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

The record was secured through a pre-placement offer at Optiver following a summer internship.

Overview

  • Edward Nathan Varghese, 21, will join Optiver’s Netherlands office in July as a software engineer.
  • The first phase of IITH’s 2025 placements lifted the average package to Rs 36.2 lakh from Rs 20.8 lakh in 2024.
  • Students received 24 international offers in the first phase as global recruiters engaged the campus.
  • So far, 196 of 650 postgraduate students have been placed with an average of Rs 22 lakh, while 62% of 487 registered undergraduates have offers.
  • Another computer science student received a Rs 1.1 crore package, topping the institute’s earlier high of about Rs 1 crore set in 2017.