Punjab Engineering College Placement 2020 witnessed 28 per cent increase in job offers amid COVID-19 outbreak

According to the PEC placement data released by the college, a total of 145 companies, including Microsoft, Arcesium, SalesForce, JP Morgan, American Express, Goldman Sachs, Airbus, Texas Instruments, Mastercard and Amazon, made 461 offers to the students of the 2019-20 batch

Punjab Engineering College Placement 2020: Despite the ongoing pandemic situation, Punjab Engineering College (PEC), Chandigarh, witnessed a 28 per cent increase in the total number of jobs offered during the placement drive this year. According to the PEC placement data released by the college, a total of 145 companies, including Microsoft, Arcesium, SalesForce, JP Morgan, American Express, Goldman Sachs, Airbus, Texas Instruments, Mastercard and Amazon, made 461 offers to the students of the 2019-20 batch (as compared to 360 last year). The placement drive will continue until September 30. The highest package of the PEC Placement Season of ₹42 lakh per annum (LPA) is offered to a total of eight students by Microsoft. Last year, the same company offered the same package to five students. The highest package on offer to the 2017-18 batch was ₹37 LPA.

The average package offered was recorded at ₹10.2 LPA, an increase from last year’s 9.4 LPA. Pre-placement offers, too, increased from 83 to 89. Talking about the 2020 placement drive, PEC director Dheeraj Sanghi said, “Earlier, only those students with above 6 CGPA were allowed to sit for placements. This year, all those who completed their academic credits regardless of CGPA could sit for placements as everyone with a degree from PEC deserves to be considered for placements.” During the PEC Placement 2020, the highest packages are offered to the students from the electronics and communication engineering (ECE) and computer science engineering branches. ECE was able to clinch the ₹42-LPA package, a significant upgrade from last year’s ₹19.96 LPA.

The highest package offered to the students of civil engineering was ₹17.5 LPA, which is an improvement from last year’s ₹10.8 LPA. Meanwhile, the highest package offered to both mechanical and production engineering branches witnessed a drop i.e. ₹17.5 LPA and ₹14.0 LPA respectively, which was ₹21 LPA last year.

PEC placement in-charge Dr JD Sharma said, “44% of all jobs were related to coding. Core jobs formed 25% of all offers while 13% of the jobs were from the analytics sector.” Consulting, operations and finance were relatively less popular with just 10%, 6% and 2% of all jobs on offers, respectively. The official stats also revealed that only 14 students excused themselves from placements this year to pursue higher education. In the two previous batches of 2018-2019 and 2017-2018, 36 and 43 students, respectively, opted to pursue higher studies after graduation. Out of the total jobs offered, only 32 per cent went to girl students. Mechanical engineering, a branch not very popular among girls, saw just 6% placement among girls. In the electrical engineering branch, on the other hand, 40% jobs were offered to girls. Recruiters such as RBS, NXP, JP Morgan and Goldman Sachs purposely hired more females for better gender ratio.

Considering the ongoing pandemic situation, almost 22 companies conducted virtual placements, most of these companies are from the healthcare, pharma, insurance and investment banking sectors. Companies such as United Airlines, which earlier revoked their offers due to the novel coronavirus outbreak, also took students on board in separate job profiles.

Read More:

• PEC Chandigarh Courses & Fees 2020
• PEC Chandigarh Admission 2020