IIT students get up to ₹1 crore pay packages on day 1 of placement
The placement season 2022 -- 23 has resulted in Indian Institute of Technology IIT Delhi students with heavy pay packages, with 50 students getting offers worth more than 1 crore in a single day.
The IIT-Delhi Placement committee said that over 50 students have been offered domestic packages with CTC of more than 1 crore on Day One.
A total of 650 full-time job offers were made on day one, of which over 550 unique job selections, including over 250 pre-placement offers PPOs, were made. International companies and IIT-Delhi also participated in the placement session to hire engineering graduates. 20 students bagged international job offers. They have offers to work from Hong Kong, Netherlands, Singapore, South Korea, Taiwan, the United Kingdom, and the United States.
The placement committee stated that the current session is better than the previous one in terms of the number of offers. The placement committee noted that the number of job offers received from the 2022 -- 23 session increased by 20 per cent.
The companies like American Express, Bajaj Auto, Boston Consulting Group, Enphase Solar Energy, Intel, Praxis Global Alliance, and others are big name companies that made offers in the current placement session.
The interviews were conducted in person as well as online. A member of the placement committee explained that virtual interviews have become more frequent post-pandemic.