What is the use of an MTech in CSE at IIIT Bangalore when we can get 11 LPA just by switching jobs?

I completed my M.Tech CSE from IIIT Bangalore some years ago. This makes me eligible to answer your query.

Here are some reasons why this degree is more beneficial for your career than simply switching jobs-

1. As an M.Tech CSE graduate from IIITB, you’ll be offered much more than 11 LPA. You can expect to get around 15-16 LPA as your starting CTC.
2. Top companies like Microsoft recruit from the IIITB campus.
3. Companies like TCS have very low workloads, and the work is mostly brainless. This can make you lazy. An M.Tech course will help exercise your brain.
4. It’s difficult to switch from service based companies to product-based MNCs. You may end up in a service based company or a product-based startup post-switching.
5. M.Tech graduates from IIITB are much more likely to get into a product based MNC. 
6. The college tag will open more opportunities for you career-wise.
7. You can access good off campus opportunities as Bangalore is the ideal place for tech professionals.
8. At college, you’ll spend your time studying AI/ML, and developing your coding skills. 
9. You may not get to develop these abilities at your workplace. They may give you basic support projects, excel sheet work, etc. Then you’ll have to develop your coding skills post work hours. 

Thus, I would recommend you consider an M.Tech CSE from IIITB instead of relying on a job switch.