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IIT Graduates Shine with Record-High Salary Offers from Leading Companies

IIT Placement Season Sees Exceptional Offers from Top Global Firms

The Indian Institutes of Technology (IITs) are renowned for their academic excellence, research, and innovation. Each year, lakhs of students graduate from the 23 IITs across India and secure positions in reputable global companies with attractive salary packages. Recently, an IIT-Madras student received an impressive job offer that has generated a significant buzz.

Jane Street, a leading Wall Street trading firm, offered a Computer Science and Engineering student from the Class of 2025 an annual salary package exceeding Rs 4.3 crore. This offer, which includes base salary, fixed bonus, and relocation benefits, sets a new benchmark for the IIT placement season. The student, who previously interned with the firm, will join Jane Street as a quantitative trader in Hong Kong.

Other prominent companies have also extended substantial offers to students from the older IITs. BlackRock, Glean, and Da Vinci have proposed packages above Rs 2 crore, while APT Portfolio and Rubrik have offered over Rs 1.4 crore. Databricks, Ebullient Securities, and IMC Trading have extended Rs 1.3 crore or more offers. Quadeye’s offer is nearly Rs 1 crore, with Quantbox and Graviton offering Rs 90 lakh. Other companies such as DE Shaw (Rs 66-70 lakh), Pace Stock Broking (Rs 75 lakh), Squarepoint Capital (Rs 66 lakh), Microsoft (Rs 50 lakh), and Cohesity (Rs 40 lakh) have made competitive offers.

The final placement process began on December 1 at IITs in Delhi, Bombay, Madras, Kanpur, Roorkee, Kharagpur, Guwahati, and BHU, with leading recruiters such as Qualcomm, Microsoft, Goldman Sachs, Bajaj Auto, Ola Electric, Alphonso, and Nutanix. Although early high-value offers do not guarantee overall placement success, the current trend is more promising than last year. If the student accepts Jane Street’s offer, it will exceed all other offers, though the company has not responded to inquiries.

The current placement season at IITs is witnessing record-breaking offers, with leading global firms extending exceptional salary packages. Jane Street’s lucrative job offer sets a new standard and highlights the growing recognition of IIT talent in top-tier industries.

 

Editor's Note:

The Indian Institutes of Technology (IITs) continue to set high education, innovation, and global recognition standards. This year’s placement season stands out, with students receiving record-breaking job offers from leading companies worldwide. The impressive offer extended to an IIT-Madras student by Jane Street highlights the growing demand for IIT graduates in the global market. As top companies continue to hire IIT talent, the future of technical education looks bright, emphasizing the crucial role IITs play in shaping future leaders and innovators. 

Skoobuzz appreciates that IIT Madras’s student talent is recognized globally through such esteemed company offers, reflecting the immense potential of Indian students to excel in the global workforce.