Average pay touches Rs 3.75 lakh a year
Chandigarh, December 26th 2007, Express News Service
Close to 90 per cent of final year students in Punjab Engineering College have secured placements in companies of their choice. Microsoft has offered the highest pay package, of Rs 10 lakh, to students of Electronics and Electrical Engineering. The pay packages of several of the students, though, hover between Rs 7 lakh and Rs 9 lakh per annum. The average pay package this year is Rs 3.75 lakh, more than last session's Rs 3.5 lakh.
Dr M L Gupta, Training and Placement Officer, of the deemed university said, “There were around 400 students eligible for placements in this session. The majority has been placed and students pursuing Masters courses are left. They will be placed once new companies come’.
The trends in placement were quite similar to those in the last session. More core companies were encouraged to come to the campus for recruiting students. The demand for civil engineers continues to be high as most of them get good packages.
The trend is being attributed to the construction boom in the region with housing projects, upcoming malls and multiplexes.
“A few years ago, it was difficult to place civil engineers and the packages were not so lucrative. This has changed in the last two years. Also, we encourage core companies to visit the campus and first preference is given to them. It is in favour of the students that they get placed in companies, which are related to their stream,” said Gupta.
Dean Students’ Welfare, Dr K K Garg, said, "Students joining software companies find their jobs monotonous. The core companies are increasing the pay packages. The number of civil engineers are less as compared to the others. Not many new colleges have this stream".
Original Source of News