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NITK student bags Rs. 60-lakh pay packet

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More than 10 students had received salary offers of over Rs. 20 lakh per annum from Facebook, Google, Microsoft, Texas Instruments, National, Tata Consultancy and Bajaj Auto

NITK Campus

The National Institute of Technology Karnataka (NITK) at Surathkal near Mangalore may not be the usual headline grabber, but it has created a history of sorts with top-dog global firms offering fat salaries to three of its students. Less than a month after multinational companies visited NITK - formerly known as Karnataka Regional Engineering College - for recruitment, one student has been offered a whopping Rs. 60 lakh as salary (per annum) networking portal Facebook, setting a new benchmark in campus recruitments in the country.

Two other students have been offered Rs. 57 lakh and Rs. 50 lakh per annum, respectively, All the three are seventh-semester students of Computer Science and Information Technology and will complete their studies in April-May 2012. They are expected to join their new jobs in May June 2012. 3 get Rs. 50 lakh package
Speaking with Deccan Herald over the phone from New Delhi, NITK Director Prof Sandeep Sancheti said three students (all males) were offered more than Rs. 50 lakh and more than 10 students had received salary offers of over Rs. 20 lakh per annum from Facebook, Google, Microsoft, Texas Instruments, National, Tata Consultancy and Bajaj Auto.

So far, only 25 per cent of the recruitments (about 300 jobs) have taken place and the rest would be done in the coming months, Sancheti added.
NITK placement officer Prof R. Shivshankar said the average salary received students of NITK in the last academic year was Rs. 5.3 lakh, while it has gone up to Rs. 10 lakh this academic year, in spite of the economic downgrade.
"The NITK has been maintaining its standard. As a premier institute, it has a very good track record and IT giants from across the globe are visiting the campus for recruitments," said Sancheti.
The institute offers nine undergraduate courses as well as 20 postgraduate courses.

Courtesy: Deccan Herald

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