What is the in-hand salary of students who got a 43 LPA job offer on campus placements from IIIT Hyderabad or IIIT Allahabad?

Every company has its own way of breaking down the CTC components. So, CTC and in hand salary aren’t directly correlated.

For example, Microsoft offers a CTC of 44 LPA but the base salary is somewhere around 13-14 LPA. Codenation, on the other hand, offers 33.5 LPA with a base salary of 25+ LPA. 

This doesn’t mean that Microsoft isn’t paying what it offered. Brands like Microsoft, Google, etc. offer lots of perks and employee benefits. These are included in the CTC. On the other hand, startups offer more cash and lesser perks. 

Investment banks like Goldman Sachs or Tower Research also pay a large portion of the promised CTC as in-hand salary. Atlassian offers a CTC of 52 LPA, but the in-hand salary is less than that of Goldman Sachs whose CTC is between 32-35 LPA. 

So the graduates of IIIT Allahabad, IIIT Hyderabad, or any other college will get an in hand salary depending on the recruiting company.