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Industry : Radio, TV & Films Functional Area : India
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Two undergraduate students, one each from the Shri Ram College of Commerce (SRCC) and St. Stephen's of Delhi University (DU) have been offered jobs with a salary package of Rs.32 lakh ($69,000) per annum each. The offers have beenmade by Germany based Deutsche Bank.



Both Adit Mathur and Sukrit are final year students of SRCC and St. Stephen's college respectively. The size of the offer made to a student from DU is what has made the cheerful difference to the ritual of foreign banks picking up students from Indian institutions; as such handsome offers are the perquisite of Indian Institutes of Technology and Indian Institutes of Management. The highest that a DU student has got in the past is Rs.14 lakh from Lehman Brothers in 2007.

This year, the placement scenario in Indian universities is much better than what it was last year. Last year, around 25 companies came with jobs but this year the college is expecting more than 35 companies.

Meanwhile, students from other colleges of the DU are also hoping for good placement offers this year. While 11 undergraduate Commerce students of Hans Raj College were hired by VKS, an affiliate of the United Bank of Switzerland, with salaries of about Rs.4.5 lakh per annum each, 81 students have been shortlisted for interviews by Google. Institutes like Kirori Mal College (KMC), Daulat Ram, Hindu and Ramjas too have good companies lined up with jobs for students.

 Top Comment : Kavitha Shankar   | 11 25 2009 10:46:23 +0000
32 lakhs an year is hardly 3 lakhs a month. It's a perfectly average salary in most European nations. Its not like they were offered $250K USD..32 lacks would have been admirable if the positions were in India. For Germany, 32 lacks looks like just above the minimum wage salary. This is general the tendency of us to convert foreign currency into rupees to boast.If i was there in thier position i would have rejecting that offer. Why dont we get good jobs in our country only according to our talents and skills? This is really affects in terms of our country growth...Taking cream students is not a big deal. consider average or good students and then make them cream ,then we will appreciate. The big company ppls will go to big colleges ,what about us with small colleges & no job in hand. There are many people who earn in crores in business. Why to compare with only studies and degrees. Talent is much more than degree. Degree is just a knowledge, talent is how to use that knowledge.
 
3 comments on "DU undergrads offered Rs.32 Lakh package"
  Commented by  Shyam Sundar Mishra, Project Leader/Managing Consultant, Mentor Graphics    | 11 25 2009 11:35:01 +0000
It is just an exceptional case and should not be considered common. A lot will depend upon this person : if he works well and establishes an impression of DU, the companies might continue to hire at such high salaries.
But one thing to be noted is that this is not Rs 32 lakhs per annum in India, rather it is a USD salary converted to Indian rupees.
  Commented by  Kavitha Shankar, Sr/Principal Coresspondent, ABC    | 11 25 2009 10:46:23 +0000
Rating : +1 
32 lakhs an year is hardly 3 lakhs a month. It's a perfectly average salary in most European nations. Its not like they were offered $250K USD..32 lacks would have been admirable if the positions were in India. For Germany, 32 lacks looks like just above the minimum wage salary. This is general the tendency of us to convert foreign currency into rupees to boast.If i was there in thier position i would have rejecting that offer. Why dont we get good jobs in our country only according to our talents and skills? This is really affects in terms of our country growth...Taking cream students is not a big deal. consider average or good students and then make them cream ,then we will appreciate. The big company ppls will go to big colleges ,what about us with small colleges & no job in hand. There are many people who earn in crores in business. Why to compare with only studies and degrees. Talent is much more than degree. Degree is just a knowledge, talent is how to use that knowledge.
  Commented by  Sarika Singh, Assistant Professor, BIT    | 11 25 2009 10:41:23 +0000
Its awe inspiring...really impressive package for DU...even the techies from d premier engg. institutes starve for such a package..kudos to u guys..keep up d good work..
:)
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