The salary of an MTech graduate in Mechanical Engineering from IIT Bombay varies from branch to branch.
MTech students are usually hired by core companies that gain less profit than Software Companies and hence end up with lower packages than BTech students. Moreover, companies are aware that BTech students are all-rounders and thus prefer them to MTech students. However, the promotion of MTech students is faster than that of BTech students.
The salary package after 5 years of graduating from NICMAR is around INR 25-30 LPA. This is an approximate figure. Naturally, there are many factors that will determine your salary package. Some of these factors are your job profile, starting CTC, career growth, industry trends, your organization, company switch, etc.
Usually, the salary package becomes double in big organizations after 3-4 years of joining.
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.
One of my friends got into NMIMS through NMAT. According to him, it was not the most sorted choice as their rankings and placement reports are inflated.
Spending a huge amount for MBA education is not a great idea. People might consider it an investment, but you have to make an informed decision by also considering the ROI. Therefore, if you are an outstation student consider other colleges than NMIMS.
The overall IBS average CTC for the 2020-22 batch is INR 8.71 lakhs and the highest domestic salary package is INR 21 lakhs. While the highest international salary package is INR 53.45 lakhs.
The ratio of salary between the batch is like
My friend got placed decently while at IBS Hyderabad. Some major highlights of the placement scenario then were
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.
Being one of the oldest and top IITs, IIT Roorkee boasts an excellent placement scenario with many top companies visiting the campus.
This year too, the entire batch got placed in their 4th year. Some students even got 2-3 job offers. Many seniors were given PPOs while doing their internships.
Nutanix offered job roles to many students. The highest international salary package stood at 1.3 CPA whereas the highest domestic salary package offered was 60 LPA. The lowest salary package offered ranged between 8 LPA - 9 LPA.
A number of big firms made it to the placements like
The most common role offered was that of an SDE. Non-core industries included consulting, finance, etc.
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.
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.
This answer is based on the assumption that you joined McKinsey right after leaving IIM Ahmedabad and have been working constantly ever since.
In that case your tenure, your current salary should be around 2 crores. This includes the fixed, bonus and dividend.