Gradual Decreament in tech graduates placements

The worldwide economic slowdown has led to a fall in the placement of engineering graduates in the country with only a handful of technology schools having reported cent per cent placement.There has been an average decline of 11 per cent in the placement of engineering graduates from 111 technology schools in 2009 compared to the previous year, except for 16 of them which recorded cent per cent absorption, according to the 5th IDC-Dataquest T-School, 2009 survey."The number of companies visiting T-school campuses as well as the number of jobs offered to engineering graduates declined in 2009 due to the economic slowdown," it said.

Of the 54 companies that visited T-School campuses, more than half were from Information Technology and Business Process Outsourcing sector."Only 16 of the top 111 technology schools in the country reported 100 per cent placement in the year 2009," the survey by IDC, a global market intelligence provider, said.As only 16 of the top 111 T schools reported 100 per cent placement, the survey said, "It indicates that more engineering graduates opted for higher studies in 2009 instead of opting for a job."