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IIT-Bombay placements: Highest offer is Rs 80 lakh!

Mumbai, Dec 3 (): IIT-B is abuzz with three hundred companies announcing  placements for students who have already been working with them, increasing the opportunity of the students by offering pre-placement in the campus.

Companies have revealed that it is easy-going with candidates who have worked with them before. “So far seventy-eight pre-placements have been offered to students,” said Professor Avijeet Chatterjee who is responsible for the placement of students.

On Dec 1, there were thirty-five companies on the campus interviewing students and on Dec 2, twenty-nine companies were observed interviewing the students that went on till the wee hours of Monday.

Top companies from different parts visiting the campus for selection showed students preferring more for engineering-based jobs, with over 1,300 students taking part in the selection process when compared to last year in which 1,200 students participated. The reservation policies initiated at the IITs four years back have generated the rise in the profession with an increase in the number of seats, said Mr Chatterjee.

Making the year’s highest offer that is estimated at around US $1, 50,000 (Rs 80 lakh) per annum, the companies hired students with one of the highest packages. Companies also ensured that there will be no pressure on the students. Offering the highest salary, Samsung offered postings in foreign as well as Indian locations.

The other companies which paid more salaries were the Tower Research, Rocketfuel, Directi. Some students took interest more on companies offering foreign postings. If the trend continues, IITs are not among the institutes to suffer, said a student who took part in the campus interview.

Some companies that conducted the interview process in two sessions will be conducting in one session from Tuesday. More number of students will be offered campus placements as more than two–hundred companies are expected to visit in the next few days, and will go on till February, added Chatterjee.

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