Attractions of faculty jobs at IITs, IIMs, IISERs/NISER, IISc, etc.

IISc Bangalore faculty Prof. Abi has a nice article on this in the IIT Kharagpur student magazine Scholar’s avenue. Following are some excerpts arranged as bullet points.

  • Salary: Going by the present, post-SPC salaries, you’ll start as an assistant professor at Rs. 6 lakhs, at the end of your career, you’ll be at over 12 lakhs.
  • ‘benefits’: allowances (house rent, transport, telephone and internet), social security contributions (pension or provident funds, career-end bonus, etc) and perks (medical insurance, leave travel concession, for example). The value of these benefits could easily exceed 50 percent of the salary.
  • consulting: It can give you the satisfaction of solving some real world problems. It can be a great source of ideas for long term research. Most importantly, it also has the highly desirable property of giving you some extra cash!
  • IIX salary is not only fully protected, it’ll also (a) keep up with inflation, (b) keep rising (through annual increments) and (c) see substantial jumps every decade or so. To sweeten things even more, IITs are planning to introduce incentives to reward extraordinary performance (and I’m sure other IIXs will follow suit).
  • As an IIX faculty member, you’ll enjoy a couple of features that are not available to engineers and managers in industry (in both public and public sectors): two (or even three) months off every summer and a one-year sabbatical leave every seven years.
  • As an IIX faculty member — and this may come as a surprise to you — you’ll also enjoy certain advantages over faculty in US universities. 
    • First, you don’t have to pay your graduate students, the government pays them.
    • More importantly, the same research idea has a far higher probability of getting funded in India than in the US. This means that you’ll spend more of your time on actually doing research, than on writing grant applications seeking that ever-elusive funding.
  • Finally, the autonomy, the choice and the flexibility: As an IIX faculty member, you’ll probably spend 30 to 40 percent of your time in teaching and related activities. The remaining time is yours, and yours alone — nobody tells you how to spend it. You could use it for research (for getting peer recognition), teaching (for your students’ adulation), and consulting (for money, and collaboration with industrial partners). There are other academic pursuits as well: writing books and popular science articles, teaching kids in local schools and colleges, learning about new and emerging fields, etc.

1 comment November 2nd, 2009

The recently announced faculty salary at IISc, IITs, IIMs, IISERs, etc.

Following is an excerpt from a blog entry of Professor Giridhar Madras of IISc Bangalore.

… According to the table, for an assistant professor on contract i.e., with no postdoc experience, it would start at 37,000 + accommodation. A regular assistant professor will get 52,000 + accommodation and will move to 62,000 + accommodation after three years. In addition, they are other benefits. This includes telephone allowance, academic allowances, children education allowance, subsidy for single girl child, leave travel concession for the whole family every year,medical benefits to the family, travel money for attending conferences etc.

In addition, one can get fellowships that vary from Rs 60,000 to Rs 6 lakhs per year from DST/DBT, depending on the fellowships. Faculty can go abroad during the three month vacation every year and get paid in international currency. One can take sabbatical for one year every six years and get paid at both places. In addition, one can earn considerably from consultancy from industry (or even government labs) depending on the area they work in.

The blog has more details and pointers to more details on what the IIXs should do to get a clearer picture out to prospective faculty.

1 comment September 27th, 2009

Ph.D survey – Students’ perspective of doing Ph.D in India

Following is from http://www.cse.iitd.ernet.in/~jalote/misc/phd_surveyIITK-D-B.pdf linked from Prof. Pankaj Jalote’s home page at IIT Delhi.

Based on the above survey, a simple way to build a private top quality university in India is to pay more than twice the amount that is paid to faculty at IITs/IISERs/NISER (starting with 100K/month to assistant professors) and to pay Rs 40K/month to Ph.D students. These Ph.D students may be asked to help in teaching as teaching assistants in US universities do. That way many top undergraduates will pursue Ph.D in this institute and by paying more than twice to the faculty the institution can attract top faculty.  This could be a a data point for Vedanta University.

1 comment June 12th, 2009

Revision of faculty Salary in India – links to various reports

Add comment March 30th, 2009


Calendar

September 2014
M T W T F S S
« Feb    
1234567
891011121314
15161718192021
22232425262728
2930  

Posts by Month

Links

Posts by Category