Hyderabad TripleIT continues its trend in the annual salary package of premises recruitments.
The salary package of Gachibowli Triple IT
is Rs.30.30 lakhs,
but IITs do not come down in front of it.
Hyderabad : Hyderabad TripleIT continues its trend in the annual salary package of premises recruitment. In the academic year 2022-23 too, the IITs were ranked first. It is noteworthy that the median salary in TripleIT is much higher than the prestigious IITs Bombay, Delhi and Madras. While the average annual salary for four-year B.Tech students in IITs is Rs.24 lakhs in the academic year 2022-23, it is noteworthy that it is Rs.30.30 lakhs in Gachibowli Triple IT. The Central Education Department has recently released the NIRF rankings… it has included the details of the number of those selected for campus appointments, the salary package, those who have gone to higher education, etc. While 1,463 colleges competed in the engineering department across the country, the center announced the top 100 colleges among them. Among them, ‘Enadu’ examined the annual median wages in premises appointments. Out of 154 passers in the four-year B.Tech at Gachibowli TripleIT, 140 have been selected for campus placements. 70 of them have an annual salary of more than Rs.30.30 lakhs. The remaining 14 went on to higher education. Here it is noteworthy that the median annual salary in 2015-16 was only Rs.16 lakhs. Experts say that since there are only Computer Science and ECE branches in this educational institution, it is coming together in campus recruitments. After Gachibowli TripleIT, IIT Khagarpur stood second with Rs.24 lakhs. Out of that 580 people passed the exam… 460 people got Kolulu. Another 40 have entered higher education. The report did not explain the condition of the remaining 80.
Median Annual Salary is…?
Colleges usually declare the average/average annual salary. If 100 people get measurements…add the total annual salary offered to them and divide by 100 to get the average salary. Experts say that there are flaws in this approach. For example, if one person in a college gets a salary of Rs.40 lakhs and another gets Rs.10 lakhs, the average salary in that college will be Rs.25 lakhs. That means the gap between the highest and the lowest is very wide. Experts feel that this does not reflect the real wage situation. That is why among all the students who got jobs in a college, the salary earned by the middle student is calculated as the median salary. For example, if five students are selected with salaries of Rs.50 lakhs, Rs.20 lakhs, Rs.18 lakhs, Rs.15 lakhs and Rs.5 lakhs respectively… then Rs.18 lakhs will be considered as intermediate. It is clear that the salary of half of those selected for the jobs is above Rs.18 lakhs. If there are six students then the average of the wages of the 3rd and 4th rankers will be determined as the median.
