The placement season may have just started but eight students at the Delhi Technological University (DTU) have already bagged packages of Rs. 70 lakh per annum.
The US-based software firm, EPIC, has made the offer of $105,000 per annum to the students who will graduate next year.
The same company had recruited six students last year as well at the same package (in dollars). The falling rupee has increased the value of the offer this year.
This is the highest international offer of the year so far and the firm is going to conduct more interviews during the week.
“I had worked really hard so I was confident of getting a good placement but such a high offer was beyond my wildest expectations,” said Shubham Somani, a fourth-year student at the department of information technology.
The highest domestic offer of Rs. 28 lakh per annum has been made by Goldman Sachs. This has been followed by an offer of Rs. 19 lakh by Amazon. Eight students have bagged this offer.
The DTU has kicked off the placement season on a high note with 33 companies visiting it for placements within a month. The companies include EPIC, Microsoft, Goldman Sachs, Samsung Electronics, Samsung Research, Google, Amazon, Adobe, Directi, Walmart, Cisco, C-Dot, Infibeam, Qualcomm, Futures First, HT Media, RBS, SanDisk, Bajaj Auto, ITC and Carrier.
According to university officials, the fact that companies are coming back to recruit more students from the same university is a testament to the quality and rigorous course work at DTU.
“DTU has a strong focus on industry relevance for its educational and research programmes. Our educational strategy focuses on education, research as well as innovation in undergraduate programmes. The phenomenal rise in campus placements reflects the faith of world-class industries in DTU,” said PB Sharma, vice-chancellor, DTU.
The companies that are hiring students from the fourth year are also offering paid internships to students in the third year, a trend that started at the university last year. The new trend is expected to boost the number of pre-placement job offers for students.