Chennai: It seems that big time companies have decided to recruit all the past out students from Indian Institute of Technology-Madras. According to a teacher of IIT, 209 companies have recruited 769 students, including 221 BTech, 183 dual degree, 213 MTech, 62 MBA, four from MA Humanities and Social Sciences, 10 MSc, 58 MS and 18 PhD.
The big-ticket companies like NTPC, HAL, ISRO, Indian Navy and Power Grid, came looking for fresh talent, first timers like Sony Corporation (Japan), Pocket Gems (US), Infoaxe (US), EPIC (US), Honda (Japan), NTT Communications (Japan), Gulf Talent, Social Soft(US), Hyundai Motors, Paypal, WS Atkins, UoP Honeywell and Commvaultwere alsoon campus.
On an average, students were offered between 4lakh and 15 lakh per annum as salary this year. Hyundai Motors offered other incentives: Employees will be sent for a two-year postgraduate programme in a management or engineering school in South Korea.
On completion of the sponsored programme, they will work at the company headquarters in SouthKorea for two years. Candidates will have the chance to work for two years at any of thecompany'soverseas offices. They recruited two students for 25 lakh per annum.
IIT-Madras is resuming the placement operations from Thursday with two or three companies visiting. Deputy registrar for training, placement and public relations B Nagarajan said the placement season could continue up to May if needed.