Placement

The government has allocated Rs 11,880.5 crore under PMKVY since 2015

The candidates that got an offer for over Rs 4 crore were offered an international posting by the trading firm Jane Street

The highest packages at IITs for this year may come for domestic roles, unlike last year when international roles offered the highest salaries

The institute has successfully completed the final placements of 572 participating candidates from the two-year flagship Post Graduate Program (PGP) and the five-year Integrated Program in Management

Consulting was the lead sector, with as many as 181 offers of the total 542 extended towards 513 students

The summer placements for the PGP and PGP-BA Class of 2021-23 of the Indian Institute of Management Bangalore (IIMB) saw 542 internship offers, leading to all 513 students who appeared for placements being placed over two interview days. Consulting companies made 181 offers led by Accenture with 33, followed by Bain & Company (22) and The Boston Consulting Group (22), an IIMB statement said on Wednesday. Top recruiters included Kearney (15), McKinsey & Company (13) and Tata Consultancy Services (12). Prominent recruiters in the information technology and IT product management domain, who made 41 offers, included Microsoft (13), Samsung (6), Walmart Global Tech (6), and Visa Inc. (4). The 42 offers made in the combined bucket of E-commerce, and Operations included Amazon (29), Flipkart (5) and Uber (4). There were 84 offers in the finance domain. Among banks, Goldman Sachs made the maximum of 16 offers followed by Citibank (7), Avendus Capital (4), Barclays (4) and Deutsche

Three students of National Institute of Technology (NIT) Rourkela were offered annual pay packages of Rs 45 lakh, the highest so far, in the online placement drive for the academic year 2020-21, the institute said. With 84 companies offering 253 students more than Rs 10 lakh per annum, the average CTC offered was about Rs 9.36 lakh per annum, an increase of over 4 per cent from the previous year, an official release issued by the institute said. The IT and software sector has emerged as the top recruiter (41% of total recruitment) till date. The Core Engineering like Electrical & Electronics Manufacturing, Analytics and Consulting, Banking Financial Services and Insurance (BFSI), and Education sectors sharing the rest of the part, it said. Another 211 students bagged prestigious internship offers from global majors like Microsoft, Barclays, Citi Bank and Qualcomm with the highest stipend rising to Rs.1 lakh per month. So far, the Institute received more than 841 full-time offers. .

Session 1.1 witnessed 20 offers from Microsoft, 11 from Goldman Sachs, nine from Qualcomm and Boston Consulting Group with 7 offers

A total of 150 companies, including Amazon and Intel, participated in the internship recruitment drive that started on May 1

Many start-ups postpone joining dates of new recruits by 3-6 months