Samsung Offers Rs 81.6 lakh Package to IIT Madras Passout

The placement season in IIT has started. What has come as a surprise is a top offer provided by South Korean multinational conglomerate Samsung to a computer science student in IIT Madras. The technology giant has offered a package of Rs 81.6 lakh.

Google has occupied the next position in offering a PPO pre-placement offer) to a student IIT Kharagpur. He has been offered a package of Rs 73 lakh.

The first day of placement saw big recruiters like Boston Consulting Group; Deutsche Bank Group; Goldman Sachs; ITC, Google, Sony (Japan), Facebook, Morgan Stanley, Microsoft amongst others. Average domestic salaries are in the mid-Rs 20 lakh range on the first day.

IIT Bombay’s kitty included 35 companies on the first day with first timers like LinkedIn, Twitter and Blackstone. “Salaries are 5-10% higher than last year and several companies offered international roles including Samsung, Microsoft and Google,” said Avijit Chatterjee, prof-in-charge, placements, IIT Bombay.… Read the rest

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