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Yahoo, Sony, other Japanese firms top international offers at IIT Bombay placements

Ipsita Sarkar | Updated on: 10 February 2017, 1:38 IST

Japanese companies such as Yahoo, NEC, Murata (Sony), ended up hiring the most number of students for international jobs at IIT Bombay placements 2016-17. The placements, that commenced last week, witnessed more than 400 offers made to final year BTech students of the institute.

Amongst the Japanese firms, Worksapp offered the highest (base) package of 60 lakhs Japanese Yen (JPY) per annum. Yahoo offered an annual package of 37.52 lakhs JPY, Rakuten offered 37.20 lakhs JPY while Toyo Engineering offered 35.16 lakhs JPY.

Among US firms, Uber made the highest annual package offer of $ 1.10 lakh, followed by Microsoft which offered $1.06 lakh per annum and Oracle $ 1 lakh per annum.

In domestic roles, highest package of Rs 35 lakh was offered by Blackstone. Schlumberger offered Rs 28 lakh, World Quant Rs 25.20 lakh and Xerox Research Rs 22 lakh.

A number of companies are hiring across all sectors like Research & Development, Consulting, Finance, Software roles etc at IIT Bombay during the ongoing placement season. Intel Technologies, Samsung R&D, Goldman Sachs, Citi Corp Services India Ltd. were some of the companies that selected maximum number of students for domestic (India) jobs.

Startups like Uber, PayTm, Ola Cabs have also hired students from the campus, informed the institute.

"Over the next few days, other companies are likely to visit the campus. Reputed educational institutions/universities across India will be in campus for the interviews this week. The placement season, so far, has seen a positive trend when it comes to companies vs job offers made," said a spokesperson.

First published: 13 December 2016, 3:36 IST
Ipsita Sarkar @piercingharmony

Ipsita writes on education with focus on schools, higher education (engineering, B-Schools), HRD ministry, policies, and startup ecosphere. She's previously worked with Hindustan Times and Shiksha.com.