Thursday, 30 April 2015

IIT Delhi placements 2014-15

Like all other IITs, IIT Delhi students are also getting fat packages. Recently Facebook offered Rs 1.42 crore pay package to two computer science students at IIT Delhi. Same package was offered to IIT Bombay students too.

But it seems that high pay packages are not enough to attract IIT Delhi students, reportedly 4-5 IIT Delhi students have rejected 77 lakhs per annum international job offer this year.

“Around 4-5 students rejected international offers, including those with over $125,000 per annum (approximately Rs.77 lakh) as base pay, and opting to accept offers from either the company’s counterparts in India or other firms with domestic offers on campus,” said a source from IIT-Delhi.

In the first week of the placement drive, IIT-D students received around 600 offers. The institute registered a 30 per cent jump in the total number of offers by companies on campus as compared to last year.

IIT-Delhi Students Turn Down $125,000 Offers


New Delhi: Domestic offers seem to be gaining traction among some IIT Delhi students, who have turned down international offers with over $125,000 (Rs 76.25 lakh, at $1 = Rs 61) per annum packages to work within the home country.

As per details of the annual placement drive shared by the premier engineering institute, the first six days of placements have seen a 30 per cent increase in the total number of campus offers by companies this year.

Nearly 50 per cent of the batch got jobs during this period, said a statement issued by the IIT Delhi.

"Some students rejected international offers including those with over $125,000 per annum as base pay this year, opting to accept offers from either the company's counterparts in India or other firms with domestic offers on campus," it said.

A number of technology companies showed up in the first week rolling out high packages of over $100,000 (Rs 61 Lakh) per annum as base pay for international positions.

A few core companies also rolled out international offers.

Many Japanese companies visited the campus in the first week to recruit students. However, most of the offers have been for India with an overall increase in average packages for domestic profiles for the first week in the range 20-30 per cent, the statement said.

IIT Delhi student bags an offer of nearly 20 lakh in MBA placements 2015

Indian Institute of Technology (IIT) Delhi recently concluded placements for its 2015 MBA batch. The programme is run by the Department of Management Studies (DMS) at IIT. 30 percent of the students received pre-placement offers (PPOs) and pre-placement interviews. A total of 62 students from the outgoing batch were recruited, and almost 16 percent of these students got extended offers for higher positions.

Out of the 49 companies that attended the placement process at IIT Delhi, 28 were first time recruiters. Out of these the top recruiters were KPMG, PwC, Deloitte, Snapdeal, Airtel, Amazon, RBS, Idea cellular, General Electric, Flipkart, Marico, BASF, Honeywell and Lead Management Group. The highest domestic package was offered at 19.87 lakh per year. On the other hand, the lowest salary offer was Rs 7.36 lakh a year. The median of the top 25 percent offers stood at Rs 16.36 lakh per year and the total average was Rs 13.27 lakh.

The maximum number of placement offers were made for these fields- Risk Management, Financial Management, Mergers & Acquisitions, Product Analyst, Business Consulting, Project Finance, Digital Marketing, Program Management, Project Management, Business Analytics & Business Development, Management Consulting - Strategy & Operations, Management Trainee (Marketing & Sales), Account Management, Management Trainee (Operations), SME Credit Analysis and Sales Specialist.

Operations and Marketing, Finance and Consulting, Information Technology and Analytics are the sectors which recruited the majority of the students.

The MBA programme at DMS, IIT can be pursued by graduates from any discipline. The results for the 2015 admissions will be declared on May 2