Edward Nathan Varghese, a 21-year-old final-year student at IIT Hyderabad, secured a record-breaking job offer of ₹2.5 crore from Optiver, an international trading firm. He will reportedly join the company in July, marking the highest salary package at IITH since its inception in 2008.
In a historic moment for Indian campus placements, Edward Nathan Varghese, a final-year Computer Science Engineering student at Indian Institute of Technology Hyderabad, has secured a record-breaking ₹2.5 crore job offer from Optiver, a global high-frequency trading and market-making firm headquartered in the Netherlands.
This achievement marks the highest salary package ever offered at IIT Hyderabad since its establishment in 2008, setting a new benchmark for IIT Hyderabad placements and high-paying tech jobs in India.
Varghese is scheduled to join Optiver’s Netherlands office in July, reflecting the growing global demand for elite Indian engineering talent, particularly in algorithmic trading, quantitative finance, and software engineering.
Who Is Edward Nathan Varghese?
A Hyderabad native, Edward Nathan Varghese (21) completed his schooling in Bengaluru from Class 7 to Class 12. Despite a broader tech hiring slowdown, he maintained confidence and focus on long-term preparation.
Academic and Career Highlights
JEE Main AIR: 1100
JEE Advanced AIR: 558 (2022)
CAT 2025 Percentile: 99.96 (AIR 120)
Degree: Computer Science Engineering, IIT Hyderabad
Beyond academics, Varghese served as Overall Head of the Office of Career Services at IIT Hyderabad, leading:
8 student managers
250 placement coordinators
Multiple placement and internship cells
Earlier, he worked as an Internship Cell Coordinator for nearly eleven months.
A Moment to Remember
Speaking about the offer, Varghese said:
“This was the first and only company I interviewed for. I was ecstatic when my mentor indicated that the firm would be extending me an offer. So were my parents.”
The offer came via direct conversion, highlighting the value of focused preparation, mentorship, and strategic career choices.
IIT Hyderabad Placement Record: A New Benchmark
Previous highest package (2017): ₹1.1 crore
Top offer 2023–24: ₹90 lakh
Top offer 2024–25: ₹66 lakh
New record: ₹2.5 crore
This leap shows how global trading firms and quantitative finance companies are increasingly hiring from India’s top institutes for high-impact, high-skill roles.
Why This Matters for Indian Tech Talent
Key takeaways:
IITs are global feeders for HFT and quant trading roles
Software engineers with strong math and systems skills are in exceptional demand
Leadership experience combined with academic excellence boosts top-tier placement outcomes.
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