After 2-yr lull, engg placements up by 30%
According to the colleges, students from computer science, electronics and communication and information technology streams are in high demand as many IT companies are looking to scale up their workforce.
2017 was a tough year for engineers as large scale IT employers delayed placement drives by weeks and also hired low-key numbers. However, momentum picked up in 2018.
The lull in recruitment in the past two years had affected even the top engineering colleges, as they were able to place only around 70% of students last year. This year, even tier-2 colleges have seen more than 85% of their eligible students getting placed.
In a major boost, besides the IT service companies, IT product companies and core firms have hit the campuses.
"The scenario has improved over the last year. The salary packages are better. Five students from our campus have received packages for Rs 39 lakh a year," said T Thyagarajan, director, Centre for University-Industry Collaboration (CUIC), Anna University. So far, 215 companies including Microsoft, Samsung R & D, Uber, Adobe and Wipro have visited the university.
Tamil Nadu State Level Placement Programme (TNSLPP), the state-wide recruitment drive conducted for affiliated colleges, has seen 100% increase in offers this year.
"Infosys, Cognizant and HCL have offered 1,576 jobs against last year’s 766," Professor Thyagarajan said.
The scenario is similar in top engineering colleges. "Most colleges witnessed a 20% dip in campus placements last year. But this year our college received 30% more offers. We expect it to increase further next year," said R M Kishore, vice-chairman, RMK Engineering College.
Saying the change was visible even on day 1 of the recruitment drive, B Chidambara Rajan, the principal of Valliammai Engineering College, Chennai, said more than 85% of the institute’s qualified students have been placed.
Colleges in Trichy and Coimbatore are also having a good placement season. Maluk Mohammed, director of MAM College of Engineering and Technology in Trichy said, "Communication skills are no longer a barrier for rural students. So recruiters hire them based on the knowledge component." Commenting on the change in trend, Supaul Chanda, head, Teamlease Digital, an HR firm, believes it will be "a year of transition" for engineering placements as they recover from the dip seen in recent years.
"We expect the IT industry to hire more than they did in the past two years, but it will not be higher than what the companies used to hire at their peak," Chanda added.
The industry is moving towards a skill-based hiring rather than one based on degrees and colleges must factor this in, Chanda added.
Saying they focused on skill-based hiring, Venkat Paturi, Senior VP and resource management head of Tech Mahindra, said, "In addition to our traditional post-hiring and onboarding training model, we now hire trained freshers who have proactively skilled themselves in niche next-generation technologies".
(With inputs from Sindhu Hariharan)
Source
2017 was a tough year for engineers as large scale IT employers delayed placement drives by weeks and also hired low-key numbers. However, momentum picked up in 2018.
The lull in recruitment in the past two years had affected even the top engineering colleges, as they were able to place only around 70% of students last year. This year, even tier-2 colleges have seen more than 85% of their eligible students getting placed.
In a major boost, besides the IT service companies, IT product companies and core firms have hit the campuses.
"The scenario has improved over the last year. The salary packages are better. Five students from our campus have received packages for Rs 39 lakh a year," said T Thyagarajan, director, Centre for University-Industry Collaboration (CUIC), Anna University. So far, 215 companies including Microsoft, Samsung R & D, Uber, Adobe and Wipro have visited the university.
Tamil Nadu State Level Placement Programme (TNSLPP), the state-wide recruitment drive conducted for affiliated colleges, has seen 100% increase in offers this year.
"Infosys, Cognizant and HCL have offered 1,576 jobs against last year’s 766," Professor Thyagarajan said.
The scenario is similar in top engineering colleges. "Most colleges witnessed a 20% dip in campus placements last year. But this year our college received 30% more offers. We expect it to increase further next year," said R M Kishore, vice-chairman, RMK Engineering College.
Saying the change was visible even on day 1 of the recruitment drive, B Chidambara Rajan, the principal of Valliammai Engineering College, Chennai, said more than 85% of the institute’s qualified students have been placed.
Colleges in Trichy and Coimbatore are also having a good placement season. Maluk Mohammed, director of MAM College of Engineering and Technology in Trichy said, "Communication skills are no longer a barrier for rural students. So recruiters hire them based on the knowledge component." Commenting on the change in trend, Supaul Chanda, head, Teamlease Digital, an HR firm, believes it will be "a year of transition" for engineering placements as they recover from the dip seen in recent years.
"We expect the IT industry to hire more than they did in the past two years, but it will not be higher than what the companies used to hire at their peak," Chanda added.
The industry is moving towards a skill-based hiring rather than one based on degrees and colleges must factor this in, Chanda added.
Saying they focused on skill-based hiring, Venkat Paturi, Senior VP and resource management head of Tech Mahindra, said, "In addition to our traditional post-hiring and onboarding training model, we now hire trained freshers who have proactively skilled themselves in niche next-generation technologies".
(With inputs from Sindhu Hariharan)
Source
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