MNNIT Allahabad student offered Rs 1.34 Crore package from Facebook

Motilal Nehru National Institute of Technology(MNNIT), Allahabad student has been offered an annual package of Rs 1.34 Crore by Facebook, the social networking giant. The offer letter was handed over on 27 March, which confirmed the appointment, along with the annual package mentioned at USD 262,500 (around Rs 1.34 crore). According to P Chakravarti, Director of the Motilal Nehru National Institute of Technology (MNNIT), a B Tech student from the institute, who has requested that his name be withheld for "security reasons", received a letter on March 27 from Facebook confirming his appointment and the annual pay package on offer was stated to be USD 262,500 (around Rs 1.34 crore). Interestingly, the MNNIT Director said the recruitment process began with a mail from Facebook "in October last year which was followed by nine rounds of telephonic interviews" before he was finally selected for the plush job which would require the student, who hails from Kanpur, to move to Menlo Park in California after finishing his software engineering course at the institute.
According to Prof Tripathi, the MNNIT had winessed very good placements this year with at least 30 of our alumni getting selected with packages of more than Rs 10 lakh from global companies like Microsoft and Amazon.