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  • Category: Miscellaneous

    Huge salary packages for some IIT-B students

    During the phase-1 of placement season 2023-24 a good number of students of IIT Mumbai have been offered an annual salary package of more than rupees 1 crore per annum. Out of these employers, there are many international employers who have made these attractive offers to the students of IIT-B.
    A total number of 85 students have got offers for more than rupees 1 crore and highest offer is made by a Hong Kong company offering about rupees 3 crore per annum to one student.
    These are very attractive offers if we consider the average salaries offered to IIT-B students is ranging only from rupees 20 lacs to 40 lacs per annum.
    It is natural that there will be a great rush and competition for getting admission in the IIT-B where after completing their courses the students are getting such excellent opportunities.
  • #776361
    This is a very good news. IIT, Mumbai students are getting very good placements with very good salary packets.
    One of my nephews studied M Tech at IIT Mumbai. He completed the course in 2018 and he got an offer from a US-based company at that time his pay was about a crore per year. Now he settled there and doing good.
    IITB is very famous for chemical engineering and many chemical engineers from this institute are working in HPCL, Indian oil and other Navaratan companies and their salaries are also very good. Slowly Indian educational institutes also are attaining good names and attracting good companies.

    drrao
    always confident

  • #776420
    Top ranking students from the top ranking institutions in India are getting good remuneration in multinational companies. This is a good trend and it clearly shows that our top institutions are having good reputation in the international arena.
    Thoughts exchanged is knowledge gained.

  • #776423
    Students should consider themselves fortunate enough if they secure their admissions in the IIT's preferably IIT Mumbai, IIT Delhi, IIT Kharagpur and even in other IIT institutions. A tag of IIT does carry a weight of the course pursued from the different locations attached to IIT.
    What the author has indicated for IIT - B students is not very surprising with respect to their earnings to a whopping amount and this could be a dream for the students of other engineering colleges.
    It is mainly due to the fact that the employers are absolutely confident that they cannot get a better substitute from other institutions. This positive impression is not from one or two employers but the same is valid for the most of the employers of both the companies- India or outside. They know that procuring students from IIT tag would ultimately boost their productivity & profitability ultimately.


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