Narayana Murthy received job offers from companies such as Air India, TELCO, TISCO, and others. However, he turned down all of these offers and chose to work at IIM Ahmedabad.
NR Narayana Murthy, the founder of Infosys, is undoubtedly one of the most accomplished business leaders in the nation. He is revered as a legend in terms of management techniques, and the billionaire entrepreneur consistently shares insights about his challenges and the path he traversed to achieve tremendous success in establishing a vast business empire.
After completing his master’s degree at the Indian Institute of Technology (IIT) Kanpur, Narayana Murthy found himself with numerous job offers. Companies such as Air India, TELCO, TISCO, and others extended offers to him. However, Murthy turned down all of these opportunities and instead chose to work as a chief system programmer at the Indian Institute of Management (IIM) Ahmedabad.
Making the decision to work at IIM Ahmedabad was not an easy one for Narayana Murthy, considering that he had to decline some highly desirable job offers.
In 2019, Narayana Murthy disclosed that he had made the decision to join IIM Ahmedabad because it was pioneering the installation of the first-ever time-sharing system in India.
“I was the only person among my batch of 16 students who decided to accept half the salary in pursuit of gaining knowledge about a modern operating system, engaging with exceptionally bright students, and creating interactive lessons using computers for various subjects such as accounting, simulation, finance, production, and more,” Murthy revealed. “Thus, I chose that path, and it was undoubtedly the best decision I have made in my life,” he added.
In 1981, Narayana Murthy, along with six software professionals, established Infosys. It is worth noting that Murthy founded Infosys with an initial capital investment of Rs 10,000, and today, the company’s market capitalization stands at Rs 5,25,000 crore.
Narayana Murthy is a billionaire with a net worth of Rs 33,800 crore.