Day 1 of placements at IIT-Bombay: Financial firm offers ₹45 lakh, highest domestic pay - News Summed Up

Day 1 of placements at IIT-Bombay: Financial firm offers ₹45 lakh, highest domestic pay


Investment management company WorldQuant, which selected three candidates, and software giant Microsoft offered annual salaries (CTC) of Rs 39.6 lakh and Rs 39.02 lakh for domestic job profiles. Last year, Blackstone and WorldQuant had made offers to the tune of Rs 35 lakh and Rs 25.2 lakh in base salaries. The first day saw 30 companies — mostly from consultancy, finance, software and engineering sectors — making 139 international and domestic offers. NEC Japan offered Rs 45.70 lakh to one student. Last year, IITs had blacklisted and banned 31 start-ups for campus placements for withdrawing their job offers.


Source: Hindustan Times December 02, 2017 19:18 UTC



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