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Is being an engineer worth it in India?

Posted on August 21, 2022 by Author

Is being an engineer worth it in India?

Yes, engineering is still a good career option in India – provided the individual is having a strong desire to accomplish that. We have seen bad performers from good colleges, and we have also seen good performers from not so good colleges.

Do engineers make good money in India?

Engineering jobs usually pay well. Of course, the ones in demand will be the ones that provide a higher pay package. Petroleum Engineering, Computer Engineering, and Aerospace Engineering are the ones with the highest pay package in India as of now.

How much is an engineer worth?

According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $91,010 and the engineering field projects to have employment growth of nearly 140,000 new jobs over the next decade. The bottom line: it is well worth the time and effort it takes to become an engineer.

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Is engineering worth in 2021?

Engineering requires a lot of hard work, and it takes almost more than half of your day every day but ends up giving absolutely nothing in return which is the main reason why one must not choose Engineering as a career option.

What is salary of IIT?

Package of students in top IITs usually ranges from Rs 10-20 lakh per annum whereas, for other IITs, it is between Rs 5-10 lakh per annum. The highest salary package offered in the top IITs is usually above Rs 1 crore whereas, in other IITs, the annual CTC lies between Rs 30-70 lakh.

Which engineering has highest salary in India?

Top 10 highest paying engineering jobs in India for 2021

  • Computer science and engineering.
  • Petroleum engineering.
  • Electrical engineering.
  • Nuclear engineering:
  • Mechanical engineering.
  • Aerospace engineering.
  • Civil engineering.
  • Electronics and communication engineering.

Is engineering good for future in India?

Engineers from India are recruited and offered jobs all over the world. Engineering is more than just a degree, it is a gateway to numerous opportunities and a successful future. According to studies, more than 47\% of the Indians pursue a career in engineering and this field also has the highest employability rates.

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What is the economic value of Engineering in India?

In the Indian labour market, a professional degree like engineering, which is more focused on empirical ability than arts and humanities, has higher “perceived” economic returns.

How much does it cost to become an engineer in India?

In retrospection, Malik says “not much”, as he explains the economics: “Engineering education costs around Rs 60,000 per year; a BA costs Rs 4,000-10,000. So you are spending four years, and around Rs 2.4 lakhs to get a BTech degree.

Which engineering field has the lowest salary package in India?

Particularly in India, private companies offer jobs where the lowest package is between 5 lakh and 7 lakh per annum. Nuclear engineering fascinates those who have a genuine interest in Physics. Another promising field in engineering that could intrigue you with a wide range of job opportunities.

What is the salary of a data engineer in India?

A mid-career Data Engineer with 5-9 years of experience earns an average total compensation of ₹1,270,652 based on 286 salaries. An experienced Data Engineer with 10-19 years of experience earns an average total compensation of ₹1,674,099 based on 67 salaries.

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