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

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.  

It’s hard to say definitely. There are a number of factors that are influencing the salary you will get after 5 years of passing from NICMAR. Here are a few of these factors.

• Your Organization
• Your Job Profile
• Your starting salary
• Your performance over the 5 years
• Demand in the industry
• Growth within the company

Assuming you join with a starting CTC of 7 LPA, in around 3 years, your salary can reach 18 LPA. However, there are many factors at play. 

In bigger organizations, NICMER students are observed to double their salaries within 36 to 40 months. In smaller organizations that are still growing, you may be able to double or triple your salary within 2-3 years. You can also change your organization to increase your salary. However, frequent job changes may not be that effective.