What is the average package offered at the time of placements?And what should be our marks in JEEmain in order to get admission in IIIT-CSE?

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What is the average package offered at the time of placements?And what should be our marks in JEEmain in order to get admission in IIIT-CSE?

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Ritik Ahuja 18th Jun, 2018

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Nitheesh Yennampelly Student Expert 18th Jun, 2018

Hey Ahuja,

Students graduating in CS, from IITs (B.Tech/M.Tech/M.S) typically gets salary packages ranging from 5.5LPA to 26-28LPA INR (for CS profiles). However, the package offered does not mean we get all of it as salary. The total CTC, is a sum of salary, bonus(es) and the value of other perks that are offered. Typically, the salary component is 5LPA to 13LPA, depending on the offer one gets.

For example, a salary package of 22LPA, in real shall be divided as
salary = 12.5L
yearly bonus - 10% of salary = 2.5L
joining bonus = 2L
Stock options = 3L
Other perks (as cash/non-cash benefits) = 2L
(This is a sample, indicative of how division happens. It is not exactly these components)

Hence, if you take average of CTC, it would be around 15-17LPA and if you take average of salary, it could be 9-10LPA.

To further break it down, the range of monthly salary varies roughly between Rs 45,000 to Rs 1,10,000. After taxes, take home salary could be Rs 40,000 to Rs 1,00,000

In case of international offers, the packages offered are typically between USD 90,000 to USD 1,50,000 per annum. Similar division of package applicable here as well.

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