STOCK MARKET BSE NSE

81 VIT students get placements with pay package of over Rs 25 lakh

The students from all the four campuses of VIT, Vellore, Chennai, Amaravati (AP) and Bhopal (MP) participated in the campus recruitment processes.

Published: 05th August 2021 05:01 AM  |   Last Updated: 05th August 2021 10:03 PM   |  A+A-

VIT-Chennai

Vellore Institute of Technology campus in Chennai

By Express News Service

VELLORE: 81 students from Vellore Institute of Technology (VIT) got placements with pay package of Rs 25 lakh per annum and above in the initial phase of the placement season. The highest CTC of Rs 75 lakh per annum was offered by a start-up.Campus placements at Vellore Institute of Technology (VIT) commenced on July 15 for the 2022 graduating batch and saw participation of eight super dream companies — Microsoft, Dyte, Amazon, PayPal, DE Shaw India Pvt Ltd., Morgan Stanley, Udaan and WorkIndia, according to an institution release.

The students from all the four campuses of VIT, Vellore, Chennai, Amaravati (AP) and Bhopal (MP) participated in the campus recruitment processes. Chancellor of VIT Dr G Viswanathan announced the results of the Slot 1 campus placements. Microsoft selected 21 students for fulltime offers, while PayPal offered 13, Udaan 3, Dyte 6, WorkIndia 8, DE Shaw India Pvt Ltd 2, Morgan Stanley 10 and Amazon 13. The highest CTC of Rs 75 lakh per annum was offered by Dyte to two students. Companies like Wells Fargo, Texas Instruments, Walmart Labs, Komprise and Societe Generale are in the pipeline.

Meanwhile, 129 students received pre-placement offers (PPO) from DE Shaw India Pvt Ltd (1 offer), Fidelity Investments (13), HPE CTY (8), JP Morgan (60), Natwest (2), Wells Fargo (10), Visa (10), Morgan Stanley (5), ZS associates (7) and Appointy (3). Overall, 195 super dream placements and internship offers were rolled out to students by top companies within two weeks of the placement season, Viswanathan said.

The PG internship placements which started in VIT in March 2021 is continuing simultaneously, and 118 companies have already completed their remote hiring process and have selected 912 postgraduate students from two-year M Tech, M Tech (Software Engineering), MCA and MSc courses of 2022 graduating batch. Intel, Qualcomm, NetApp, Nokia, Philips, Titan, PayPal, VMware, Media Tek, Danfoss etc., are some of the prominent recruiters that hired interns this year.


TAGS
VIT

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

edexworks
flipboard facebook twitter whatsapp