The Economic Times
12,248.2567.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

Topline recruiters make beeline for emerging engineering talent

Top recruiters get early slots at premium engineering colleges based largely on salaries and profiles.

, ET Bureau|
Updated: Dec 07, 2019, 06.02 PM IST
0Comments
Agencies
1
Even Microsoft, one of the top paymasters at the campuses, is hiring for both international and domestic roles from tech schools.
Star recruiters are queuing up at the Indian Institutes of Technology to hire top tech talent from the class of 2020. In an action-packed season, top recruiters such as DE Shaw, Oracle, Ola, Microsoft, Flipkart, PwC and even Masayoshi Son's Softbank are upping their hiring numbers from the campuses this year as they are looking at young engineers to digitise and automate solutions and processes.

For instance, DE Shaw India is making 30% more offers to students (about 140) from the engineering colleges for internships and full-time roles this year compared with last.

"Technology is in our DNA. We think of ourselves as a versatile technology laboratory, full of innovators and talented engineers solving unique problems," said Lakshmi Prasad Koneti, director of technology and operating committee member of DE Shaw India.

Even Microsoft, one of the top paymasters at the campuses, is hiring for both international and domestic roles from tech schools.

“We continue to be optimistic about the quality of talent at the IITs and other top colleges in India and expect to exceed the number of offers we’ve made in previous years,” said a Microsoft spokesperson.

Like last year, Microsoft, the Redmond-based tech company, made international offers of upwards of Rs 1.5 crore at the Indian Institutes of Technology (IITs) this year too. “India is a source of strong engineering talent for Microsoft,” said the company’s spokesperson.

“We hire talented people globally. We are doing recruitment activity in many countries…would like to refrain from saying how many we hired, but they are for software engineer roles,” confirmed a Softbank spokesperson in an emailed response. The fresh hires would be located in Japan.

Oracle, PwC and Ola too are visiting most of the premium engineering colleges, including the Indian Institutes of Technology (IITs) and National Institutes of Technology (NITs), this year.

Oracle has 40,000 employees in India which comprises one-third of the total workforce. “Campus hiring plays an essential role in providing thousands of students the opportunity to work in Oracle,” said Gunashekar Govindan, vice president-talent acquisition, Oracle JAPAC.

“The total volume of graduates hired by the company has increased significantly in 2019, and likewise in 2020. Oracle hires across a number of positions, including the management schools, while the vast majority of activity is focused on engineering schools and STEM,” said Govindan.

Ola is looking to hire around 150 students from the campus which is almost double from last year.

It is looking at offering roles that include research engineers (data science), software development engineers, business analysts, product analysts, product managers, program managers, operations managers, among others.

Among the colleges that Ola plans to hire from include Indian Institutes of Management - Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, Shillong, Indore, IITs - Delhi, Bombay, Kanpur, Kharagpur, Roorkee, BHU, Madras, besides other colleges including the IIITs and NITs.
1


PwC, which has 15000 employees in India, is looking at hiring over 1000 from the campuses for the rolling 12 months. “High-quality engineering and management professionals will continue to be in demand. Traits like digital acumen, strong analytical skills and the ability to connect the dots are highly sought after," Padmaja Alaganandan, Chief People Officer, PwC India said.

The final placements at the top IITs including Bombay, Delhi, Kanpur, Madras start from December 1 while at the new IITs, the final placements start a bit early. Among the engineering colleges in the country, NITs are the first to begin the final placements in August. Top recruiters get the early slots based largely on salaries and profiles.

Also Read

EPFO notifies new rules for stenographer's recruitment

All railways recruits to be inducted through UPSC: Chairman

Parliamentary panel for regular recruitment, use of technology by MOSPI

Infy mirrors India plan: Eyes more campus recruits in US

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

    In Case you missed it


    Other useful Links


    Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service