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What is the salary for assistant professors in BITS Pilani?

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Harpreet Kaur Posted On : March 24th, 2022
Ph.D. from Birla Institute of Technology and Science, Pilani (2016)

BITS Pilani assistant professor salary is approximately around INR 97,000/month before taxes, including DA. The salary amount is decided based on the UGC scale. It also depends on the designation and experience of the faculty member. Other than salary, the faculty members of BITS Pilani get housing benefits.

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How much does a student earn in UAE?

Jasmine Grover Posted On : January 13th, 2023

While working part-time in UAE students may earn up to 15 to 20 AED (338 to 450 INR) per hour and 160 AED (3,600 INR) per month. To work part-time students must maintain a minimum GPA of 2.2 every semester. International students may work 15 hours to per week 60 hours per month during semesters. During holidays, the students may work 40 hours per week to 160 hours per month.

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Is 60 LPA a good salary for the IT industry with 12+ years experience in Bangalore having both an IIT IIM combination?

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Rahul Chatterjee Posted On : December 19th, 2022
B.E. from Gujarat Technological University (Graduated 2017)

Yes, 60 LPA is indeed a pretty decent salary for someone working in the IT industry. In fact, after 12 years do people even work for a salary anymore? I think their work-life needs other factors for motivation. These include your growth in the particular field, your understanding of the recent trends, you are being able to undertake risks successfully, or the recognition of things that might be beneficial for you in the long run. What I mean is after a long period of 12 years your salary is no longer the motivating factor. So instead of looking for a higher salary, focus on your own life and personal growth.

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Is NMIMSs average salary really above INR 16 LPA?

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Shreya Das Posted On : January 17th, 2022
PGDM Marketing, SVKM'S NMIMS, Navi Mumbai Campus (2021)

According to the student’s reviews online, The average CTC (domestic) is INR 18.33 LPA. All the B-Schools of the country publish their placement reports based on CTC or cost to company numbers. 

There is a huge difference between CTC and in-hand salary. So if your question was related to 16 lakhs CTC then it could be a possibility but if your question was related to 16 lakhs in hand salary then it might vary.

The average salary package may also vary depending on the company and your overall academic performance. Some companies offer students a 18-20 LPA salary package but they also have better grades. Whereas some Mass recruiting companies like TCS often give lots of job offers but with a lesser salary package.

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How much does an IIM Ahmedabad pass out earn after 12 years of passing out?

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Gurudutt Gehra Posted On : November 15th, 2022
Studied at Indian Institute of Management Ahmedabad

IIM Ahmedabad easily ensures a high salary. One of my cousin's brothers was an IIM Ahmedabad pass out. Today he is working abroad for Amazon and earns around 1.8 crore. 

Another friend, an IIM Ahmedabad pass out, is making 26 LPA. He was nowhere near 20% or 30% of the batch, neither in academics nor in terms of campus replacement figures.

So we can safely assume that even without much shifting of jobs, an IIM Ahmedabad passout would reach the 1 crore easily.

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How much salary can I expect after an MBA from IIM Shillong?

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Deborah Sam Posted On : January 21st, 2023
Data Analyst at Chegg (company) (2017–present)

IIM Shillong is renowned not only for its strong placement record but also for its high return on investment (ROI) for students. The fee for the institute's MBA (PGP) flagship program is approximately INR 10 lakh per year, while the average salary package offered to students is above INR 15 lakh per year.

In the 2020-22 class, the institute achieved a 100% placement record for its largest batch to date, with over 73 recruiters participating in the process. 

The highest salary offered increased by 72.56% to INR 55.22 lakh per year, and the average salary offered increased by 20.50% to INR 23.10 lakh per year. The average salary offered to the top 50% of the batch also rose by 16.08% to INR 26.95 lakh per year. These strong placement results demonstrate the value of an MBA from IIM Shillong and the demand for its graduates in the job market.

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What is the minimum and maximum package offered to students from ISB, Hyderabad?

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Shikha Thakur Posted On : January 30th, 2023
MBA from Indian School of Business (Graduated 2020)

ISB Hyderabad placement statistics are given below

Particulars 

Statistics 

Highest CTC

INR 60 LPA

Average CTC

INR 34.07 LPA

The components in the packages generally include

  • Fixed salary
  • Performance Bonus (10–20% of total CTC)

Apart from this, some companies give a joining bonus of around 1–3 Lakhs which might or might not be considered as a part of CTC.

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What is the real average domestic package of FMS Delhi?

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Ayush Agarwal Posted On : December 28th, 2022
MBA from Indian Institute of Management, Ahmedabad (Graduated 2020)

I will recommend you stop focusing on the average packages of any Institute be it FMS, IITs, or IIMs. This is because average packages are quite misleading. Two main reasons are

  • It includes the average of all the students placed or eligible to be placed and not all of the students. Students who fail to graduate on time are not included in the calculation as they are not eligible for placement. So if you include all the students (placed + non-placed due to whatever reasons), the average will be much lower.
  • Very high packages of only a few students increase the average. For instance, out of 3 students, one gets a package of INR 30 LPA whereas the other two get a package of only INR 3 LPA, so the average would total to 12 LPA. This average looks decent although the majority of students got extremely low packages. 

Because of these reasons, I deem the average packages to be very misleading and should not be considered to determine the worth of a college.

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What is the average package for electrical engineering at IIT Bombay?

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Sumit Bose Posted On : March 18th, 2023
IIT Bombay (2019)

In 2023, IIT Bombay held Phase 1 placements where students got job offers from many top companies in India and other countries. The highest Indian offer was INR 3.67 crore per year, and the highest international offer was INR 1.31 crore per year. This shows that companies value the education and training provided by IIT Bombay. The average salary offered was INR 23.26 LPA, which is higher than the previous year.

Out of the 1,648 offers received, 1,431 students accepted job offers, which is a great achievement. Many students received job offers with a salary of over INR 1 crore per year, which shows that IIT Bombay provides high-quality education and there is a lot of demand for skilled graduates.

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How much are you earning after graduating from IIT Bombay?

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Advaith Bhaskar Posted On : March 18th, 2023
Lives in Mumbai, Maharashtra, India (2000–present)

My sister is an IITian however she completed her Engineering from IIT Roorkee instead and not from IIT Bombay. Due to her average JEE Rank, she was admitted to Pulp and Paper Engineering branch only. Only later did she realize that high packages are reserved for very few people, The cream of the batch. Your branch and CGPA largely determine your package.

She faced a terrible situation during her placements. Not even below-average companies considered Pulp and Paper Engineering students. Owing to her interest in Programming, she was offered a job by Patni Computers at 3.6 LPA but with a 2-year bond of Rs. 75,000 (which required you to pay before joining as security). This seemed a bit odd and she decided to join an educational start-up that offered the same package without the bond. Most of her peers had much better packages on hand. 

Today, she earns 12 times what she earned during that time and her income is at the same level as those of her peers. Even today she gets offers from people to consider moving to another more established startup at a 50% hike in salary. 

Some very important lessons to learn from this are

  • Your first job does not define your success and is only a stepping stone to achieving so much more. 
  • The area you choose in the first year does not define your career at all. 
  • Find what exactly you love doing and are good at
  • The first job is not a measure of success or your abilities. It’s just an experiment to discover what exactly you are passionate about.
  • Your CGPA does not matter after your first job.

Go explore, and wait for years until you are successful.

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