Annual income of new graduates in India
As of 2022, the average annual income 543,500 in India is reportedly around 387,500. Among them, it has been revealed that the top 5.5% (960 students) of new IIT graduates have received an annual salary offer of 5 million (about 8.4 million yen) from companies that received unofficial job offers through placements. However, this was only the top 5%, with about 11% of students at the top and 40% in the next tier receiving offers worth as much as $1.6 million (about $2.7 million). Others have received annual offers ranging from draft 1 million (about 1.6 million yen) to draft 1.6 million (about 2.7 million yen). Although it is lower than the average annual income of 4.67 million yen in Japan according to a survey by the National Tax Agency, it shows how high the annual income of IIT students is compared with the average annual income in India.
https://www.jobted.in/salary#:~:text=The%20average%20salary%20in%20India,or%20%E2%82%B932%2C840%20per%20month
https://www.nta.go.jp/publication/statistics/kokuzeicho/minkan1997/menu/03.htm
The table below shows the highest and average salary offers for engineers at each IIT school. (2021/2022)
Name of IIT | Highest Salary Offered | Average Salary Offered | Top Recruiters |
IIT Bhubaneswar | 56 LPA | 16.27 LPA |
|
IIT Bhilai | Rs. 31.9 LPA | Rs. 12 LPA |
|
IIT Bombay | Rs. 1.46 Crores | Rs. 17.91 LPA |
|
IIT Delhi | Rs. 2 CPA | 1.25 CPA |
|
IIT Dhanbad | 90LPA | 10LPA |
|
IIT Dharwad | 40 LPA | 9 LPA |
|
IIT Gandhinagar | 40LPA | 8.96 LPA |
|
IIT Goa | 43LPA | 11.6LPA |
|
IIT Guwahati | Rs. 2 Crores (International) Rs. 1.2 Crores (Domestic) | 21.41LPA |
|
IIT Hyderabad | 65 LPA | 23LPA |
|
IIT Indore | 60LPA | 25LPA |
|
IIT Jammu | 40LPA | 12.2LPA |
|
IIT Kanpur | 2.8 CPA | 82LPA |
|
IIT Kharagpur | 24CPA | 14.27LPA |
|
IIT Madras | 70LPA | 20.58LPA |
|
IIT Mandi | 40LPA | 13.4LPA |
|
IIT Palakkad | 31.5LPA | 11.42LPA |
|
IIT Patna | 61.3LPA | 47.9LPA |
|
IIT Roorkee | Rs. 2.15 Crores (International) Rs. 1.30 Crores (Domestic) | – |
|
IIT Ropar | 17.45LPA | 14.56LPA |
|
IIT Tirupati | 40LPA | 11LPA |
|
IIT Varanasi (BHU) | Rs. 2.05 Crores | – |
|
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Annual income of new graduates at Japanese companies
Japanese companies are actively hiring Indian engineers, and new IIT graduates are especially in demand. At some major Japanese companies, the starting salary for new IIT graduates is set at around 5 to 7 million yen per year. This includes adjustments for language and technical skills and positions.
Annual income of new graduates at overseas companies
International companies, especially U.S. technology companies, appreciate IIT graduates. According to reports, starting salaries for new IIT graduates at companies such as Google, Microsoft, and Facebook range from about $100,000 to –$150,000 (about 11 to 16.5 million JPY)per year.
These figures show how highly IIT education is valued at home and abroad. With their varied expertise and skills, IIT graduates receive highly competitive compensation in companies around the world. It’s also a good idea to consider the salary levels of foreign companies when considering IIT student recruitment!
If you are interested in hiring students from the Indian Institutes of Technology(IIT) or foreign engineers, please make inquiries [https://beyond-t.jp/contact]
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