HFTs to Big Tech to compete as IIT placements start today

Da Vinci, Tesla, Apple, Microsoft, Nvidia, Airbus, Boeing among firms headed for campuses

- Pratishtha Bagai & Devina Sengupta

Placements at IIT are a barometer of how campus recruitments in India will shape up over the next few months.

(HT)

High-frequency traders and startups will compete with agentic artificial intelligence (AI) firms, as well as Tesla, Apple, Microsoft, and Nvidia, and even aircraft makers Airbus and Boeing, from 1 December to recruit top talent from the Indian Institutes of Technology (IITs).

On offer will be careers at the tech mecca of Palo Alto (US), alongside Hong Kong, Japan, London, Singapore and packages of over a crore for AI scientist roles in Bengaluru, Gurugram or Mumbai.

High-frequency trading (HFT) firm Quantbox Research is likely to offer a compensation of ₹1.2-1.4 crore, competing with rivals such as Graviton Research Capital, NK Securities, and Quadeye, which could offer ₹80-95 lakh, according to Mint’s review of over 300 job descriptions and expected salaries that have come to the IITs.

Quant trading firm Da Vinci Trading is expected to offer of 252,000 euros (about ₹2.6 crore) at Delhi, Bombay, Madras and Kharagpur campuses, a person aware of placement details told Mint requesting anonymity.