Image Source: timesofindia.indiatimes.com
ALLAHABAD: IT majors, including popular social networking sites Facebook and Google, refused to turn up for recruitment at country's premium technical institutes like IITs this year as per reports.
The news may sound disappointing for some but on the contrary, the silver lining is that the same firms have chosen to pick their poor cousins from National Institute of Technology (NITs), offering them handsome pay package of around Rs 1 crore per annum.
Two students of the country's premium Indian Institute of Information Technology, Allahabad (IIIT-A), have bagged lucrative job offers of Rs 60 lakh per annum from Facebook, while another student has been chosen as student ambassador of top notch IT firm Google.
IIIT-A director M D Tiwari said that Ankit Gupta and Yogesh Sharma, both final year students of BTech, have been recruited by Facebook while their batchmate Divanshu Garg has been chosen as the Google student ambassador to represent Indian Institute of Information Technology, Allahabad for the upcoming academic year.
A statement issued by Sunil Rao, country head, Outreach Programs, Google India Pvt Ltd, stated that unprecedented response and excitement was witnessed to the Google Student Ambassador programme, with over 1,750 candidates from more than 100 towns and cities across India vying for GSA title.
Tiwari said that various companies visited the campus of IIIT-Allahabad during the session of 2012-2013. Hundred per cent of BTech students have been placed by nearly dozen of companies with more than 70% of the students getting starting package of Rs 5.5 lakh per annum and the highest package ranging to Rs 60 lakh pa.
Some of the recruiters are Google, Microsoft, Walmart, Yahoo, Amazon, Facebook, Verizon and many more.
However, the one who walked away with the icing on the cake in last year's placement season was Uday Jalan, a student of BTech final at Motilal Nehru National Institute of Technology (MNNIT), Allahabad. He was hired by Facebook at an astronomical pay package of Rs 1.33 crore per annum.
Placement incharge Rajeev Tripathi said that the boy's sojourn with the recruitment procedure of Facebook began with a mail from Facebook in first half of October last year. The lengthy procedure extended to nine rounds of telephonic interviews after which he was selected.
Belonging to a humble family background from Kanpur, the boy got his first posting at Menlo Park, California to begin his career. With this achievement, he became the highest paid final year student recruited in the history of NIT-Allahabad.
Another student of NIT, Suratkal, was also recruited by Facebook at the same time at a pay package of around Rs 1 crore per annum.
David Bergen is the Managing Director at Alvarez & Marsal. He is currently working with Blue Shield to deploy an organization-wide IT transformation, which will migrate from an outsourcer into an internal IT organization. He was formerly the global CIO of Levi Strauss & Co. Learn more about the IT industry by following this Twitter page.