Hyderabad: In a year hit by the second wave of Covid-19, the highest package in the Placement season of the University of Hyderabad (UOH) fell more than Rs 20 lakh per year – from Rs 43 Lakh a year from 2020 to RS 17.7 2021.
The highest package of this year was bagged by by Mtech students, Somnath Paul.
Average salary too, show data, dipped in RS3.5 Lakh per year, from RS 5 Lakh to Rs 6 Lakh.
“Companies that offer high packages until last year told us that they did not have enough budget for this year.
We have several companies offering RS8 Lakh to RS10 lakh to students,” said Prerna Akhouri, training and placement on UOH.
In February 2020, Adobe has rented MCA from the University for the annual salary of Rs 43 lakh per year.
Previously in 2019, two students from UOH secured international placements for Rs 45 Lakh per year.
On the brighter side, UOH recorded the highest placement of the academic season with all 396 students absorbed by 213 visited companies.
Among them, 221 had received an offer right before locking was beaten in March.
They were recruited by 132 companies that had held campus placements until then.
“I have secured a job as a software engineer with a Bengaluru-based company.
It works on machine and artificial intelligence learning (AI).
Before pursuing my MTech in computer science from UOH, I learned the Master of Science from West Bengal,” Paul said.
Other companies that sign UOH students include PegeryStems, Tata Consultant Services, GE, Reddy’s, ICICI Bank, Tech Mahindra, Accenture, Mercedez-Benz etc.
“Many companies offer a role in software development, business analytics, among others, while the placement season is a little slow this year, we can place all students in August,” Akhouri said.
All recruitment since May 2021 has been through video interviews and online assessments because companies cannot physically visit the university campus.