First day of campus selection at VIT: 16 students get dream offers

Three IT companies - Microsoft, DE Shaw & Co. and PayPal - have together recruited 16 VIT (Vellore Institute of Technology) students with great packages during the slot-1 campus placements for the 2019 BTech graduating batch recently.

The highest offer of Rs.39 lakhs per annum (since VIT’s inception) was made by Microsoft to eight students.  DE Shaw & Co. recruited one student with an offer of Rs.33 lakhs per annum while PayPal gave an offer of Rs. 21.5 lakhs per annum to seven students.

The campus recruitment process would continue till the first week of August and more than 30 such companies are expected to visit VIT for the placement drive. This process will be followed by the visit of IT companies which are expected to make an offers of more than Rs.5 lakhs per annum.

MTech internship placements for the 2019 graduation batch took place in June, with 60 companies recruiting 507 MTech students with internship stipend ranging from Rs.10,000 to Rs.45,000.  Intel has recruited 147 MTech 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.