IIT-Madras’ “Placement Trend Good” in the Face of Concern Over Massive Layoffs

The Indian Institute of Technology, Madras has stated that “it is not facing any dip in placements” despite reports of job cuts by multinational corporations both internationally and in India. According to Professor V. Kamakoti, the Director of the prestigious institute, the placement trend “has been good” with top companies, including MNCs, coming for recruitment.

However, Mr. Kamakoti added that rather than relying on multinational corporations, students on campus are encouraged to start their own businesses or to work for companies established there. “In this way, we will own all of our intellectual property and development, and everything will be located within our borders. The IP will play a crucial role, he predicted.

“This time, our own start-up is the sixth largest recruiter,” he continued.

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India’s top institute is IIT Madras.

However, the prestigious university has already recorded three off-campus and on-campus suicides this year. The Director of the Institute claimed that these incidents have “shattered” the campus and attributed student suicides to COVID’s negative impact on student socialisation.

“Our M Tech students from two batches received their degrees without ever setting foot on the campus. The reason is a lack of socialising and backlogs during the online learning phase when students are learning from remote locations using shoddy internet. It’s really opened our eyes,” he said.

IIT Madras has launched a number of initiatives, such as the “Be Happy” website, which aims to create a campus that is free from stress, and “Kushal meetings with faculty,” which aim to encourage students to adopt a positive outlook. As part of this, various schemes are also in the works. “We are extending ourselves as much as we can. We’re hoping this will work,” he said.

Even though IIT aspirants frequently enrol in private coaching programmes to help them pass the challenging joint entrance exams, some successful applicants find it challenging to handle the demands and pressures that come with being admitted.

A 32-year-old PhD Research Scholar recently committed suicide in his room away from the campus. The student had written “Sorry, I am not good enough” in a WhatsApp status before being discovered hanging in his room.

A third-year BTech student and a research scholar committed suicide earlier this year on the IIT campus in Chennai.