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IIT Hyderabad Student Sets Campus Record With Rs 2.5 Crore Optiver Offer

The role followed a summer internship that yielded a pre-placement offer at the Netherlands-based trading firm.

Overview

  • Edward Nathan Varghese, 21, a final-year computer science student, will join Optiver’s Netherlands office as a software engineer in July.
  • He converted a two-month internship—two weeks of training and a six-week project—into the offer and was the only one of two IITH interns to receive a PPO.
  • IIT Hyderabad confirmed the compensation as the highest package in the institute’s history since its 2008 founding.
  • Phase 1 of the 2025–26 placements closed in December with the average offer rising about 75% year on year to Rs 36.2 lakh and 24 international offers secured.
  • Phase 2 is underway with a focus on postgraduate and core roles, with 196 of 650 PG students placed at an average of about Rs 22 lakh, 62% of registered UGs placed, and another CSE student receiving a Rs 1.1 crore package.