Microsoft is the largest recruiter at IIT Mandi with 11 offers, increase of 50% in average salary offered to IIT Mandi students
Indian Institute of Technology Mandi is set for another year of strong placements for the 2019-20 academic year. The total number of companies registered for Phase 1 Placements alone (which were held from 18th October 2019 to 15th November 2019) is 75. There was a total of 45 such companies registered during the entire preceding year.
A total of 112 offers have been made during Phase 1, compared with 108 during 2018-19 academic year. Of these, 34 students received Pre-Placement Offers (PPOs), which are the result of internships in companies/firms converting to job offers. This includes five international PPOs made this year (2019-20). A total number of 123 students have registered for placements this year (2019-20).
The total number of companies that gave PPOs during 2019-20 was 13 compared to 10 in 2018-19. The prominent sectors in which PPOs were made during 2019-20 were Software Development and Analytics.
Some of the students are preferring to prepare for Civil Service examinations while a few other students are looking at pursuing higher studies or startup/business opportunities.
Some of the companies that offered PPOs at IIT Mandi during 2019-20 include Microsoft, (the top PPO recruiter with eleven PPOs), Goldman Sachs, Amazon, Robert Bosch, Optum, SMS Datatech, and Tonichi Insatsu.
More companies are expected to participate in Phase 2, which will start in mid-February 2020.
IIT Mandi recorded the highest number of placement offers till date compared with the preceding years. Microsoft, Amazon, CodeNation, Goldman Sachs, DEShaw, ServiceNow, Domino Data Lab, Razorpay, Oyo Rooms, Publicis Sapients, 1mg, BOSCH, Tonichi Insatsu, SMS DataTech, Works Application, Toppr, Samsung Delhi, Mathworks, Marvell Semiconductors, OLX People, and L&T are few among the top recruiters at IIT Mandi this year.
Speaking about the placements and new trends witnessed in the 2019-20 placement season, Dr. Varun Dutt, Faculty Advisor, Career and Placement Cell, IIT Mandi, and Associate Professor, School of Computing & Electrical Engineering, IIT Mandi, said, “This year IIT Mandi had 75 companies registered compared to 45 last year. IIT Mandi also witnessed a 100 percent increase in the number of PPOs offered to 34 as compared to 17 last year. We had 4 jobs/company-visits for our students compared to 2.4 jobs/ company-visit last year.”
There has been more than 50% increase in the average salary offered by companies compared to last year.
Some facts and figures About IIT Mandi Placements during 2019-20 academic year:
Company that recruited the maximum number of students and the number of offers that company made:
2019-20: Microsoft (11 offers)
2018-19: L&T ECC (8 offers)
Total number of international offers:
2019-20: 9 (5 PPOs and 4 on campus)
2018-19: 3 (2 PPOs & 1 on campus)
Total number of first time-recruiters for 2019-20: 9 Marvell Semiconductor, Service Now, Sprinklr, Razorpay, 1mg, GMO Research, among others
Total number of Startups which registered for Placements 2019-20: 10 OLX People, Signalchip Innovations Pvt Ltd, Sigmoid, Agnext Technologies Pvt. Ltd, Toppr, among others
Aman Jain, Overall Student Placement Coordinator, IIT Mandi, who got offers from companies including Toppr, Service Now and CodeNation, said, “The programming culture at IIT Mandi has been very good in the past few years. Also, the course curriculum is changing now which helps us to focus more on technical skills in the initial years of BTech which helps a lot in increasing your skills and getting placed at good companies. This will definitely increase much more in the coming years with constant efforts from the quality of teaching by the faculty members as well as due to support from the administration. Also this year we saw a large number of companies visiting the campus for placements.
A maximum of one or two companies are scheduled on a single day which helps reduce students’ stress as they are not required to give interviews of multiple companies on the same day At the same time students can be much more relaxed when they know that more good companies are lined up on coming days. This reduces tension and helps in better performance during interviews.”