IIT Roorkee begins placement drive for 2021-22 batch with strategy change for pandemic

The Indian Institute of Technology (IIT) Roorkee made a promising start to another year of campus placements from December 1, with a few changes in strategy keeping the pandemic in mind.

Vinay Sharma, professor in-charge of IIT Roorkee’s Placement and Internship Cell, said, “The pandemic has brought some directional changes in the placement scenario. We made our strategy for this placement season accordingly, wherein we tied up with the best companies in the sectors related to Artificial Intelligence (AI), Software, Networks, Analytics, E-Commerce, Fast-Moving Consumer Goods (FMCG), Quants, Finance, Manufacturing and others with sincere focus on the core sector.”

Sharma added, “We ensured great diversification in the profiles which resulted in more offers extended to the students in the companies specific to their interests. Furthermore, we deeply analyzed the economic growth across the globe and accordingly collaborated with established growing firms, on the basis of forecasting done by our team. With all the above strategies, we were able to do exceedingly well in international as well as domestic offers.”

Apart from this, the institute also conducted certain sessions before the placement season for the students to explore various fields and gauge their interest in the growing market, roping in the best rising firms in those respective sectors as well.

Till now, 437 offers, including pre-placement offers, have been made, with a Rs 2.15 crore international pay package for one student; Rs 1.30 crore-Rs 1.8 crore domestic salary for three students; and 11 students bagging more than a Rs 1 crore package. The first day saw 13 international offers being made.

The companies participating in the placement drive include Alphagrep Securities Private Limited, Amazon, Apple, APT Portfolio Pvt. Ltd., Bajaj Auto Limited, Cairn Oil & Gas, Codenation, Da Vinci Derivatives, Flipkart, Goldman Sachs, Google, Graviton Research Capital LLP, Hindustan Unilever Limited, Infurnia Technologies, Intel Technologies, ITC Ltd., Jaguar Land Rover, JPMC Quant, Mercedes Benz, Micron Technologies Operations India LLP, Microsoft, Millennium Management, nVidia, Oracle, Plutus Research Pvt. Ltd., Quadeye, Qualcomm, QuantBox, SAP Labs, Schlumberger, Sprinklr, Squarepoint Capital, Tata Steel, Texas Instrument, Trexquant and Uber among others.