Salaries Of Non-IIT Engineering Graduates

September 24, 2013 Leave a comment

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

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Alok Kejriwal On Marwari Business Traits

July 30, 2012 4 Comments

The Marwaris are so successful at business,so it makes sense to learn from them.In the article below Alok Kejriwal of contests2win.com writes about what he learnt from his family business.

The Seven Subjects I learnt at Marwari Business School (MBS)

On the last day of my ICSE exam (10^th standard finals), my Nani (Grand mother) offered me a free seat into the Marwari Business School. I was 16 and I had the opportunity to go and sit in my Nana’s (Grand father) office.

I took up the offer.

These are the seven subjects I learnt:

M = Monetization Mentality

Monetization above everything else!

For Marwari’s, money pretty much means everything. It’s the ‘currency’ of success – pun intended. People are sized and measured not by their waist sizes but by the width of their balance sheet. A Marwari’s religion is making money and they meditate on it.

What Monetization and its terms means is also unique for Marwari’s.

For instance, I learnt that Revenue was not what you ‘bill’ or ‘pass-thru’ or ‘recognize’. Revenue was always what you ‘net-net’ earned that came in your coffers.

Revenue is bottom line for a Marwari – not top line. Read more of this post