42 Lakhs per annum for NIT student in DE Shaw

42 Lakhs per annum for NIT student in DE Shaw
NIT Campus, Surathkal, Karnataka

The Highest salary package this year was bagged by a student of NIT – National Institute of Technology, Surathkal, Karnataka, offered from DE Shaw, Hyderabad.

9.5 Lakhs was the average package from all the engineering branches.
The students from Computer Science and IT branches were placed with an average annual package of Rs 18 Lakhs.

The highest stipend for the students who have secured interns is Rs 1 lakh per month with an average stipend of Rs 35,000. This year, around 300 students from pre-final year of BTech have secured internships, this is nearly 1.5 times that of the previous year, according to the official release.

The electrical, electronics, mechanical and mining branches have seen about 82-85 per cent of the students being placed. In Chemical engineering, around 75 per cent students got placed, according to the official release.

About 150 students were offered pre-placement offers (PPOs). Placements through Internships is an attractive proposition for both the company and the student and represents the future trend of hiring. Based on feedback received from both companies and alumni, NITK has taken a step forward and has revised its curriculum to provide new academic options to its students admitted in 2018 onwards.

The phase-I of the campus recruitment took begin from the first week of August and ended by the third week of November. More than 4/5th of the final year BTech students have been placed in reputed organizations from IT sector, service sector, and product-based and core industries. As many as 85 per cent students from the master of computer applications (MCA) programme have been placed. For the postgraduate courses, CSE and IT departments having nearly all students placed. In the second phase many companies are slotted to visit NITK for recruiting M Tech students and also recruiting PG interns for one-year project at Industries.

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