US Firm Offers This Salary To IIT-Patna Student

Patna: Despite the pandemic situation and its impact on the job market, domestic and foreign companies have offered lucrative jobs to the students of the Indian Institute of Technology-Patna (IIT-P).

IIT-P completed the first placement drive on December 30, in which half of the final year BTech students got placements.

One final-year BTech student smashed barriers after he bagged an offer with a package of Rs 52.50 lakh per annum from a US-based company, according to the placement cell of IIT-P.

“The student has been asked to join the firm’s domestic branch in July. Prior to this, another student had received Rs 47 lakh in annual package from DE Shaw while another fetched Rs 43.50 lakh offer from Microsoft in early December,” IIT-P’s training and placement officer, Kripa Shankar Singh was quoted as saying by Hindustan Times.

“Around 50% of eligible BTech students have been placed in the first placement drive. Majority of students have been placed in IT and software development, core, research & development, consulting, finance and analytics sector. Despite slowdown and economic crisis, we have witnessed a hike in the average pay package offered to the current batch students. The next placement drive for final year BTech students will begin in the second week of January,” Singh was quoted.

Even undergraduate students of the institute have secured internships in leading companies.

“Six students have received internship offer from Google India and two students have received international internship offer from a Japan-based firm. Internship offers are important as they open door for pre-placement offers and students get exposure of real working field,” the placement officer said.

“Even during adverse circumstances, our students have managed to fetch promising job offers. Exceptional technical skills and groomed leadership traits are the key reasons for attracting global companies,” said professor in-charge of training and placement cell, Dr Jose V Parambil.

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