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Tuesday, December 2, 2014

IIT Student Gets Rs 1.5 Crore Pay Package

IIT Student Gets Rs 1.5 Crore Pay Package
Kolkata: In one of the fattest pay package offered to an IITian ever in campus placements, a student of IIT Kharagpur has been offered an annual salary of over Rs 1.5 crore.
IIT Kharagpur officials said the salary package was among the 163 offers made by 27 visiting companies yesterday on the first day of campus placements.
The highest domestic package was of Rs 42 lakh and highest offer from abroad was of $250,000 (Rs 1.54 crore), the officials said.
IIT authorities have refused to disclose details about the student or the company which made the offer, saying "this brings unnecessary attention to the student."
IIT sources claimed that the 1.54 crore offer is the highest ever package received by the Kharagpur unit and among the largest ever in all IITs.
The highest number of offers (24) was made by niche analytics consulting company EXL Service Pvt Ltd followed by international brands like Visa, Goldman Sachs, Credit Suisse, Cisco, Microsoft IDC.
The first time visitors - Parthenon, TSMC, BMGI, VISA, Baker Hughes, and Auctus Advisors - offered large number of positions to IIT Kharagpur students.
The total offers received so far stands at 251, which includes 88 pre-placement offers.

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