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IIT Hyderabad Student Bags Record Rs 2.5 Cr Package
2 Jan
Summary
- Edward Nathan Varghese secured IIT Hyderabad's highest package ever.
- The record Rs 2.5 crore offer came from global firm Optiver.
- Internship success led to a pre-placement offer from the Netherlands-based firm.
Edward Nathan Varghese, a 21-year-old final-year computer science engineering student at IIT Hyderabad, has set a new record by accepting a Rs 2.5 crore salary package. This is the highest package ever offered at the institute since its establishment in 2008. The lucrative offer comes from Optiver, a prominent global trading firm headquartered in the Netherlands.
Varghese's success is a testament to his dedication, having converted his two-month summer internship at Optiver into a pre-placement offer. He credits the IIT Hyderabad experience, its flexible academic structure, and his consistent engagement with coding and competitive programming since his first year for this achievement. He notably only interviewed with this single company during the placement season.
Having previously excelled in national entrance exams and held significant leadership roles within IIT Hyderabad's career services office, Varghese is set to join Optiver as a software engineer in July. His parents, both engineers, expressed immense pride in his groundbreaking accomplishment, which surpasses the previous highest package of Rs 1.1 crore recorded at the institute in 2017.
