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How good is IIFT (Indian Institute of Foreign Trade) as compared to IIMs, XLRI, and FMS, in regards to faculty, placements, location, students, alumni, etc.?
Considering all factors like faculty, placements, location, students, alumni, etc. IIFT is a good option for pursuing an MBA. International Business, it is the best among all the institutes mentioned here.
IIFT offers decent academics. For the MBA in International business, the first year is common for all students. After the summer semester, students can choose their specializations. You can choose Trade, Finance, or Marketing.
IIFT has a great placement record. In 2021, IIFT Delhi placements had an average CTC of INR 25.16 LPA. While IIFT Kolkata's average package for 2022 was INR 20 LPA.
Here is a video to brief you more about IIFT
Overall, IIFT is the best option among XLRI, FMS, and IIMs.
What is the average salary of an IIT Bombay CSE graduate?
There are many factors that contribute to the high packages received by IIT Bombay CSE graduates. Some of the core reasons are
- Extremely high quality of education
- A very strong alumni network
- The excessive demand for skilled CSE professionals in the job market
| Goldman Sachs | Oracle | |
| Microsoft | IBM | Samsung |
| Amazon | Adobe | Uber |
Is NMIMS's average salary really above 16L Rs.?
Yes, it's true that NMIMS's average salary is above INR 16 LPA. In the 2023 MBA placements of NMIMS, around 36% of the batch were placed through PPOs. The highest package stood at INR 67.80 LPA whereas the average package stood at INR 26.63 LPA. Here are the salary-wise placements for the batch 2023 at NMIMS Mumbai:
|
Salary Statistics |
CTC Offered |
|
Top 10% Average Package |
INR 40.41 LPA |
|
Top 20% Average Package |
INR 36.50 LPA |
|
Top 30% Average Package |
INR 34.39 LPA |
|
Top 40% Average Package |
INR 32.53 LPA |
So yes, NMIMS average package is really above INR 16 LPA!
What is the monthly salary of an animator, VFX in India?
The package depends on whether you are joining which department of Animation or VFX.
- Starting salary as an animator is a minimum of Rs 20,000-25,000 per month, in India.
- For a roto artist, the salary is a minimum of 10,000-15,000 per month in India.
- Starting salary as a compositor is a minimum of 20000-25000 per month.
What is the placement like for M.Tech students in Computer Science at the IITs? How many get placed, and what's the average package, etc?
One of my friends completed his M.Tech in CSE from IIIT Kanpur back in 2019. Here are the placement highlights from his year.
The placements of the M.Tech students were at par with B.Tech and the dual degree students. There are very few companies that did not open their process for M.Tech students. But most of them are open.
A CSE M.Tech student got the highest package of INR 65 lakhs per annum. Mostly you will get a package in the region of INR 35 – 44 lakhs per annum. The minimum package hovered around INR 20 lakhs per annum. Some of the top companies visiting the campus for recruitment include Google, Microsoft, Qualcomm, SAP Labs, Samsung, Codenation, etc.
What is the starting package in IOCL after the GATE?
The pay scale for IOCL employees is INR 60,000 - 1,80,000/-. Naturally, the salary varies depending on the post. Here are the various components of IOCL salary.
| Salary Components | Amount (in INR) |
| Basic Salary | 60,000 |
| Pay Scale | 60,000 - 1,80,000 |
| Dearness Allowance | 5,280 |
| Employer Contribution | 15,668 |
| PRP | 24,000 |
| Perks | 21,000 |
| Total Gross Salary | 1,25,948 |
The in-hand salary of IOCL officers is in the range of INR 60,000 to INR 55,000, per month, without any perks. Adding perks the amount will be higher.
IOCL Payscale 2022 for Different Designations -
Indian Oil Corporation Limited has three classes of employees, i.e. Board Level Employees (like Chairman, Director), Below Board Level Workers, and Workmen.
The pay scale for board-level employees - Director and Chairmen are respectively INR 1,80,000 - 3,40,000 and INR 2,00,000 - 70,000 respectively.
The pay packages for workers below board level are as follows.
| Designation | Employee Level | Pay scale (in INR ) |
| Assistant Officer | A0 | 50,000 - 1,60,000 |
| Officer | A | 60,000 - 1,80,000 |
| Assistant Manager | B | 70,000 - 2,00,000 |
| Deputy Manager | C | 80,000 - 2,20,000 |
| Manager | D | 90,000 - 2,40,000 |
| Senior Manager | E | 1,00,000 - 2,60,000 |
| Chief Manager | F | 1,00,000 - 2,80,000 |
| Dy. General Manager | G | 1,20,000 - 2,80,000 |
| Executive Director | I | 1,50,000 - 3,00,000 |
| Director | Director | 1,80,000 - 3,40,000 |
| Chairman | Chairman | 2,00,000 - 3,70,000 |
Along with good salary packages, IOCL offers many perks and benefits to their employees.
Is it a better choice for choosing FMS Delhi over IIM A or IIM B when compared to placement salary?
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
How are the placements at IIIT Hyderabad??
IIIT Hyderabad has its name among the top 10 IIITs of India. 97% was the placement rate of the students in the institution, for the 2019-20 session. 71 recruits offered job opportunities to 271 students. The placements trends of the institution are constantly increasing every year. The CSE department has the maximum number of students getting placed.
Highlights:
The following information is for the year 2019.
-
Around 289 students took part in the on-campus placement.
-
271 students were placed out of 289.
-
There were around 71 recruiters during the placements.
-
The highest package offered was INR 46.26 LPA while the average package offered was INR 26.05 LPA.
-
Samsung being the top recruiter offered 32 job offers.
Top recruits:
Some of the top recruits with the number of students getting placed in the last placement drive are as follows.
|
Samsung |
32 |
|
Huawei Technologies |
19 |
|
Microsoft, Reliance Jio |
16 |
|
Apple, Adobe |
11 |
|
Qualcomm |
10 |
Some other recruits are Flipkart, Google, Facebook, HSBC, Nvidia, Synopsys, Indeed, etc.
B.Tech placements:
-
100% placement was recorded for the B.Tech field.
-
31 students from the ECE department and 83 from the CSE department took part in the placements and all of them got selected.
-
For BTech the highest package offered was 46 LPA, while the average package offered was 22.5 LPA.
M.Tech placements:
-
100% was the placement rate for CSE and CSIS streams.
-
48% was the placement rate for CASE and 56% was the placement percentage for Bio stream.
-
Mtech students were offered an average package of around 13.25 LPA.
MS placements:
-
100% was the placement rate for all the streams.
-
The highest package was offered to the CSE student.
IIIT Hyderabad offers excellent placement opportunities to its students. Year by year the placements statistics for the highest salary offered to the students are increasing continuously. Even the number of students getting placed is increasing every year.
How is BIT Mesra in terms of placement?
The placements for the BIT Mesra Main Campus BE program are particularly good for the core branches and circuital branches. The CSE and IT placements record the best placements while in other branches the scenario is average.
BIT Mesra placement drives are conducted by its active placement cell. In 2022, students received 1257 placement offers. The highest salary was recorded at INR 58.33 LPA while the average salary was INR 13.01 LPA. A total of 235 companies visited the campus.
Here is the branch-wise placement scenario at BIT Mesra
|
Particulars |
Lowest CTC |
Average CTC |
Median CTC |
Highest CTC |
|
Computer Science & Engineering |
INR 4 LPA |
INR 19.27 LPA |
INR 16 LPA |
INR 58.33 LPA |
|
Mechanical Engineering |
INR 4 LPA |
INR 8.05 LPA |
INR 8 LPA |
INR 15 LPA |
|
Electronics & Communication Engineering |
INR 4 LPA |
INR 13.13 LPA |
INR 11 LPA |
INR 58.33 LPA |
|
Information Technology |
INR 4 LPA |
INR 20.58 LPA |
INR 16 LPA |
INR 58.33 LPA |
|
Electrical & Electronics Engineering |
INR 4 LPA |
INR 11.91 LPA |
INR 8.12 LPA |
INR 29.25 LPA |
Major recruiters included Hashed In, Persistent Systems, Cognizant, Daffodil Software, Genpact, etc.
What is the highest salary of IISc?
IISc Bangalore has an excellent placement scenario thanks to its active placement cell that conducts placement drives every year. My knowledge is limited to IISc placement 2021-2022 only. The average salary package stood at INR 23 LPA and the highest salary of IISc was recorded at INR 60 LPA.
Out of the total of 528, 276 graduating students were placed, and 6 UG students and 270 PG students were also placed. The median salary for UG students was recorded at INR 13.50 LPA, INR 20 LPA for the 2 years PG students, and INR 21.69 LPA for the 3 years PG students.
Some of the past recruiters included
- Adobe
- India Bulls
- Siemens
- L&T, Tech Mahindra
- ICICI bank
- Cognizant
- Birla Soft
- Cipla
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