Placements at Pune campuses start off well

In spite of slowdown on account of conflicting economic and political scenarios in the West and the Middle-East, campus placements in Pune have witnessed an overall rise since July 2011.

Cutting across sectors, manufacturing and other core companies are emerging as strong recruiters on management and engineering campuses in the city.

Heads of placement cells at the city’s management and engineering colleges said that this year they are expecting a 10% rise in placement figures over last year.

Director of city-based Symbiosis Institute of Business Management (SIBM), Vivek Sane, said, “Though more companies have come to the campus this year, they have picked up less number of candidates, so the recruitment is almost the same. With two more months to go before the placement closes, we are
expecting a 10% rise.”  

“The IT industry is playing safe this year, but the core companies are approaching us, rather than the IIMs that demand a higher package,” he said.

Being precise about the positive trends in campus placement at the MIT School of Business (MITSOB), associate director, N Ramgopal, said, “This year, there is a rise in number of companies visiting the campus, as well as the package level offered. The slowdown has affected only specific companies this year, with placements taking place mostly in the fields of marketing, education, engineering, manufacturing, HR and IT. The average package this year is anything between Rs4.15 lakh and Rs8 lakh per annum.”

“This year, over 70 companies have already visited the campus and we expect the number to cross 100 by the time the placement season closes,” he added.

Engineering campuses too had a reason to rejoice this year. The training & placement officer at College of Engineering, Pune, (CoEP), Sandeep Meshram, said that this year showed better signs of placements over last year, with more recruiters coming from core industries than the IT sector.

“Almost 90% of our students are already placed and we are in the second phase of placements. This time, the core companies are more stable, offering bigger packages than the IT sector. The US-Europe slowdown has affected our economy, but it is limited to a few sectors,” he said.

“Manufacturing companies are offering Rs4 lakh per annum at the starting level, which is more than the IT companies that offer Rs3 lakh. Though the slowdown in the US or European Union is not a big concern for the Indian economy, the IT sector is playing safe and is not going for bulk recruitments,” said Virendra Pawar, head, training & placements, Vishwakarma Institute of Technology (VIT).
Seconding this opinion, head of placements at ASM Group of Institutes, Amitabh Pande, said that the IT sector has been cautious since July last, as the institute witnessed an increase in offers from marketing & sales, HR and manufacturing sectors. However, he said that he expects no major increase in recruitments.