Start-ups are doling out handsome pay packages to students during campus recruitments in premier institutions like IIT-Hyderabad, IIIT-Hyderabad and BITS-Pilani this year. Even final-year students at NALSAR and GITAM University, Hyderabad have reaped rich benefits in campus selections.
There has also been an increase in the number of job offers as well as in companies visiting the IIT-Hyderabad campus this year, said Mr B. Venkatesham, assistant professor in the college.
The placement drive is yet to finish and 85 per cent of the students in UG and another 60 per cent studying PG have already been shortlisted for jobs, he added.
“An international company has offered Rs 35 LPA (lakh per annum) to a student while another student was offered Rs 28 LPA by an Indian firm. New recruiters like Coal India, Vedanta, Analog Device, Blue Star, Practo, Hikari, Wellsfergo, Ent-ransys, etc. besides regular ones like Cognizant, Virtusa, Mahindra, Tata Motors, PayPal, Mercedes Benz, Bank of America, BPCL and Honeywell took part in placements,” he said.
A big surprise was in store in IIIT-Hyderabad (Indian Institute of Infor-mation Technology), where Alphagrep, an Indian start-up company from Mumbai, offered Rs 35 LPA to a fresher. A whopping 96 per cent of final year students (337 out of 350) got job placements at the institute located in Gachibowli with average pay or around Rs 16 LPA.
In BITS Pilani, nearly 200 out of the 300 students were placed. The second round will close in April.
Meanwhile Gitam University’s Hyderabad campus has seen 100 per cent placements for Computer Science, IT and ECE branches while 90 per cent of students in other branches were placed.
The placements in Nalsar University of Law, Shamipet are presently underway and it will last till May end. International and national law firms, software giants and other companies are recruiting law consultants in large numbers.
