What is minimum package I can expect after graduating from the Indian Institutes of Information Technology?

A very good question indeed. In the hierarchy of colleges, IITs are followed by NITs and IIITs. This is not rigid but based on the experience of past many years. As one can expect, some students of CS/IT branches can expect astronomical salaries but then these are to be treated as exceptions. As per the recent figures released by IIT Mumbai, average package of students placed so far was declared as 11 LPA. Considering this, it is safe to assume that minimum package must be around 7-8 LPA. Students from NITs too get similar packages and maybe a bit lower in range of 5-7LPA. IIITs have managed to get average packages of 5 LPA, but here there are no low paying branches and hence minimum package should be around Rs.4 LPA.

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Average salary entirely depends on "what you can offer to companies". It's not a typical undergraduate programme where companies will hire masses and train them to different departments/verticals. The standards expected of you by companies which hires you will be quite high. There are students (a minority) who join the college every year simply for the placement guarantee. Especially for a Bachelor's course, I personally don't really think this is a good sign. The maximum pay package offered to students this year was 21 lakh per annum and the minimum - 7 lakh per annum. An average of 10 to 15 lakh per annum is usually the package but then again it depends on the student; the extra effort put in by that individual is eventually what companies look for. Company offering good placements are : Johnson & Johnson, Inmobi, Kaybus, Amazon, DSquare, Mphasis, O9 Solutions, Thorogood, Morgan Stanley, Walmart Labs, Vmware, Informatica, Azul Systems, Mathworks, Kodiak Networks, National Instruments, Microsoft, Taxi For Sure, Flipkart, IBM.

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Hello students, A very good question indeed. In the hierarchy of colleges, IITs are followed by NITs and IIITs. This is not rigid but based on the experience of past many years. As one can expect, some students of CS/IT branches can expect astronomical salaries but then these are to be treated as exceptions. As per the recent figures released by IIT Mumbai, average package of students placed so far was declared as 11 LPA. Considering this, it is safe to assume that minimum package must be around 7-8 LPA. Students from NITs too get similar packages and maybe a bit lower in range of 5-7LPA. IIITs have managed to get average packages of 5 LPA, but here there are no low paying branches and hence minimum package should be around Rs.4 LPA. Here, I would like to caution students that don't get carried by this. What happens after four years, nobody can predict. Packages are invariably linked to the performance of the industry in the country. What runs today may crawl tomorrow and what crawls today may run after four years.

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Frankly, there is a lot of variance between the salary offered by companies among various sectors. Finance companies take the top spot in remuneration amount which can be an upward of Rs 12 lakhs per annum average. Such companies which include Goldman Sachs, Tower Research Capital, World Quant, each offering over Rs 20 lakhs per annum gross packages. Tech companies taking in computer science students also dole out huge salary packages typically in the range Rs 10 to Rs 20 lakhs per annum. Google, Facebook, Sony come under this category. Then come the consultancy firms which offer an average of Rs 11 to Rs 12 lakhs per annum (Booz, Bain, McKinsey, etc). Of course, there is a sporadic scatter of non-CS tech companies in the Rs 10lpa+ category like Schlumberger. The remaining companies, including another tech, analytics, software development firms, etc. which actually comprise a huge chunk of the list, typically offer packages in the range of Rs 4 to Rs 9 lakhs per annum. Hence, the minimum expected package is Rs 3 lakhs per annum with startups coming for the bottom percentile of students.

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Hi there, After IIT's and NIT's, IIIT's are only the most premier engineering institutes in India, they are very well known for their infrastructure & placements. Altogether there are 23 IIITs which is having 2228 no seat mainly in CSE and ECE branches. Some of the top IIITs are: 1) IIIT, Hyderabad: - Intake- 190, Average package- Rs 11 lakhs, Highest package- Rs 35 lakhs. Recruiters- Wells Fargo,Virtusa,Yahoo,PayPal,Bosch etc. 2) IIIT, Allahabad: - Intake- 277, Average package - Rs 6.6 lakhs, Highest package - Rs 65 lakhs. Recruiters - Infoedge,Verizon,Yahoo,Macfee etc. 3) IIIT, Bangalore:- Intake-120, Average package - Rs 7 to Rs 8 lakhs, Highest package - Rs 21 lakhs. Some average iiit's are: 1) IIIT guwahati:- Intake- 80, Average package- 3.5 lakhs, Highest package- 12 lakhs. Recruiters:- ibm, tech mahindra, capgemini. 2) IIIT sricity:- Intake- 270, Packages- First batch will pass out in 2017. However some of the newly opened IIITs like of Ranchi and Bhagalpur may not have the satisfying infrastructure and excellent placements records, but the things will definitely change in the coming days. Hope this helps.

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