Placement season at IITs get a good start

Placement season at IITs get a good start

The placement season at the Indian Institutes of Technology witnessed a hopeful start as the offshore companies offered packages above INR 1 cr. to the students.Tech Giant Microsoft shopped the talent from various IITs such as IIT Roorkee, Bombay, Madras and Guwahati and made the offer for offshore positions with a pay package of around $215,000.This year another tech giant, Apple also made its debut at the IITs and hired for domestic positions. According to the placement officials, Apple made an offer of INR 15 lac per annum and shopped the talent from Madras and Guwahati campuses.For the first time Nasdaq also recruited students from Madras campus. "Last year, the first day of placements saw a slump in the number of offers, but this year's Day 1 has been promising," said placement officials. “We hope this momentum continues into the next session and in the days to come,” said Manu Santhanam, advisor, training and placement at IIT Madras.“By the end of the first slot at 4 pm, 99 students were placed, up from last yearʼs 77. At Guwahati, 100 students were placed by 8 pm and another 40 offers were in the pipeline. By 8 pm, around 263 offers had been rolled out at IIT Roorkee,” said N P Padhy, professor in-charge of training and placement.

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