IIT Hyderabad placements 2019: International offers surge; Microsoft, Goldman Sachs among top recruiters

IIT Hyderabad placements 2019: The Indian Institute of Technology Hyderabad has witnessed a surge in students getting placed abroad with offers from top companies like Microsoft, Goldman Sachs, among others during the 2019 placement season. Students from the institute have secured 38 International Offers during Phase I of Placements season for the 2019-20 academic year. The students secured a total of 271 offers from 96 companies by the end of Phase I of Campus Placements alone. This includes the 37 Pre-Placement Offers (PPO), which are the results of student internships.

Phase I of placements was conducted between December 1 and December 12 2019 with Phase II scheduled to begin during January 2020. During the phase, the top recruiters included companies such as Microsoft, Goldman Sachs, Jaguar Land Rover, Eaton, BNY Mellon, Bajaj Auto & TSMC.

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A total of 483 students registered for placements across departments for placements for the Academic Year 2019-20. Most of the job offers were from IT and ITES sectors. In the current placement year 2019-20, for circuit branches, the Institute have crossed more than 80% of placement during Phase - I. Including the accepted Pre-Placement Offers (PPOs), a total of 251 (single offers) students have already been placed at the end of Phase I Placements for 2019-20 academic year.

"There is a significant increase in international offers this year when compared to last year. For the current placement year 2019-20, we have received 38 international offers (as on 12th December 2019) from 15 companies across 3 countries (i.e. USA, Japan & Taiwan), when compared to last placement year (2018-19), when we had received 22 international offers from 8 companies across 2 countries (Japan & Taiwan)," Dr. Pradeep Yemula, Faculty In-Charge (Placements), IIT Hyderabad, said about the placements.