Despite Trump Threat, IIT-Kanpur Student Gets Rs 1.5-Crore Offer From Microsoft  

Despite Donald Trump's tough stand against non-Americans, an IIT-Kanpur student has received a job offer of nearly Rs1.5 crore per annum from Microsoft to work in one of its US offices. This is the highest ever salary offer to a student of IIT-K, according to sources at the premier institute.

The Delhi-based student has been offered a position at Microsoft's headquarters in Redmond to design a software, implement it and fix the bugs.

The IITian will get $1,36,000 (Rs94 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 Rs1.5 crore. Last year, the highest base pay offered to a student at IIT-K was Rs93 lakh.

The student, who wanted to remain anonymous for the moment, broke the news to his wing mates.

"This is really exciting. Software once again has turned out to be the flavour of the placements," he said.

The Times of India quoted the student placement officer Prof. Syam Nair as saying, "I am not going to comment anything on the salary packages.'' However, IIT-K has nearly 200 companies listed for placements this year compared to around 280 which flocked the campus last year.

Companies that provide technology for reservoir characterisation, drilling, production and processing to the oil and natural gas industry are missing this year. Both Transocean and Schlumberger, which were seen on the campus during placements till last year, are absent this year. Placements are seeing an increase in trading firms. Amsterdam-based Flow Traders walked in for the first time.

E-commerce giant Amazon, Paytm, Ola and Uber also participated in the campus recruitment.