Three IT companies--Microsoft, DE Shaw & Co. and PayPal--have together recruited 16 candidates with super dream offers during the slot-1 campus placements for the 2019 B.Tech. graduating batch at the Vellore Institute of Technology campus here recently.
The highest super dream offer of Rs.39 lakhs per annum since VIT inception was given by Microsoft to eight students. DE Shaw & Co. recruited one student with a dream offer of Rs.33 lakhs per annum while PayPal gave a dream offer of Rs. 21.5 lakhs per annum to seven students.
The campus recruitment process of super dream companies (CTC of more than Rs.10 lakhs per annum) would continue till the first week of August, and more than 30 companies in this category are expected to visit VIT for their recruitment. This process will be followed by the visit of dream companies (IT and core) that offer more than Rs. 5 lakhs per annum.
M.Tech. internship placements for the 2019 graduation batch took place in June, with 60 companies recruiting 507 M.Tech students with internship stipend ranging from Rs. 10,000 to Rs .45,000. Intel has recruited 147 M.Tech. students for internship this year.
A total of 487 companies were involved in the recruitment process last year, while more than 500 companies are expected to visit VIT for the recruitment exercise till May 2019.
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