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What is the salary range for an MTech graduate in mechanical engineering from IIT Bombay?

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

The salary of an MTech graduate in Mechanical Engineering from IIT Bombay varies from branch to branch.

  • Mechanical Designers get more salary ranging from 5 to 12 lakh than others some even get around 20 LPA.
  • Thermal Engineering students get slightly lower packages than design students 
  • Manufacturing Engineering students get salaries of around 4 Lakhs to 8 Lakhs

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.

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What will be the salary of a person passing from NICMAR after 5 years?

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Sulangna Mukharjee Posted On : May 2nd, 2022
MBA Construction Manageme from National Institute of Construction Management and Research, Pune (2019)

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.  

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What is the least package offered in FMS Delhi?

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Vivek Gaur Posted On : December 29th, 2022
Chief Educator & Director at ReGraduate | MBA, 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.

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What is the actual average salary for NMIMS Mumbai? Is it really worthwhile to do an MBA from NMIMS, considering the huge fees and inflated placement reports?

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Rohan Mitra Posted On : January 18th, 2022
studied at SVKM's NMIMS (2019)

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.

  • They show an average package of 16 LPA being offered to 550 students but it is impossible to get that.
  • Usually students receive a 12-13 LPA for core subjects and 9-10 LPA for HR.
  • NMIMS is a popular brand, thus the brand name attracts lots of students in Hyderabad and Bangalore campus. But they are not good enough as generally promoted.
  • IMT, NMIMS, SIBM, XIMB were once one of the top private B-schools . But their standards have degraded recently. Only MDI managed to maintain and move forward.
  • No other B-school increased fees like NMIMS. Its fees are more than XLRI and IIM A, B and C.
  • The building at NMIMS is also not great, according to the fees that they charge.
  • No other college charges its candidates for conducting CDPI or GDPI. Whereas NMIMS students have to pay 1000 rupees.
  • After the release of the results, students have to pay fees of about 9 lakhs in just 1 week.

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.

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What is the average placement salary in IBS Hyderabad?

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Aman Bansal Posted On : February 13th, 2023
Studied at Institute of Technology and Science, Mohan Nagar, Ghaziabad

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

  • Top 200 students - 7.5 lakhs. In hand was mostly 50k/- month after tax, pf, gratuity
  • Next 500 students - 4.5–6 lakhs - In hand 35k/- month
  • Remaining: up to 4.5 lakhs or unplaced. In hand minimum 25k/- month 

My friend got placed decently while at IBS Hyderabad. Some major highlights of the placement scenario then were

  • People who started with good brands and salaries but below-average job profiles remained stuck for several years
  • The profile of the candidates mattered the most during placements. Anyone with skills that are in demand can claim a good position in the corporate world.
  • Many students, especially girls who left India to pursue MS in MIS, etc are earning 100k+ USD.
  • Many students who initially started with a sales job, switched domains and are now earning 20+ LPA
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Do graduates from IIMs and JBIMS get the same salary in MBB?

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Hardik Nagar Posted On : February 28th, 2023
CSE IITK'15, IIMA Batch of 2015-17

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.

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What is the average package of ECE at IIT Roorkee?

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Radhika Srivastava Posted On : April 12th, 2023
Studied at Indian Institute of Technology, Roorkee

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 

  • Microsoft
  • Google
  • Nutanix
  • Adobe
  • DE Shaw
  • JP Morgan
  • Goldman Sachs

The most common role offered was that of an SDE. Non-core industries included consulting, finance, etc.

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What is the average salary for Mechanical and Instrumentation & control engineering at NIT Trichy. Do the students get chance to participate in IT placements

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Namrata Posted On : February 18th, 2023
Master of Commerce Finance & Commerce, Banaras Hindu University (2020)

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.

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How much is the monthly stipend in AIIMS Bhubaneswar, Patna, Raipur, and Rishikesh for an MD (radiodiagnosis)?

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Vastal Garg Posted On : November 16th, 2022
M.B.B.S. from All India Institute of Medical Sciences (Expected 2024)

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. 

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What can be the salary at McKinsey for those with IIT Bombay & IIM Ahmedabad qualification & about 10 yrs into management consulting?

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Konark Pandey Posted On : November 22nd, 2022
PGP-PGDM from Indian Institute of Management Calcutta (Graduated 2019)

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.

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