BITS Pilani assistant professor salary is approximately around INR 97,000/month before taxes, including DA. The salary amount is decided based on the UGC scale. It also depends on the designation and experience of the faculty member. Other than salary, the faculty members of BITS Pilani get housing benefits.
MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows.
Name of the institute | MBA salary(in INR) |
IIM Ahmedabad | 26.13 LPA |
IIM Bangalore | 33.8 LPA |
IIM Calcutta | 26.24 LPA |
IIM Lucknow | 26 LPA |
FMS Delhi | 32.4 LPA |
XLRI Jamshedpur | 30.73 LPA |
MDI Gurgaon | 26.07 LPA |
SPJIMR Mumbai | 23.6 LPA |
IIFT Delhi | 25.16 LPA. |
MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements.
While working part-time in UAE students may earn up to 15 to 20 AED (338 to 450 INR) per hour and 160 AED (3,600 INR) per month. To work part-time students must maintain a minimum GPA of 2.2 every semester. International students may work 15 hours to per week 60 hours per month during semesters. During holidays, the students may work 40 hours per week to 160 hours per month.
Yes, 60 LPA is indeed a pretty decent salary for someone working in the IT industry. In fact, after 12 years do people even work for a salary anymore? I think their work-life needs other factors for motivation. These include your growth in the particular field, your understanding of the recent trends, you are being able to undertake risks successfully, or the recognition of things that might be beneficial for you in the long run. What I mean is after a long period of 12 years your salary is no longer the motivating factor. So instead of looking for a higher salary, focus on your own life and personal growth.
According to the student’s reviews online, The average CTC (domestic) is INR 18.33 LPA. All the B-Schools of the country publish their placement reports based on CTC or cost to company numbers.
There is a huge difference between CTC and in-hand salary. So if your question was related to 16 lakhs CTC then it could be a possibility but if your question was related to 16 lakhs in hand salary then it might vary.
The average salary package may also vary depending on the company and your overall academic performance. Some companies offer students a 18-20 LPA salary package but they also have better grades. Whereas some Mass recruiting companies like TCS often give lots of job offers but with a lesser salary package.
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
IIM Ahmedabad easily ensures a high salary. One of my cousin's brothers was an IIM Ahmedabad pass out. Today he is working abroad for Amazon and earns around 1.8 crore.
Another friend, an IIM Ahmedabad pass out, is making 26 LPA. He was nowhere near 20% or 30% of the batch, neither in academics nor in terms of campus replacement figures.
So we can safely assume that even without much shifting of jobs, an IIM Ahmedabad passout would reach the 1 crore easily.
According to the placement 2023 data, an average salary one can expect from IIM Shillong is INR 26.96 LPA. The average salary is expected to increase every year by 15 - 20 percent. Last year in 2022, the average package of the students was INR 23.10 LPA and the average package increased by 16.70% in 2023.
Also, the highest salary went up to INR 71.30 LPA in 2023 and INR 55.22 LPA in 2022. From this one can understand that companies that come to IIM Shillong offer the highest package up to INR 71.3 LPA. If a student is good enough then they can also expect a salary up to 70 LPA. The highest packages offered in specific domains are as follows:
Domains | Highest Package |
---|---|
Consulting & Strategy | INR 31.2 LPA |
Finance | INR 41 LPA |
Sales & Marketing | INR 41 LPA |
General Management | INR 27.1 LPA |
Human Resource & Operations | INR 34.7 LPA |
ISB Hyderabad placement statistics are given below
Particulars |
Statistics |
Highest CTC |
INR 60 LPA |
Average CTC |
INR 34.07 LPA |
The components in the packages generally include
Apart from this, some companies give a joining bonus of around 1–3 Lakhs which might or might not be considered as a part of CTC.
I will recommend you stop focusing on the average packages of any Institute be it FMS, IITs, or IIMs. This is because average packages are quite misleading. Two main reasons are
Because of these reasons, I deem the average packages to be very misleading and should not be considered to determine the worth of a college.