INR 4.3 Crore Job Offer to IIT Madras Engineering Student breaks record

INR 4.3 Crore Job Offer to IIT Madras Engineering Student breaks record

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Anum Ansari
Deputy Manager – Content
New Delhi, Updated on Dec 4, 2024 11:12 IST

IIT Madras Placements 2024 records incredible response from the industry. The whopping INR 4.3 crore job offer to the IIT Madras student showcases the growing demand for top talent in fields such as quantitative trading and technology.

IIT Madras Placements 2024: With the ongoing final placement season at IITs, one standout achievement has grabbed all the attention: an engineering student from Indian Institute of Technology (IIT) Madras has received a jaw-dropping INR 4.3 crore job offer. The offer, made by global trading giant Jane Street, includes base salary, fixed bonus, and relocation allowances for a quantitative trader role in Hong Kong.

IIT Madras Placement 2024 Highlights

This extraordinary job offer to IIT Madras software engineering student came via the pre-placement offer (PPO) route, extended to a computer science and engineering student who had previously interned with the firm. The student’s expertise and experience during the internship played a crucial role in securing the remarkable offer.

Placement Season across IITs

The IIT placement season has seen significant activity across multiple campuses. IIT Kharagpur, for instance, made over 750 job offers on the first day of placements for the 2024-25 session. High-paying roles in software, analytics, finance, and consulting sectors have been the most in demand. Additionally, nine students received international offers, with some even surpassing INR 1 crore in compensation packages.

IIT Placements 2024: Top Companies Offering High-Paying Roles

A host of prestigious companies, including Apple, Google, Microsoft, Capital One, and Quantbox, have participated in the placement season, offering lucrative roles across various domains.
The incredible INR 4.3 crore job offer to the IIT Madras student showcases the growing demand for top talent in fields such as quantitative trading and technology. With placements in full swing across IITs, students are set to secure rewarding career opportunities in 2024-25.

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Anum Ansari
Deputy Manager – Content
"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme Read Full Bio

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