According to NIRF data, the average starting salary for engineering graduates in India increased by 30 percent over the last five years.
Mumbai: The average starting monthly salary of an engineer in India has increased by 30% over the last five years. It was Rs.25,000 in 2016-’17 and went up to Rs.33,000 in 2020-’21 showed an explicit Indian Express analysis of the National Institute Ranking Framework (NIRF) reports. The gap between entry-level engineers saw a 60% increase, from Rs 9.5 lakh to Rs. 15 lakhs per year – in the same period (from 2016-’17 to 2020-’21), the Indian Express reported.
As per the NIRF data, engineering graduates received an annual salary of Rs 3.02 lakh in 2016-’17, Rs 3.19 lakh (2017-’18), Rs 3.4 lakh (2018-’19), Rs 3.75 lakh (2019-’20), and Rs 3.98 lakh in 2020-’21.
Each year, engineering institutions that participate in the NIRF report provide information on the median salary of undergraduate and graduate students who have obtained employment through college internships over the past three years. It is one of the components of the ranking, which obtained 25 points out of a total of 500 points. The latest Engineer Ranking Report, released last week, is based on responses from 1,181 institutions.
However, the employability of engineering graduates remains a key concern. In 2020-21, only 3.41 lakh UG engineering graduates managed to secure a place on campus, compared to 3.96 lakh in 2019-2020, according to the latest available data from the All India Council Technical Education (AICTE). .
Employers often cite the quality of engineering education as the reason. A recent student assessment survey, also conducted by AICTE, found this: first-year students in major engineering majors struggle more with math than any other core subject, engineering students civil, electronics and communication students, mechanical engineering students, electrical engineering students, and computer science students with 37.48%, 38.9%, 39.48%, 40.02% and 40.12% respectively.
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