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M.Tech Salary in India 2024

M.Tech Salary in India 2024

We will look into various aspects, including the overall salary prospects for M.Tech. graduates across the nation. Discover how different specializations impact salary scales and explore the salary differentials among companies in both the private and public sectors. 

Table of Contents

What is the Salary of M.Tech. Graduates in India?

M.Tech. graduates in India can earn a good salary depending on the roles and the job location. They can expect to earn from INR 5 lakhs to INR 15 lakhs per annum. Here is more detailed information about the salary in the table below. 

Salary CategorySalary Range (INR)
Average M.Tech. SalaryApproximately 6,50,000 per annum
Highest M.Tech. SalaryUp to 20,00,000 per annum
Lowest M.Tech. SalaryStarting at 3,00,000 per annum

These figures offer insights into the salary prospects for M.Tech. graduates in India, highlighting the typical earnings and the range that shows the highest and lowest salary brackets within this domain.

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Specialization-Based Salary for M.Tech. Graduates in India

The table below has a detailed description of the salaries of M.Tech. specializations in India:

SpecializationAverage Base Salary (INR per annum)
Civil Engineering3,50,000–6,00,000
Computer Science & Engineering4,00,000–10,00,000
Electronics & Communication Engineering3,00,000–6,00,000
Mechanical Engineering2,00,000–3,00,000
Electrical Engineering1,50,000–2,50,000

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Company-Wise Salary of M.Tech. Graduates in India

M.Tech. graduates can get jobs in both the private and public sectors. The below table tells about the top recruiters and the average salary they offer. 

Private Sector

Various private companies hire the M.Tech. graduates. Some of the top recruiters, along with their annual salary packages, are mentioned in the following table.  

Top RecruitersSalary After M.Tech.
Google INR 18,00,000 Per Annum
InfosysINR 3,50,000 per Annum
AmazonINR 15,00,000 Per Annum
Goldman SachsINR 6,72000 Per Annum

Public Sector

Here is the list of top public companies that hire graduates from masters of technology, along with their average annual salary. 

Top RecruitersSalary After M.Tech.
Bharat Heavy Electricals Limited (BHEL)INR 7,00,000 Per Annum
Indian Space Research Organisation (ISRO)INR 8,00,000 Per Annum
Defence Research and Development Organisation (DRDO)INR 9,00,000 Per Annum

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Job Title Wise Salary

The table shows the average annual salary for various job roles after pursuing an M.Tech. in India. These salaries are per the famous career sites such as Glassdoor, Ambition Box, etc. 

Job TitleAverage Annual Salary
Software Developer INR 6,20,000
System EngineerINR 9,19,000
Network AdministratorINR 6,66,710
Software TesterINR 5,23,112
Technology AnalystINR 7,15,100

Top Recruiters of M.Tech. Graduates in India

Some of the top companies recruiting M.Tech. graduates are listed below:

  • IT Giants: Google, Microsoft, Amazon, Apple, Adobe, Samsung, Infosys, TCS, Wipro, HCL Technologies, Tech Mahindra, etc.
  • Consulting Firms: Accenture, Capgemini, Deloitte, EY, KPMG, PwC, etc.
  • Investment Banks: Goldman Sachs, JP Morgan, Morgan Stanley, Bank of America, etc.
  • Core Engineering Companies: Larsen & Toubro, Tata Steel, Reliance Industries, NTPC, BHEL, etc.
  •  Research and Development Organizations: DRDO, ISRO, BARC, CSIR, etc.

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What is the average starting salary for an M.Tech. graduate in India?

The average starting salary for M.Tech. graduates in India can vary widely depending on their specialization, the institute from which they have graduated, and the city of employment. On average, starting salaries can range anywhere from INR 5 lakhs to INR 12 lakhs per annum.

How does specialization affect the salary of an M.Tech. graduate?

Specialization plays a significant role in determining salary. Fields such as computer science, artificial intelligence, and data science often offer higher salaries due to the high demand in the tech industry. Other specializations, such as structural engineering or thermal engineering, may have different salary scales based on industry demands.

Do M.Tech. graduates get paid more than B.Tech. graduates?

Generally, M.Tech. graduates can expect higher starting salaries than B.Tech. graduates because of their advanced qualifications and specialized knowledge. However, the actual difference in salary may depend on various factors, including the job role, industry, and relevant experience.

Which cities in India offer the highest salaries for M.Tech. graduates?

Metropolitan cities like Bangalore, Mumbai, Pune, Hyderabad, and Delhi NCR are known to offer higher salaries to M.Tech. graduates due to the presence of numerous multinational companies and startups that have a high demand for specialized technical skills.

Can M.Tech. graduates from IITs and NITs expect better salaries than those from other institutions?

Yes, typically, M.Tech. graduates from premier institutes like IITs and NITs are offered better salary packages compared to their counterparts from other institutions. This is due to the reputed educational standards, robust alumni networks, and better campus placement drives conducted by these institutes.

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About the Author

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Atif Khan, a seasoned Senior UI Developer with 7+ years of experience, excels in crafting captivating digital experiences. He is proficient in HTML, CSS, and JavaScript, and he transforms complex requirements into user-friendly interfaces while staying updated with industry trends to deliver innovative solutions.