IIT placements 2022: 3 students bag Rs 4 crore salary, 25 from IIT Madras receive Rs 1 crore package

IIT Students have secured the highest record of salary. Three students each from IIT Delhi, Bombay, Kanpur bagged ongoing IIT placement 2023 with a salary of Rs.4 crore. Various Indian Institute of Technology are conducting their placement session including IIT Madras, Delhi, Roorkee.  

Students at the Indian Institute of Technology, or IIT, have achieved a milestone by earning the most money. Three students, including one each from IIT Kanpur, IIT Bombay, and IIT Delhi. High frequency trading companies have given salaries of up to Rs. 4 crore in conjunction with the ongoing placements at various universities. Pre-placement offers were made to the three students, who would each get a salary of Rs. 4 crore.

In a recent record-breaking surge, approximately 333 offers were given to students applying for placements at IIT Madras. According to a press release, companies like Qualcomm, Microsoft, Honeywell, Texas Instruments, and Goldman Sachs offered jobs to students. Out of these companies, Qualcomm and Honeywell provided 19 pre-placement offers, Microsoft provided 17, Texas Instruments provided 14, Oracle provided 13, and Goldman Sachs provided 15. IIT Madras gave more pre-placement offers than it did in 2021–2022, when about 231 PPO were made.

In addition to IIT Madras, IIT Roorkee also offered Rs.1.6 crore for an international role and Rs.1.3 crore for a local level job, and a total of 6 students were placed. According to rumours, a select few organisations, like Squarepoint Capital for Canada, Rakuten for Japan, and Tolaram Group for Nigeria, are anticipated to offer foreign roles at IITs this year. The pre-placement offers for 2023 are being run by IITs. Only a few institutes have either undertaken research or are doing so.

The recruiters include Microsoft, Texas Instruments, Google, Uber, Qualcomm, C-DOT, Enphase Energy, Oracle, Nutanix, Thoughtspot MTS-2, Squarepoint SDE/Quant, American Express, JP Morgan Chase, Bajaj, Rippling, Tibra, Cohesity, and Sprinklr Platform + Product. IIT's are conducting the pre-placement offers for the year 2023. Few of the institutes have either conducted or are in the process.