Very few positions for UG students are opened by top consulting firms like McKinsey, Boston Consulting Group, and Bain and Company. Most of these openings are filled by the crème students of top IITs like IIT Bombay and IIT Delhi. These companies have long-standing associations with these institutes and trust their credibility better than other IITs. They don’t feel the need to expand their non-openings to other IITs as they aren’t sure of the quality of students there.
Also, companies tend to hire high rankers which are in plenty at these top IITs. IIT Guwahati, IIT Roorkee, and IIT KGP rarely have exceptionally high rankers like IIT Delhi and IIT Bombay.
As far as banks and companies that hire for Quant Analyst positions are concerned, the MnC program is slowly attracting good offers. Recently even Goldman Sachs visited and other companies like WorldQuant, and Deutsche Bank are expected to follow.
The active Alumni Cell of IIT Guwahati has been helping form good relationships between companies and the institutes because of which many companies have started visiting because of our alumni working in them.