Jobs galore at engineering colleges, pay offers up 15%; highest at Rs 39L

Tech institutes beat economic slowdown; salary packages up 10-15%

Despite a downturn, India's leading engineering colleges other than the IITs have found good final placements in top companies in India.

Both average and highest pay packages at campuses are up 10-15% from a year ago thanks to a surge in domestic offers. While there have been reports of the health of the Indian software services sector deteriorating and beginning to jolt the job market, this news comes as a major relief.

“Placements are very good compared to last year. Many companies are visiting for multiple profiles,” RS Walia, training and placement head at Delhi Technological University told Economics Times.

Hiring is up 15%, said Walia, with companies including Amazon, Directi, PwC, L&T, Maruti Suzuki, Airtel and Samsung recruiting more this year. “We are also targeting a large number of first¬timers for the 2017¬18 session,” he said.

Let us take a look at campus placements of some of India's top-notch engineering institutes:

BITS Pilani University: Placements at the three campuses in Pilani, Goa and Hyderabad started in early August. Nearly 586 students were placed by the end of September, up from 546 a year ago. Qualcomm (50), Oracle (48) and Microsoft (38) have picked the maximum number of students so far at BITS Pilani University.

Highest offer: A cloud-computing software company Nutanix offered the highest salary package at Rs 39.48 lakh, up nearly 13% from last year.

Average Salary has gone up 10% to Rs 16.05 lakh.

NIT Warangal: Uber has made the highest offer so far at Rs 36 lakh, according to a report in Economic Times. Qualcomm has made the maximum number of offers at NIT Warangal, along with Amazon and Fidelity. (more)