The career prospects after M. Tech Aerospace Engineering are very nice as it is an ever increasing field of work. The major sectors for employment are the Civil Aviation Sector, various government departments, and research organizations like Vikram Sarabhai Space Centre and ISRO (Indian Space Research Organisation). These organizations hire these engineers for the posts of junior engineers. The Hindustan Aeronautics Limited and National Aeronautics Laboratory also hire aerospace engineers as Indian Air Force also does.
The top job profiles are of aerospace design engineer, senior design engineer, project lead, R&D Executive, Research Associate, Software Engineer Aerospace, Aviation Electrical Engineer, Flight Operations Analysis Engineer, Research Scientist, Head, VP and GM R&D.
The top recruiters of aerospace engineers are:
- Hindustan Aeronautics Limited
- Jet Airways
- Spice Jet
- TATA
- Indigo
- Aeronautical Development Agency
- Safran Engineering Services
- Quest
- Honeywell
- Cambata Aviation
M.Tech. Aerospace Engineering: Salary Trends
Salary trend of Aerospace engineer depends on job profile and employment sector or company for which you are working.
The average salary for a Design Engineer varies from 2.5 lacs to 8.4 lacs depending on the work experience while a Senior Design Engineer earns around 4.9 to 8.9 lacs per annum.The second best paying job in the aerospace and aviation industry is that of a Project Lead, the person earns around 9.0 to 12 lacs per annum, reaching this pay scale after 6-9 years of work experience.
Following graph shows the salary trend analysis according to job profiles-
The post of a Head, VP or GM R&D across Aviation/ Aerospace Firms Industry is achieved after much work experience in the relevant field and is the highest paying job for which a person earns around 22 lacs per annum.