IIT student gets Rs 70L job offer from Facebook

Facebook on Friday recruited one of its addicts on India. The website, that just now logged its 500 millionth active citizen, attained an post of around Rs 70 lakh for a posting in the United States, that has came up with a buzz on all IIT campuses at which annual placements are on. In the go on 3 days, no greater amount of company, domestic or foreign, has appear conclusion to furnishing their sort of a compensation package.

While Facebook is a great deal interviewing greater amount of IITians, the student in question, who whores his and cr as DKS — he is to graduate based on information from the class of computer science and engineering at IIT-Kharagpur in 2011 and does not ask for his extensive and cr to be revealed — has was given a "join-us" give for the website. On his wall, DKS announces how he is hooked to Facebook, that cuts his day by half. He now knows the current the social networking site, renowned as the Big Boss of the web-world, should eat up his days.

On the provide letter, policy makers based on what i read in IIT-Kharagpur claimed Facebook offered a commencing salary of $90,000, a relocation bonus of $10,000 and a one-time signing length of $25,000 to the 21-year-old from what i read in Jamshedpur. But on the Kharagpur campus, undergrads believed DKS had too carried on offered ESOPs and the whole supply translates to virtually Rs 1.7 crore. However, resources in the placement cell did not demonstrate this. DKS, whose mother is a federal employee, has in his moment at IIT interned as a researching assistant at the University of British Columbia and at Microsoft India.

Interviews got on till late Friday at IIT-Madras at which Facebook shortlisted 10 students. But, once multitude of rounds of interviews, it did not decide on everyone on IIT-Delhi. Close to 30 classmen got placed based on IIT-B on Friday.

At IIT-Madras, the uppermost domestic produce on Friday came based on data from Transocean, that offered Rs 28 lakh and the excessive rank of the day was when Intel offered positions to 30 students. At IIT-B, Tower Research that offered careers to six students, was amidst the above the usual hiring companies. Several banking systems — Goldman Sachs, Bank of American, Deutsche Bank, Citibank, Capital One — hold earned a appear going back once lying low in the recessionary years.

N Ramesh Babu, adviser (training and placement), IIT Madras, is both excited as agreeably as in a dilemma of kinds amongst 250-odd recruiters comprising a mix of old and new arena in posession of lined up in end slots till end-January 2011.

"We are in a position where, say, once 20 days you may not hold an adequate amount of classmen for recruitment. We undergo not kept on able to put up dates for There are those companies. Most organizations that engage here, plans to in addition be going out to the a greater amount of IITs," he said. In the the previous two days, IIT-Delhi too has witnessed 110 under graduates making offered jobs.