This landmark placement offer represents the highest package ever recorded in the institute’s history since its founding in 2008. Varghese, who interned at Optiver last summer, is set to join their Netherlands office as a software engineer in July 2026. The summer internship at Optiver consisted of two weeks of training followed by a six-week project.
Who is Edward Nathan Varghese?
Born and raised in Hyderabad, Edward Nathan Varghese completed his schooling in Bengaluru (Classes 7–12). He grew up in a family with an engineering background. A top-performer from the start, he scored an All India Rank (AIR) of 1100 in JEE Main and an AIR 558 in JEE Advanced (2022). He also achieved a 99.96 percentile in CAT 2025 and ranked 120.
He served as the Overall Head of the Office of Career Services at IITH, managing a team of eight student managers and 250 coordinators for placements and internships. Before this, he worked as an Internship Cell Coordinator for about eleven months, as per his LinkedIn profile.
Speaking to The Times of India, he 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.”
He added that he was always sure of landing a handsome payout, despite the slowdown in the job market.
“I knew that the IIT tag would draw companies to our campus and that the effect of the present job market would be minimal. Also, since first year of engineering, I was into competitive programming and among the top 100 in the country. That too helped me crack the interview, along with the curriculum that gave us the option to do a wide range of courses. I was lucky to get a PPO,” he added.
