Fancy pack­ages surge at non-IIT en­gi­neer­ing col­leges GIREESH BABU & SAM­REEN AH­MAD

Business Standard - - ECONOMY -

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.

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