Fancy packages surge at non-IIT engineering colleges GIREESH BABU & SAMREEN AHMAD
It’s not just the premier Indian Institutes of Technology (IITs) but also the non-IIT engineering colleges that have seen attractive job offers and compensation packages during their final placements this year.
Institutes like BITS Pilani, SRM University and Vellore Institute of Technology (VIT) have registered robust growth in job offers.
For instance, at VIT, ‘Super Dream’ offer, which is a salary package above ~1 million, was bagged this year by around 614 students against 360 last year. Moreover, dream offers, which is between ~4,50,000 and ~1 million has been given to 1,820 students so far and the recruitment under this category is still on.
“Some of the trends observed this year include higher salary packages and offers. Expectations of the recruiters are also growing, with higher demand for students having coding knowledge even with non-computer courses,” said V Samuel Rajkumar, director, placement and training, Vellore Institute of Technology (VIT).
At BITS Pilani, which has almost completed its first hiring cycle, the rate of placement has gone up by 20.4 per cent this year compared to last year. It had placed 844 students in the August to December cycle, against 700 last year. The second cycle will begin from January 2019 and go up to MayJune 2019, wherein BITS Pilani is hopeful of getting around 95 per cent students placed.