New Delhi: Vellore Institute of Technology (VIT), Vellore conducted its campus placements for the class of 2023 graduates, where two students have received an offer of ₹1.02 crore each annual salary package.
Amit Agarwal and Sarthak Bharadwaj, final year Computer Science Engineering students at VIT, have reportedly been offered INR 1.02 crore as annual CTC by MotorQ, a venture-backed connected-car data and analytics software platform startup.
Both the students completed their internship at MotorQ over the summer and received pre-placement offers (PPO).) A total of 184 graduates from the class of 2023 during their summer internships have bagged PPOs from their respective companies.
The pre-placement offers were made by companies including Microsoft (22 offers), DEShaw (2 offers), Fidelity Investments (24 offers), JP Morgan (82 offers), Wells Fargo (8 offers), Infosys (7 offers), The Math business (32 offers), and Schneider Electric (7 offers).
The other PPO results from VIT students who interned over the summer at Natwest, Morgan Stanley, ZS Associates, Pidilite, Google, Providence, Schlumberger, Walmart, GAP, and Adobe are expected to be released soon.
Prominent companies including Amazon, Wells Fargo, Texas Instruments, Walmart labs, Silicon labs, Arcesium, Krypto, and Meesho are in the pipeline for the Slot 1 placements.
Overall, some of the top-notch companies offered a total of 175 Super Dream Placements and internship offers (with CTC greater than 10 lakh per annum) in the first week of the placement season.
The VIT placement calendar is up through the end of August 2022, the placement with a bunch of Super Dream companies. E-commerce giant, Amazon made almost 110 Super Dream Internship offers to VIT students which is the highest in the country so far.
Earlier on July 12, the Campus placements at VIT began for the class of 2023 graduates, who shared slot -1 with five Super Dream companies: Microsoft, DE Shaw, Morgan Stanley, Airbnb, and Media.net.
The students from all the four campuses of VIT— Vellore, VIT Chennai, Amaravati (VIT AP), and VIT Bhopal (MP) participated in all the VIT campus recruitment processes.
The entire process for all Slot-1 companies, mainly pre-placement talk, online test, technical and HR interviews, were conducted in a hybrid mode (physical/ remote).
The Vellore Institute of Technology's (VIT) Slot 1 campus placement results were released this week by G. Viswanathan, Chancellor, VIT.
According to the VIT statement, Microsoft selected nearly 45 students for full-time offers, including pre-placement and Slot-1 offers.
The other slot 1 company offers came from DE Shaw with two, Morgan Stanley with three, Airbnb with four, and Media.net with one offer. The statement revealed that 4,630 students in total passed the first stage of the TCS - National Qualifier Test (2022).
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