VIT placement drive 2019: 245 companies recruit 2026 students
Private
sector educational institute Vellore
Institute of Technology
(VIT) has said that a total of 245 companies have visited its campus
in this year's placement season so far and recruited 2026 students.
The
campus recruitment, for the batch graduating in 2020, started on May
1, 2019 with PG internship placements. A total of 150 companies
participated in the internship programme and selected 788 students
from M Tech and MCA courses. Major internship recruiters included
Amazon, Net App, Intel, VM Ware, Oracle, Philips and Cummins.The selected students have started doing their 10 months internship. They are paid a monthly stipend ranging from Rs 10,000 to Rs 50,000. After the internship period, most of the students are expected to be absorbed as full time employees with a minimum package of Rs 5 lakh per annum, the institution said. "Dream Companies" are those that offer packages of over Rs 5 lakh, while "Super Dream Companies" offer over Rs 10 lakh.
The "Super Dream" companies were invited for the first phase of campus recruitments. The "Slot One" of the super dream companies was shared between four companies which offered more than Rs 25 lakhs per annum. Amazon, Pay Pal, Cisco and De Shaw were the slot one recruiters. Earlier, Microsoft has recruited 7 students with a CTC of Rs 41.6 Lakhs per annum from the current batch, which is the highest so far. According to VIT, 92 super dream companies have visited the campus to offer jobs and internships. Read More
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