B students get Rs 1 cr offer

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The placement season at the Indian Institute of Technology (IIT) Roorkee started on a robust note with a total number of 189 offers received by the end of day 1.

Moreover, in Guwahati, about 100 students saw placement so far and somewhat 263 offers were rolled out at IIT-Roorkee.

For the initial time, firms are giving a visit to IIT Banaras Hindu University (BHU), Varanasi, to pick engineering skills to build groups for machine learning, AI, and robotics, claimed a person in the placement team of the institute.

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"The overall selections on the first day have been great and we are hoping that the numbers will be better in the next few days" said a member of the placement committee. In 2016, highest PPOs were established at Bombay in the finance space. Both the companies reportedly offered almost Rs 1 crore annual packages, although the institute did not confirm the reports. As per reports, it is said that Microsoft offered United States dollars 2,14,600 to a student, while Uber was ready with USD 1,55,000.

The package, which is highest in the history of the institute, have been offered to two computer science engineering and an electronics branch students, whose identity has not been disclosed.

This year, the institute has seen 114 pre-placement offers being handed out to the students by companies, including Microsoft, Qualcomm and Goldman Sachs, as against 73 in the previous academic year. "Moreover many more students are receiving global offers", he said.

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Companies that made more than 10 offers this year (2017-18) were EXL Services, Goldman Sachs, Microsoft, and Samsung Research Institute Bangalore. As many as 18 students accepted the government offer previous year. ISRO had already gave six offers, thereby taking the total tally to 99, according to a release from IIT-Madras.

At IIT Kharagpur too, several MNCs participated in the recruitment process for the first time including Apple-which offered jobs to five students for its India office.

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