Facebook offers Rs 1.34 crore package to Allahabad engineering student
March 30, 2012 02:47
One of the biggest offer was ever made to any technical institution in India by a social networking giant Facebook who had hired an Allahabad engineering student with a awesome pay pack of estimated Rs 1.34 crore.
According to P. Chakravarti, Director of the Motilal Nehru National Institute of Technology, a B.Tech student from the institute, who has requested that his name be withheld for 'security reasons', received a letter on March 27 from Facebook confirming his appointment and the annual pay package on offer was stated to be USD 262,500 (around Rs 1.34 crore).
Interestingly, the MNNIT Director said the recruitment process began with a mail from Facebook 'in October last year which was followed by nine rounds of telephonic interviews' before he was finally selected for the plush job which would require the student, who hails from Kanpur, to move to Menlo Park in California after finishing his software engineering course at the institute.
"Many students from our institute have bagged lucrative jobs. We have knowledge of at least 30 of our alumni getting selected with packages of more than Rs 10 lakh from companies like Microsoft, Amazon, Adobe etc", Chakravarti said.
Chakravarti added that this offer was exceptional and he is sure that no student from any institutions in the city or from any National Institutes of Technology across the country was been offered.