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12/17/13 Wheres my j ob? - The Hi ndu w ww.thehindu.com/features/education/careers/ w here s-m y-job/article5459711.ece ?homepage=true&css=prin t 1/2 ducation Plus » Careers Published: December 15, 2013 17:59 IST | Updated: December 15, 2013 17:59 IST here’s my job? asudha Venugopal Bucking the trend: The jubliant VIT team after the campus placements he slowing economy, changing business model of IT companies and fewer industry-ready candidates have impacted the placement ctivity in colleges in Tamil Nadu, barring IIT-M and deemed universities. Barring IIT-Madras and a few deemed universities, campus recruitment figures in most engineering colleges in Tamil Nadu have dropped significantly this  year. College officials say most companies have resorted to restricting their recruitment numbers by at least 40 per cent his year, affecting the career aspirations of students. Also, the entry-level salaries in most IT companies, for raduating engineers has remained unchanged for the fourth year in a row, at Rs. 3 lakh to Rs. 4 lakh. Early placement trends from top campuses in the State indicated that the companies would continue to recruit tudents in large numbers, but that was restricted to IIT and the deemed universities alone. HR officials said that ith the bad economy witnessing little attrition, most companies now have fewer vacancies to fill. Universities such as VIT University and SASTRA managed to place most of their students and also attract more mployers this year. Among departments of Anna University, Accenture recruited 204 students and offered to pay an  verage of Rs. 3 .5 lakh per annum. Microsoft offered the highest package on the Anna University campus with Rs. 16.5 lakh per annum. Firms such ccenture and IBM hired more aggressively than others this year. Dream recruiters such as Ebay, Deloitte, analytics firm Musigma and Schneider Electric visited reputed engineering olle ges but pi cked only the best students. he campus placement at SASTRA has been good with over 1700 job offers being made by reputed companies such as Microsoft, eBay, Amazon, Ford, TVS Motors, TCS, Accenture, IBM, and Wipro. For the higher benchmarks that recruiters had this time, the recruitment productivity is reasonably high,” said S. aidhya Subramanian, Dean, Planning and Development, SASTRA. Changing business model he situation in other engineering colleges is different, with placement officials trying their best to attract employers. NASSCOM officials had earlier predicted a drop of 17 per cent in IT hiring, this year. The slowdown could be because ompanies are focusing on automation of work that automatically leads to lower intake for work. “Core companies sed to recruit when the need arose, depending on their projects. Now, IT companies are changing their model of ecruitment too, as bulk hiring is no longer feasible for them,” said R. Rajagopalan, an IT consultant. Most top a nd middle-lev el colleges , however, depen d on Wipro, Accenture, IBM, TCS, Cognizant and Infosys to take he bulk of eligible students. With at least three companies sharing the first day slots, there are multiple offers being

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8/12/2019 Where’s my job_ - The Hindu

http://slidepdf.com/reader/full/wheres-my-job-the-hindu 1/2

12/17/13 Where’s my job? - The Hindu

www.thehindu.com/features/education/careers/wheres-my-job/article5459711.ece?homepage=true&css=print 1/2

ducation Plus » Careers

Published: December 15, 2013 17:59 IST | Updated: December 15, 2013 17:59 IST

here’s my job?

asudha Venugopal

Bucking the trend: The jubliant VIT team after the campus placements

he slowing economy, changing business model of IT companies and fewer industry-ready candidates have impacted the placement 

ctivity in colleges in Tamil Nadu, barring IIT-M and deemed universities.

Barring IIT-Madras and a few deemed universities, campus recruitment figures in most engineering colleges in Tamil

Nadu have dropped significantly this year.

College officials say most companies have resorted to restricting their recruitment numbers by at least 40 per centhis year, affecting the career aspirations of students. Also, the entry-level salaries in most IT companies, forraduating engineers has remained unchanged for the fourth year in a row, at Rs. 3 lakh to Rs. 4 lakh.

Early placement trends from top campuses in the State indicated that the companies would continue to recruittudents in large numbers, but that was restricted to IIT and the deemed universities alone. HR officials said thatith the bad economy witnessing little attrition, most companies now have fewer vacancies to fill.

Universities such as VIT University and SASTRA managed to place most of their students and also attract moremployers this year. Among departments of Anna University, Accenture recruited 204 students and offered to pay an verage of Rs. 3.5 lakh per annum.

Microsoft offered the highest package on the Anna University campus with Rs. 16.5 lakh per annum. Firms suchccenture and IBM hired more aggressively than others this year.

Dream recruiters such as Ebay, Deloitte, analytics firm Musigma and Schneider Electric visited reputed engineeringolleges but picked only the best students.

he campus placement at SASTRA has been good with over 1700 job offers being made by reputed companies such asMicrosoft, eBay, Amazon, Ford, TVS Motors, TCS, Accenture, IBM, and Wipro.

For the higher benchmarks that recruiters had this time, the recruitment productivity is reasonably high,” said S.aidhya Subramanian, Dean, Planning and Development, SASTRA.

Changing business model

he situation in other engineering colleges is different, with placement officials trying their best to attract employers.

NASSCOM officials had earlier predicted a drop of 17 per cent in IT hiring, this year. The slowdown could be becauseompanies are focusing on automation of work that automatically leads to lower intake for work. “Core companiessed to recruit when the need arose, depending on their projects. Now, IT companies are changing their model of ecruitment too, as bulk hiring is no longer feasible for them,” said R. Rajagopalan, an IT consultant.

Most top and middle-level colleges, however, depend on Wipro, Accenture, IBM, TCS, Cognizant and Infosys to takehe bulk of eligible students. With at least three companies sharing the first day slots, there are multiple offers being

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12/17/13 Where’s my job? - The Hindu

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ade to the same students, which leaves many students without a single job,” said a placement official in a tier-1

ollege.

Mr. Rajagopalan said that the manpower requirement of IT firms has come down significantly and it is better forhem to hire more people at fewer campuses than spreading their recruitment over a large number of campuses.

This means, the numbers in reputed engineering colleges have gone down, and those in good colleges are notignificant either.”

cademic excellence

Sivagnana Prabhu, head of training, placement and communications at RMK Group of Institutions, said, “It is gettingougher for both colleges and students because the industry expectations have increased. Students have to be really ob-ready and skilled to get selected.”

lso, in the last two years, a few companies have received much flak for taking over eight months to call the recruitedraduates. So, they are more careful, he added.

t this stage, professors feel excelling at academics has become more important than it was ever before.

Nearly one-fifth of the engineering colleges in the State have an overall pass percentage of just about 50 per cent.ith companies insisting on selecting only students with at least 60 percentage and no arrears, just about 70 of theore than 500 colleges in Tamil Nadu will have any chance of placing at least half their students,” said R.

Chandrasekharan, associate professor and placement in-charge of a reputed group of engineering colleges.

t a recent industry-academia interaction organised by Loyola ICAM College of Engineering and Technology (LICET),

.K. Pattabiraman, Principal Consultant, TCS, said the decreasing numbers could also be because of the wideisconnect between what the industry wanted and what the colleges were training their students for.

Both colleges and companies have to work together to fill this gap.”

he gap is being addressed in many colleges. “Regular guest lectures by people from the industry and feedback aboutur own students helps. If the company officials are not able to come here and address students, we are sending ourtudents to various companies to understand what they really want,” said Jose Swaminathan, Principal, LICET.

Keywords: placement, IIT-M, VIT, campus recruitment figures, engineering colleges

Printable version | Dec 17, 2013 9:25:09 AM | http://www.thehindu.com/features/education/careers/wheres-my-ob/article5459711.ece

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