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Which one is better if I like both of them equally, 31 LPA in a big product-based company or IIM Lucknow?

DP
Dev Patel Posted On : January 9th, 2023
PGP-ABM from Indian Institute of Management Lucknow (2019)

Many people in fact almost everyone going to say that a package of INR 31 LPA is a more glittering option than MBA at IIM Lucknow. However, I beg to differ. My opinion is based on the thinking that no matter how much you earn, an MBA is always a game changer. This is because you learn a lot in a classroom full of masterminds and the best professors than you do at work. Although you might be able to apply those skills only after a long time that’s the case with MBA, it does not give you short-term benefits, it provides long-term benefits. It ends up being the reason for your success and excellence.

MBA is not a specialization but rather a general course. It teaches everything in finance, accounting, and marketing. A successful leader requires basic knowledge of anything and everything which is possible through an MBA only. It will open gates for you to carbon black manufacturers, Steel manufacturers, and so on. You can plan your career after your MBA and climb the ladder slowly but swiftly. From a tech company to a core company to a banking sector, you can switch your posts depending on your interests.

Another major advantage of pursuing an MBA is making some great friends that will become great leaders and broaden your networks.

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What is the highest salary of NIT Silchar this year?

SG
Sudipta Ghose Posted On : August 24th, 2023
B.Tech from National Institute of Technology Silchar (2020)

First of all, it's highly illogical to evaluate colleges based on the highest package they offer because it has nothing to do with your individual placements. Rather you can refer to the average or median package while comparing colleges. 

In 2022, NIT Silchar was visited by more than 94 recruiters including Amazon, Microsoft, Adobe, Arcesium, Intuit, etc. In all, 397 students were placed with 537 placement offers. The highest salary offered was INR 44 LPA & the average salary stood at INR 13.58 LPA.

Here is a table comprising company-specific packages provided to the students during the NIT Silchar placements in 2022:

Company

Students placed 

Package Offered 

Amazon

3

INR 44 LPA

Microsoft

2

INR 41.86 LPA

Adobe

1

INR 40.93 LPA

Arcesium India

2

INR 36 LPA

Intuit

NA

INR 32.82 LPA

Swiggy

9

INR 31.84 LPA

From the above table it can be inferred that during NIT Silchar placements 2022, the highest salary of INR 44 LPA was offered by Amazon followed by Microsoft. 

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I got admission in JNTUH through GATE. Can I get stipend?

DS
Divya Saraf Posted On : August 8th, 2023
Lives in Hyderabad

Yes, you will get a stipend for securing an admission into JNTUH through GATE.  MHRD offers a stipend to all the students who crack the GATE exam for their M.Tech. and get admission into an AICTE recognized institution. 

Regular M.Tech students get a stipend during both years of their degree. A stipend is also offered to final year students of integrated dual degree programs. You can avail this stipend only if you are not entitled to any financial assistance from some other organization. Therefore, sponsored category candidates and candidates who are in receipt of state government scholarships are not eligible for it.

If you fulfill these requirements, you are eligible for a stipend as you got a seat at JNTUH for your M.Tech after qualifying the GATE exam.

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What is the minimum package of IIM Indore?

HC
Hema Chaudhary Posted On : January 3rd, 2023
Studied at Indian Institute of Management Indore

One of my friends is a pass out of IIM Indore and she claims the placement statistics are rather misleading in comparison to the actual figures.

The highest package is usually around INR 14 LPA and if you are really qualified then maybe INR 20 LPA. The average is around 8-10 LPA. The lowest CTC stoops as low as 5-6 LPA. Moreover, many students even fail to land a job after completing the program. The reason behind this is the lack of popularity of the program among recruiters. They don’t want to invest in a relatively new and uncertain course, rather they prefer B.Tech + MBA students.

Now let’s talk about ROI. The fees for the first 3 years is INR 5,00,000 per year. The total fee is around INR 25,00,000. Including the additional expenses, we can say it’s around INR 30,00,000. Comparing the fees with the placement we can easily say that the ROI is terrible. You will have to spend many years paying the loan back.

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What is the max and min salary offered at IIM Ranchi? Is it worth leaving a job of 9 lakhs CTC and joining the college?

PT
Pragya Tripathi Posted On : January 19th, 2023
Data Scientist

If you are considering studying finance, it is not recommended to do so solely for the purpose of earning a high salary. Students who have graduated from newer Indian Institute of Management (IIM) programs, including the one in Ranchi, have reportedly obtained jobs with salaries ranging from 9-20 lakhs per year, with a median of around 10 lakhs per year. However, it is important to genuinely enjoy the field of study rather than just being attracted to it for financial reasons. 

It is also worth noting that as you progress in your career, you may eventually take on managerial responsibilities regardless of your field of study. If you are unsure about your interest in finance, you may want to try taking an introductory course on Coursera to see if it is something you truly enjoy.

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What is the average salary paid by MBB in IIM Ahmedabad?

AC
Ajay Chandra Posted On : November 24th, 2022
Studied at Indian Institute of Management Ahmedabad (Graduated 2021)

IIM Ahmedabad has seen some of the most reputed recruiters over the years one of them being MBB (McKinsey Bain and BCG).

In IIM Ahmedabad ? batch takes consulting and MBB is the largest recruiter among them.

Average Salary: INR 35 LP for associate position (also a bonus of 15-25 percent).

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What is average package for JBIMS operations?

TR
Tej Rajani Posted On : February 21st, 2023
Former Business Operations Associate at ZS Associates (company) (2019–2020)

The company does not reveal specified placement data for particular domains. But the average package at JBIMS for this year is INR 27.63 LPA. I can also enlighten you on the kind of roles students from JBIMS Operations are hired in and you can conclude on the basis of your expectations whether the goals are at par with your expectations or not.

JBIMS Operations provides options for various sectors like IT, Finance, Consulting, Manufacturing, etc. Some major companies that offer the best roles are

  • Accenture Strategy
  • Mckinsey
  • BCG
  • HSBC (Operations)
  • Crompton Greaves
  • TCS
  • Infosys

Companies like Mahindra and Cipla offer roles in General Management. One can easily infer that the roles offered at JBIMS are very similar to those offered at the top B schools throughout the country. Concludingly, the average package is also expected to be fairly good at 

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What are the in-hand salary figures of IIM Raipur graduates?

IM
Ishika Malhotra Posted On : February 6th, 2023
PGDM from Indian Institute of Management Raipur (Graduated 2015)

IIM Raipur boasts a diverse range of graduate classes with variations both within and among batches. The inter-batch variation is primarily caused by the dependence on corporates, with the first 4-5 batches displaying a slight variation. Intra-batch variation, on the other hand, is a result of factors such as previous experience, the domain of choice, and interview performance among students. 

The campus placements at IIM Raipur are noteworthy, with a good variety of offers made concerning different functions. The strongest pool of recruiters came from the Analytics and Consulting sector, with an average salary of Rs 18.15 LPA and a high-end compensation of Rs 32.21 LPA. Additionally, IIM Raipur effectively retained all major recruiters and attracted many new recruiters. Sales and Marketing came in second, with an average salary of Rs 17.48 LPA and the highest salary of Rs 31.90 LPA. Financial Management & Operations followed, with average offers of Rs 16.72 LPA and Rs 18.64 LPA, respectively. Students were also offered General management roles, with an average salary of Rs 16.29 LPA.

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What salary will I get after completing an M.sc in Food Science and Technology at IIEST Shibpur?

SM
Saikat Mishra Posted On : September 20th, 2022
Indian Institute of Engineering Science and Technology, Shibpur (IIEST)

The starting salary for M.Sc Food Science and Technology graduates from IIEST Shibpur is around INR 15,000 - 22,000 per month. The scope of campus placement is pretty slim for this course. Students usually receive recruitment offers through off-campus drives. Food Safety Officers, Food Analysts, Quality Control Managers, etc. are among the top roles received by the students of this course. 

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What is the average salary per month that an IIM/SPJIMR Passout get in Dubai?

HN
Hardik Nagar Posted On : March 13th, 2023
Lives in Mumbai, Maharashtra, India

The average salary for an IIM/SPJIMR pass out in Dubai would depend on various factors such as the specific job role, the industry, the candidate's work experience, and the company's size and reputation. It is also worth noting that salaries can vary significantly based on the location, with salaries typically being higher in larger cities such as Dubai.

According to previous years' placement data, IIMs and SPJIMR graduates have received lucrative job offers from top companies in Dubai in various fields such as finance, consulting, marketing, and operations. The salaries offered have ranged from INR 50 lakh per annum to INR 1 crore per annum.

Again, it is important to note that these figures are from past years, and the current placement data could be different. It is recommended to visit the official websites of the respective institutes for the most recent placement information. Additionally, it is essential to conduct independent research and consult with industry professionals to get a more accurate understanding of the salary prospects in Dubai.

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