How much is the engineering fees in India?
Currently, I am a second year student at IIT Kanpur, and unfortunately among those who joined IIT after the humongous fee hike last year, which was approved by MHRD.So, my fees here including all expenses is approximately, 2.5 lacs per year. Now this is because I am a general category student with parental income more than 5lpa. For students with parental income less than that, the fees is around 1.2 Lacs per year.And there is no tution fee for SC/ST students irrespective of their parental annual income. They pay almost nothing. So if you find a guy from IIT with an iphone, you cannot ignore the possibility of him being from the SC/ST category :P (Just giving an example based on my observation, not being judgemental/no offence intended)Now, talking about NITs, the fees their for general students is around 1.2 lpa including everything.Now talking about the private institutes like BITS Pilani. The fees as BITS Pilani as told by my friends there, is around 3.5–4 lacs per annum for everyone and increases by a particular amount every year. Remaining private colleges have different fees depending upon different things.Hope that helps :)PS: Please stop saying that all students of IIT are studying with the help of tax-payer’s money. Atleast we general category students are not. We are paying around 10 Lacs (from 2016 onwards) for our studies as a whole and that is more than the fees of many reputed private colleges of the country.Edit 1 : As pointed out in the comment by Dipak Sir, the fees of NITs, for a general category student from 2017 onward is approximately 1.7 lpa including all expenses. Thanks for the update Sir :)
Can I study abroad with a budget of 4-5 lakh rupees?
Thanks for A2A.Often students aspiring to study abroad face with the problem of funds. The minimum budget required for international education often surpasses the maximum funds available with the students, thereby disturbing the ratio. As per your question, the mentioned budget is low as per the requirements of international education. This is so because there are various unseen expenses that come your way and drain the resources.However, one need not worry as there are ways to manage expenses and supplement the monetary issues. To name a few, there are countries that provide education free or low cost:For instance, Germany charges no tuition fees and also promotes part-time job.Countries like the UK, Canada also provide scholarships that one can use in tuition fees or living expenses.Public Universities in Italy charge fairly low cost and makes education in lower budget possible.Read here about the other most affordable countries to study abroad: Study Abroad: Here Are The Most Affordable CountriesThis aspect controls the budget greatly and helps students live their dreams in a low budget. Also, there are some private scholarships available too that make this possible to a great extent. Besides this, the student should learn to manage his expenses to avoid unnecessary expenditure. Make a strict budget and follow that and also learn to survive in the changed environment and behave like locals! Read here about the ways to fund abroad studies: How to afford your abroad studies?To know how to apply for education loans, read here: How to get a loan for the abroad studiesStudying abroad in the low budget is not impossible. It may be difficult but proper planning can make things possible.All the Best!
How much has your salary increased from your first job to today?
June 2014 : 5 lpaNov 2015 - Present : 13.5 lpaI completed my graduation from VIT University in Computer Science stream . When I joined the college, I never really thought of the salary or the company I want to join. All I knew at that time was that there was 100% placements at VIT. So I was happy and carefree for the first 2 years. But as soon as I reached my 3rd year, I became a little serious about this stuff and gradually became more aware of the companies and their packages that came for recruitment. Finally the 4th year started with a bang. There were companies like Flipkart, eBay which came in the 1st week itself and their packages were more than 10 lpa. I couldn't get selected in those companies. A couple of months passed by and even after making to the final of 2–3 companies , I couldn't get selected. By October the companies which were coming were paying 4–6 lpa.In the first week of October I got selected in a startup and the salary was 5 lpa with a joining bonus of 50K. I cannot even describe that feeling. Though the package was less than I had anticipated earlier, I was happy to finally get a job offer. So finally I joined in December 2013 for internship in the same company at 15 k per month. In June 2014, they converted me full time and I was drawing somewhere near 37 k.Then came the appraisal season. The condition of the company was really bleak and it was going thorough a resource crunch. When I asked my seniors in the company about the hike, I was shocked to know that last year there was no hike for any employee. When my manager called me in his office for appraisal discussion, I went in with little hopes. To my surprise he told me that my package has been increased to 8.3 lpa. That was unbelievable for me. Though I was pretty hard working and sincere in my work, I never expected this much of a hike. The primary reason for this hike was that already a lot of employees had left the company. So the company wanted to retain the remaining employees.Till then I was working as a Java developer. But I had interest in Android programming. So around August I started to look for a job in Android development. After spending 1 month for interview preparation and giving the interview of 4 companies, I had offer from 2 well funded start-ups. One of them was offering me 15 lpa and the other 13.5 lpa + 1 lac joining bonus. I decided to go with the latter after my assessment of both the companies.
How can a fresher of CSE stream get a job with a package of 8-10 lakhs per annum ?
You are going to your under-graduation. Congrats. I study in VIZAG,India. I am in first year of my under-graduation. Recently TCS,Wipro came to our university to recruit. Many students got placed in the campus interviews. But do you know about the salary package they got ?It's 3 lac per annum. How sad?Coming to the point. You are saying you are good at Java and web development. But it's not enough for a fresher to get 10 lakhs per annum.You should have good speaking skills. I recommend you to learn Git,command Line,Python,Ruby.Be a master in HTML5,CSS3,JavaScript and Bootstrap.Don't learn these skills for getting a job. Learn them for yourself. Then you can directly attend the interviews with confidence. Many companies are there out which just looks at skills rather than GPA. My request is join a small company and work there for atleast Two years. There you will learn the real passion for work. You will learn many things. Hope this helps #iamsrithan