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The beginning of the last month of the year, saw the commencement of the campus placement at various Indian Institutes of Technology (IITs) in the country. Unlike previous years, on day one of this years placement session, students were offered packages as high as Rs 1 crore. Top companies like Apple and Nasdaq, made their debut at the institute, while technology giant Microsoft offered a handsome pay package. The Institutes even witnessed a 40 per cent rise in the offers that have been offered to the students on the day one of the session. Take a look at the placement session that took place at the top technical institutes- IIT Bombay, IIT Madras and IIT Kharagpur:
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IIT Bombay: Over 150 students were offered jobs on the first day of the placement session at the Indian Institute of Technology (IIT) Bombay. 34 companies took part on the day one of the session where in the highest number of offers were made by Goldman Sachs, Qualcomm, IBM, Microsoft, BCG, Cairn, McKinsey Knowledge Centre & Tata Steel for domestic roles and on the other hand NEC Japan, Microsoft, Optiver, Rubrik and Uber made the maximum International offers. Technology giant Microsoft topped all the offers made to the students, at Rs 1.39 crore per annum salary package for posting overseas. Microsoft’s offer for posting in India this year stands at Rs 39.02 lakh per annum. American Investment Banking firm Blackstone, that has offered the highest package at Rs 35 lakh per annum last year, increased the offers to Rs 45 lakhs this year.
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IIT Madras: IIT Madras campus placements this year made a rocking start after a total of 195 job offers were made on the 1st day of the placement season at the Indian Institute of Technology, Madras in Chennai. Of the total 195 job offers, 41 per cent of them were from Analytics, finance and consulting, 32 per cent from research and development, 25 per cent Information Technology, and two per cent from firms engaged in the FMCG segment. The number of international offers that were given to prospective candidates also increased this year to 11 from last year’s three.
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IIT Kharagpur: The placement session at the institute started on a robust note with more than 300 students bagging jobs on the first two days. Apple Inc. has finally made its debut at the campus and even hired 5 students. The first day of the recruitment season had 29 companies visiting the campus, including Flipkart, HSBC, American Express, IBM Research, JP Morgan, Schlumberger, Airbus, Goldman Sachs, Credit Suisse, Microsoft, ITC and UBER. A total of 188 students got jobs, 22 of which were overseas postings. On the second day, LG Korea, Konica Minolta, Ola, Deloitte, Walmart, Adobe and Bajaj made offers to the students. Eight out of 147 students picked on the second day got overseas postings.
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