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How good is BITS HYDERABAD ECE? What are its average and lowest packages?
Having completed my B.E. in ECE from BITS Hyderabad, I find myself eligible to answer your query.
The average package for B.E. in ECE is close to 20.5 LPA, and the median package is close to 18.6 LPA. The department has a good faculty. Some of the teachers don’t teach very well, but they are very supportive. The department offers all the necessary facilities and opportunities.
ECE is the second most sought after branch at BITS. You can consider pursuing your B.E. ECE from BITS Hyderabad.
How is the placement of biotech in NIT Durgapur?
As an alumni of Biotech at NIT Durgapur, I will tell you about the placement scenario of this course.
Only 20-30% Biotech students are placed, mostly through Mass hirings. Usually the salary ranges from 3-4 LPA. Those who are able to grab IT jobs are offered around 5-6 LPA. These are hardly 4-6 students from an entire batch. Top IT and consulting companies visiting the campus do not allow Biotech students to sit for placements. Also, core companies do not visit the campus for placements.
Do not join Biotechnology at NIT Durgapur if you seek placements. But for higher studies, you can join this department. Students from Biotech get admissions into renowned Indian and foreign universities for higher education.
How much do the top b-schools like the IIM's, FMS, MDI, XLRI, SPJAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
The inflation in the package is mostly done by the companies that come to the colleges for hiring. They mention the CTC i.e. the cost to the company, not the actual in-hand salary. There are two major components of CTC i.e. the fixed and the variable component.
Fixed component: This refers to the CTC to which you are entitled to. This is not the in-hand salary. This consists of various components like basic salary, HRA, TA, LTA, PF, joining bonus, and retention bonus.
Variable component: This refers to the incentives or any other kind of bonuses which is given to you based on your performance. While calculating the CTC, the variable component is also added. Some of the companies don’t add the variable components in their CTC.
So, in hand salary = basic+HRA+TA+other allowances - pf deduction - tax. Some of the examples of salary distribution of the companies (for tier-1 institutes) are as follows.
|
Amazon |
|
|
Fixed component |
9 lacs |
|
1st-year retention bonus |
2 lacs |
|
2nd-year retention bonus |
1.5 lacs |
|
ESOP |
5 lacs to be paid over 3 years. |
|
Performance bonus |
Separate not reported |
|
CTC |
17.5 lacs |
|
In hand salary |
65,000-70,000 |
|
RBS India Development Center (Royal Bank of Scotland back-end) |
|
|
Fixed component |
9 lacs |
|
Variable component |
10-20 % of the fixed |
|
CTC |
10.8 lacs |
|
In hand salary |
65,000-68,000 |
You can clearly see that Amazon’s and RBS development center’s in-hand salary are the same despite their CTC. Amazon’s CTC is much higher. Placement teams at these institutes have very little to do with inflated figures.
Which is better for placement at Tata Steel IDTR or NTTF Jamshedpur?
IDTR and NTTF Jamshedpur are two institutes that provide various short and long-term diploma courses. While Tata Steel is a big brand that requires no introduction in the field of Iron and steel manufacturing. Here are some of the factors that you need to consider regarding your options.
Tata Steel- Tata Steel is a renowned multinational company specialized in steel making. It is a huge brand in itself. If you receive a placement here it would be a huge accomplishment for you as you would have the opportunity to work with several multi-talented people. The exposure you would experience there, is quite unparalleled.
IDTR(Indo danish tool room)- It is a government institute for the students who are graduates, intermediate or 10th pass outs. It is an institute for Design, Development & Manufacturing of Quality Tools & Components, Project Consultancy & Skill Development for such students. These are short-term courses in the field of electrical, civil, mechanical, electronics.
NTTF- It is an institute that offers several programs such as Diploma in Tool & Die Making (CP01), Diploma in Electronics (CP04), Diploma in Computer Engineering (CP08), Diploma in Mechatronics (CP15), Certificate Program in Electronics (CP-12). It is responsible for carrying out short-term programs for industries as well as institutes in Jamshedpur and around it.
Both IDTR and NTTF are great. It does not matter which institute you opt for, if you have the required skills you will get decent opportunities from both the institute. Also, if you are hard-working and have good skills, then you can definitely excel in Tata Steel. Now the final decision is yours.
How is the SVNIT chemical placement?
Since my sister is studying at SVNIT, I might be able to help you with your question. The placements at SVNIT in the department of chemical engineering are quite moderate.
|
Particulars |
Chemical Engineering at SVNIT |
|
Students Placed |
80% |
|
Highest Salary |
Rs. 12 lakhs |
|
Average Salary |
Rs. 7 lakhs |
|
Lowest Salary |
Rs. 5 lakhs |
After completing the degree, you can also opt for higher studies and go for research. The campus and the faculty members will help you with your project, thesis, presentations, etc.
If you want to sit for the placement drive, you can do it as well. The Training and Placement camp of the college will help you through and through. Some of the recruiting companies include Schlumberger Limited, GlaxoSmithKline, NTPC, GAIL, CIL, ONGC, Piramal Healthcare Limited, etc.
What are the biotechnology placement oppertunities in dtu?
DTU Biotechnology placements are average in the core areas. As for the non-core IT companies, only the average ones consider Biotech students. Most students prefer going for Consulting and some even go to the Finance sector.
DTU Biotechnology placement scenario has improved over the last few years and the statistics of the same have been tabulated below
|
Particulars |
BTech Biotech |
MTech Bio |
|
No. of Students Placed |
28 |
2 |
|
No. of Offers |
32 |
2 |
|
No. of Students Registered for Placement |
53 |
2 |
|
Average package |
INR 9.169 LPA |
INR 11.015 LPA |
|
Highest Package |
INR 27.55 LPA |
INR 14 LPA |
The placement statistics above show that the scenario is just average as of now.
How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
- Amazon:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
- Goldman Sachs:
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
- RBS India Development Center (Royal Bank of Scotland back-end):
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
How are the placements at Narsee Monjee College of Commerce and Economics?
The placement at NM College of Commerce and Economics is amazing. The college offers great industrial exposure in National Companies and other Corporate firms. However, very few companies visit the campus for the recruitment process.
The placement cell tries to bring companies for internships as well. The companies that often visit the campus for recruitment during placement drives are:
| Citigroup | Honeywell |
| TCS | Federal Bank |
| Ernst and Young | KPMG |
| Barclays Bank | Deloitte |
| Accenture | JP Morgan Chase |
There are many more such big companies that have visited for the placement.
Where are placements better, IIEST or NIT Durgapur?
Having friends in both the institutes, I can say that overall, NIT Durgapur is a better choice among the two. But IIEST is also an excellent institute with national importance.
There are several factors that affect the placement in both the institutes, according to them here are some -
- IIEST is a famous and well-established institute in West Bengal, previously known as BESU. But, considering India, NIT Durgapur is more popular. The NIT tag itself is a highlight.
- NIT Durgapur has several alumni in tech giants across the world. Students from IIEST are currently in IITs and IISc. This is due to their popularity for higher education.
- Companies recruit fewer students from IIEST, as they have a tendency to leave jobs for better opportunities in higher studies.
- NIT Durgapur also has an excellent coding culture. This increases the chances of securing a job.
- Due to the increase in the number of seats at IIEST, the chances of placement are decreasing.
The following table shows important statistics for both institutes:
|
Categories |
IIEST |
NIT Durgapur |
|
Placement Percentage |
80% |
90-100% |
|
Highest CTC |
39 LPA |
33 LPA |
|
Average CTC |
10-15 LPA |
11 LPA |
|
Recruiting Companies |
TCS, Wipro, Wells Fargo, Deutsche Bank, etc. |
IBM, HCL, Infosys, ZS Associates, etc. |
NIT Durgapur is a more legit choice for students interested in placement than IIEST Shibpur.
What is the highest and lowest package of the NIT, Srinagar IT branch?
NIT Srinagar has released the placement report for 2023. The highest package and median package offered during placements in 2023 were INR 36.5 LPA and INR 10.48 LPA, respectively. The average package offered to BTech CSE and BTech IT stood at INR 13.8 LPA and INR 11.6 LPA, respectively while the median package for BTech and MTech courses stood at INR 8.33 LPA and INR 6 LPA, respectively.
The additional statistics of NIT Srinagar placements 2023 have been tabulated below
|
Particulars |
Statistics (2023) |
|
Highest package |
INR 36.5 LPA |
|
Median package |
INR 10.48 LPA |
|
Placement rate |
108.38% |
|
Total number of offers |
724 |
|
Popular recruiters |
TCS, Wipro, Infosys, Cognizant, Reliance |
Overall, the placement scenario of NIT Srinagar is pretty decent.
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