Fri Jan 02 05:40:00 UTC 2026: Okay, here’s a news article summarizing the information, with a more formal and objective tone:
IIT Hyderabad Student Lands Record-Breaking ₹2.5 Crore Job Offer
Hyderabad, India – A Computer Science Engineering student at the Indian Institute of Technology (IIT) Hyderabad has secured a placement offer with an annual salary of ₹2.5 crore (approximately $300,000 USD). The offer was made by Optiver, a prominent global trading firm based in the Netherlands.
According to IIT Hyderabad, this is the highest salary package received by a student since the institution’s establishment in 2008. The previous record was ₹1.1 crore, set in 2017.
The student, identified as Edward Nathan Varghese, received the offer following a two-month summer internship with Optiver. Impressed by his skills and performance during the internship, the company extended a pre-placement offer (PPO).
Varghese, a 21-year-old native of Hyderabad who completed his schooling in Bengaluru, is scheduled to begin his role as a Software Engineer with Optiver in the Netherlands starting in July.
An IIT Hyderabad statement highlighted Varghese’s academic achievements, including achieving notable ranks in the JEE Main and JEE Advanced entrance exams, as well as a high percentile in the CAT exam. Varghese attributes his success to the rigorous IIT curriculum and his passion for coding. His parents are also engineers.
The significant salary package comes at a time when the job market in India and globally faces considerable challenges, making the achievement a source of inspiration for many aspiring engineers.
First Piper 