Job Market: Due to the financial crisis in the world, many leading companies are also acting cautiously in terms of job placements. Smaller companies, however, are cutting costs. Job placements have stopped. Those who are there are also being removed. Due to the lack of encouragement from companies, even students who have studied in leading universities and colleges in India are not getting jobs. Similar is the situation of students studying in foreign universities. The situation is mirrored by the fact that students who have studied in IIT Bombay are being given jobs with an annual salary of Rs.4 lakhs. There seems to be a feeling that even if you study in famous colleges, you will not be able to pay more. Already coggigent per month Rs. 20 thousand job notification has been released. However, the company also gave an explanation. But, now Bombay IITians are also not getting good salaries which is causing concern.
Previously with a package of Rs.
In the past, companies used to give jobs to students who studied in IIT Bombay with a salary package of Rs. But hiring with the lowest package of Rs.4 lakh is a reflection of financial crisis. However, the number of students joining jobs is indicative of the current job market situation. If you look at the global organizations.. Barats are still doing some job placements. Regardless of salary, most, if not all, are getting offers. But the situation is worse in countries like USA, UK, Australia and Canada. There are new jobs and it is not known whether the existing jobs will remain or not.
Opportunities not available to everyone..
Of course, not all graduates from IIT Bombay get placements. Many multinational and Indian companies come for placement interviews, but students choose carefully. Some even got jobs with a package of Rs. A total of 364 companies have offered. 1,650 people got jobs and 22 students got packages worth crores of rupees. No matter what these packages are, the numbers are lower than before. Out of 2,414 students, 1,979 participated in campus placements and 1,475 received offer letters. 78 students got jobs abroad. The rest are still unemployed.
Engineering students are worried.
Engineering college students in the country are now worried about the job market, as IIT students earn Rs. They fear what will happen to them if they have to accept 4 lakh offers. The worst situation is for the students studying in America after spending lakhs of rupees. A lot of people are going back home because they cannot find jobs. Related sources say that the situation will worsen in the coming years.