IIT (M) records 100% placement


The Indian Institute of Technology-Madras (IIT-M Department of Management Studies (DoMS) students recorded 100 per cent campus placement yet again this year for the academic year 2021-22.

All the 61 students who had registered for campus placements secured and accepted job offers.

Around 16 per cent of students got Pre-Placement Offers (PPOs), in which students interning at a company get job offers from the same firm.

There were several new trends in DoMS placements, post-pandemic including an increase in job opportunities in consulting and analytics space. There was also better synergy between companies and IIT-M due to the high demand in
the market for qualified candidates. Further, there was a faster turnaround from companies this year, enabling an expeditious completion of final
placements.

M Thenmozhi, Head, Department of Management Studies, said “The lucrative offers by the recruiters reflect the quality of our students and our
programme. DoMS is known for its excellence in high quality faculty, rigorous teaching and learning process. We expect more industry engagement in various domains in the future.”

The DoMS campus placements were conducted from December 1, 2021 through virtual mode allowing easier access for recruiters to the students.

A total of 26 companies came for the recruitment drive, of which 55 per cent or 14 companies were first-time recruiters.

The top recruiters, in terms of job offers, include Amazon, CISCO, Deloitte, ICICI and McKinsey.

The average salary (CTC) has increased by 30.35 per cent to Rs.16.66 lakh per annum during this round of campus placements. a release from IIT-M
said.