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.
Yes, it’s quite possible for a fresher to land a package of 14 LPA or more. In fact, my sister's batch had many freshers that were offered the best profiles and highest packages. Your lack of work experience should not hinder your performance and talents. As a fresher you should
With the right mindset and performance even a fresher can get a good package at JBIMS.
The highest package of IIM Indore of 2022 is
An increase of nearly 30% has been observed in the average package offered to EPGP students during placements in 2022 when compared to 2021. An increase of nearly 114% has been observed in the average package offered to EPGP students during placements in 2022 when compared to 2021. So we can say that the highest package of IIM Indore is INR 70 LPA.
“The stellar placement season witnessed by EPGP class of 2022 is an outcome of the perseverance and persistent sincere efforts of the institute, faculty, and students. We wish to thank our corporate recruitment partners for showing immense faith in the capabilities of our EPGP participants to become business leaders of tomorrow,” said Professor Himanshu Rai, director of IIM Indore.
The lowest package offered during IIM Ahmedabad PGP placements 2021 was INR 11 LPA. The “Maximum Earning Potential” component is considered while calculating the highest package.
There are numerous possible answers to this question. People can start well, start poorly but do well in the long run, or get extremely lucky with the company they choose. For example, a person who graduates with the average salary of the batch is likely to be earning 4.5-5X their first-year package after ten years if they perform consistently and do not deviate from their growth path in any way. The ratios will obviously differ if you start at a lower or higher salary than the average.
Furthermore, switching companies for faster growth would provide you with a package similar to what a reasonably successful person who stays with the same company may receive.
A Neurosurgeon earns quite well. If you join as an Assistant Professor, the salary will range from 1-1.2 lakh per month. Whereas a Professor gets around 1.94 lakh per month.
When the 7th commission recommendations are implemented, there will be a considerable hike in the salary of about INR 10,000 to INR 20,000.
| Pay/ Allowance | Professor | Additional Professor | Associate Professor | Assistant Professor |
| Grand Total | INR 1,94,235 | INR 1,68,785 | INR 1,58,610 | INR 1,20,660 |
| Annual Figure | INR 23,30,820 | INR 20,25,420 | INR 19,033,20 | INR 14,47,920 |
These pay structures are applicable to everybody irrespective of his/her specialty. The average salary for a Consultant Neurosurgeon is INR 34,46,424 per year in India, which is 8% lower than the average NIMHANS salary of INR 37,54,023 per year for this job.
Many people in fact almost everyone going to say that a package of INR 31 LPA is a more glittering option than MBA at IIM Lucknow. However, I beg to differ. My opinion is based on the thinking that no matter how much you earn, an MBA is always a game changer. This is because you learn a lot in a classroom full of masterminds and the best professors than you do at work. Although you might be able to apply those skills only after a long time that’s the case with MBA, it does not give you short-term benefits, it provides long-term benefits. It ends up being the reason for your success and excellence.
MBA is not a specialization but rather a general course. It teaches everything in finance, accounting, and marketing. A successful leader requires basic knowledge of anything and everything which is possible through an MBA only. It will open gates for you to carbon black manufacturers, Steel manufacturers, and so on. You can plan your career after your MBA and climb the ladder slowly but swiftly. From a tech company to a core company to a banking sector, you can switch your posts depending on your interests.
Another major advantage of pursuing an MBA is making some great friends that will become great leaders and broaden your networks.
First of all, it's highly illogical to evaluate colleges based on the highest package they offer because it has nothing to do with your individual placements. Rather you can refer to the average or median package while comparing colleges.
In 2022, NIT Silchar was visited by more than 94 recruiters including Amazon, Microsoft, Adobe, Arcesium, Intuit, etc. In all, 397 students were placed with 537 placement offers. The highest salary offered was INR 44 LPA & the average salary stood at INR 13.58 LPA.
Here is a table comprising company-specific packages provided to the students during the NIT Silchar placements in 2022:
|
Company |
Students placed |
Package Offered |
|
Amazon |
3 |
INR 44 LPA |
|
Microsoft |
2 |
INR 41.86 LPA |
|
Adobe |
1 |
INR 40.93 LPA |
|
Arcesium India |
2 |
INR 36 LPA |
|
Intuit |
NA |
INR 32.82 LPA |
|
Swiggy |
9 |
INR 31.84 LPA |
From the above table it can be inferred that during NIT Silchar placements 2022, the highest salary of INR 44 LPA was offered by Amazon followed by Microsoft.
Yes, you will get a stipend for securing an admission into JNTUH through GATE. MHRD offers a stipend to all the students who crack the GATE exam for their M.Tech. and get admission into an AICTE recognized institution.
Regular M.Tech students get a stipend during both years of their degree. A stipend is also offered to final year students of integrated dual degree programs. You can avail this stipend only if you are not entitled to any financial assistance from some other organization. Therefore, sponsored category candidates and candidates who are in receipt of state government scholarships are not eligible for it.
If you fulfill these requirements, you are eligible for a stipend as you got a seat at JNTUH for your M.Tech after qualifying the GATE exam.
One of my friends is a pass out of IIM Indore and she claims the placement statistics are rather misleading in comparison to the actual figures.
The highest package is usually around INR 14 LPA and if you are really qualified then maybe INR 20 LPA. The average is around 8-10 LPA. The lowest CTC stoops as low as 5-6 LPA. Moreover, many students even fail to land a job after completing the program. The reason behind this is the lack of popularity of the program among recruiters. They don’t want to invest in a relatively new and uncertain course, rather they prefer B.Tech + MBA students.
Now let’s talk about ROI. The fees for the first 3 years is INR 5,00,000 per year. The total fee is around INR 25,00,000. Including the additional expenses, we can say it’s around INR 30,00,000. Comparing the fees with the placement we can easily say that the ROI is terrible. You will have to spend many years paying the loan back.