Free Press Journal

Mumbai: 29 firms line up for IIT-B placements


Mumbai: Software and banking majors such as Google, Microsoft, Deutsche Bank and Goldman Sachs were among the 29 firms that lined up on the first day of placements at Indian Institute of Technology – Bombay (IIT-B) on Thursday.

As many as 800 IITians appeared for placements interviews on the first day. The placement interviews will continue till December 15.

A press release from the institute said that many Public Sector Units (PSU), universities and colleges have approached the institute. In addition to Indian Space Research Organisation (ISRO), Coal India and Hindustan Petroleum Corporation Limited (HPCL) which visited IIT Bombay last year, this year new PSUs include Oil & Natural Gas Corporation (ONGC), Bharat Petroleum Corporation Limited (BPCL) and Bharat Electronics Limited (BEL) among others, it added.

They are expected to hire students across bachelors, masters and doctoral programs it said. Further, both established and upcoming colleges and universities have approached the institute for placements. The number of these universities has doubled to over 20 as compared to seven last year.

The placement season at IIT Bombay will see a significantly lower participation from start-ups this year. Taking into account the multiple revoked and altered offers from start-ups last year, the placement office at IIT Bombay has taken a cautious stance. The focus is on job quality and security.