45 Views

is mtech better or mba according to income source


harshmirage72 9th Aug, 2020
Answers (2)
nishant sharma 9th Aug, 2020

Hello student ,

I will suggest you to go according to interest as both are specialised degree and have value in their own field .So su ppose if you like business dealing then you should go for MBA or if you are interested in the field of technology , then you should go for M.Tech .

Beside this MBA is good source of income as there are many such successful people. Business fetch us a fortune, not jobs and always add an advantage to the engineers whether it is in the form of experience or in seniority .

Hope it will help you !

Anurag Kumar Dubey 9th Aug, 2020

I would be comparing IIT Kanpur statistics to IIM Ahmedabad, statistics.

The answer is if you are deciding between the two, go for the one you are more interested in, to give you a rough idea of the status, this is with respect to the batch of MTech CSE only, I have not considered any other MTechs, all of which are really low

Statistics

Indian Jobs

Yearly Guaranteed Cash Component, First year guaranteed bonus, First year guaranteed total, and Maximum Total in First Year (M.E.P)

IIT Kanpur
Minimum - 6.0 LPA , 0.0 LPA , 7.5 LPA (M.E.P = 8.0 LPA)
Median - 11 LPA , 2 LPA , 12.5 LPA (M.E.P = 13.5 LPA)
Maximum - 34 LPA , 3 LPA , 36 LPA (M.E.P = 44 LPA)
(The above one was a abberation of our particular year, the numbers more often are like)
Maximum - 16 LPA , 4 LPA , 20 LPA


IIM Ahmedabad
Minimum - 6.0LPA , 0.2LPA , 6.5 LPA (M.E.P = 6.5 LPA)
Median - 13 LPA , 2LPA , 14.5 LPA (M.E.P = 16.8 LPA)
Maximum - 32 LPA , 6LPA , 35.15 LPA (M.E.P = 37 LPA)

According to me IITs have a better package

We have to add the fact that IIMs have an fees of about 20 Lakhs (incl. food and accodmodation), while IIT Kanpur have a fees of about 50,000 once you take stipend into consideration. So considering you would like to pay this off over the next 5 years, you are better off doing an MTech CSE rather than an MBA.

It doesn't matter much , join the program you are more interested in, the variations are minor and your interest will play a larger part in the salary you get.

Top UGC Approved Colleges for Online MBA

Download this ebook and get all details related to the top UGC approved colleges for Online MBA.

Download List Here

Know More About

Related Questions

Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
ISBR Business School PGDM Adm...
Apply
Last Date of Applications- 28th January | 250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 yea...
Chitkara University MBA Admis...
Apply
NAAC A+ Accredited | 100% CAMPUS RECRUITMENT
IFMR Graduate School of Busin...
Apply
FINAL Deadline: 30th January'25 | No more Deadlines | UGC Approved Programs | 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.74 LPA
KR Mangalam University MBA Ad...
Apply
6 Lakh+ CUET Registrations | 500+ Companies Visited for Placement Top Recruiters: Apple Inc., Amazon, IBM, CISCO, Meta, Microsoft, Google
Asia Pacific Institute of Man...
Apply
8.11 LPA-Average Package | 1200+ Recruiters
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books