BITS Goa students see 13% rise in average pay packages

PANAJI: The economy may not exactly be at its best amidst the pandemic, but BITS Pilani K K Birla Goa Campus, Zuarinagar, appears to have beaten the slump when it comes to summer internship and pre-placement offers for its students.

Not only has the institute seen a higher number of students getting pre-placement offers this year as compared to the previous season, there has also been a 13% increase in the average pay package offered.
“The summer internship is a two-month programme wherein the topnotch companies select students, who work under the assigned projects with a pre-defined stipend. In case the students perform as per the expectations of the company, they are given pre-placement offers (ie offers before the commencement of the placement season). For this year, 81 students secured pre-placement offers compared to 72 offers last year,” said chief placement officer for campuses in India and Dubai for BITS Pilani, G Balasubramanian.
The average package offered to students this year was Rs 24.8 lakh per annum as against last year’s Rs 22 lakh per annum. This was an increase of 13%.
The highest package offered to a student stood at Rs 43.3 lakh per annum, which matched last year’s offer, the placement team at BITS Pilani Goa Campus said.
Balasubramanian said that the offers for Goa students have come from some of the biggest names globally, which include Microsoft Corporation, Adobe, Arcesium, Amazon, Flipkart, Oracle, Uber, Texas Instruments, Futures First, Nvidia, Cisco, Intuit IDC, Goldman Sachs, Mathworks.
He said that the placement trends seen at the Goa campus are in line with those being witnessed at the other two BITS Pilani India campuses.
“Given the prevailing pessimism and cynicism about the job market for fresh graduates from e-schools in India and the decelerating economic growth, it’s gratifying to see the BITS Group’s performance growing and finding favour of the leading recruiters for 2021,” Balasubramanian said.
Balasubramanian said that the placement season is still in progress and many more offers are expected yet.
“Students from BE Computer Science engineering, ME Computer Science engineering, BE Electrical and Electronics engineering, BE Electronics and Instrumentation engineering, and Electronics and Communication engineering have been placed so far. Most of the students have received offers from the information technology, electronics and finance sector,” he said.
BITS Pilani Goa campus student Soundarya Krishnan, who has found a pre-placement offer at Uber, said, “There was a lot of apprehension, especially because of the work from home arrangement, as I did not know if my work would be appraised accurately. I am really happy to have received the pre-placement offer. Both Uber and the institute were very supportive during this period.”