JAIPUR: Technology and e-commerce players have taken the lead over companies in core industries during the campus placements at the Birla Institute of Technology and Science (BITS)-Pilani. And Google has offered an annual package of Rs 1.40 crore to students selected this year, sources said. The institute hopes to break its last year record of Rs 1.44 crore, offered to one of its students by Facebook.
With companies such as Linkedln, Microsoft, Flipkart, Schlumberger, Goldman Sachs and Amazon also visiting the campus, students eye big offers. All these companies have increased their compensation offer by 5-25%, indicating a better job scenario.
The BITS placement session for 2014 started off with Google, which conducted its first round (written) on August 18 at the Pilani campus. The company's HR team is slated to visit India in the first week of September.
"A good number of students sat for the first round. We hope that a few of our students will make to the final selection," said G Balasubramanium, chief placement officer at BITS-Pilani.
This year, 2,300 BITS students are eligible for campus placements — 53 were placed in two days, with the highest domestic package of Rs 23.5 lakh. Microsoft and Schlumberger have also shortlisted students. Both have offered more than Rs 70-lakh annual package to BITS students.
Overall, BITS has placed 150 students at its three centres — Pilani, Goa and Hyderabad. In Goa and Hyderabad, the placement session started on August 13. Facebook, which visited BITS for three consecutive years till last year and offered the highest package in 2013, is not scheduled to visit the campus this year.
The placement officer admitted that attracting these big companies wouldn't have been possible without the support of the alumni who have a wide network among companies. The institute is confident that by the end of April 2015, 100% students will get placements.
A few students have shown interest in public sector undertakings (PSUs) due to revised pay grades.
Many students here have opted out of placement session to open their own startups. Balasubramanium said among those who opted out of placement sessions, 10 have already started their companies, mostly in IT and communication.