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Student from IIIT Delhi gets Rs 71 lakh annual pay offer, Goldman Sachs among top recruiters

  June 14, 2018

The Indraprastha Institute of Information Technology, Delhi (IIIT-D) has successfully concluded its placement session for the academic year 2017-18 with Qualcomm and Goldman Sachs emerging as the biggest recruiters for the graduating batch.

This year, MTech CB and MTech CSE registered a 100 per cent placement record while BTech CSE, BTech ECE and MTech ECE registered 94 per cent, 89 per cent and 84 per cent respectively, as reported by NDTV.

Highest pay package:

A student from BTech landed the highest-ever overseas pay package of Rs 71 lakh during the campus placements conducted this year.

Further, a total of 106 companies offered full time and internship roles during the IIIT D placement process.

Average salary package:

Meanwhile, the average salary package at the campus was Rs 14.78 lakh.

Highest Indian compensation:

As per reports, the highest Indian compensation was Rs 40 lakh for BTech and Rs 22 lakh for MTech programme.

"This year, a total of 446 offers were made at the institute, inclusive of 235 full-time job offers and 211 intern offers. Amongst the full-time job offers, 150 A+ offer with CTC Rs 10 lakh and 85 A offers with CTC ranging from Rs 6 lakh to Rs 10 lakh," as per recent NDTV report.

Here's what Professor Pankaj Jalote, Director IIIT-D, said:

"It's a proud moment for IIIT-D to see the graduating batch excel not just in academics but in the professional front, too. These are the future engineers of tomorrow who will take forward the institute's idea to develop the world with the IT solutions in the most sustainable and responsible ways. I wish them all the good luck as they embark on a new journey of life," Professor Pankaj Jalote, Director IIIT-D told NDTV.

Goldman Sachs one of the biggest recruiters:

Further, in the IIIT-D placement process, Qualcomm and Goldman Sachs emerged as the biggest recruiter for the graduating batch.

Other top recruiters:

Amazon, Adobe, IBM Research, Microsoft, Myntra, Direct I, Math works, SanDisk, NXP Semiconductors, ST Micro Electronics etc

Total number of internship offers:

The internship offers at IIIT-D saw the highest stipend of Rs 1 lakh per month being offered to students and average stipend offered at Rs 25,000 per month.

In total, 211 internships offers were bagged by students with 122 for final year students and 89 offered to the pre-final year students.