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IIT Hyderabad Student Lands ₹2.5 Crore Optiver Offer, Setting Campus Record

The pre-placement offer after a summer internship highlights a sharply improved 2025 placement season at the institute.

Overview

  • Final-year CSE student Edward Nathan Varghese received a ₹2.5 crore package from Netherlands-based Optiver, which IIT Hyderabad says is its highest offer to date.
  • The role stems from a two-month internship converted into a PPO, with Varghese set to join as a software engineer in July after being the only intern offered a full-time position.
  • IIT Hyderabad shared a video of Varghese’s meeting with Director Prof. B. S. Murty, where he credited the Office of Career Services, mentorship and the fractal academic system for his preparation.
  • Phase‑1 of the 2025 placements saw 304 of 487 registered students placed and the average package rise to about ₹40 lakh from ₹20.8 lakh last year, including multiple offers above ₹1 crore and 24 international offers.
  • Phase‑2 placements have begun, with the institute reporting strong outcomes across core and computing branches and a robust internship pipeline of 279 offers, including stipends up to ₹7.5 lakh per month.