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Microsoft picks 4 graduating IITians for Rs 1.3 crore on Day 2

Sunday, December 3rd, 2017

One of seven students on the IIT Bombay campus has been placed in the first three slots of this year's placement. A total of about 250 graduating IITians were picked by the time evening set in on Saturday, day two of the placement.

Meanwhile, these numbers would rise as the frenzy of the second day's placement ends a little after midnight. By Saturday night Samsung Bangalore picked 24 candidates, the largest recruiter so far. Domestic salary packages also went up by about 15%-20% as compared to last year.

Day one saw about 20 international offers from companies like UberMicrosoft, Optiver, NEC Japan, Rubric. Atotal of 142 students were selected on day one. In addition, minus one placement day saw ISRO and BPCL select 13 students taking the total count to 155. Last year, 158 students were picked by the end of day one.

Four students were picked by Microsoft Redmond for USD 2.1 lakh (around Rs 1.3 crore). NEC Japan, which picked 7 students gave a package of 45.7 Japanese Yen. First time recruiter from the Powai campus Rubrik picked three students and Palantir Technologies picked one candidate.

Friday saw 34 companies participating. "For domestic roles, highest number of offers were made by Goldman Sachs, Qualcomm, IBM, Microsoft, Boston Consulting Group, Cairn, McKinsey Knowledge Centre and Tata Steel," stated the placement cell. Compensation-wise, the highest packages came from Blackstone (Rs 45 lakh), WorldQuant (Rs 39.6 lakh) and Microsoft (Rs 39 lakh).

Day two saw companies like Samsung Bangalore, Intel, Oracle, Visa, Murata, Adobe, Walmart, Quadeye, UBS, Flow Traders, MasterCard, Yahoo Japan, Ab Inbev, Flipkart, ICICI, American Express, Eaton Technologies, JP Morgan Chase, Mathworks, Mercedes Benz, Flock, Deloitte Consulting, Maxlinear, Citicorp.

At IIT-Guwahati, the day one offers went up to 178 as opposed to last year's 154. This is in addition to the 75 pre-placement offers that were given to students. Kaustubha Mohanty, professor-in-charge of training and placements at the institute, said, "This year we had 41 companies visiting the campus on day one, 11 more than last year. There is a mix of profiles for analyst, software, core engineering offered to students." Majority of the profiles are for software, followed by research and development, analyst, consultant and management profiles. Only two students from the institute got international offers.

Day one at IIT-Madras saw 195 offers from 33 companies - almost 35 more than 2016. Last year, 160 offers were made by 27 companies. Not only the number of companies visiting the institute increased, but the requirements at some of the firms were more this year, said Manu Santhanam, professor in-charge of placements at the institute. He said that companies like Samsung, Qualcomm, EXL Services, Goldman Sachs picked more than 10 students from the campus. Their requirement was more than last year, he added. The institute got 11international offers, of which at least nine were for US profiles, which were more in numbers.
 

 


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