Financial Daily from THE HINDU group of publications Tuesday, Nov 09, 2004 |
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Industry & Economy
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Employment Campus recruitment at engg colleges on the upswing Anjali Prayag
Bangalore , Nov. 8 WITH all IT companies looking at recruiting in thousands, the graduating batch of 2005 in almost all engineering colleges in the city show record placement figures this year. Placement officers at engineering colleges are beaming at the numbers that they have to disclose this year because it's been the best one they have seen so far. In fact, this year has been even better than the 1998-99 period which saw the first surge in campus recruitment, says Mr C. Chandrashekhar, Placement Officer, R V College of Engineering, Bangalore. Needless to say, most of the offers have come from IT companies, with TCS, Infosys and Wipro leading the brigade. Mr Chandrashekhar says in his college, 587 students out of 700 have received job offers during the campus recruitment process. Infosys has made 80 offers, TCS 50 offers, Cognizant 113 offers and Wipro 67 offers. However, there have been a couple of non-IT companies too that have come scouting and hogged talent from the campuses. ABB and L&T have made six offers each. Other IT companies that have recruited in reasonably large numbers are MindTree, IBM, Oracle and Sasken. This was a milestone year for BMS College of Engineering, another city-based college. Says Mr B.S. Suryaprakash, Placement Officer at the college, "This year we reached the dream number of 500 offers." Last year too, the college witnessed hefty recruitment numbers, about 420 offers from 37 organisations. The college offers over 15 disciplines in undergraduate engineering programmes and seven in the master's programmes. Compensation too has seen an upward trend with substantial increase in salaries for this year's batch, says Mr Suryaprakash. At the BMS College of Engineering, the average salary hovers around Rs 2 lakh with the highest offer standing at Rs 4.5 lakh. At the RV College of Engineering, the salary ranges anywhere between Rs 1.8 lakh and Rs 6.6 lakh, with Triology offering Rs 6.6 lakh, Oracle Rs 5.2 lakh, Infineon Rs 4.5 lakh and Yahoo Rs 4.25 lakh.
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