Finally IIT Delhi get new Director from mechanical Department , Kshitij Gupta .
Prof. Kshitij Gupta
Officiating Director
Indian Institute of Technology Delhi
Hauz Khas, New Delhi-110 016, INDIA
Tel:+91-11-2659 1701, +91-11-2658 2020 (W)
Fax:+91-11-2658 2659
E-mail:director[at]admin.iitd.ac.in
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.
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.
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
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.
Indian Institute of Technology
Banaras Hindu University IIT BHU
Placements for the academic year
2014 – 2015 has been published. IIT
BHU 2014 – 2015 First Phase Placements
Process has been started from December 1 st
2014 and it will be till 21 st Dec 2014.
IIT BHU Placements Officials said that Oracle
which is US Company offered a salary Pay
Package of Rs 2.03 Crore Per Annum. Another
Students from IIT BHU had received an offer
of Pay Package of Rs 1.63 Crore from Google
Mountain View .
IIT BHU Placements Highlights 2014 –
2015 :
Total Number of Companies Visited IIT BHU
2014 – 2015 Placements : 27 Companies
Total Number of Offers Made in IIT BHU 2014
– 2015 Campus Placements : 56 Offers
Total Number of Students Placed in IIT BHU
2014 – 2015 Campus Placements : 62 Jobs
IIT BHU Second Phase Placements 2014 –
2015 starts from : January 2 nd 2015.
Oracle offers Rs 2.03 crore job package to
Varanasi IIT student
With the onset of placement season o
December 1, 2014 - the month lon
celebrations began for final year students. Th
Day One saw 163 offers made by 27 visitin
companies. The highlight of the day was highes
domestic package Rs. 42 lakhs and highes
offer from abroad USD 250,000 (IN
1,54,81,250).
The highest number of offers (24) was made b
niche analytics consulting company EXL Servic
Pvt. Ltd. due to growth induced demand. Thi
is followed by international brands like Visa
Goldman Sachs, Credit Suisse, Cisco, Microsof
IDC. Analytics, IT and Finance led the day.
The first time visitors – Parthenon, TSMC
BMGI, VISA, Baker Hughes, and Auctu
Advisors gave an encouraging response an
offered large number of positions to II
Kharagpur talents.
Professor Sudhirkumar Barai, Chairman o
Career Development Center, IIT-Kharagpur
said from this year onward special emphasi
has been given to boost the confidence of th
graduating students, corporate workshop
case study contests, alumni mentorshi
session, assessment tests and soft skill training
The preparation has shown an impressiv
success in terms of day 1 placement this yea
at IIT Kharagpur. Further, there has bee
renewed realization in Indian Industry fo
highly qualified engineering professionals i
Quality Engineering, Product Design an
Manufacturing. IIT Kharagpur has been quic
to identify this need and accordingly
have initiated the programme for Qualit
Engineering, Design and Manufacturing. Th
industry response has been encouraging an
they are looking forward to have the firs
batch of graduates from this programme nex
year.
The total offers received so far stands at 25
which includes 88 PPO.
