WorldQuant is offering 92L in India at IITs for hiring 21-y/o, which is insane It directly puts a fresh college graduate in the top 0.05% of India by income Explains why Indian parents see IITs as the fastest ticket to social mobility
13 year old Vaibhav Suryavanshi has been placed with Rajasthan Royals at INR 1.1 cr. Parents should encourage kids to become cricketers. Point being an engineer on an average earns more than a cricketer on an average. Taking an example of an outlier is not the best idea.
I beg to differ. Posts like these glorify IITs and fuel the relentless rat race in Indian society. Statistically, this is misleading—only 2-3 out of over 10,000 IIT graduates each year secure such extraordinary packages. Such narratives push middle-class parents to pressure their children into IITs at any cost, often ignoring their actual interests. In today’s world, there are even faster ways to achieve financial success before 21, like content creation and entrepreneurship. IITs are not even a path to social mobility anymore. Apologies, but I’ve noticed several of your posts emphasize IITs/IIMs as the primary path to social mobility. Such narratives, while inspiring for some, are harmful to Indian society as they fuel undue pressure and an unhealthy obsession with these institutions.
In our area roadside Dosawala is actually earning 1L a day.Mind well its from 6PM to 11.30PM
Ask for break-up of salary
₹92L at 21 is incredible—it's not just a number, it's a life-changing opportunity that most can only dream of. It puts someone fresh out of college in the top 0.05% of the country by income—imagine the kind of security and freedom that brings to their family too. But why is being wealthy sometimes looked down upon? Money, when earned through hard work and talent, is empowering—it creates opportunities, not just for the individual but for everyone around them. In a country where financial stability is a lifelong struggle for many, shouldn’t we celebrate those who achieve it, especially when it’s through grit and merit? Success like this should inspire, not be judged.
Heard almost 30% folks in IITs did not get placed this year
These 92 LPA people will also be in the first line of fire if these companies would think about cutting expenses
But parents dont understand this happens to less than 0.05 percent of people .. people becoming richer though lottery and gambling would have more probability
Tanmay Gupta big fan sir
Strategy (ESG, Net Zero, Digitalization), I ERM, Risk Quantification, Financial Modeling, Business Continuity, Internal Audit | Project Risk-Controls I HBR Advisory Council I PGD - LSB I Ex-Accenture, Ex-Alstom, Ex-Cairn
2wIt’s the story of one student .. the remaining students still struggle for the 7 lkhs package