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What is the highest salary package of someone from IIT Bombay?
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.
What is the salary of an IES officer in the Indian Railways?
The salary of an IES officer in Indian Railways increases with time. The net basic pay scale is different at various levels, and there is a list of other allowances that comes with the salary.
At present, an IES officer (IRSEE) with 20 years of service experience earns around 1.60 lakhs per month plus accommodation and transportation.
The net basic pay is as follows.
|
Level |
Pay Scale (Rs.) |
Grade Pay (Rs.) |
Time |
|
Junior Level |
15600-39100 |
5400 |
Joining |
|
Senior Scale |
15600-39100 |
6600 |
5-6 years after joining |
|
Junior Administrative Grade |
15600-39100 |
7600 |
10 or more years after joining |
|
Selection grade scale (Chief Engineer L2 / Jt. G M ) |
37400-67000 |
8700 |
20 or more years after joining |
|
Super time grade (Chief Engr. /Additional GM) |
37400-67000 |
8700 |
- |
|
Cabinet Secretary Grade |
90000 |
N/A |
Fixed |
|
Apex Pay Scale |
90000 |
N/A |
Fixed |
- The other allowances that an IES officer gets are House Rent Allowance (HRA), Office Vehicle, Dearness Allowance (DA), Leave Travel Allowance (LTA), Gratuity, Provident Fund (PF), Leave Encashment, Peon, Driver, Domestic servant, and Personal Assistant. All these allowances vary as per three classes of cities: A, B, & C.
- The gross salary of IES at the beginning is around 60000 INR, but the in-hand pay is around 45000-50000 INR with other non-cash allowances. Gradually, it increases with time and promotes job positions.
- The salary in the first 5 to 10 years of a job may not be lucrative like IAS, but after 20 years, the salary is almost at par with IAS or IPS.
Compared to IES, software engineers with the same years of experience earn a lot more. The payscale is even higher for IIT, IIM graduates. A CSE graduate from IIT after 20 years of experience earns at least 30-40 LPA (plus onsite opportunities).
Students from IITs may not have job satisfaction from IES engineering posts. Students from the Civil branch can go for IES jobs. But if you are from ECE/EEE/Mechanical try to avoid IES engineering jobs.
What is the least package offered in FMS Delhi?
The salary-wise placement statistics of this year at FMS are as follows
Below INR 20 LPA: 13
INR 20 LPA – INR 24.9 LPA: 89
INR 25 LPA – INR 29.9 LPA: 33
Above INR 30 LPA: 122
So it can be inferred from the above data that the lowest package was around 5-15 LPA. Such low packages are accepted by students who are in desperate situations. This can be due to a poor CV or lack of communication or an inability to handle the stressful placement process. Such desperate situations result in compromising brand name, CTC, location, domain, or designation.
So if you are concerned that the lowest package is less than what you are expecting, rest assured. Because you can still work in improving your profile, work on your content and communication and make the best of the on and off-campus opportunities.
What is the average placement salary in IBS Hyderabad?
During the 2023 placements, the overall average package of the MBA batch 2021-23 was INR 10.42 LPA. The average package increased by 19.63% from INR 8.71 LPA in 2022.
The average package of the last 2 years is as follows:
| Academic Year | 2021-23 | 2020-22 |
|---|---|---|
| Overall Average CTC | INR 10.42 LPA | INR 8.71 LPA |
| Average CTC of Top 10% | INR 17.66 LPA | INR 14.31 LPA |
| Average CTC of Top 25% | INR 13.97 LPA | INR 11.7 LPA |
Do graduates from IIMs and JBIMS get the same salary in MBB?
It is important to understand that MBB, a Management consulting firm operates on a level playing field when it comes to career development and opportunities. Regardless of one's background, the only determining factor for success at MBB is one's performance within the firm. The company values hard work, dedication, and results above all else, which is why your alma mater will not have any impact on your salary, career trajectory, or the type of work you are assigned.
This emphasis on the performance of graduates from IIMs and JBIMS over external factors is a unique aspect of MBB and demonstrates the company's commitment to providing equal opportunities for all its employees. The company recognizes and rewards those who have the skills, drive, and determination to excel in their roles, regardless of where they come from.
In conclusion, it is essential to understand that your alma mater, whether it is IIM or JBIMS, holds no weight in determining your salary in MBB. The focus is solely on individual performance, and the company is committed to providing equal opportunities for all its employees.
What is the average salary for Mechanical and Instrumentation & control engineering at NIT Trichy. Do the students get chance to participate in IT placements
The Department of Instrumentation and Control Engineering at NIT Trichy has fifteen permanent faculty members with teaching and research interests that cover a broad range of fields. The department consists of six well-equipped laboratories which are attached to the curriculum development. Additional four research-oriented labs are present in the department. All laboratories are very well established with adequate facilities.
Instrumentation and control engineering is a diverse field and offers scope in various fields. ICE at NIT Trichy enjoys placement good enough to be considered in top 5 branches. As a student of ICE, you can choose between software, electronics, core instrumentation, and management jobs. So if you are good and have got a decent CGPA, you won't find any difficulty getting a job in some top companies.
|
Particulars |
Statistics |
|
Fees |
80-90% |
|
Average Salary |
INR 20 LPA |
|
Highest salary |
INR 12 LPA |
|
Top Recruiters |
Tech Mahindra, TCS, Texas Instruments, JP Morgan, etc. |
Go for this course only if you are really interested in Instrumentation. Otherwise, join some other branch in NIT Trichy so that you are able to learn something.
How much is the monthly stipend in AIIMS Bhubaneswar, Patna, Raipur, and Rishikesh for an MD (radiodiagnosis)?
Rather than a stipend, students at AIIMS Bhubaneswar, Patna, Raipur, and Rishikesh are offered salaries that involve the deduction of taxes. The total salary of a Junior Student both clinical and non-clinical is around INR 90000/month. After the deduction of taxes and house rent, it amounts to INR 76000/month.
These figures keep changing with time.
What is the in-hand salary of students who got a 43 LPA job offer on campus placements from IIIT Hyderabad or IIIT Allahabad?
Every company has its own way of breaking down the CTC components. So, CTC and in hand salary aren’t directly correlated.
For example, Microsoft offers a CTC of 44 LPA but the base salary is somewhere around 13-14 LPA. Codenation, on the other hand, offers 33.5 LPA with a base salary of 25+ LPA.
This doesn’t mean that Microsoft isn’t paying what it offered. Brands like Microsoft, Google, etc. offer lots of perks and employee benefits. These are included in the CTC. On the other hand, startups offer more cash and lesser perks.
Investment banks like Goldman Sachs or Tower Research also pay a large portion of the promised CTC as in-hand salary. Atlassian offers a CTC of 52 LPA, but the in-hand salary is less than that of Goldman Sachs whose CTC is between 32-35 LPA.
So the graduates of IIIT Allahabad, IIIT Hyderabad, or any other college will get an in hand salary depending on the recruiting company.
How much stipend does in fellowship in CMC Vellore?
At present, the fellowship stipend at CMC Vellore is INR 59,000. After PF deduction, the in-hand amount received is INR 53,900. In addition to the monetary benefit, the fellows receive other benefits as well.
Accommodation
- You will get a shared accommodation in CMC Annex, Sathuvachari if you are unmarried. A single accommodation is given to married fellows.
- The room has 2 beds, 1 bucket, 1 mug, 1 fan, 1 mirror, an attached washroom and a geyser.
- The Problem: Accommodation is not free of cost. The accommodations are not within the campus.
Study Material and Software: The fellows get access to study material and software, but on a paid basis. For this, they are charged INR 900 monthly, and this amount is deducted from their stipend.
Parking: For a monthly pass of INR 300, the fellows can access the common parking facility opposite the jubilee gate.
These are the perks (and disadvantages) of joining CMC Vellore for fellowship. I would recommend you compare the conditions with other premium medical institutions before choosing CMC Vellore for your fellowship.
What is the minimum salary in Italy?
In Italy, the average monthly salary for an employee is around 3,650 EUR (3.20 lakhs INR). The lowest average salary is 920 EU (80,769 INR), and the highest is 16,300 EU (14.30 lakhs INR)
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