First foreign university places its first students

DEAKIN GIFT CITY STUDENTS START WITH A ₹75,000 INTERNSHIP

- VIKRAM CHAUDHARY

DEAKIN UNIVERSITY GIFT City—the first foreign university to start a brand campus in India, in Gift City in Gujarat—has placed eight students even before the official start of the placement season, Deepak Bajaj, the academic and campus director, GIFT City, told FE.

"On Friday, people from the National Australia Bank (NAB) interviewed 24 of our potential graduates, and hired eight of them (seven hired, and approval pending for one student)," Bajaj said. "The NAB has offered our students a dual package. In their first six months of internship starting November, they will earn ₹75,000 per month. Post that, they will be hired on a ₹15 lakh per annum salary along with variable components and a generous lifestyle package. These students will be working at the NAB Innovation Centre India in Gurgaon—a global capability centre and an office of the NAB in India."