The first batch of B Tech students of the city’s new tech institute, IITHyderabad that will pass out in 2012, has bagged some of the heftiest pay packages offered to IITians this year. The placements for the first batch started on December 2. A final year computer science student has got a Rs 35-lakh per annum job from a Japanese software company, Works Applications. Not just that, about half-adozen students of the institute have bagged pay packages ranging between Rs 15 lakh and Rs 20 lakh so far from Indian companies. 

   The institute’s placement officers said that so far 40 of the B Tech batch of 111 students have got jobs. The pay packages offered to them by Indian companies range between Rs 6.5 lakh and Rs 20 lakh. Over 60 companies have participated in the recruitment drive.  Students from the computer science stream have walked away with the honours with 80% of the jobs offered by the companies having been bagged by them. The institute offers B Tech courses in three streams including computer science, electrical and mechanical engineering.  Officials said their recruitment drive will be open till April, 2012. “Within four weeks of the drive we were able to place a total of 90 students from both the B Tech and M Tech batches. We believe that by the end of the drive we will be able to place almost all the students,” said G V V Sharma, faculty incharge, placements, IIT-H. A total of 167 students from B Tech, M Tech and MS chemistry will be passing out in May, 2012 from the institute. This is the first massive recruitment drive of IIT-Hyderabad, which was established in 2007.  This year a mini recruitment drive was done for the first batch of M Tech pass outs where about 16 companies had participated. “We are expecting more companies to come in with offers in January,” Sharma said. Some of the companies that have come for placements so far including software companies like Microsoft, TCS, and Cognizant.
   Interestingly, even for engineering streams that are less popular including electrical and mechanical, several recruiters have come to take in students, officials said. Top recruiters of students from the electrical stream include AMD, Xilinx and Nividia. Recruiters for the mechanical stream include Bharat Petroleum, Indian Navy and Mahindra and Mahindra. Recruitment officers, however, said that for students of some streams in the M Tech batch, placements have not taken off quite well. Several students of M Tech, Chemical, Civil and Material Sciences courses are still waiting for jobs, officials said. “Some recruiters have placed a handful of these students. But in the coming months we will try to get all of them placed,” an officer said.