Salaries Of Non-IIT Engineering Graduates


wealthymatters

There are thousands of engineering colleges in India and lakhs of freshly minted graduates pass out of them every year.Obviously this represents a wide variety of engineering talent and not all graduates ,looking for jobs,manage to find one of their choice or earn their dream salary.But even if you don’t make it to the IITs,don’t despair,all is not lost,The lakhpati salaries can be landed even in the non-IIT campuses,as long as you are in the crowd that lands a job.But do remember we are talking CTC.

Following is a list of noteworthy salaries from various non-IIT colleges:

National Institute of Technology (NIT), Warangal-Facebook offered a computer science student an annual salary of $135,000 (approximately 84.6 lakh) during the ongoing placements — a record for the institute. Last year, the highest offer at the institute — at $100,000 (then 60 lakh) — came from Microsoft. This year Microsoft is offering those posted at headquarters a salary of $120,000 (75 lakhs).Google is offering a salary of $100,000 (around 63 lakhs), sweetened by a 15% bonus and 125 company stock units.  Read more of this post

Chetan Bhagat – One Night @ The Call Centre


wealthymattersLast week I joined a new library and this was the first book I checked out. Chetan Bhagat is the biggest selling English language novelist in India’s history and he was featured in Time Magazine’s list of the 100 most influential people in the world in 2010.Fast Company USA numbers him among the 100 most creative people in business. Chetan is today a very successful motivational speaker.After a mechanical Engineering degree from IIT Delhi and an IIM (A) MBA,Chetan worked in Hong Kong as an investment banker with Goldman Sachs and Deutsche Bank.He quit investment banking to start writing to make change happen India.His is believed to be the voice of India’s rising entrepreneurial class.After reading the book I can see why Chetan is India’s paperback king.Do read the book if you get a chance.Till then,here are my takeaways from the book:

“So, to impress you I have to break the same laws of physics I made?”-God

The most important call in the world – The inner call,the little voice inside that wants to talk to you.But you can only hear it when you are at peace. The voice tells you what you really want.It is easy to ignore-because you are distracted or busy or just too comfortable in life.You can ignore it until life brings you to a dead end and there is nothing ahead but a dark hole.Sometimes the voice isn’t subtle,it shouts and bites you. Read more of this post

Goldman Sachs Vs AP Gold Lovers


wealthymattersThese are interesting times for gold investors.On the one hand we have storied names such as Goldman Sachs de-emphasising gold and on the other hand we find reports of avid buying in Andhra Pradesh. Only time will tell if the MBAs or Mango People got things right.

If you are looking for the above mentioned Goldman Sachs report,here it is:Link.Scroll down to page number 74.

Here’s the TOI article about the rush by the AP  middle class to buy gold following a drop in prices.

%d bloggers like this: