Kerala - Kozhikode   

Pay packets to increase for NIT-C students

Kozhikode: Placements at the National Institute of Technology, Calicut (NIT-C), this year saw a new high in salaries offered.

Twenty-five students have got job offers with annual salaries of Rs. 10 lakh each. The previous record of the college was Rs. 9 lakh.

The placement season started in July 2007 and is coming to an end.

The public sector Oil and Natural Gas Corporation (ONGC), coming to the campus for the first time, snapped up 21 mechanical engineering and four electrical engineering students with the record pay.

By making job offers to 21 students of mechanical engineering, it set another record — the highest number from that branch recruited from a National Institute of Technology by the company.

“It is a good sign that core companies are offering highest salaries. This year, most of the students are opting for their core engineering jobs,” T.K. Suresh Babu, Professor and Head, Department of Training and Placement, NIT-C, told The Hindu.

In the past three years, Microsoft and Yahoo, information technology (IT) companies, had been offering the highest pay packets.

It is the first time that IT services mass recruiters, such as TCS, Infosys and Cognizant, did not visit the campus.

All students of civil engineering; computer science; electrical and electronics; electronics and communication; and mechanical engineering got placements. For the first time, all Master of Computer Application (MCA) students got placements. The M.Tech. programme saw 80 per cent placements. Fifty per cent of the B.Tech. students and 10 per cent of M.Tech. students got more than one job.

Thirty-eight students were offered salaries in the range of Rs. 9 lakh to Rs. 10 lakh; eight in the range of Rs. 7 lakh to Rs. 9 lakh; and 42 of Rs. 6 lakh to Rs. 7 lakh.

The average salaries for various engineering branches are as follows: civil engineering: Rs. 3.7 lakh; computer science: Rs. 5.1 lakh; electrical and electronics: Rs. 4.2 lakh; electronics and communication: Rs. 4.4 lakh; mechanical engineering: Rs. 5.7 lakh; production engineering: Rs. 3.5 lakh; and MCA: Rs. 3.5 lakh.

The top recruiters are (salary in lakhs and number of placements, in that order, in brackets) as follows: ONGC (Rs. 10 lakh, 25), Yahoo (9.3, 4); Microsoft (9, 6); Indian Oil Corporation Ltd. (9.6, 9); Hindustan Petroleum Corporation Ltd. (9.6, 13); Bharat Petroleum Corporation Ltd. (9.6, 6); Goldman Sachs (7, 6); Intel (7, 4); Schlumberger (6.4, 3); Texas Instruments (6.9, 5); Analog Devices (6.5, 5); Nortel (6, 8); Oracle (6, 15).

Indian Oil, Hindustan Petroleum, Bharat Petroleum, Deloitte Consulting, Schlumberger and McAfee came for placements for the first time. Banking and financial organisations such as Goldman Sachs, HSBC and Bank of America visited the campus for recruiting engineers. The lone Ph.D. student got placed in Samsung for a pay packet of Rs.7.5 lakh. A total of 140 companies expressed interest in participating in the campus recruitment process, but only 90 were given dates. A stage has come in which the institute cannot give date to any company offering a salary of less than Rs. 5 lakh.

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