Sunday, 16 December 2012

CSE-IITB Placement Statistics

Placements at IIT-Bombay started on 1st December, 2012. This year's placements proved to be the best till date for BTech CSE batch.

I will be highlighting some important figures of the placements of BTech, CSE IIT-Bombay 2013 batch. More than 90% of the batch has already been placed since placements began.



Job locations offered

As compared with last year, a significantly higher number of software companies visited for campus placements, many of them for the first time ever. There were a lot of opportunities for overseas locations like USA, Japan, Middle-East etc. Following is the distribution of the students according to job locations offered:

Distribution of job locations

As compared with last year's placements a substantially more number of students have been placed in firms offering job locations in USA. One thing that I observed was that the number of Day1 companies for CSE were too many and all of them had shortlisted from a fixed set of students. That is the same set of students were present in most of the shortlists. Due to this, many students ended up with multiple job offers from different companies. Many companies offering lucrative packages had to walk-away empty handed due to this anomaly.

Job profiles offered

Distribution of job profiles

As we see in the above chart, very few students opted for finance-based Quant Profiles. A huge number of students were placed in software engineer profiles. This is because of the numerous US-based companies arriving for placements this year. This resulted in many people opting for US-based software engineer profiles against India-based Quant Finance profiles. None of the students opted for other kind of profiles like Management Consultant, Financial Analyst etc.


Packages offered

Gross salary offered to BTech CSE students averaged out to be around 14.4 lpa (lakhs per annum) for India-based jobs. For US-based jobs, the average is around 100,000$ per annum.

For India-based software engineering jobs, the average is around 11.6 lpa. For India-based Quant profiles the average is around 26 lpa.



Pre-Placement offers


Around 15% of the batch had received and accepted pre-placement offers from companies where they interned. This proved to be a boon for rest of students in the batch because the PPO'ed people weren't allowed to apply at all the companies arriving for campus placements, thus reducing competition.


Top Recruiting Firms at IIT-Bombay
  • Software Engineering: Google, Microsoft, Facebook, Samsung, Twitter, LinkedIn, Rocketfuel, Mylikes, Epic Systems, Sony
  • Quantitative Finance: Tower Research, Morgan Stanley, Goldman Sachs, WorldQuant
  • General Finance: Optiver, Deutsche Bank, Citi, Credit Suisse, BlackStone, Jump Trading
  • Management Consulting: Mckinsey, BCG, Booz & Co., Bain & Co., A.T.Kearney


From what I have experienced during placements, it seems that having a CPI (cumulative performance index) above 8.5 is very good and preferably puts you into the set of students who have a chance to get shortlisted at most companies. You also need to have at least one good summer internship. Thus, my advise to juniors is to increase their CPI whilst they can. Higher the CPI, the better are the chances you get a "good" placement.

Best of Luck! :)


Note : The above statistics hold true only for the BTech CSE, IIT-Bombay and should not be used to predict a generalized trend for other departments and programmes. I have tried to calculate the figures as accurately as possible however I do not guarantee it to be exact.

18 comments:

  1. Hello Chinmay ....

    Can u plz give details for M.Tech CSE placements(if u have) ...?? It ll be very helpful for M.Tech students ....

    Regards
    Sai

    ReplyDelete
  2. really nice...
    i am also joining cse iitb this year(btech)

    ReplyDelete
  3. Very good information.
    Thanks! for sharing the statistics.

    - Certified Financial Analyst

    ReplyDelete
  4. Really wonderful information here i think and even from the title itslef we can understand the motive of any organisational activities.

    Manpower Consultancy in Chennai

    Hr Consultancy in Chennai

    Recruitment Consultancy in Chennai

    Staffing Companies in Chennai

    Recruitment Franchise in chennai

    ReplyDelete
  5. Thanks for sharing this wonderful information.
    Indian Army Height

    ReplyDelete
  6. This comment has been removed by the author.

    ReplyDelete
  7. Thanks for sharing this amazing stuff, Its really very helpful for me IBPS SO Recruitment 2019

    ReplyDelete
  8. It is really a great and useful piece of info. I’m glad that you shared this helpful info with us. Please keep us informed like this. Thank you for sharing.

    Best Interior Designers in Chennai
    Industrial Architecture
    Warehouse Architect
    Factory Architect Chennai
    Stormwater Consulting Chennai

    ReplyDelete
  9. Needed to compose one simple word yet thanks for the suggestions that you are contributed here, please do keep updating us...
    Data Science Training in Chennai | Latest IT Jobs and Daily Walkins for Freshers

    ReplyDelete
  10. Really insightful and well-written article. Again thanks for your reviews and will definitely be back for some tips and tricks. Such an amazing post !! I am inspired by your work and got some great ideas. It really gives me information that I am looking for. Thanks and keep sharing This is a great inspiring article. I am pretty much pleased with your good work. You put really very helpful information.
    Jashne Eid Milad un Nabi Status 2019
    Jashne Eid Milad un Nabi Naats List 2019
    Jashne Eid Milad un Nabi Wishes 2019
    Jashne Eid Milad un Nabi Images 2019
    Jashne Eid Milad un Nabi Photos 2019
    Eid Milad un Nabi 2019
    Euro T20 Slam 2020

    ReplyDelete
  11. This was really an interesting topic and I kinda agree with what you have mentioned here! summer camp jobs in southern california

    ReplyDelete
  12. Your amazing insightful information entails much to me and especially to my ExcelR Data Analytics Courses

    ReplyDelete