PANAJI: Even as the globe appears to be witnessing a market downturn, a student of BITS Pilani K K Birla Goa campus has been offered a salary package of Rs 60.8 lakh per annum at the end of the placement season. This package is 35% higher than the highest domestic salary offered last year, the institute’s officials said.
Computer science engineering student Ruturaj Godse has been offered the package by multinational investment management firm, D E Shaw.
BITS Pilani K K Birla Goa campus also saw over 90% of its 926 students who registered for placements being offered jobs this year, said G Balasubramanian, chief placement officer, India and Dubai, BITS Pilani.
“Of the students who registered, more than 79 have received salaries of over Rs 40 lakh per annum, making this number the highest ever for the campus. The number of students receiving salaries of Rs 40 lakh per annum is more than double of the previous years,” Balasubramanian said.
While the highest domestic salary has grown by 35%, the average salary has also seen a nearly 9.4% rise, going from Rs 19.2 lakh to Rs 20.9 lakh per annum, he said.
Around 280 companies have visited and hired from BITS Pilani Goa campus, which is a 4% increase over last year, said Balasubramanian.
“The hiring season at the Goa campus began well during the summer internship pre-placement offers. Over 60% of the interns received a full-time offer, with companies expressing strong satisfaction with the talent. These came from companies such as Google, Microsoft, Uber, D E Shaw, Texas Instruments, Nvidia, and Exxon Mobil, among several others,” said Goa campus placement head R B Mouli.
A large number of offers came from global tech giants, with Amazon offering jobs to 32 students, Uber to 16, Microsoft to 17, Nutanix to 13 and Google to 7, he said.
“The average salary in the IT domain went up to Rs 27 lakh per annum. The core sector too saw an incredible spike, including Qualcomm offering jobs to 25 students, Texas Instruments to 21, MediaTek to 14, Samsung Semiconductors to 8, Exxon Mobil to 6, Schlumberger to 4, GE India to 3, among others. In fact, even consulting giants such as BCG and McKinsey hired undergraduates from the Goa campus for their front-end consulting profile, and banks such as JP Morgan Chase and Co for their finance roles,” said Balasubramanian.