Major Multinational Companies (MNCs) come in hordes to employ the best brains out of the IIT cream!Posted by Shubhangi Sarah on Dec. 4, 2012, 1:16 a.m.
Major multinational companies (MNCs) entered the foyer at the Indian Institutes of Technology, where both pay scale and the bounty of job offers topped last year’s milestones in the first two days of the annual placements.
The occasion had in store offers of international postings and an average salary of 10 lakh at IIT Guwahati and 20 lakh at IIT Kharagpur. Under the number of takers for India’s untapped talent bar were:
First few firms that came through hunting were Axis bank and Times Internet, as stated by Avjit Chatterjee, professor-in-charge, placements, at IIT Bombay. IIT Guwahati received 121 offers with Amazon, Adobe and PayPal offering packages worth 13 lakh, 15 lakh, 17 lakh respectively.
Qualcomm, Morgan Stanley and Oracle were among the other countries present at the do.
The premier institute’s Kanpur campus was host to Coca Cola, Amazon, Johnson Matthey, Epic, Directi and Citibank which became came up with three different profiles. Facebook, Microsoft, Google and Samsung, were undisputed top recruiters across the older IITs like Kharagpur, Kanpur, Guwahati, Bombay and Madras, with salaries ranging from $120,000 to $150,000 for positions primarily based out of U.S and Korea.
Schlumberger, an oilfield company, has again emerged as the favourite in terms of highest number of offers, being 25 at IIT Kharagpur alone with salary offers of 18 lakh.
Microsoft has bagged 21 offers at IIT Kharagpur, 22 at IIM Madras and 16 at IIT Guwahati with highest salary paid by the firm $130,000.
At the onset of the event itself, IIT Kharagpur received 133 offers, a third more than what it recorded last year, according to SK Barai, professor-in-charge, training & placement. At IIT Kanpur, students accepted 133 of 150 offers made, according to Vimal Kumar, the placement-in-charge at the institute.
Along with that, Mitsubishi offered 13 jobs, GE picked 16 students, EXL offered 13-14 and BCG 3-4.
Biggest social networking platform Facebook, made 4 offers at IIT Kharagpur, consistent with last year. At IIT Bombay, 35 companies 160 offers with Microsoft, Schlumberger and Samsung heading the charts in terms of number offers made. IIT Madras, which saw 75 students getting placed had American Express, Schlumberger, Amazon, PayPal, Qualcomm, Adobe and Walmart amongst the firms that came calling.