With the placement season on at the Indian Institute of Technology, Guwahati, since December, the maximum salary package that has been offered till now is around $1,19,000, which in Indian rupees is 5,00,95,000. The placement season is set to continue till April. The institute has some of the most reputed companies of the world, some with names in Fortune magazine's 500 largest companies, lined up for recruitment of new applicants.
The placement was held at the undergraduate and postgraduate level for technology and design and its different branches. The average salary offered at the graduate level was Rs 10.8 lakh per annum. About 92.7% registered B.Tech students were recruited and 100% registered B.Des students were recruited.
"International companies like Goldman Sachs, Google, Samsung (R&D) for design, Play Pal/ E-Bay, Slumberger, Microsoft, Direct Eye, Amazon, Adobe, Oracle, Flipkart, Morgan Stanley and Facebook visited the institute for recruitment. The Indian companies, who came here, were Tata Motors, N Vidia, Reliance India Limited, Wipro, Infosys and Hero Motors. We are expecting some more companies to come as the placement season will continue till April. Around 57 B.Tech students have been recruited," said Lavanu Konwar, PRO IIT-G.
The name of the company offering maximum salary has been kept confidential due to an agreement with the institute. However, the maximum salary offered this year was less than that offered last year, which is around $1,50,000.
At the masters' level, which includes masters in technology and design, the average salary offered was Rs 9.4 lakh per annum. The reason for the difference in the salary offered to graduate and postgraduate students is that companies prefer the young graduates as it is easier to mould and train them.
Source: http://timesofindia.indiatimes.com/home/education/news/Max-salary-offered-at-IIT-Guwahati-placement-Rs-5-crore/articleshow/18839417.cms
The placement was held at the undergraduate and postgraduate level for technology and design and its different branches. The average salary offered at the graduate level was Rs 10.8 lakh per annum. About 92.7% registered B.Tech students were recruited and 100% registered B.Des students were recruited.
"International companies like Goldman Sachs, Google, Samsung (R&D) for design, Play Pal/ E-Bay, Slumberger, Microsoft, Direct Eye, Amazon, Adobe, Oracle, Flipkart, Morgan Stanley and Facebook visited the institute for recruitment. The Indian companies, who came here, were Tata Motors, N Vidia, Reliance India Limited, Wipro, Infosys and Hero Motors. We are expecting some more companies to come as the placement season will continue till April. Around 57 B.Tech students have been recruited," said Lavanu Konwar, PRO IIT-G.
The name of the company offering maximum salary has been kept confidential due to an agreement with the institute. However, the maximum salary offered this year was less than that offered last year, which is around $1,50,000.
At the masters' level, which includes masters in technology and design, the average salary offered was Rs 9.4 lakh per annum. The reason for the difference in the salary offered to graduate and postgraduate students is that companies prefer the young graduates as it is easier to mould and train them.
Source: http://timesofindia.indiatimes.com/home/education/news/Max-salary-offered-at-IIT-Guwahati-placement-Rs-5-crore/articleshow/18839417.cms
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