M.Tech engineers in India have an average annual compensation of INR 22.9 lakhs and most professionals in this field make between INR 16.5 lakhs to 50 lakhs every year. The highest paid M.Tech graduates have the potential to earn up to INR 38 lakhs per year and the maximum pay claim so far has been in the range of INR 50 lakhs or more, particularly in the case of people who have long experience or with specialized skills.
Typical starting salaries to fresh M.Tech graduates is between INR 3 lakh to 4 lakh per year, but it can shoot up to between INR 7-8 lakhs quickly with experience and knowledge. Specialization, employment demand in an industry, and job location factor raise the salary potential considerably, and M.Tech is a rewarding option that engineers should consider pursuing as part of their long-term growth and improved compensation.
M.Tech Engineer Salary after Experience
An engineer who is skilled and qualified with an M.Tech will usually earn a higher salary than one with a B.Tech due to their increased specialization and research abilities. The following table lists average salaries in India for common engineering titles and their experience requirements:
M.Tech Engineer Salary after Different Level of Study
An M.Tech degree has the potential to provide access to higher salaries and more specialized roles than Diploma or B.Tech qualifications. The table below shows the salaries for representative engineering roles in India along with experience requirements and qualifications:
M.Tech Engineer Salary as per Designation
Designation is another big reason affecting compensation levels, with distinct levels of advancement as you move from entry-level engineer to principal or director-level roles. Below is a table of expected designations for M.Tech engineers in India along with experience and salary ranges:
M.Tech Engineer Salary in Some Top Cities
M.Tech engineer salaries can range widely across Indian cities, and metropolitan areas usually tend to pay more partially due to living and market conditions. Here is a city-wise overview of indicative engineering roles and average salaries.
M.Tech Engineer Salary in Abroad Countries
M.Tech engineers are also in demand internationally across technology hubs, manufacturing centres and research and development intensive economies. Below is a sample of salaries in different countries for M.Tech-level engineers (in local currencies):
FAQs
What impact do specialization have on the salary of M.Tech engineers?
Areas of specialization, such as Artificial Intelligence, Data Science, VLSI Design, and Cloud Computing tend to have better starting salaries, even up to INR 7 lakhs to 15 lakhs per year or beyond, compared with other specializations based on the demand of the industry.
Is there a difference in the salaries between government and the private sector jobs of M.Tech engineers?
Yes, there may be a great degree of difference between salaries. They also tend to have higher packages in case of private industry jobs, particularly in the areas of technology and R&D and higher security in case of government sector jobs though these are the jobs which have lower salary packages to begin with. Nevertheless, there are other benefits and allowances that governments may provide.
Does location matter when it comes to the salary of M.Tech engineers?
The salaries are higher in metro cities such as Bangalore, Mumbai, and Delhi NCR, where the salaries vary between INR 40,000 and 1.5 lakhs per month, compared to the case with small cities where the amounts are usually lesser.
Which are the factors that determine the increase of the salary of M.Tech engineers?
Experience, expertise, specialty, reputation of the company, and performance have been the main factors. The salary increases more in upskilled engineers or in any high-demand domain where experienced professionals earn much more as compared to freshers.
Does gender pay gap exist in salary of M.Tech engineers?
The data shows a minor shift as the male M.Tech graduates earn a higher market value of INR 23 lakhs annually whereas the female counterparts earn an average of INR 22 lakhs annually. But the difference is not so big and it can narrow it further with the development of the industry.
