Placements dip as IT firms shrink offers

When Etihad Airways picked up five students from TA Pai Institute of Management for Rs 49.05 lakh salary per annum, it was just a flash in the pan. The campus placement trend for 2014 is a different story altogether.

Two years ago, Infosys had recruited 306 students from Dayanand Sagar College of Engineering but this year, the number dropped to 166. HCL, which recruited over 300 students last year, might skip its campus visit this time. There was one mass recruiter, though: iGate picked up 61 students.

This slowdown sentiment is reflected in other city colleges too. "The number of tier-I and tier-II companies which offer the highest packages are the same. But the breadand-butter companies -- mass recruiters important to a campus recruitment drive — have started reducing their intake. This time last year, around 80% placements were complete but it's still around 75%," said K Shreedhar, placement officer at PESIT. For original  post see here 

Now loans for skill development training!

Skill development training, which costs anywhere between Rs 20, 000 and Rs 50,000 for a typical engineering student, now comes along with loans which can be converted into easy monthly instalments (EMIs).

Notable dip in campus placement is making technical colleges add professional training through skill development institutes according to Mr. Santanu Paul, CEO, Talent Sprint, a skill development firm. The company, in association with a social enterprise, is facilitating loans for students aiming to be employable.

“Skill set is the focus for hiring corporates in the backdrop of over 80 percent of engineering and IT students lacking it. While some colleges foot the bill themselves, others make students pay the additional training fee. We have tied up with Milaap, a social enterprise, to aid wanting students fund their training,” Santanu said. Milaap had extended 150 short term loans to students taking skill development training at Talent Sprint, said Mayukh Choudhury, co-founder of Milaap Social Ventures. The social enterprise is funded by National Skill Development Council (NSDC) and individual funding agencies. For complete post see here 

APTITUDE Training For V semester Students

Jan 2, 2014

            

N O T I C E

Attention-  All V semester Students

As announced earlier college will be organizing an APTITUDE training for all students of V semester from all branches during 4-14th Jan, 2014  Those who have registered have been put into batches and batches been displayed on the notice board. Students are required to note that training is necessary for campus placement success and hence COMPULSORY for all eligible and interested students

However, it is noticed a lot of students have not yet registered.  Kindly note that all such students will not be allowed to take part in future placement process.  Hence all students are required to immediately register for the same and attend training starting from 4th Jan, 2014

        

TPO                                                                                        Principal

Engg colleges fear grim campus hirings

For, barring the Indian Institutes of Technology (IITs) and a few other top engineering institutes like BITS Pilani, many fear they might be able to place only 60-70 per cent of their students against 80-85 per cent last year.

For instance, at the Ahmedabad-based Indus University that runs the Indus Institute of Technology and Engineering, the placement process started in September 2013, but so far it has bagged only 14 offers across its 15 branches, including six engineering branches. The batch size is around 900, with 60 seats in each branch.

CAMPUS BEAT

Placement scene at engineering institutes not very positive Students planning to opt for higher education in absence of jobs Institutes say placement for only 80-85% of batch size possible Salary packages take a dip Slowdown in automotive and manufacturing sector impacting placements

For complete report see here