BITS Pilani Placements 2020: Highest domestic compensation offered ₹45 lakh

AY 2019-20 began with a bang with elite recruiters in the IT space such as Microsoft, Amazon, DE Shaw, App Dynamics, Uber, Cisco, Samsung R&D, and Goldman Sachs giving pre-placement offers to their summer interns.

BITS Pilani Placements 2020: Birla Institute of Technology and Science, Pilani winded up its campus placement recently with an overwhelming response for the year 2020. Talking about the response and achievements that BITS Pilani accomplished during this placement season G Balasubramanian, Chief Placement officer, India & Dubai, BITS Pilani stated, "The achievement comes at a time when industries see mass layoffs and offer revokes. BITS was among the least affected institutions, with a mere 1.9 per cent of students (42 out of 2,120 selects) being affected, some of whom have already been re-employed at other organisations."

According the placement report, AY 2019-20 began with a bang with elite recruiters in the IT space such as Microsoft, Amazon, DE Shaw, App Dynamics, Uber, Cisco, Samsung R&D, and Goldman Sachs giving pre-placement offers to their summer interns. Some prominent industry names such as HUL, Micron, CDM Smith, F5 Networks, Wells Fargo and OnePlus became a part of the BITS Pilani campus placement for the first time. Similarly, in the electronics and semiconductor segment, Qualcomm, Intel, Western Digital, Maxim Integrated, Analog Devices, and NXP Semiconductors gave offers across BITS Pilani Indian campuses.

During the placemnet season, BITS Pilani attracted many top industry players in the core segment. ISRO was followed by General Electric, Whirlpool, Exxon Mobil, Cairn, Visteon, Arup, Tata Motors and Tata Advanced Systems.

In the IT and Electronics space, major companies restructured their compensation to attract top talent and get an early slot for hire. The highest domestic compensation of around ₹45 lakh was offered by D.E Shaw India. With more than 320 students receiving CTCs above ₹25 lakh, AY 2019-20 witnessed decent growth of 12.5 per cent in the median salary from ₹12 lakh in AY 2018-19 to ₹13.5 lakh in AY 2019-20. The placement report also suggest that the average salary increased by 13.3 per cent, to ₹15.77 lakh in AY 2019-20 from ₹13.91 lakh last year.

While the domestic placements saw a wonderful response, international placements took a hit due to visa restrictions. The report suggest, US-based IT companies preferred to stay away whereas, manufacturing companies such as Daikin and Polybee gave offers for roles in Belgium and Singapore, respectively.

According to BITS Pilani officials, the institution looks forward to an aggressive hiring season ahead, with around 125 companies including major brands having already hired from campuses, with 590 students placed since the beginning of the 2020-21 placement season.

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