Just after two students of Indian Institute of
Technology Kanpur got Rs 1.20 cr package
during the ongoing placement drive, its IIT
Bombay's chance to shine. On the day 3 of IIT
placements 5 boys of IIT Bombay got a salary
offer of 5 million yen (around Rs 30 lakh). This
was amongst the highest international offers
from MEC Japan that offered jobs to five
students.Around 400 offers were made by the
domestic companies including Eaton, Intel,
Morgan Stanley tech division, Ernst & Young
and Cadbury all were accepted.
As per the management the placements are
going better than last year. This year saw the
highest international offer coming from Epic, a
healthcare software firm which offered jobs to
18 graduates from IIT-Bombay, 20 from IIT-
Kanpur and 12 students from IIT-Kharagpur.
At an average,17 Lakhs was offered by known
software firm like Samsung India and Xerox.
Financial companies like merican Express,
Nomura, Axis Securities and Capital One picked
up several students from the Powai campus
and the average annual salary stood at Rs12.5
lakh.
At IIT-Kharagpur, Flipkart made 26 offers, the
highest across any IIT. Apart from others,
American Express, Citi Corp Services, Housing,
VMWare and Nomura also offered good
placements to students across IIT.
This year, IIT-M decided to hold placements on
the first two days in multiple sessions. Few
companies held the sessions starting at
midnight till 6 am to match the US time zones.
Till now packages have gone as soaring as
$2,10,000 per annum for international offers
and Rs 48,68,000 per annum for domestic
offers at IIT-Madras.
