Amit Agarwal and Sarthak Bharadwaj of Vellore Institute of Technology, who received Rs 1.02 crore salary offer during the ongoing campus placements of the institute. (Photo Courtesy: VIT)
Vellore, July 26 (MExN): Two students of Vellore Institute of Technology (VIT), Amit Agarwal and Sarthak Bharadwaj have been offered Rs 1.02 crore as CTC (Cost to company) annual salary package during the ongoing campus placements, the Institute informed in a press release.
Both Agarwal and Bharadwaj are final year students of VIT’s Computer Science Engineering.
The Pre-Placement Offers (PPO) were made by Motorq, a venture-backed connected-car data and analytics software platform company where the duo did their summer internship, the Institute informed.
Campus placements at VIT commenced on July 12 for the 2023 graduating batch from the institute sharing slot-1 with five Super Dream companies namely Microsoft, DE Shaw, Morgan Stanley, Airbnb and Media.net.
The institute adheres to a centralised placement process and the students from all the four campuses of VIT—Vellore, Chennai, Amaravati (AP), and Bhopal (MP) participated in all the campus recruitment processes, the Institute said.
The results for the Slot-1 campus placements were announced by Dr G Viswanathan, Chancellor, VIT this week.
As per the release, Microsoft selected 45 students for fulltime offers, which include Slot–1 and pre placement offers. The other slot 1 company offers include DE Shaw-2, Morgan Stanley-3 and Airbnb-4 and Media.net-1.
Followed by Slot-1 placements, companies like Amazon, Wells Fargo, Texas Instruments, Walmart labs, Silicon labs, Arcesium, Krypto and Meesho are in the pipeline and 184 students from the 2023 graduating batch received PPOs from companies during their summer internship, it said.
The PPOs offered were Microsoft (22); DEShaw (2), Fidelity investments (24), JP Morgan (82), Wells Fargo (8), Infosys (7), The Math company (32) and Schneider Electric (7).
The other PPO results of VIT students who did their summer internships with Natwest, Morgan Stanley, ZS associates, Pidilite, Google, Providence, Schlumberger, Wallmart, GAP and Adobe are expected soon, it informed.
Overall, ‘175 Super Dream Placements’ and internship offers (CTC more than Rs 10 Lakh Per Annum) were rolled out to VITians by top companies in the first week of the placement season and the placement calendar is packed till the end of August, 2022 with ‘Super Dream companies’, it maintained.
Amazon made ‘110 Super Dream Internship’ offers to the VIT students, which is the highest in the country so far, it added.
VIT also topped the first phase of TCS – National Qualifier Test (2022) in the country with 4630 students clearing the test process, it further informed.
The PG internship placements which started in March 2022 at VIT is continuing, and simultaneously 88 companies have already completed their hiring process and have selected 1204 PG students from M Tech (2yr), M Tech (5yr) (Software Engineering) and MCA courses of 2023 graduating batch, it added.
