India, Jan. 2 -- Defying a challenging hiring environment, a computer science engineering student from the Indian Institute of Technology Hyderabad has secured a staggering Rs.2.5 crore annual package from a Netherlands based firm during this year's placements. According to the institute, this is the highest package ever offered to a student since IIT Hyderabad was established in 2008.

The offer was made to Edward Nathan Varghese, a final year student, who will join Optiver as a software engineer from July, as reported by Times of India.

At just 21, Varghese converted a two month summer internship into a pre placement offer, emerging as the sole PPO recipient among two interns selected by the firm.

Speaking to TOI, Varghese described t...