IIT Kanpur started off the 2018-19 Recruitment season on December 1. The successful completion of first two days for the placements with the recruitment of around 370 students (in comparison to 329 last year) stands testament to the quality of students and the robust nature of the placement process that provides adequate flexibility to both students and recruiters. In addition around 100 Pre-Placement Offers were made.
Major recurring recruiters like Tower Research Capital, WorldQuant LLC, ITC LIMITED, Goldman Sachs, Nutanix Technologies, Flipkart, and Intel Technology India continued to hire. While several notable companies featured on Day 1 for the first time like Graviton Research Capital LLP, Quadeye Securities, Jumio and Sprinklr India.
The day one placement process was conducted in two slots. The first was from 5 AM till 1 PM. A total of 21 firms offering 27 profiles participated in the first slot. The second started at 3 PM, extending till the end of the day. The firm allocation was done on the basis of numerous parameters, some of the possible ones being pay package, the perception of the firm & job profile, and recruitment history.
Top global management consulting firms, namely, Boston Consulting Group, Bain & Co. and Mckinsey & Co. extended off-campus offers to 2, 5 and 1 students respectively. On Day 1, PwC DiaC extended 8 offers for an analytics embedded consulting profile while Auctus Advisors, an emerging boutique consulting firm, extended 4 offers for a strategic consulting role. Overall 20 students got placed in the consulting domain this year, which is a significant increase in comparison to 9 offers last year. Amongst the Investment banking and financial firms, Deutsche Bank, Credit Suisse and HSBC were the top recruiters making around 20 offers cumulatively.
Intel emerged as the top recruiter making 32 job offers in total (24 as hardware and 8 software), which was followed by EXL, JP Morgan and Quadeye making 21, 12 and 8 offers respectively. Goldman Sachs, a leading global investment banking, securities and investment management firm recruited a total of 14 applicants (Including 10 Pre-placement Offers).
International recruiters included US-based firms like Microsoft, Uber, Cohesity, and Rubrik. Jumio, which is one of the world’s fastest-growing AI-powered trusted identity service provider offered roles at its Montreal, Canada office this year, while Yahoo recruited applicants for its Japan office. In all the recruitment statistics for the first two days seems very promising.
Vox Populi congratulates all who have already secured job offers and wishes them all the best for their lives ahead. Vox also wishes the best of luck for those still awaiting their fate in the placement season and wishes to reiterate that life doesn’t end here. Vox also wishes all the best to the SPO for their efforts throughout this season.
The data presented in the above piece was updated till the First slot of Day 2 of the placements. Vox Populi thanks Student Placement Office IITK for the presented data.