A US-based company has hired a NIT-Tiruchirappalli Computer Science and Engineering Graduate at an insanely high annual package of $1.25 lakh (about Rs 70 lakh INR), reports a senior faculty of NIT Trichy.
This year, there has been a significant increase in annual average salary in campus placement at NIT Trichy. The average package for UG candidates is about Rs. 6.25 lakh as against Rs 5.5 lakh last year. NIT-T has clinched 100% placements for UG candidates passing out this year. For PG candidates, this figure stands at about 80%.
About 20% of the PG candidates had gone for research and higher studies abroad," A K Bhakthavatsalam, dean, placement and training told reporters last night.
Last year, a UG candidate was offered $1.08 lakh. For three consecutive years, NIT- T students have been bagging the highest annual pay packages in the country, he claimed.
Over 240 companies, consisting of PSUs, MNCs, IT, manufacturing, banking and consultancy had visited the institute for the placement exercise of 2012 passing out batch.
The 8th convocation of NIT-T will be held on Saturday.