Hi Dhruv.
A Chartered Engineer (in India) is an engineer who receives the certification from Institution of Engineers, India as Chartered Engineers.
It is not an academic or professional course. Actually, the corporate membership of the Institute of Engineers, India enables its members to be entitled as Chartered Engineers for their professional support.
To become a Chartered Engineer or to obtain a Chartered Engineer certification, the aspirant has to do the following-
1. He/She needs to qualify BE/B.Tech or equivalent degree recognised by the Institution of Engineers, India. AMIE degree holders can also apply for Chartered Engineer Certification.
2. He/She needs to apply for corporate Life Membership of Institution of Engineers, India.
After this, a special certificate specifying as Chartered Engineer can be obtained on payment of Rs 8,850 or more. It is to be noted that this is applicable only to the members who have paid Composite Subscriptions or Life Compounding fees in full.
It is also important to note that to become a Chartered Engineer, one must have a good experience, usually of 5 years or more.
There are various benefits that a Chartered Engineer enjoys. It is very clear that Chartered Engineering is a top-level post and so such engineers would be given a good salary (usually more than what normal engineers earn). Also, the importance of Chartered Engineers is more in the Government sector than in the Private Sector. The Chartered Engineers can get some professional license like Approved Valuer, Loss Assessor etc.
Basically, the certification of Chartered Engineer issued by IEI, which is one of the oldest and largest professional bodies of Engineers, helps in the recognition of one's technical and academic qualification and professional attainment at world level.
To know about the benefits of being a Chartered Accountant in detail, visit the following website -
https://www.ieindia.org/webui/IEI_PE_Certification.aspx
Hope it helps.
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