IIT Placements 2024-25: Rs 4.3 Crore Job Offer Steals the Spotlight! Read All the Details Here!
The Indian Institutes of Technology (IITs) have commenced their final placements for the 2024-25 batch, with various top companies participating in the recruitment process. The IIT placements are a highly anticipated event, with students from all over the country vying for lucrative job offers. In this article, we will delve into the details of the IIT placements, including the highest job offer, participating companies, and sector-wise placement trends. Check all the details about IIT Placements 2024-25 here.
The Rs 4.3 Crore Job Offer of IIT Placements 2024-25
The highlight of the IIT placements this year is the whopping Rs 4.3 crore annual salary package offered by global trading company, Jane Street. This offer was made to a computer science and engineering student from IIT Madras, through the pre-placement offer (PPO) route. The student had interned with the firm earlier and has been offered a quantitative trader role based in Hong Kong.
This offer is not only the highest in the IIT placements but also one of the highest in the country. Before proceeding further, Take a look at: IIM CAT 2024 Answer Key Released: Download Now and Raise Objections! Check All the Details Here!
IIT Kharagpur Placement Highlights
On the first day of the 2024-25 placement session, IIT Kharagpur students received over 750 job offers. The sectors that offered the maximum jobs were:
- Software: With the increasing demand for technology and digital transformation, software companies were among the top recruiters at IIT Kharagpur.
- Analytics: With the growth of data science and analytics, companies in this sector also made a significant number of offers.
- Finance: Finance companies, including investment banks and financial institutions, also recruited heavily at IIT Kharagpur.
- Banking: Banking companies, including private and public sector banks, also made a significant number of offers.
- Consulting: Consulting companies, including management consulting and IT consulting, also recruited at IIT Kharagpur.
- Core engineering: Core engineering companies, including those in the automotive and aerospace sectors, also made offers to IIT Kharagpur students.
IIT Placements 2024-25 International Offers
Nine students from IIT Kharagpur secured international offers, with companies from the US, UK, and Hong Kong recruiting students. These offers not only provide students with a global perspective but also offer them a chance to work with some of the top companies in the world. Do not miss out on reading: CTET December 2024 Exam City Slip Released: Download Now and Get Ready for the Exam! Check All the Details Here!
IIT Placements 2024-25 Participating Companies
Some of the top companies that participated in the placement session on the first day at IIT Kharagpur included:
- Apple: The tech giant recruited students from IIT Kharagpur for various roles, including software engineering and data science.
- Capital One: The financial institution recruited students for roles in finance and analytics.
- DE Shaw: The investment firm recruited students for roles in finance and trading.
- Glean: The software company recruited students for roles in software engineering and data science.
- Google: The tech giant recruited students for various roles, including software engineering and product management
- Graviton: The software company recruited students for roles in software engineering and data science.
- Microsoft: The tech giant recruited students for various roles, including software engineering and data science.
- Optiver: The trading firm recruited students for roles in finance and trading.
- Quantbox: The software company recruited students for roles in software engineering and data science.
- Databricks: The software company recruited students for roles in software engineering and data science.
- Squarepoint Capital: The investment firm recruited students for roles in finance and trading.
- Ebullient Securities: The financial institution recruited students for roles in finance and analytics.
- Samsara: The software company recruited students for roles in software engineering and data science.
Sector-Wise Placement Trends
The IIT placements saw a significant trend in the following sectors:
- Software: With the increasing demand for technology and digital transformation, software companies were among the top recruiters at IIT Kharagpur.
- Finance: Finance companies, including investment banks and financial institutions, also recruited heavily at IIT Kharagpur.
- Consulting: Consulting companies, including management consulting and IT consulting, also recruited at IIT Kharagpur.
- Core engineering: Core engineering companies, including those in the automotive and aerospace sectors, also made offers to IIT Kharagpur students.
Conclusion
The IIT placements for the 2024-25 batch have seen a significant number of lucrative job offers, with top companies participating in the recruitment process. The Rs 4.3 crore job offer by Jane Street is a highlight of the placements, and the sector-wise placement trends indicate a strong demand for technology and finance professionals. With the IIT placements, students can expect a promising career ahead, with opportunities to work with some of the top companies in the world.
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