Over 40 students of the newly-established Indian Institute of Technology (IIT) Hyderabad have been placed with high-end and attractive salary packages in the recently held placement drive.

Last Updated: 2011-12-30T00:04:24+05:30

IIT Hyderabad Students Offered High-End Salaries

Hyderabad: It has been some less-than-four years since Indian Institute of Technology (IIT) Hyderabad campus started operating. And surprisingly, the hard work has started paying off. Rather, the fruits are extremely sweet and well deserving. The placement season for the first batch of B Tech (Bachelor of Technology) of IIT-H began on December 2, 2011 and students have been recruited with lucrative and high salary packages.
The students of IIT-H have been amongst the group of IITians, to pass out in 2012, that has secured some of the highest offered pay packs. As per IIT-H officials, an odd 40 students of the total 111 students have been hired by top-notch companies, both national and international. 80% of the placed students were from the computer science stream, with others majoring in electrical and mechanical engineering.
The highest salary was offered to a B Tech final year computer science undergrad by Works Applications, a Japanese software company, at Rs 35 lakh per annum. Further, a couple other students were recruited at packages ranging from Rs 15 lakh to Rs 20 lakh a year from reputed Indian corporate houses.
With more than 60 companies participating in the placement drive, the average salary offered ranged between Rs 6.5 lakh and Rs 20 lakh. G V V Sharma, Faculty Incharge, Placements, IIT-H, said that the recruitment drive will continue till April 2012. He further informed that the placement team has been successful in placing 90 students from both B Tech and M Tech programmes.
Sharma added by saying that a mini recruitment drive was conducted for the first batch of M Tech (Master of Technology) final year students, wherein over 16 companies visited the campus. Students have received job offers from software companies such as Microsoft, TCS and Cognizant. IIT-H was also privileged to have companies recruiting students from the less popular electrical and mechanical streams.

AMD, Xilinx and Nividia were the top companies who hired students from electrical department, while those who recruited pass outs from the mechanical faculty included Bharat Petroleum, Mahindra and Mahindra, and Indian Navy. Sharma concluded by affirming that the entire UG and PG batch will be placed before the end of the academic session.

- By Archana Sharma
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