demonstrate a strong commitment to their core educational background in the choice of employment. Majority of students opted for science, engineering and technology oriented jobs, with the recruiting companies operating in vari-ous sectors of the economy. Placement season 2016 - 2017 also witnessed the presence of many core engineering organisations espe-cially the Public Sector Unit (PSUs). 88 companies form this sector offered 345 jobs to IITB students.

Data Analytics

The well-deserved reputation of superior analytical and reasoning skills of IITB graduates continued to draw recruiters from the rapidly growing field of data analytics. There were 113 job offers from 44 organisations making it one of the biggest recruiters after engineering and information technology. This trend seen in the last few years seems to have taken strong roots at IITB.

Financial Services

Continuing the trend of last few years, the finance sector was a major recruiter this year too. With many of the top global companies of this sector visiting IITB for campus placements, the Fin-Tech sector noticed a rush among top-level as well as mid-level companies to recruit the brightest and the best from the campus. A variety of profiles were opened up in the sector as these companies have begun to appreciate the analytical and quantitative analysis capability of the IITB students. 25 companies form this sector offered 130 jobs to IITB students. The rapid ongoing digitization of financial services sector in India also resulted in a strong presence of Indian financial firms in a sector traditionally domi-nated by multinationals at IITB.

3. Sectors

IT/ Software

IITB students known for programming skills have continued to attract recruiters through campus placement over the past several years. Chal-lenging global scenario and the increasing competition amongst the IT Companies did not impact the job opportunities in this sector which result-ed in 184 job offers by 64 companies.

Consulting

Over 24 leading consulting firms, including several global leaders, visited IITB for campus placement this year. These organizations work with large corporations across the world and help them resolve complex business problems. Management consulting companies carry a reputation of being very selective in their choice of campuses and of having extremely high standards in their recruitment process. Total 89 offers were made in the consulting sector including management consulting.



Research and Development

With the economy increasingly striving for high-end products and services, a large number of companies now strive to develop products in the fore-front of technology. IITB observed an increase in organizations hiring fresh graduates in the R&D sector. This sector had been steadily growing for the past few years and this year IITB saw some premier job offers in this sector. A total of 32 R&D organizations offered 118 positions this year.

Education

IITB has continued to provide faculty to several educational institutions through campus placement over the past several years. This trend was stronger this year. 11 organisations selected 47 students, including sever-al with doctoral degree, who have been offered jobs with public and private educational institutions through campus placement.



4. Program-wise Statistics

Over the years there has been a gradual increase in the registered students count. The numbers below narrate the participation according to the programs with their respective selections.

Table 1. Program-wise placement data 2016 - 2017

Program Registered Placed Percentage

B. Tech. 394 84.37Dual Degree (B. Tech. + M. Tech.) 189 82.17

M. Tech. (2 Yr.) 396 80.325 yr. M. Sc. 10 66.67

67 67.6825 40.98

Total 1718 1114

2 yr. M. Sc. M. Des.

544247

54216

14762

73.39

Participated

467230

49315

9961

33 21.57Other Programmes * 160 153

1518

* Includes M.Phil, MTech + Ph. D, M.Sc. + Ph. D, M. Sc. + M. Tech., Ph. D. , M.S by Research.

Note: Participated count excludes de-registered students who opt for higher studies & have other career options and hence de-register them-selves from the placement process.

Figure 1. Program-wise placement percentages

0 20 40 60 80 100

B. Tech.

Dual Degree

M. Tech.

5 yr. M. Sc.

Overall

2 yr. M. Sc.

M. Des.

Other Programmes

84.37

82.17

80.32

66.67

73.39

67.68

40.98

21.57

Percentage of placements

Acad

emic

Pro

gram

me



Table 2. Placement details by type of organization

Sr. No. Sector Number of Organizations Number of Offers

1 Engineering and Technology 88 3452 64 184IT/ Software

3 Finance 25 1304 44 113Analytics

5 Consulting 24 896 32 118Research and Development7

Public Sector Undertaking 6 27

8 6 18FMCG9

Education 11 47

10

Total 316 1114

16 43Others

Note : All registered students do not necessarily participate actively in campus placements. Some may have alternate plans like higher education, research scholar etc. but still they register for campus placements. It is also important to note that students are also get placed through channels other than campus placements.

· In addition to the above mentioned numbers 1 M. Phil. and 26 Ph. D. students were also placed in the campus placement process.

· For M.Sc., M.Sc. +M.Tech and Ph.D students, higher studies and post-doc-toral work can be a priority.

5. Sector-wise Selections

Sectors like Core Engineering & Technology, Research & Development, Analytics and IT/Software saw good selections this year which were inclined to the industry trends.



Table 3. Placement details as per salary offered

Range of Gross Salary (in lakh rupees per annum) Number of Profiles Number of Offers

C1 ≥ 13 69 25042 15311 ≤ C2 < 13

9.25 ≤ C3 < 11 45 16666 2027.5 ≤ C4 < 9.25

6 ≤ C5 < 7.5 63 20627 945 ≤ C6 < 6

C7 < 5 16 43

Total 328 1114

6. Category-wise Offers

The job profiles offered by recruiting organisations are divided into vari-ous categories based on the gross compensation packages as listed below. Factors other than compensation package like job profile, past association of recruiting organisation etc. may sometimes be consid-ered to alter the category.

7. Average Compensation, International Offers & PPOs

Average Gross Salary ( in LPA* ) 11.41

Average CTC ( in LPA* ) 13.38 67Total Number of International Offers

Total Number of Pre-Placement Offers 59

* LPA = Lakhs Per Annum



Table 4. Comparison of students placed in 2013 - ‘14 vs 2014 - ’15 vs 2015 - ‘16 vs 2016 - ’17

Program 2013 - ‘14

B. Tech. 396 394216 189Dual Degree (B. Tech. + M. Tech.)

M. Tech. 402 396

1014 979Total

8. Year-wise Placement Comparison

Despite of the challenging market situations over the years, IITB managed to maintain good interest amongst the recruiting firms in the job market.

2014 - ‘15 2015 - ‘16 2016 - ‘17

365193

387

945

397185

429

1011

340

350

360

370

380

390

400

165

175

185

195

205

215

225

360

370

380

390

400

410

420

430

440

2013 - ‘14

2014 - ‘15

2015 - ‘16

2016 - ‘17

Figure 2. Year-wise selections for B. Tech. (2-a), Dual Degree (B. Tech. + M. Tech.) (2-b) and M. Tech. (2-c)

2-a. B. Tech. Year-wise selections 2-c. M. Tech. Year-wise selections2-b. Dual Degree ( B. Tech. + M. Tech. ) Year-wise selections

Num

ber o

f sel

ectio

ns

Num

ber o

f sel

ectio

ns

Num

ber o

f sel

ectio

ns



Table 5. Sector wise statistics for different degree courses.

Sector B. Tech.

Analytics 3248Consulting

Education -90Engineering and Technology

Finance 815FMCG

IT / Software 73

37Research and DevelopmentPublic Sector Undertaking 13

Total 394

15Others

9. Sector vs. Department Offers

B.Tech and M.Tech maintained almost the same demand amongst various companies.

Dual Degree

2328

248

448

19

11-

189

6

M. Tech.

3411

7183

44

79

498

396

17

Others

242

3824

11

13

216

135

5

AnalyticsConsulting

Engineering and TechnologyFinance

FMCG

IT / SoftwareResearch and Development

PSU

Services

8 %12 %23 %21 %1 %

19 %9 %3 %

4 %

Figure 3. Sector-wise selection for B. Tech.

Engineering & Technology, Finance and IT/Software were amongst the top hiring sectors for the B. Tech.



Figure 4. Sector wise selection for Dual Degree (B. Tech. + M. Tech.)

Figure 5. Sector wise selection for M. Tech.

AnalyticsConsultingEducation


FMCG


Services

12 %15 %1 %25.5 %23.5 %4 %

10 %6 %

3 %

AnalyticsConsultingEducation


FMCG


PSU

Services

9 %3 %2 %46 %1 %1 %

20 %12 %2 %

4 %

Core Engineering & Technology, R&D and IT/Software saw good selections for the Dual Degree students.

Core Engineering and R&D came up with the highest selections from these sectors.



10. Internships 2016 - ‘17

Over the course of the past few years, internships have become a major aspect in every student’s personal growth and development. Internships give students tremendous understanding about various roles within a particular industry and helped them to select a well-informed career choice. This importance implies a need to provide more opportunities and variety to the student community. Keeping this in mind, the Placement Office has accordingly improved the internship recruitment process, and even has a second team of coordinators dedicated to the development and execution of the internship process.

The Internship Season 2016 - ’17 witnessed 1107 offers from over 650 organisations. Companies have also benefitted accordingly by giving around 120 Pre-Placement Offers, based on their performance during the internships of 2015 -’16. Of these, 59 were accepted by students. Over the years, PPOs have been a new trend of hiring talent from IITB.

The Internship Season 2016-17 started in July 2016 and continued till 30th May, 2017. Students from a variety of programs participate in the intern-ship process. Students of 2nd and 3rd year from the Bachelor of Technolo-gy (B.Tech.), 5 Year/2 Year Masters of Science (M.Sc.), and 5 Year Dual Degree (D.D) participate in the internship process across the departments.

Table 6. Department-wise internship offers

Department 2015 - ’16 2016 - ’17

Aerospace 39158Chemical

Chemistry 16

65129

21

2014 - ’15

48117

22

98Civil

Computer Science 187

99

157

95

201

182Electrical

Engineering Physics 30

189

41

167

33

39Energy

Mechanical 164

35

152

37

162

117MEMS 101 1127745 53

1107 1034 1047OthersTotal

11. Department-wise Internship Selections



Total number of internships Summer internships Winter internships

1107 895 212

12. Summer vs. Winter Internship Offers

Total number of internships Company University

1107 917 190

13. Companies vs. Universities Internship Offers

Aerospace

Chemical

Chemistry

Civil

Computer Science

Electrical

Engineering Physics

Energy

Mechanical

MEMS

Others

0 50 100 150 200 250

2014 - ‘15

2015 - ‘16

2016 - ‘17

Figure 6. Department-wise selections year-wise.

Number of selections



Country Number of Internship Offers

USA 391UAE

Singapore 816India

Australia 17

8Canada

22UK

28Germany

Italy 1

5Hong Kong

1Portugal

1Finland

China 5

12France6Austria

Switzerland 6

5Luxembourg

3The Netherlands

3Japan

Taiwan 3

Total 190

14. Country-wise Offers

The best Foreign Universities across the globe have a huge demand of IITB students.

Table 7. Country-wise offers from universities.



15. Conclusion

Campus Placement carried out in two phases during 2016 - 2017 were successfully completed and clearly demonstrated the demand of IITB graduates among the top recruiters in various segments of the economy. The success of the placement endeavour can be attributed to the outstanding quality of our students as well as the tremendous support provided by the Institute administration, academic units, faculty and staff, alumni, companies and other well-wishers. The recruiters appreciated the domain knowledge and training imparted to our students. The efforts of the placement office including the student placement team, combined with the excellent academic system and opportunities for all-round devel-opment, has also contributed to establishing IITB as a preferred destina-tion of recruiters and students. A majority of our past recruiters held their faith in our student’s abilities and recruited in large numbers.

This year witnessed several new organizations visiting IITB for the first time and efforts needs to be taken to foster long-term relationship with all these organizations in near future. Campus placements will be more intensely sought by both companies and students due to increased corpo-rate competitiveness, heightened student aspirations, a rapidly changing job market and an increasingly insecure global economy. This year saw several important headwinds in the business climate of Indian and Inter-national companies due to global events which impacted the placement process in the interim period. Internal factors such as selection trends and strict criteria for participating companies, and restricted participation of start-up companies were some reasons for fall in demand.

Country Number of Internship Offers

India 89912Japan

USA 23China

Dubai 1917Total

There has been a positive trend in international companies hiring IITB students as interns. Japan has been at the top in this list.

Table 8. Country-wise offers from companies.

Documents

2016 - 2017 - Placements, IIT Bombayplacements.iitb.ac.in/...Placement_and_Internship_Report_2016-17.pdf · a rush among top-level as well as mid-level companies to recruit the brightest