Is it possible for freshers to bag “1 crore” plus packages at IITs? - letsdiskuss
Official Letsdiskuss Logo
Official Letsdiskuss Logo

Language


Sumil Yadav

Sales Manager... | Posted on | Science-Technology


Is it possible for freshers to bag “1 crore” plus packages at IITs?


0
0




Financial analyst (Mudra finance company) | Posted on


Packages at IITs vary significantly with departments. The crore-plus salary packages are usually bagged only

by students of computer science and engineering. Last year, a student of Indian Institute of Technology in Delhi (IIT-D) was recruited by Microsoft with an annual pay package of whopping Rs 1.4 crore.


Some students do get one crore rupees packages which are equivalent in US$ if they are placed abroad. But with high taxes and unavoidable expenses of about 40% in the USA and considering purchase price parity, a salary of about US$150000 in the USA is just as good in saving potential as the highest salaries which IITs students are able to get in India.


Several crore-plus packages are offered by companies like Microsoft, Amazon, Google, etc. However, recruitment from key Indian Institute of Technology campuses suggests the crore club is hardly bagged by freshers and they usually bag packages around Rs 8- Rs 12 lakh per annum which are also considered to be a good start for freshers.


Letsdiskuss



1
0

Picture of the author