Wednesday 5 December 2012

IIT PLACEMENTS AND THIER SALARY DETAILS

IMPRESSIVE PLACEMENTS IN IIT,INDIA

IIT Bombay- Many as 35 companies made 160 offers on Sunday with Samsung leading the list in terms of number of offers. In terms of salary package, Sriram Bhagwat of IIT Bombay has been offered USD 1.5 lakh (Rs 80 lakh) per year by Samsung. 


IIT KANPUR-After hogging the limelight for one of its students bagging a mammoth Rs 72 lakh annual salary package last year during the campus placement drive, IIT-Kanpur is in the news again for the same reason. Rocket Fuel, a USA based company that came to the institute for the first time this year, has offered four students of IIT-Kanpur an annual CTC package of $1.30 lakh, which equals Rs 70 lakh in Indian currency.

IIT KHARAGPUR-Multinationals CitibankCoca Cola and Amazon on Sunday entered the fray at the Indian Institutes of Technology, where both salaries and the number of offers have topped last year's figures in the first two days of the annual placements.Day 2 of the event saw offers of international postings and an average salary of 10 lakh at the Guwahati campus and 20 lakh at IIT Kharagpur. The line-up of companies wanting to tap Indian talent included eBay, PayPal, Accenture, Nomura, Flipkart and SISO (Samsung India Software Operations), American Express, Schlumberger, Qualcomm, Adobe, Walmart, Morgan Stanley, Oracle, Johnson Matthey, Epic and Directi. Microsoft, GoogleFacebook and Samsung, with salaries ranging from $120,000 to $150,000 for positions based primarily out of the US and Korea.

IIT MADRAS-The placement season in IIT has started. What has come as a surprise is a top offer provided by South Korean multinational conglomerate Samsung to a computer science student in IIT Madras. The technology giant has offered a package of Rs 81.6 lakh.Google has occupied the next position in offering a PPO pre-placement offer) to a student IIT. He has been offered a package of Rs 73 lakh.The first day of placement saw big recruiters like Boston Consulting Group; Deutsche Bank Group; Goldman Sachs; ITC, Google, Sony (Japan), Facebook, Morgan Stanley, Microsoft amongst others. Average domestic salaries are in the mid-Rs 20 lakh range on the first day.


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