Under the alliance, Monster India will manage and monitor campus recruitment activities of over 10,360 colleges approved by the AICTE with a collective intake capacity of over 36 lakh students from various streams — engineering and technology; applied arts and craft; hotel management and catering; management; pharmacy and architecture and town planning. “Our association with AICTE will allow greater access to students and colleges with a large pool of employers present on our data base and provide relevant job opportunities,” Sanjay Modi, Managing Director (APAC & Middle East), Monster.com, said. Apart from creating and managing the platform, Monster India will also provide facility for practice tests to check employability, identify skill gaps through assessment and suggest proactive measures to overcome it. The AICTE is the statutory body and a national-level council for technical education, under the Department of Higher Education, Ministry of Human Resource Development. – Courtesy / Take a Look at http://www.monsterindia.com/
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Category Archives: Placements
Money Control News | Dec 11, 2017 | Opinion |
AICTE data suggests that less than half the of engineering students in the country have got jobs through campus placement over the last five years.
Technical education institutions in India, particularly those that offer BE (bachelor of engineering) and B Tech (bachelor of technology) courses, are running at 49 percent capacity, according to a report by the Financial Express. The report also stated that according to data from All India Council for Technical Education (AICTE), less than half the students passing out of these courses have found job via campus placements in the last five years. The job placement figure is even worse if you see only the standalone figure for last year, which stood at a paltry 40 percent. After a series of extremely disappointing numbers like these, the apex technical education body of the country – the AICTE – is now considering asking colleges with less than 70 percent occupancy to wind up and shut shop. This shocking situation also gained prominence after various reports online suggested that the quality of education in the country is worsening. The reasons for such a poor state of affairs are various, including corruption at various levels, poor infrastructure facilities like labs, and lack of skilled teaching faculty.
Factors like these are hampering the quality of graduates these colleges are churning out every year. External factors like poor connections with an industry body add insult to injury. However, industry stalwarts have a different take on the story. RC Bhargava, Chairman of Maruti Suzuki, who is also Chairman of IIT Kanpur, was quoted by Financial Express as saying, “Most of the graduates don’t know the basics of engineering. The reason these vacancies keep increasing is because graduates can’t find jobs. That’s because employers don’t think they are worth employing. Most people will tell you that 80 percent of engineering graduates are not employable.” Experts also blame market factors for this situation. In the wake of the dotcom bubble during the late 90s and early 2000s, when the IT industry saw a rush of software-related jobs, companies were in dire need of engineers. The situation was so grave that employers even chose to ignore a candidate’s branch of engineering, if he or she could code. DK Subramaniam, professor at IISc, said that private players have now stepped up in order to keep pace with the booming demand but government institutions have stayed away from the software engineering branch. Although this helped calm things down back then, the situation turned serious when scrupulous institutions started cropping up by the hour. The situation has resulted in a vicious circle in which low quality engineers are forcing the industry to hire less. Reduced demand in turn results in lower number of people choosing to enter the field. Unless and until universities step up their game, courses like BE and B Tech will continue turning more and more unviable by the day. – Courtesy
Engineering colleges vacant seats: Students alert! The horrific nature of the situation revealed
The Financial Express | December 12, 2017 |
That engineering colleges across the country have failed for some years to fill their seats was known—but over half the seats in the country remaining vacant in 2016-17 is shocking indeed.
That engineering colleges across the country have failed for some years to fill their seats was known—but over half the seats in the country remaining vacant in 2016-17 is shocking indeed. As per The Indian Express, 51% of the over 15 lakh seats in over 3,900 engineering colleges in India had not been filled last year. There are many factors to blame, from an explosion of career choices, professional courses and relevant employment opportunities to the general decline in demand for engineers, mainly in the IT sector. The IT sector fuelled the mushrooming of engineering colleges in the country; as the nature of IT employment changed over the years with greater focus on technologies like cloud and digital—and automation entered the workplace—appetite for engineering courses that geared one for a traditional IT job waned. Similarly, employment opportunities in other engineering disciplines had also thinned—somewhat compensated by IT till a few years ago—except for a few core disciplines like mining/metallurgy, civil, mechanical, etc. However, engineering education has been hit the hardest by lax quality-checks even as engineering institutes proliferated. As a result, recruiters have gotten very selective over the last couple of years—the IT boom had meant the exact opposite. Various studies finding a large chunk of engineering students unemployable—the oft-cited Aspiring Minds study found 80% of 150,000 engineering students across 650 engineering institutions unfit for engineering jobs—has only highlighted the problem, making recruiters even more cautious about quality. Most of the blame for this lies at the door of the technical education regulator, AICTE. The AICTE has been more than generous with granting approval even as it has turned a blind-eye to the infrastructure and instruction quality at the institutions it approved. Many well-meaning experts have suggested putting a moratorium on AICTE approvals for some years. However, that is no solution because such a move will also choke off creation of educational infrastructure in a country that is looking to improve its gross enrolment ratio in the tertiary education age population. Instead, setting strict standards of quality for approval and cancelling the approval of existing institutions that fail to meet these—perhaps through a new regulatory framework—works better. – Courtesy
The Economic Times | Rica Bhattacharyya | Varuni Khosla | ET Bureau| Dec 07, 2017 |
A final year student of economics at Delhi’s Lady Shri Ram College for Women (LSR) has bagged a salary offer of close to Rs 38 lakh a year in a robust placement season that has seen recruiters loosen their purse strings to scoop up some undergraduates at higher than average packages offered at some of the elite engineering or business schools. The highest offer to the LSR student for an overseas role in the first round of placements this year, which tops last year’s best offer of Rs 34 lakh at the college, was made by Bank of America Merrill Lynch, people aware of the matter told ET on condition of anonymity. A spokesperson from the bank refused to comment. At St Stephen’s College this year, the highest offer so far has been of Rs 20 lakh from Boston Consulting Group, which has offered a similar package to an SRCC student, both for domestic roles. Such offers are higher than the average salary offers of Rs 10-15 lakh per annum for fresh graduates at the premier IITs. Postgraduate MBA students at the likes of IIM Indore and IIM Kozhikode get average salary offers of Rs 16-17 lakh.
A student at Delhi’s St Stephen’s College had last year got an even higher top salary offer of Rs 40 lakh from management consultancy Arthur D Little Middle East, but this year average salaries have soared up to 50% in leading colleges, making this a significantly better placement season. Average salaries have risen in colleges including Hindu College, Shri Ram College of Commerce (SRCC), St Xavier’s College in Mumbai and Loyola College in Chennai, according to placement officials. The number of offers has risen as well this year in the season that began in August at some colleges and will run intermittently till the end of the session next year, they said. “This year the number of students every company is hiring is much more,” said Soni George, placement convener at St Xavier’s College, Mumbai, without disclosing exact numbers. Saurabh Chhabra, co-president of the placement cell at Hindu College, said the college has already met more than half its target for this year.
“Students of the current batch have been placed faster than ever in the history of our placement cell. Till date, we have striven hard to achieve 64% placements. But this year we are highly confident about achieving the target of 95% placement rate,” said Chhabra. The college has so far placed 47 students, up 33% from last year, he said. Professional services firm Deloitte, the top recruiter at SRCC with 39 offers for domestic roles, cited value in hiring fresh graduates as the reason for the high number of offers. “We see great value in hiring undergraduates. Globally, our model is to hire them as analysts and then based on merit and performance transition them into consultant role within a couple of years,” said Debabrat Mishra, partner consulting, Deloitte. “They are far more open to learning and working hard, and they do not see any work beneath them, unlike B-school grads. For us, this pool will expand.” According to placement officials, average salaries are lower at these colleges than engineering or business schools because humanities students included in the placements generally get lower offers. “The market this year is a little better despite the general muted economic sentiment,” said Soni George of St Xavier’s College, Mumbai. “When business is going through a crisis they need consulting companies and that might explain the spurt in demand for people from these firms.” At SRCC, 97 of the 450 students who registered for recruitments, received job offers in the first round that concluded recently. “Maximum number of students have shown a keen interest in consulting and investment banking profiles,” said Smita Sharma, associate professor and placement convener at SRCC. At LSR, 54 students have got offers so far, according to the people cited earlier, while 23 of the 90 interested students at St Stephen’s College have been placed. Loyola College is close to the half-way mark, having placed 74 out of 150 students who registered for placement. – Courtesy
The Hindu Business Line | New Delhi, 07 November 2017 | PTI |
BT Online | New Delhi | November 6, 2017 |
Although a lot of Indian engineers and IT professionals are recruited in the biggest companies, not all of them come to the country for placements. For instance, Apple. Breaking from that pattern, the tech giant is set to come to an Indian engineering college for the first time. Apple will be coming to International Institute of Information Technology, Hyderabad (IIIT-H) for recruitments. A report in Times of India mentions that TV Devi Prasad, head of placements said that as of now, they are not sure what kind of profiles Apple Inc will be offering them. He further added that this will enable the students to showcase their skills before the firm.
“The requirement for hardware engineers is high this year with many companies looking forward to hiring students with knowledge in application-specific integrated circuit and design verification. There is also high demand for students who have knowledge into 2D-3D graphic in mobile communication,” said Prasad. According to reports, 350 students across BTech, MTech and MSc research have registered for the placement drive. Not only Apple, Microsoft, Google and Philips have also registered with IIIT-H for placements. The placement drive will take place in December. – Courtesy
Economic Times | Brinda Dasgupta | ET Bureau| Oct 27, 2017 |
The upcoming placement season may be muted compared to last year’s recruitment drive, but engineering graduates still have reason to cheer. Startups across sectors are heading to the Indian Institutes of Technology and other engineering colleges to pick the best and brightest of talent. Up for grabs are roles of data analyst, AI engineer, user-experience engineer, mobile software developer and augmented reality engineer, with annual pay of Rs 9-16 lakh. Paytm, Exotel, Pepperfry, Voonik, Go-Jek and Razorpay are looking to cherry-pick talent from among 10,000-plus students graduating in 2018 from IITs and thousands more from other engineering colleges. New-age companies are focussing on expanding their technology teams and roles in data science and machine learning are commanding premium salaries, said Rohit Chokhani, principal founder at Mumbaibased early-stage venture capital firm White Unicorn Ventures.
“In the last year, the 21companies in our portfolio hired more than 200 in technology roles and this year we’re expecting at least a 30% increase over that. Across the startup ecosystem, technology hiring may grow by at least 15%.” Go-Jek, the Indonesian hyperlocal transport, logistics and payments startup, plans to hire about 30 techies for its India development centre. Freshers will be put through a two-month boot camp on coding, DevOps, design and user experience, followed by 10 months of rigorous mentoring by senior developers, said Sidu Ponnappa, director of Go-Jek. They can expect packages upwards of Rs 16 lakh. Paytm, an e-payment and ecommerce platform, has already made 25-30 offers across the National Institutes of Technology and other regional engineering colleges, said Manav Jain, associate vice-president of the Noida-based company. “Those with strong coding skills irrespective of programming language, strength in data structures, algorithms and problem-solving skills will be preferred,” said Jain. The company is looking to fill software development, machine learning and data science roles. Paytm piloted an internship programme at five engineering campuses this year. These interns will complete part of their curriculum at the company by working on live projects and will be mentored by senior colleagues. They will be offered the option of coming on board on a full-time basis.
‘MID-SIZED STARTUPS BEST OPTION’
In the current scenario, mid-sized startups are the best option for a fresher, according to Siddharth Ramesh, chief technology officer at cloud telephony company Exotel. “They have none of the elaborate processes of large corporates that sometimes hinder learning and none of the chaos of small startups where things are constantly changing,” Ramesh said. Big data is also an area in vogue, with not just Paytm but Razorpay also looking to ramp up this profile. “We will hire 30-odd people to work not just on big data, artificial intelligence and mobile software development, but also front-end and back-end development,” said Anuradha Bharat, head of people operations at Razorpay. Salaries are expected to range from Rs 15 lakh to Rs 25 lakh, a 30% increase from last year. Exotel plans to hire at least 10 graduates for its software engineering and site reliability engineering teams.
While skill sets are not paramount, what is more important is the ability to keep abreast of changing trends and the ability to use multiple technologies simultaneously, said Ramesh. “Those with the capability to take complete ownership — from writing and monitoring code to deploying it into production systems — will be preferred,” he told ET. At fashion technology startup Voonik, almost 25 posts in software development, DevOps and data analysis will be filled. A new role that the company is introducing this year is that of a business analyst, meant for engineers who are good with numbers but not keen on coding, said Sameer Nandan, head of HR. Techies can expect salaries starting at Rs 9 lakh and going up to Rs 16 lakh. Mumbai-based Pepperfry will be hunting for techies who can work on bolstering augmented and virtual reality offerings. The Mumbai-based startup will also hire freshers to work in core Java, machine learning and big data, Deepak Sharma, head of product development, told ET. The 100-strong technology team will be ramped up with a few dozen new members.- Courtesy
The Hindu | Chennai , October 14, 2017 |
HC poses questions to six IT firms
The Madras High Court has called for details regarding placements in engineering colleges after suspecting that most campus interviews were conducted only with the aim of boosting the image of the colleges and gaining more admissions than getting the students placed in good companies. Passing interim orders in a related case, Justice N. Kirubakaran said: “This court cannot ignore the serious allegations of certain corrupt practices against some of the private colleges and companies and this court is of the view that a mechanism should be evolved even for conducting campus interviews for recruitment.” He later posed a set of seven questions to top six IT firms in the country and sought their reply by October 23. The questions thrown to them were: “How many campus interviews had been conducted from 2010 to 2017 in various engineering colleges in Tamil Nadu? How many colleges and what are the names of the colleges which were chosen for holding campus interviews by the private respondents? What is the yardstick followed by the private respondents while selecting the colleges for conducting such campus interviews?
“How many students have been selected in such campus interviews conducted from the year 2010 to 2017 and the list of those students? (year wise, college wise and company wise particulars to be furnished). Out of selected candidates, how many of them have been given placement orders? (year wise, college wise and company wise particulars to be furnished). “Is it a fact that certain colleges are chosen for campus interviews only to boost the image of the concerned college and for admitting more students, as more than 500 colleges are located within Tamil Nadu? Whether Anna University is aware of this kind of allegations made against the multi national companies and the engineering colleges?” The judge also directed National Association of Software and Services Companies (Nasscom) to file a report from 2010 to 2017 on surveys conducted by it about the employability of engineering graduates and the opportunities available for them. – Courtesy
India Education Diary | September 14, 2017 |
Delhi: All India Council of Technical Education, under which more than 10,300 technical institutions & about 80 Lac students are regulated, today signed an MOU with Youth4work.com, a leading assessment and Skill profiling portal in India which has over 21 Lac Youth across India tested and profiled for their skills. The aim of the MOU is to get all students under AICTE to get access to Youth4work’s Skill based test online for Building their skill profiles and get Internship & Job opportunities. All AICTE approved institutes & students studying in 1st years to Final year will benefit from this collaboration. Dr. Anil Sahasrabudhe, Chairman of AICTE says, “The need of imparting right skills for institutes and finding the right person with skills for employers is one of the key challenges that India faces in this era. The platform with its unique way of skill based testing & profiling technology for youth is a powerful way to address this need.” “Now all Students can give an online talent test on Youth4work, which builds their online skill profile and enables thousands of employers to find and contact them based on the skills for the internships and Jobs that they have. We encourage all institutes and students across India to build their profiles and showcase the skills directly to the recruiters associated with us.
Rachit Jain, CEO of Youth4work says, “Being an engineer myself, I really believe that there is no dearth of Skills in Indian Institutes, The challenge for every student in India is to identify his/her own talent and showcase it in front of the world. India has 16 Lac technical students graduating every year, which is more than population of most cities across the world. The problem that companies are facing today is to find the right person for the right job with the right skill set and that’s what Youth4work is trying to do by showcasing the uniqueness and skills in front of employers” “We believe that every person is unique and employable. Our technology and assessments allows students to give any of the 500+ skill test that we have online and get ranked. More than 20 Lac youth globally have built their profile and over 12,000 employers use our platform. With this tie-up we aim to profile 10 Million Youth across India in the next 18 months” With governments initiative like Digital India, Startup India and Skill India and the focus of AICTE on Providing Skill based outcomes and trying to improve quality of education, this is an interesting development which has powerful use of tech that allow Millions of Youth in India to be publically profiled, searchable & contactable for their skills. It provides a platform to the students across the nation even from remote towns to showcase themselves. Hopefully we will see extensive participation from all institutes under AICTE in this. –
Courtesy / https://www.youth4work.com/ – Youth4work – Competitive Exam Preparation, learning new skills, talent assessment and getting a job has become much easier! Click hereto download the mobile app – Android : https://play.google.com/store/apps/dev?id=4804375862035154346&hl=en – Ios: https://itunes.apple.com/us/developer/youth4work/id1032749142
India Education Diary | September 14, 2017 |
Bengaluru: HireMee, a digital portal and mobile application, has joined hands with All India Council of Technical Education (AICTE) to connect thousands of recruiters with tens of thousands of students spread across mini metros and deep interiors of the country with the first of its kind skill testing recruitment platform. Under the agreement HireMee will provide its unique placement solution to students of colleges and institutions affiliated to AICTE. The Council will, in turn, support HireMee to expand the scope of its portal and app by helping expand its reach among AICTE accredited institutions. Dr Anil D. Sahasrabudhe, Chairman of AICTE, said, “HireMee is a dream come true app for the youth looking for jobs. By locating the right candidate for a job, HireMee will not only bridge the “recruiter-student” gap but will also contribute to employment generation in the country especially the rural literate population. The MOU was vetted by AICTE teams to assess its value to the student community.”
Mr Chocko Valliappa, Founder, HireMee said, “We aim to flip the current recruitment model where most recruiters work on tight budget visiting only a handful of top ranked institutes in the respective field for campus placement. Students from other lesser known and far off institutes are left out of the campus placement. We have lots of brilliant students in these institutes and we want all of them to realize their potential to the fullest. HireMee does not charge students for accessing its portal and app and at the same time ensure that they get jobs commensurate with their skills and capabilities.” The memorandum of understanding (MoU) between AICTE and HireMee was signed by Dr Anil D Sahasrabudhe, Chairman, AICTE and Mr Chocko Valliappa, Founder, HireMee in the presence of and senior officials from AICTE and NASSCOM at New Delhi on Tuesday at New Delhi.
Recruiters to get Skill Assessment Score in pre-assessed student profile
HireMee conducts free skill assessments for students by giving them a 7-digit score that goes into their pre-assessed profiles. Students can upload their video profiles through the mobile app. These two features provide the recruiter with a detailed analytics of each candidate. The employers can then shortlist candidates directly from the HireMee website or mobile app. Mr Chocko Valliappa added, “We aspire to conduct one million job assessments in 2017-18 so as to generate 100,000 jobs by 2018 end. The MOU with AICTE will help us move a step ahead and help us bridge the “recruiter-student” gap.
Helping companies Discover Their Diamonds
HireMee, a social enterprise of Vee Technologies, a Bengaluru and New York based strategic services company, grooms and channelizes the young minds to achieve their career dreams and helps the recruiters get pre-assessed candidates. Since opportunities for campus placement in Tier 2 and Tier 3 cities are limited the students have to hunt for job often ending up with one that is ill-suited to them. HireMee aspires to connect millions of students across India with a wide range of recruiting companies.
• Direct connect
Connects recruiters with students and colleges faster and with ease
• Video profile
Minimizes assessment time
• Pre assessment
Students Knowledge, Skill and Personality shine
• Minimal logistics
We go to hundreds of institutions saving everyone time and money
• Higher Reach
Thousands of companies connect to millions of students – Courtesy /
Click here to download the mobile app—–> Andriod: https://play.google.com/store/apps/details?id=com.mobility.hiremeeapp / Ios: https://itunes.apple.com/in/app/hiremee/id1210630369?mt=8
India’s largest Employability Skills Test by Wheebox launched in association with AICTE, UNDP and CII
India Education Diary | July 21, 2017 | New Delhi | New Delhi |
Leading Employability Assessment Company Wheebox in association with premier consortium partners AICTE, Confederation of Indian Industry (CII), United Nations Development Program (UNDP), Association of Indian Universities (AIU), Pearson Education and India’s leading HR technology outsourcing firm PeopleStrong launched India’s largest Employability Skills Test across 29 states and 7 UTs on the occasion of ‘World Skills Day’. The final year graduates, post-graduates and diploma holders from engineering, polytechnic, ITIs, state-run colleges & management schools can take part in the Wheebox Employability Test (WEST). The registration for online assessment for educational campuses commences on 15th of July on wheebox.com/west and last date of conducting proctored examinations across campuses will be 30th October, 2017. Students can register online at wheebox.com/west and take an online test measuring individual abilities in numerical and problem solving skills along with English, basics of information technology (IT), and behavioral traits. The duration of the online test is 70 minutes and is available in both Hindi and English. The assessment test provides initial transcript and detailed scorecards for each module to the candidate highlighting the strengths and improvement areas. These scores are shared with 110 organizations across 10 Sectors in India aiming to give the candidates a snapshot of their capability.
In a span of 100 days over 5000 campuses and a million of candidates will make it the largest study on employability anywhere in the world. Last year the study encompassed over half a million candidates from talent supply and from demand side over 150 large corporations from 15 sectors participated in the study. The employability test attempts to make a meaningful matchmaking between talent demand and supply for the job market. The study and findings will be part of India Skills Report 2018 which will be published during Global Skills Summit on November. Speaking on this occasion Nirmal Singh, Founder and CEO of Wheebox said, “Last year over 30,000 new employment opportunities were provided to young graduates from campuses as an outcome of the initiative. This partnership brings a new dimension and understanding to the way India and the global world looks at hiring skilled talent. The report provides an insight into the future jobs and skills required by employers also the hiring trends of the market while understanding the needs of the job seeker and organizations”. “Our past reports have been stating that businesses are struggling to recruit the right people, with a lack of general employability skills including soft skills such as communication, learning agility and team work cited as the primary problem (64 percent). This sentiment may dampen business productivity, ultimately threatening future growth and profitability; India Skills report addresses this concern and enables the academia and industry to make informed decisions.” – Courtesy / Click here to register for Wheebox Employability Skill Test
Business Today | BT Online New Delhi | July 18, 2017 |
At a time when India’s IT industry is facing massive layoffs, it has been reported that one of the country’s top engineering colleges BITS Pilani managed to get 86 per cent of the overall batch placed this year with some of its students getting as much as Rs 60 lakh per annum. According to a report in the Economic Times, BITS Pilani secured an average salary of Rs 11.07 lakh against Rs 10.33 lakh last year. “The highest on-campus international package of Rs 60 lakh was offered by Tokyo-based Works Application, one of Japan’s largest enterprise software companies,” the report said. Another Japanese company Daikin offered a package of Rs 59.5 lakh. For domestic roles, the highest salary was Rs 35 lakh which was offered by California based cloud computing software company Nutanix. Other highest payers include Schlumberger (Rs 32 lakh), Arcesium (Rs 29.5 lakh), DE Shaw (Rs 28.5 lakh), Amazon (Rs 27 lakh) and Directi (Rs 26.8 lakh). Chief placement officer-India & Dubai at BITS Pilani University G Balasubramanian told the ET that the university’s three campuses-Pilani, Goa and Hyderabad-saw a total of 646 recruiters, 38 more than the last year. He further said keeping the overall hiring environment in mind, the institute had advanced its placement season by a week across semesters to gain an advantage.
“Attractive slots in the dream week helped us garner a good market share of our key recruiters. Also, shifting our focus on core engineering and analytics in 2017 versus IT in the previous years proved critical in surpassing last year’s numbers,” Balasubramanian was quoted as saying. Earlier in May, software companies like Cognizant, Wipro and Infosys reportedly laid off employees on a massive scale. The move came after the growth in India’s 150-billion dollar IT industry slowed down more than anticipated. Country’s apex trade body ASSOCHAM had warned about industry’s growth prospect in May and said: “Aggravated by rising rupee leading to lower realizations for software exports, the Indian IT firms may be forced to displace work force. In that case, the chances of layoffs are real.” Barely a week after this warning, country’s third largest software services firm Wipro fired hundreds of employees as part of its annual “performance appraisal”. Wipro laid off around 600 employees, while many predicted that number to go as high as 2,000. – Courtesy