Million-Dollar Babie$:At 21 with BTech IITians bag $100,000!

Posted: January 14, 2011 in Education and Career

Call them the new million-dollar babies. Barely out of their teens and IIT campuses, they’re the new richie richs of India — graduate at 21, millionaire by 22. IITians are giving their IIM brethren a run for their money as global financial majors put an extra trust premium on the quantitative analytical skills of BTechs graduating from India’s premier technological institutes.

Campus placement drives at various IITs have just begun, but already, a US-based specialty fixed income manager Pimco has recruited three IIT Delhi final-year BTech students with a package of $100,000 for positions in California. That’s in the league of the Ivy League, and the best in IIT easily compares with the best in IIMs, India’s best and premier B-schools.

At IITs Bombay and Kanpur, the highest offers came for $90,000 per annum, both from Lime Group, a US-based financial and technology conglomerate. Ditto IIT Madras, where New York-based financial services major Bloomberg is at the top of the heap with a $90,000 per annum offer. Says a cocky 22-year-old who has been offered a job with Deutsche Bank, London: “Only second-rate IITians now go to IIMs.”

And you thought these guys were nerds!??

  1. Damn says:

    damn ni**a.Wow Have a happy life~

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