LUCKNOW: A student of IIT-Kanpur who hails from Delhi has received a job offer of nearly Rs 1.5 crore per annum from Microsoft. This is the highest ever salary offer to a student of IIT-K, sources at the premier institute told TOI.
The student has been offered a position at Microsoft's headquarters in Redmond. Sources said he will design a software, implement it and fix the bugs.
He will get $136000 (Rs 94 lakh) as base pay and $70,000 for relocation, medical and visa charges and stock ownership options. The total package, taking into account annual bonus and joining bonus, works out to nearly Rs 1.5 crore. Last year, the highest base pay offered to a student at IIT-K was Rs 93 lakh.
Elated after getting the offer, the student, who requested anonymity, broke the news first to his wing mates. "This is really exciting. Software once again has turned out to be the flavour of the placements," he said.
When TOI contacted student placement officer Prof Syam Nair, he said, "I am not going to comment anything on the salary packages.''
Sources said IIT-K has nearly 200 companies listed for placements this yearcompared to around 280 which flocked the campus last year.
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