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IIT Hyderabad lands record 2.5 crore offer for student amid tough job market boom
Business
Published on 24 April 2026
One offer tops the year’s highest—despite hiring slowdown
IIT Hyderabad student Edward Nathan Varghese has secured a record Rs 2.5 crore package from Optiver to work as a software engineer for the Netherlands-based firm. The deal, announced amid a challenging hiring climate, signals rising placement standards as average offers across the season also climbed, reinforcing the institute’s ability to produce top-tier talent.
- IIT Hyderabad student Edward Nathan Varghese bags a record Rs 2.5 crore offer
- Optiver will hire him as a software engineer for its Netherlands operations
- The record package comes despite a tough broader job market
- Average placement packages rose this season, pointing to stronger hiring demand
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times