Here’s where you can get over Rs 1-Cr salary package

Check here the list of colleges in India where campus placement can fetch students over Rs 1 Cr package.

The placement season at the Indian Institutes of Technology (IITs) and many other colleges has begun already. Topnotch firms had booked early slots for themselves to grab the cream talent to whom they are ready to offer high packages. The placement season at the Indian Institutes of Management (IIMs)  took place early this year between February and July. With annual salaries rising to as high as Rs 1 crore and beyond per annum, premier institutes such as IITs, IIMs, etc., are producing some really talented bunch. Let’s take a look at some of the top colleges where the annual pay packages offered have touched Rs 1 crore and beyond.

In 2019, many economies in the world, including ours, were hit with an economic slowdown. However, the elite engineering colleges have remained relatively insulated from the slowdown. Institutes have witnessed an increase in the numbers of pre-placement offers (PPOs), the number of offers made during the first phase, and a rise in the packages offered.

Placements in the ongoing session

With the first phase of placements nearly coming to an end, students at IIT-Bombay have been offered more than 1,000 job offers and 848 students have accepted it already. Around 43 per cent of the offers came from companies in the Core, and Research and Development (R&D) sectors.

Three students at IIT Roorkee have bagged job offers of Rs 1.54 crore per annum each from an American multinational company (MNC). This is the highest ever package received by any student at the engineering institute. Other institutes that have received such offers this year are IIT Delhi, IIT BHU, IIT Bombay, IIT Kharagpur, IIM Ahmedabad, Indian Institute of Foreign Trade (IIFT) Delhi and Lovely Professional University (LPU).

1 Crore pay package in the past

However, placements at IITs, IIMs, and other premier institutes have had students receiving job offers of Rs 1 crore plus in the past years, too. These high offers are usually made by multinational companies for placements in different countries. For example, IIT BHU student was offered Rs 2.03-crore package from Oracle US in the year 2014.

The decrease in the number of institutes to be offered 1 crore package can be attributed to the slowdown. This, hopefully, will revive in the upcoming year 2020. The institutes that have received 1 crore plus package over the last few years have been listed below-

Institutes with campus placements of Rs 1 crore and above

Read More:

• IIT Delhi witnesses over 700 job offers in first five days of placement season
• More than 1,000 job offers made at IIT-M in Phase 1 placement, 848 grads accept
• IIT placements 2019-20: Students receive record number of Rs 30 lakh-Rs 1 crore offers