Placements at DTU cross last year's mark

New Delhi: It's boom time at Delhi's newest technological university, with placements crossing last year's mark of 683 with 800 job offers received this year, the institution said on Monday.

The highest pay package offered so far for this year is Rs.11.8 lakh per annum.

For the 2010-11 session, 144 companies have already visited the Delhi Technological University (DTU) campus and made 800 job offers to about 500 eligible students, a university statement said, adding that placements are likely to go on for two more months.

"This further implies that about 115 students have got multiple job offers this year," the statement added. DTU was previously known as the Delhi College of Engineering.

In the 2009-10 academic session, 138 companies had visited the DTU campus and made 683 job offers to approximately 460 eligible candidates in the placement season which went on till June 2010. In 2008-09, 620 job offers were received by DTU students.

The prominent companies which have visited DTU this year include Microsoft, Maruti, IOCL, GAIL, Sony, Yahoo, C-Dot, Nestle, JP Morgan, L&T, Tata Motors, Google, TCS and NTPC, among others.

The largest number of recruiters in the last few years are from the IT and software sector, followed by automobile and allied engineering, civil and construction, and polymers and chemicals, the statement said.

"The emerging sectors where hiring is taking place are knowledge process outsourcing and business analysis, with companies like Deloitte, Goldman Sachs and Mckinsey & Co. hiring students.

"There is also an increase in demand in the construction industry with companies like Bector, Punj & Lloyd, Larsen & Turbo, Ansal Construction (this year), GS Construction, among others, recruiting DTU students in good numbers," the statement.

State-owned transmission major Power Grid Corporation of India (PGCIL), which made the Rs.11.4 lakh offer, has made four job offers.

The average pay package so far is also slightly better than last year at over Rs.6 lakh per annum.

"With recession blues getting over, it is expected that the overall pay package will increase by 10 percent from last year," the statement said.

"It has also been observed that companies are now hiring people in larger numbers than previous years. For example, Deloitte has made 33 job offers, Evalueserve has made 27 job offers and BHEL has made 25 offers, among others, this year," the statement added.

The placements for the first graduating batch of MBA students at DTU have also started from this year. Twenty-two MBA students have been made job offers so far by seven companies, with the highest salary offered at Rs.9 lakh per annum plus allowances.

Speaking about the placement boom at the university, its vice chancellor, P.B. Sharma, said, "DTU prepares students beyond structured curriculum by encouraging industry interface at various levels through guest lectures, industrial visits and project work, which bridges the gap between graduating engineers and professional engineers and makes our students job-ready." IANS