Facebook offers Rs. 70 lakh per annum package to IIT student

Facebook offers Rs. 70 lakh per annum package to IIT student

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Asia Bizz: An Indian IIT student at Kanpur, who is part of M Tech (Computer Science and Engineering), has allegedly been offered the most lucrative job offer package by the social networking giant Facebook.  At the ongoing campus placements going on at the IIT Kharagpur, reports alleged that Siddharth Agarwal has been offered a Rs. 70 lakh per annum package.

The registrar of IIT K, Sanjeev Kashelkar, said that student Siddharth Agarwal has been offered the package near Rs 70 lakhs. Kashelkar added that the social networking site has earlier offered high packages to other students, but this one is the highest till now.

The registrar refused to reveal the actual amount. Last week, Facebook is reported to have offered a similar package to a student of IIT K. The placement process at the IIT started on December 2, 2011.

More than 950 graduates will be trying for jobs in some of the high profile companies like the GE, Infosys, Microsoft and TCS. It was reported that on the first day itself, more than 100 students were placed with 15 students who were picked by Microsoft. So far more than 400 students have been placed. In the upcoming days more than 200 companies are expected to visit the campus for placements till December 22.