Microsoft offers 39 lakh package at IIT Mumbai

Microsoft offered 39 lakh package to 4 students at IIT Mumbai.On the second day of placement in IIT-Bombay around 250 IIT students have been selected by evening on December 2nd (Saturday).

Samsung proved big recruiter by hiring 24 students. On day one there were 20 international offers had been rolled out. Main recruiters are Uber, Microsoft, NEC, ISRO, BPCL, Rubic. Two PSUs picked up 13 Students taking the count 155.

Friday saw 34 companies participating. “For domestic roles, the most offers were made by Goldman Sachs, Qualcomm, IBM, Microsoft, Boston Consulting Group, Cairn, McKinsey Knowledge Centre and Tata Steel,” stated the placement cell. Compensation-wise, the highest packages came from Blackstone (Rs 45 lakh), WorldQuant (Rs 39.6 lakh) and Microsoft (Rs 39.02 lakh).

Day two saw companies like Samsung Bangalore, Intel, Oracle, Visa, Murata, Adobe, Walmart, Quadeye, UBS, Flow Traders, MasterCard, Yahoo Japan, Ab Inbev, Flipkart, ICICI, American Express, Eaton Technologies, JP Morgan Chase, Mathworks, Mercedes Benz, Flock, Deloitte Consulting, Maxlinear, Citicorp.

Day one at IIT-Madras saw 195 offers from 33 companies. At IIT-Guwahati, day one offers went up to 178, as opposed to last year’s 154.

IIT Bombay was founded in 1958. In 1961, the Parliament decreed IITs as Institutes of National Importance. A high-power committee of Government of India recommended in 1946 establishment of four higher institutes of technology to set the direction for the development of technical education in the country. Planning for the Institute at Mumbai began in 1957 and the first batch of 100 students was admitted in 1958. Since its establishment in Powai, the institute has physically expanded to include more than 584 major buildings with a combined area of more than 2.396 gross square feet

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