Great start to IIT Madras placement season 2018-19, 133 companies make 680 offers

IIT Madras placement season 2018-19: The Indian Institute of Technology-Madras (IIT-M) saw a 30 per cent hike in the job offers in the first phase of placements for 2018-19 compared to the last year. This number excludes the pre-placement offers.

IIT-M saw a 30 per cent hike in the job offers in the first phase of placements for 2018-19 compared to the last year. Image source: Reuters

IIT Madras placement season 2018-19: The Indian Institute of Technology-Madras (IIT-M) saw a 30 per cent hike in the job offers in the first phase of placements for 2018-19 compared to the last year. This number excludes the pre-placement offers. According to a statement, in the first three days of phase I placements (December 1-3) 133 companies made 680 offers to its students. These also includes thirteen international job offers.

"When combined with the Pre-Placement Offers (PPOs) of 136, the total number of offers stood at 816 at the end of Day 3," IIT-M said in the statement.

106 companies made 526 offers during the 2017-18 academic year. Not only that, 20 start-ups have also made 78 offers during the same period.

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Speaking about this year`s placements, Professor Manu Santhanam, Advisor (Placements), IIT-M, said: "We have had a great start to this year`s placements. We hope the strong trend continues over the next four days as well."

According to IIT-M, analytics, consulting and finance sectors accounted for 33 per cent while core and research and development (R&D) sectors account for 37 percent.

The Information Technology sector account for 29 per cent. The FMCG sector accounted for less than 1 per cent.

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