Technology and the ecommerce players have taken the lead over companies in core industries during the campus placements at the Birla Institute of Technology and Science (BITS) Pilani.
And Google has offered an annual package of Rs 1.40 crore to students selected this year as per the sources.
The Institute hopes to break its last year record of Rs 1.44 crore offered to one of its students by Facebook.
With the companies such as Linkedln, Microsoft, flipkart, schlumberger, Goldman Sachs and Amazon also visiting the campus students eye big offers.
All these campus have increased their compensation offer 5 to 25% indicating a better job scenerio.
The BITS Placements session for 2016 started off with Google which conducted its first round on August 18th at the Pilani campus.
The company HR team is slated to visit India in the first week of September.
A good number of students sat for the first round. We hope that a few of our students will make to the final selection.
This year 2,300 BITS students are eligible for campus placements -53 placed in two days with the highest domestic package of Rs 23.5 lakh.
Microsoft and Schlumberger have also shortlisted the students. Both have offered more than Rs 70 lakh annual package to BITS students.
Overall BITS has placed 150 students at its three centres-Pilani, Goa and Hyderabad. In goa and Hyderabad the placements session started on August 13th. Facebook which visited BITS for three consecutive years till last year and offered the highest package in 2016 but is not scheduled to visit the campus this year.
The placement officer admitted that attracting these big companies wouldn't have been possible without the support of the alumni who have a wide network among the companies.
The institute is confident that by the end of April 2016, 100% students will get placements.
A few students have shown interest in public sector undertakings due t revised pay grades.
Though the PSus dont come for campus placements students make efforts on their own to get through.
Many students here have opted out of placement session to open their own start ups. Balasubramanium said among those who opted out of placement sessions, 10 have already started their companies, mostly in IT and communication.