GUWAHATI: Placement season is on at the
Indian Institute of Technology, Guwahati,
since December and the maximum salary
package that has been offered to a student
till now is $1,19,000, around Rs 65 lakh.
The name of the company has been kept
confidential due to an agreement with the
institute. However, the maximum salary
offered this year was less than last year's,
which was around $150,000.
The placements are set to continue till
April. Some of the most reputed companies
from across the globe, many of whose
names feature in Fortune 500, have lined
up at the IIT-G campus for recruitments.
The placement drive, for technology, design
and other courses were held at both the
undergraduate and postgraduate levels. The
average salary offered at the graduate level
was Rs 10.8 lakh per annum. About 92 per
cent of the B Tech students were recruited
and 100 per cent of the B Design students
were recruited.
"International companies like Goldman
Sachs, Google, Samsung, PayPal, eBay,
Schlumberger, Microsoft, Directi, Amazon,
Adobe, Oracle, Morgan Stanley and
Facebook visited the institute for
recruitment. The Indian companies that
came here for placements were Tata Motors,
Flipkart, Nvidia, Reliance India Ltd, Wipro,
Infosys and Hero Motors. We are expecting
some more companies as the placement
season will continue till April," said Lavanu
Konwar, IIT-G public relations officer.
At the masters level, which includes
specialisations in technology and design, the
average salary offered was Rs 9.4 lakh per
annum. The reason for the difference in the
salary offered to graduate and postgraduate
students is that companies prefer young
graduates as it is easier to mould and train
them, explained Konwar.
(An earlier version of this story mistakenly
mentioned maximum salary offered at IIT-
Guwahati placement as Rs 5 crore. We
regret the error and thank our readers for
pointing it out.)
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