146 Views

what is the. median package?


Recommended : Get important details about NHCE Bangalore. Download Brochure
varshashivakumar2k03 24th Sep, 2021
Answer (1)
Chetan Singh 3rd Nov, 2021

Hi

The word "median" literally means the middle, so the term median package (salary) refers to the package that—if you list in numerical order all the packages for every individual placed—falls in the middle of the list of packages. Half the individuals on that list earns less than the median and half earns more. It is not the same as the average package, which is the figure you get when you add all of the packages together and divide it by the number of people placed.


Hope it helps

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

UPES B.Tech Admissions 2026
Apply
Ranked #43 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements
UPES M.Tech Admissions 2026
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
UPES | BBA Admissions 2026
Apply
#36 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
IMT Ghaziabad PGDM Admissions...
Apply
AACSB, NBA & SAQS Accredited | H-CTC 41.55 LPA | Merit Based Scholarship
UPES Online MBA
Apply
Apply for Online MBA from UPES
UPES M.Sc Admissions 2026
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books