Crore-plus offers pour in at IIT-Kharagpur

[Côôl PôtâTô]

HIGHLIGHTS

1. A total of 345 offers were made and accepted till reports last came in.
2. Altogether, eight candidates had bagged attractive international offer.

KOLKATA: IIT-Kharagpur's stellar run at the annual placements continues this year with the highest salary offered sailing past Rs 1.5 crore, according to insiders, even though the institute officially did not reveal the amount in keeping with its privacy policy.

Altogether, eight candidates had bagged attractive international offers -including the blockbuster one by an MNC -from top companies like Microsoft, Oracle, Sprinklr, TSMC, & NTT Communications, by the evening of the second day of placements.


A total of 345 offers were made and accepted till reports last came in. The placement exercise continued till midnight. The institute follows a one-offer one-student policy . The highest compensation package here had touched Rs 1.5 crore in the past two years, too.

"Obviously , the crore-plus salaries involve dollar-to-rupee conversion. These salaries also include a stock component, which the candidate is not allowed to sell for a certain number of years," explained a faculty member. Leading US-based operations management and analytics company EXL is till now the top recruiter, picking up 18 students; with Sprinklr, another US-based tech company that provides social media marketing, in second place with 12 offers. San-Diego-based telecommunications giant Qualcomm made 10 offers while financial services giants JP Morgan and Credit Suisse picked up nine and seven candidates, respectively .

Other key recruiters on Day 2 were Deloitte, PayPal and Samsung. Altogether, 2,100 students are participating in the placements that will continue till December 18.

The institute expects several offers from PSUs, which are scheduled to visit the campus in the first two weeks of placement season. "Thirteen of them have sent confirmations. The big names are, ONGC, IOCL, HPCL, BPCLand BHEL," said Debashish Deb, chairman of the institute's Career Development Centre.

Riya Bubna from the department of computer science and engineering, who got placed in Goldman Sachs' Bangalore office in a financial profile, said the companies gave weightage to project work and problem-solving. Abhay Khosla from the department of electronics and electrical communication will work in JP Morgan as a quantitative researcher. He said the recruiter laid emphasis on CGPA (cumulative grade points average). Mevwyn Perera from the department of chemical engineering said the companies looked at CGPA, problem-solving skills and technical knowledge.

http://www.timesofindia.com/city/ko...-in-at-IIT-Kharagpur/articleshow/55764868.cms

 

[T90TankGuy]

HIGHLIGHTS

1. A total of 345 offers were made and accepted till reports last came in.
2. Altogether, eight candidates had bagged attractive international offer.

KOLKATA: IIT-Kharagpur's stellar run at the annual placements continues this year with the highest salary offered sailing past Rs 1.5 crore, according to insiders, even though the institute officially did not reveal the amount in keeping with its privacy policy.

Altogether, eight candidates had bagged attractive international offers -including the blockbuster one by an MNC -from top companies like Microsoft, Oracle, Sprinklr, TSMC, & NTT Communications, by the evening of the second day of placements.


A total of 345 offers were made and accepted till reports last came in. The placement exercise continued till midnight. The institute follows a one-offer one-student policy . The highest compensation package here had touched Rs 1.5 crore in the past two years, too.

"Obviously , the crore-plus salaries involve dollar-to-rupee conversion. These salaries also include a stock component, which the candidate is not allowed to sell for a certain number of years," explained a faculty member. Leading US-based operations management and analytics company EXL is till now the top recruiter, picking up 18 students; with Sprinklr, another US-based tech company that provides social media marketing, in second place with 12 offers. San-Diego-based telecommunications giant Qualcomm made 10 offers while financial services giants JP Morgan and Credit Suisse picked up nine and seven candidates, respectively .

Other key recruiters on Day 2 were Deloitte, PayPal and Samsung. Altogether, 2,100 students are participating in the placements that will continue till December 18.

The institute expects several offers from PSUs, which are scheduled to visit the campus in the first two weeks of placement season. "Thirteen of them have sent confirmations. The big names are, ONGC, IOCL, HPCL, BPCLand BHEL," said Debashish Deb, chairman of the institute's Career Development Centre.

Riya Bubna from the department of computer science and engineering, who got placed in Goldman Sachs' Bangalore office in a financial profile, said the companies gave weightage to project work and problem-solving. Abhay Khosla from the department of electronics and electrical communication will work in JP Morgan as a quantitative researcher. He said the recruiter laid emphasis on CGPA (cumulative grade points average). Mevwyn Perera from the department of chemical engineering said the companies looked at CGPA, problem-solving skills and technical knowledge.

http://www.timesofindia.com/city/ko...-in-at-IIT-Kharagpur/articleshow/55764868.cms

During campus placements way back in 2000 in IITB i got into wipro . got a princely salary of 3.5 lacs , which was so huge at the time.

 

[el che]

And many of these factory products from coaching institutes will get frustrated after a few years in technical field and start preparing for MBA or civil services while the more passionate ones will become role models by following his heart and will end up as writer or film director. The most overrated institute which has failed to produce a single nobel prize or any quality invention or research. IITs are good for producing smart workers. Far more intelligent and respectable are the ones who are from lesser known colleges and have brought glory to the nation from ISRO and DRDO.