CUSAT sees a rise in placements, offers highest salary of Rs 25 lakh

Over 640 CUSAT students secured placements (Image: cusat.ac.in)

CUSAT saw an increase in campus placements as more Information Technology (IT) and core companies offered higher salary packages to final year students as compared to last year.

More than 640 final year candidates of Cochin University of Science and technology (CUSAT) has got placements in high-profile companies this year. Read more as University sees rise in campus placements technology (IT) and core companies offered higher salary packages to final year students as compared to last year.

The highest package for this year’s placement season is Rs 25 lakh per annum. While the average pay package is Rs 4.9 lakh. CUSAT final year students were recruited by more than 150 leading and recognized companies in India like Tata Consultancy Services (TCS), Infosys, Wipro, International. Business Machines (IBM), Amazon, and edtech Byju’s this time.

“The recruitment for the 2023 batch started with a bang. Within two weeks, 94 students got jobs and nine of them got a salary package of Rs 25 lakh each, the placement officer said, reports the New Indian Express. The official further said that a total of nine candidates got the internship with a stipend of Rs 98,000 per month.

The official said the job placement process for last year’s batch is still underway. Talking about the recruitment trends before the pandemic, the placement official stressed that it appears to be slowing down as markets start opening up only after a temporary halt. “The current trend is expected to continue for some time,” the official said.

Companies topping the list of recruiters from the Cusat campus are Cognizant, TCS and Larsen & Toubro (L&T). Additionally, major IT companies recruiting students include Cisco, Infosys, TCS, SAP, Incher Technologies, Ernst & Young (EY), IBM, SOTI, Zifo, Wipro, Zensar, PricewaterhouseCoopers (PwC), UST Global, Reliance, Tata Projects, Inc. Tech Mahindra, Cairn Oil & Gas Vertical of Vedanta Ltd., Benz (Daimler), Cognizant, Matrimony.com, Madras Rubber Factory (MRF), CEAT, Apollo Tyres, Vedanta, HDFC Bank, IDBI Bank, Federal Bank, Indian Oil Corporation Ltd. , Haldia Refinery, Amazon, Sony India, Byju’s, Unisys, Nokia, Runaya Refinery, IBS, Tata Elxsi, Oracle, Mitsogo, Veritas, Indian Oil Adani Gas, Oil India and many more.

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