Did four students of IIT BHU get a package of 1.54 crore in placements 2019-20? From which branch are they?

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BJ
Bhavya Jha Posted On - Aug 14, 2020
B.Tech Computer Science, Indian Institute of Technology Varanasi (2020)

The news is absolutely real and has been verified by IIT BHU officials. And as for their branches, one of them is from CSE, 2 from ECE and one from Electrical. However, those 1.54 Crore packages were from US-based companies where the Living costs and Purchasing Power Parity (PPP) is way higher than that of India. Generally, it includes stock options for 4 years and variable bonuses. The media shows the package without giving any insight into the package breakdown. It sometimes builds unjustified hype and unrealistic expectations for the students. However, the average package offered in IIT BHU was ranging between 10 LPA to 58 LPA.

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