Which job has a salary of 1 crore?

1. Management Professionals – Jobs with salary over 1 crore. Those who study MBA or PGDM from a prestigious business school get a starting salary of around 12 to 30 lakhs per annum.

What is the salary of IITians in USA?

While ZipRecruiter is seeing annual salaries as high as $87,000 and as low as $15,500, the majority of IIT Student salaries currently range between $31,000 (25th percentile) to $57,000 (75th percentile) with top earners (90th percentile) making $76,000 annually across the United States.

What is the reality of IIT packages?

The average salary package offered during the same placement cycle was 8.45 lakhs per annum. Massive difference, don’t you think! There is no refuting the fact that every year some exceptional IITians are offered starting salary packages as high as 70 to 80 lakhs per annum.

What does IIT package mean?

2nd Jun, 2020. Hii! In simple words packages in Colleges are mainly concerned with the placement and the salary you are offered per annum. So, for example, if it says you get a package of INR 6 lakhs per annum, then it means you get INR 50,000 per month.

Does nit have 1 crore package?

NEW DELHI: Students of National Institute of Technology, Hamirpur, Himachal Pradesh, were offered highest salary packages of over Rs 1 crore by international companies during the NIT Hamirpur placement drive 2021.

Do Iitians really get high salary?

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. 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.

Do all IITians get a package of more than 1 crore?

No, it is complete false that all iitians get a package of more than 1cr . There are students who get a crore package but they are very very few in numbers and the crore packages are mostly offered in IT industry and which is also offered outside of India. Yes and No!

Do bits students get a 1 crore package in salary?

Seriously, no one gets a one crore package. Please find my explanation below – Purchasing Power Parity: Students from IITs and BITS are often offered packages of $150k, in Total Compensation, from companies like Google, Amazon and Facebook in US.

What is the salary of 1 crore rupees in US dollars?

Your per month salary works out to $1600 At current foreign exchange rates Rs. 1 Crore =~ US$ 160,000. These kind of salaries could be offered early on in one’s career, only in the New York city area (NYC) or the San Francisco bay area where cost of living and taxes are very very high.

Do IIT students get job offers of Rs 1 crore plus?

However, placements at IITs, IIMs, and other premier institutes have had students receiving job offers of Rs 1 crore plus in the past years, too. These high offers are usually made by multinational companies for placements in different countries. For example, IIT BHU student was offered Rs 2.03-crore package from Oracle US in the year 2014.