The Indian Institutes of Technology (IITs) began their placement season on December 1. According to a report, at least three IIT students from Delhi, Kanpur, and Bombay each received an annual package worth more than Rs 4 crore. 25 IIT Madras students received a yearly salary of more than Rs 1 crore.
A brief about On the first day of placements, 3 IITians receive packages worth more than Rs 4 crore
The trading company Jane Street gave abroad postings to the candidates who received offers worth more than Rs 4 crore. Uber, a taxi aggregator, offered the largest package last year, totaling Rs 2.16 crore.
The majority of big foreign and IIT offers arrive on the first day, according to ET.
15 students at IIT Madras received offers from businesses including Rubrik, Cohesity, and Optiver. Six worldwide offers were made to IIT Roorkee students, with the highest amount being Rs 1.06 crore.
“Overall, by the season’s completion in May 2023, we anticipate that placements will be favorable. While some industries may not be doing well right now, other industries that are doing well will probably make up for the decreased employment in the impacted industries “According to Anishya Obhrai Madan, director of the IIT Delhi office of career services, ET.
139 offers were made to IIT Guwahati, with the highest offer coming from abroad at Rs 2.4 crore.
In 2022, a number of IT companies reduced hiring and even let some staff go due to recessionary worries. According to earlier media reports, the downturn would likely result in fewer placement offers this year than in prior years. Fewer job offers for software positions are anticipated for the hopefuls.