{"id":1281107,"date":"2024-04-25T07:49:07","date_gmt":"2024-04-25T02:19:07","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1281107"},"modified":"2024-04-25T07:49:28","modified_gmt":"2024-04-25T02:19:28","slug":"tcs-offering-rs-9-lakh-salary-in-iit-and-freshers-are-accepting","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/tcs-offering-rs-9-lakh-salary-in-iit-and-freshers-are-accepting\/","title":{"rendered":"TCS Offering Rs 9 Lakh Salary In IIT; And Freshers Are Accepting"},"content":{"rendered":"\n

As compared to the general stellar placement seasons in India\u2019s most prestigious engineering college, IITs, this season has seen a lacklustre<\/a> response.<\/p>\n\n\n\n

\"TCS<\/figure>\n\n\n\n

Challenges in Campus Placements<\/strong><\/p>\n\n\n\n

As per a report, there have been companies offering annual packages below \u20b910 lakh this year as companies continue to scale back on hiring altogether.<\/p>\n\n\n\n

Companies that previously hired at least 5-6 people, are now only picking up 1 or 2 candidates. As per a source privy to the placement scenario, \u201cThe scenario now is that many students are taking up jobs offering the bare minimum threshold salary of \u20b96 lakh a year but are looking for other jobs.”<\/p>\n\n\n\n

Director of IIT Indore, Suhas Joshi speaking on the impact of slowdown on campus placements said that \u201cThe global economic slowdown has significantly impacted the campus placements for the 2024 graduating batch of IIT Indore. The reduced hiring numbers of recruiters compared to the previous year have resulted in a challenging placement season. To offset the impact, IIT Indore has taken early steps by tapping into alumni networks and has broadened its pool of potential employers, including PSUs.\u201d<\/p>\n\n\n\n

Campus Placements – Insights from IITs Across India<\/strong><\/p>\n\n\n\n

As per a student of IIT Bombay expressing dismay, \u201cCompanies that till last year picked 5 to 8 students are picking 1 or 2 this year. Several are still not yet hired. From coaching classes to start-ups, some have recently been picked for salary packages of \u20b960,000 to \u20b980,000 in phase 2.\u201d<\/p>\n\n\n\n

Another student from IIT-Kharagpur reported that “Spectrum Technologies offered \u20b93.6 lakh for trainee engineers and \u20b96 lakh for trainee design engineers. Startoon Labs and Gem Machinery offered \u20b95.5 lakh annually. Skyroot offered \u20b95 lakh. Sri Chaitanya and Next Education offer \u20b94.8 to 6 lakh per annum.”<\/p>\n\n\n\n

The report also claimed that majority of IIT Delhi graduates are still looking out for employment opportunities through the Office of Career Services (OCS). <\/p>\n\n\n\n

As many as 40% students are yet to find the jobs. Out of 1814, 1083 students have secured jobs.<\/p>\n\n\n\n

Moving on to one of the most pertinent questions, whether or not every course is impacted?
The answer to this question is that 81% of 903 participants at IIT Delhi\u2019s undergraduate programs have secured job offers.<\/p>\n","protected":false},"excerpt":{"rendered":"

As compared to the general stellar placement seasons in India\u2019s most prestigious engineering college, IITs, this season has seen a lacklustre response. Challenges in Campus Placements As per a report, there have been companies offering annual packages below \u20b910 lakh this year as companies continue to scale back on hiring altogether. Companies that previously hired […]<\/p>\n","protected":false},"author":26,"featured_media":1281118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5184,92],"class_list":["post-1281107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-iit-delhi","tag-tcs"],"acf":[],"yoast_head":"\nTCS Offering Rs 9 Lakh Salary In IIT; And Freshers Are Accepting - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/tcs-offering-rs-9-lakh-salary-in-iit-and-freshers-are-accepting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCS Offering Rs 9 Lakh Salary In IIT; And Freshers Are Accepting - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"As compared to the general stellar placement seasons in India\u2019s most prestigious engineering college, IITs, this season has seen a lacklustre response. 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