Kanpur: A desire for pursuing higher studies and professional fulfilment made four IIT-Kanpur students turn eight-figure salaries.
The decision of four students – three boys and a girl – came as a big surprise, especially when two of them settled for lower salaries to work in profiles which they found to be more suitable.
According to the chairman of the IIT-Kanpur placement cell, Prof Deepu Philip, the remaining two students have opted for higher studies over joining any company.
Mr Philip, who refused to divulge the names of the four students, said the offers were made on Wednesday by a multinational company during placement interviews.
“The offer to these four students was for a take-home of $150,000, or close to Rs 93 lakh per annum. Along with other incentives and perks, the size of the package was more than Rs 1 crore yearly,” Mr Philip said.
“The girl student and one of the boys declined the offer saying it did not match their temperament and that they wanted professional fulfilment from their jobs. The two have accepted offers of Rs 50 lakh per annum from a smaller company.
“The remaining two students said they want to focus on higher studies and were, therefore, not keen on taking up the Rs 1 crore offer,” added Mr Philip.
IIT-Kanpur kicked off its placement drive on December 1 and the placement drive will continue till December 24.
In one of the fattest pay packages offered to an IITian ever in campus placements, a student of IIT Kharagpur a few days back bagged a whopping annual salary of over Rs 1.5 crore. IIT Kharagpur authorities have refused to disclose details about the student or the company which made the offer, saying “this brings unnecessary attention to the student”. (PTI)