Technology companies dominated the first two days of placements at IIT-Madras.
MUMBAI: One of the three students who bagged the highest package of Rs 1.42 crore each offered by Facebook at the premier IIT-B on the first day of the placement season is a woman. In fact, two of the five students hired by the social networking giant this year from the campus, including those hired during the pre-placement process, are women. At Kharagpur, too, a woman is among the three IITians who got the top deals.
Most students who bagged premium packages this year are into coding. Students from the computer science department usually bag the top offers; however, the number of women in this department are always less.
"This is the main reason why fewer women manage to get the top deal. This year, there are only five women in the batch and most of us have managed to get a good deal," said Deepali Adlakha, who got a position in San Francisco. "I did a lot of coding in the last few months which helped me bag the offer of my choice," she added.
Shree Meghana Thotakuri, who bagged an offer from Google, will also get a base package of Rs 65 lakh, similar to that of Facebook, besides a joining bonus and other benefits.
However, the variable component of the latter is higher than the rest of the leading firms, said a placement co-ordinator at IIT-B.
Facebook tops IIT placements with Rs 1.4cr package, Visa lead hirer at IIT-B
At IIT-B, along with Adlakha, Ved Ratn Dixit and Rohan Das got the highest offers, also from Facebook. Two others, Aastha Agarwal and Rahul Singhal, got the same package, but as pre-placement offers. The firm offered the highest package of Rs 1.42 crore this year at the IITs, of which over 50% is one-time incentive and stock benefits (variable component). However, the base pay for most coding profiles offered by leading firms was almost the same for international positions - Rs 65 lakh. Visa Inc took around 28 students from IIT-B, the highest. Goldman Sachs hired 11 students from the campus.
Dixit, who also got the Facebook offer, is placed in California. "The highest offer does not mean much as we go by the base salary offered. It is more important for me to get into a company that I always wanted to work with." The leading firms which hired from IIT-Kharagpur and IIT-Delhi were similar to those at IIT-B. At IIT-Delhi, two students were hired by Facebook. Samsung Korea offered the second highest overall package (Rs 93 lakh).
More offers poured in on the first two days of placements at IITs this year, compared to last year. At IIT-Madras, the numbers went up from last year's 95 on day one to 158 this year, claimed placement co-ordinator Babu Vishwanathan. The highest offer made at Madras was around Rs 80 lakh. Facebook did not visit IIT-Madras campus this year.
Punj Rajan from IIT-Kharagpur said the placements this year looked very promising even as 350 companies registered, much higher than last year. At IIT-Roorkee, four students bagged international offers, from Google, Oracle and Microsoft, claimed co-ordinator Kunal Punjabi. "Software companies have gone up and some start-ups which did not come to the campus last year are also hiring from our campus," he added.
At IIT-B, the number of day one offers went up from 182 to 215 this year, including pre-placement offers. By the end of the second day, the number of offers made by close to 70 companies was estimated to be around 350. On day two, Oracle, Amazon, Cisco, Samsung India, Yahoo Japan, were some of the companies which visited the campus. Most of the e-commerce firms and start-ups are lined up on Wednesday. The third day will also see more core engineering firms visiting the campus, said placement co-ordinator Mohak Mehta.
At IIT-B, along with Adlakha, Ved Ratn Dixit and Rohan Das got the highest offers, also from Facebook. Two others, Aastha Agarwal and Rahul Singhal, got the same package, but as pre-placement offers. The firm offered the highest package of Rs 1.42 crore this year at the IITs, of which over 50% is one-time incentive and stock benefits (variable component). However, the base pay for most coding profiles offered by leading firms was almost the same for international positions - Rs 65 lakh. Visa Inc took around 28 students from IIT-B, the highest. Goldman Sachs hired 11 students from the campus.
Dixit, who also got the Facebook offer, is placed in California. "The highest offer does not mean much as we go by the base salary offered. It is more important for me to get into a company that I always wanted to work with." The leading firms which hired from IIT-Kharagpur and IIT-Delhi were similar to those at IIT-B. At IIT-Delhi, two students were hired by Facebook. Samsung Korea offered the second highest overall package (Rs 93 lakh).
More offers poured in on the first two days of placements at IITs this year, compared to last year. At IIT-Madras, the numbers went up from last year's 95 on day one to 158 this year, claimed placement co-ordinator Babu Vishwanathan. The highest offer made at Madras was around Rs 80 lakh. Facebook did not visit IIT-Madras campus this year.
Punj Rajan from IIT-Kharagpur said the placements this year looked very promising even as 350 companies registered, much higher than last year. At IIT-Roorkee, four students bagged international offers, from Google, Oracle and Microsoft, claimed co-ordinator Kunal Punjabi. "Software companies have gone up and some start-ups which did not come to the campus last year are also hiring from our campus," he added.
At IIT-B, the number of day one offers went up from 182 to 215 this year, including pre-placement offers. By the end of the second day, the number of offers made by close to 70 companies was estimated to be around 350. On day two, Oracle, Amazon, Cisco, Samsung India, Yahoo Japan, were some of the companies which visited the campus. Most of the e-commerce firms and start-ups are lined up on Wednesday. The third day will also see more core engineering firms visiting the campus, said placement co-ordinator Mohak Mehta.
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