Salary Shock: IIT Graduates Struggle to Find Lucrative Jobs
According to reports, the minimum starting salary at several IITs ranges from around ₹6 lakhs to ₹7 lakhs per year.
Despite being considered some of the most prestigious educational institutions in India, the Indian Institutes of Technology (IITs) are facing criticism for the relatively low salaries offered to their graduates. Many students who have spent years studying at these top-tier institutions are finding that their starting salaries are much lower than expected.
According to reports, the minimum starting salary at several IITs ranges from around ₹6 lakhs to ₹7 lakhs per year. Even in top companies, the situation is not much different. This discrepancy between the high expectations and the actual earnings is causing frustration among many students and their parents.
The global economic situation is also playing a role in the lower salary packages offered to IIT graduates. The pandemic has had a significant impact on the job market, and companies are being more cautious about their hiring decisions. As a result, the demand for IIT graduates has decreased, leading to lower salary offers.
While some IIT graduates do secure high-paying jobs, the majority are facing a reality check. The mismatch between the prestige of an IIT degree and the salary it commands is raising questions about the value of such a qualification in today's job market.