What is the salary of IIT engineer 2020?

The national average salary for a IIT Engineer is ₹7,74,822 in India.

How much do IIT graduates earn?

Employees who graduate from Iit earn an average of ₹23lakhs, mostly ranging from ₹5lakhs per year to ₹50lakhs per year based on 12109 profiles.

What is in hand salary of IIT engineer?

As we discussed earlier, what comes in hand will be around 60 percent of Rs 40 lakh CTC, which will be around Rs 24 lakh in hand (or Rs 2 lakh per month), which does not deserve the hype and sensation created recently over IIT placements.

What is the highest salary package offered in IITs?

The highest salary package offered in the top IITs is usually above Rs 1 crore whereas, in other IITs, the annual CTC lies between Rs 30-70 lakh. Usually, the top packages offered by companies are the international ones.

When do IIT placements for final year engineering students begin?

IIT placements for final-year engineering students begin in the month of December every year. The placement season involves Pre-Placement Offers (PPOs), Internships and final placements. Both domestic and international recruiters take part in IIT placements.

Do all IITs offer 100\% placements to students?

Yes, all the IITs offer 100\% placements to their students. Only the students who want to pursue higher studies don’t appear in the placement drive. What is the average package offered to IIT students? Package of students in top IITs usually ranges from Rs 10-20 lakh per annum whereas, for other IITs, it is between Rs 5-10 lakh per annum.

Does being in an IIT mean you will get a job?

Let’s get started. First being in an IIT does not guarantee you a job. These are the current stats of students who got intern this season, so far. From the graph it is clearly evident that not all branches enjoy the same scope.