Bengaluru: Engineering campus placements see hike in offer; ML, AI trending | Bengaluru News – Times of India

BENGALURU: With final placements starting in several top engineering colleges in Bengaluru, the institutions are expecting good response from companies and an increase in salary compensation for graduating students.
On day one of the placement drive in RV College of Engineering last week, US-based start-up Clumio made a Rs 45.7-lakh annual compensation offer — the highest yet — to two candidates. California-based data software company Fivetran selected six candidates at Rs 40 lakh per annum CTC.
“There is a 20-30% rise in the CTC (cost to company, or all-inclusive pay package) offered to our students compared to the previous batch. Twenty-three companies have extended 161 offers in which 119 are in the category of Rs 10 lakh and above; 36 in the category of Rs 20 lakh and above; and 12 in the bracket of Rs 30 lakh and above,” said RVCE principal KN Subramanya. Girl students bagged 30% of the offers. He added that all branches of engineering have opened their account in the very first week, which is “unusual”.
Students are getting more offers, better pay packages
PES University said the highest annual compensation yet is Rs 40 lakh. Registrar KS Shridhar said they expect to see companies hiring a larger number of students this year. “At least 73 of the 120 pre-placement offers got converted into final placements,” he said.
Savitha Rani M, head, training and placement department, Ramaiah Institute of Technology (RIT), agreed that the trending areas are ML, AI and data science. “The companies are asking for students who have completed projects in these areas,” she said. RIT started the 2022 placements in June. “The virtualisation has opened opportunities for students from companies of all parts of the world,” Savitha pointed out.
SY Kulkarni, additional director, BNMIT, said students are getting more than one offer and better pay packages due to an increase in competition in the job market. For example, there is a big demand for AI & ML, full stack developer, data science and cybersecurity roles. “Students who have done certain certifications are being picked up fast. There is increase in internship offers too,” he added.
‘Response may get better than last year’
University Visvesvaraya College of Engineering started its final placements three weeks ago.
“Computer science, information science and electronics and communication continue to trend. Companies are hiring 10% more on campuses. Thus, the response is likely to get better than last year. Companies are lined up every week till September,” said BM Rajprakash, placement officer at UVCE.
“The demand for niche areas like coding, artificial intelligence, machine learning and the internet of things has gone up. We expect companies to take more students and increase the average salary.”
KS Shridhar PES university registrar Savitha Rani M, head of training and placement department, Ramaiah Institute of Technology (RIT), said the trending areas were ML, AI and data science.


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