IIT Bombay Placements Start with Dutch Firm’s Record-Breaking Offer

IIT Bombay Placements Start with Dutch Firm’s Record-Breaking Offer

Last Updated Dec - 02 - 2024, 06:01 PM | Source : India Today | Visitors : 41

The 2024 IIT placement season begins with record offers, including Rs 2.2 crore from Da Vinci Derivatives. Top recruiters like Jane Street, Nvidia, and Flipkart
IIT Bombay Placements Start with Dutch Firm’s Record-Breaking Offer

The 2024 final placement process began on Sunday at prestigious IITs, including Delhi, Bombay, Madras, Kanpur, Roorkee, Kharagpur, Guwahati, and BHU. The strong demand for talent from these universities is demonstrated by the attractive employment offers students have begun to receive.

With almost 45 firms participating on the first day of the placement season, IIT Bombay got off to a tremendous start. One such example was the trading company Da Vinci Derivatives, which allegedly provided one of the largest compensation packages for positions at its Amsterdam branch, totaling Rs 2.2 crore annually.

Indian companies like Ola and Flipkart made aggressive offers on the first day. December 15 is the concluding day of the placement season.

The impressive start demonstrates the institute’s sustained appeal to top recruiters worldwide. The corporation apparently offered offers to at least three students, although the actual number of offers was unknown at the time of publishing.

Jane Street, a major hedge fund business, extended pre-placement offers, with last year’s package at an astonishing Rs 3.7 crore. IMC Trading provided a Rs 1 crore compensation for positions in its Mumbai office and shortlisted ten individuals.

Graviton, Quadeye, and WorldQuant made domestic offers surpassing Rs 90 lakh, with Quadeye also offering possibilities for its Hong Kong branch. Top worldwide brands such as Nvidia, McKinsey, BCG, Blackstone, Sony Japan, Pine Bridge, and GE Aerospace were key recruiters.

READ MORE| "Assam To Create New Posts For Graduate Teachers in..." Says CM Sarma

 

 

Share :

Trending this week

Delhi Chief Minister started an internship program to empower youth in governance

Jul - 01

As a courageous and fresh step, the Chief Minister of Delhi launched an internship program to empower the youth in governance, raising hopes of cha... Read More

CBSE Invites Nominations for National Teacher Award 2025

Jun - 27

The Central Board of Secondary Education (CBSE) has initiated the self-nomination process for the National Teacher Award 2025, aimed at recognising... Read More

JEECUP Counselling 2025 Begins

Jun - 27

The Uttar Pradesh Joint Entrance Examination Council (JEECUP) has officially launched the counselling process for admissions to diploma-level polyt... Read More