KOZHIKODE: Amid reports of slowdown in hiring in the engineering sector, the National Institute of Technology - Calicut (NIT-C) has made a promising start, with 85% of its computer science students receiving job offers from globally renowned companies.
“The recruiting process for 2017-18 began in August and will go on till April, 2018. More than 65% of students from the electronics and communication stream have also received placement offers,” T.K. Suresh Babu, Professor, Training and Placement, NIT-C, told The Hindu on Monday.
Three students have been offered an annual pay package of nearly ₹40 lakh each, while three others will get around ₹32 lakh each. “The packages are perhaps the highest that have been offered to NIT-C students. The highest salary offered to B.Tech electronics graduates was ₹22 lakh,” he added.
Last year, two students got placements with a package of ₹27 lakh per annum, while the annual average salary of computer science graduates has crossed ₹10.5 lakh. “The global downturn has not impacted the IT product-based sector much,” Mr. Suresh Babu said.
However, core subjects such as civil engineering, mechanical engineering, and electrical engineering seem to be feeling the pinch, thanks to the demonetisation drive and GST implementation. “Of course, companies are recruiting graduates from these branches. But hiring is less compared to last year,” he said. “Markets are likely to improve in the next quarter. And, we have five more months to complete the recruitment process,” Mr. Suresh Babu added.
In the previous academic year, around 75% of the 686 B.Tech students who had attended the placement process have received employment offers. Most companies rely not only on academic performance but also skills and talent. Campus recruiters reach NITs only after completing the hiring process at IITs.
Location is also a factor for aspirants. Keralities prefer working in South Indian cities like Bengaluru, Hyderabad, and Chennai. At the most, they go for Pune. NIT-C has 80% of south Indians on its campus. More than 50% of seats are reserved for those from Kerala.