From Tier-3 College to 1 Crore Package & 10+ Offers 🔥 Confidence Booster Podcast

Hey guys, In this video, We're going to talk about my friend Aadish's journey and how he cracked the interviews of more than 10 companies.
Being from a tier-3 college student to cracking 10+ companies interview.

0:00 Overview
0:55 About college journey
3:28 What did he do differently from others?
5:50 How did he manage his time?
7:50 Ideal Roadmap for a Tier-3 college Student
9:40 His journey after college
12:45 How did he apply for product based companies?
14:04 How did he prepare for DSA?
17:03 How did he prepare his Resume?
21:50 ShareChat selection procedure
24:22 What do companies ask in their interviews?
26:21 How many companies did he crack?
29:42 How to negotiate a package?

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Hashtags:
#podcast #interview #placement

[aadishgoel]

Thanks for Inviting me, I didn't feel camera pressure at all, It was like just us discussing random things 😂

[Manjunath_pai]

He is from Tier 3 but the efforts he has made is more than tier 1 Also he has shown that he is very chill but such people are the one who puts immense amount of hardwork at backend So Treat him as motivation not as an escape ki hum tier 3 se he chill rehke hum bhi offer reject kar denge.

[riyarai]

We need more tier 3 podcasts these are quality contents

[sachintiwari]

THIS IS MASTERSTROKE INTERVIEW TILL NOW ON YOUTUBE FOR ALL NO MATTER TEIRs. Yeh pehla Banda hai jisne actual path bataya. I feel koi "purana dost" hai Aapne hi gali ka. 🔥🔥

[Positron]

Aadish’s journey from tier 3 to his new job is phenomenal 🔥

[urbanmaker]

Literally adish share lot of information and hacks to get a job ... Anuj bhiya. Please make more podcast like this . Thank you ❣️❤️

[prabhakardas]

Confidence booster for every tier 3 clg student ❤️

[jaidmulla]

Kya banda hai!!!
Bohot inspire huye
Bring more podcasts like these

[orio]

The last moment hack was literally a great help for tier 3 students

[dherya__rakho]

My learning from this podcast:- "Mai girunga toh wahi girunga, mera below set hai"!!

[vikramvaishnav]

I have watched few Podcasts like this but this is one of the best unfiltered, raw, and actual practical one. Kudos to Anuj Bhaiya. I request you to bring more such podcast

[rajivkumar-ubuj]

Since most of you do not know, The actual CTC is the 2nd year CTC and this is important because if you make a switch / look for a new job, then this actual CTC is used to consider for new offer. The high CTC is not taken into consideration…
Let’s say at Microsoft your quoted CTC is Rs 39, 40, 000 (~39.4 lakhs).

Base Salary: Rs 12, 00, 000 which is further divided into two components:

Basic salary and flexible Base Plan (FBP)
Basic: Rs 4, 72, 000 and FBP: Rs 5, 28, 000

Joining bonus of Rs 3, 00, 000 (Rs 1, 50, 000 in the first month and Rs 1, 50, 000 after 1st year)
Stock Award: $30, 000 (given over 4 years) ~ Rs 22, 00, 000-23, 00, 000

Relocation bonus: Rs 1, 00, 000 (given if you are coming from another city)
Note: This is not included in CTC so this is extra as you will get this only if you claim it.

Performance bonus: Rs 2, 40, 000 (20% of Base salary)
Note: 20% is the maximum if your company (Microsoft in this case) hits its overall goal. It can be less than 20% and even 0%. So, it varies.

There are other components where you can get extra money provided you claim those. These are not included in CTC. These include:

Medical expenses (Within a given limit)
Travel expenses
and others.

Therefore, the following components are added to arrive at the final CTC

Base Salary: Rs 12, 00, 000
Joining bonus: Rs 3, 00, 000
Stock Award: Rs 22, 00, 000
Performance bonus: Rs 2, 40, 000
This gives the CTC as Rs 39, 40, 000.

The following components are one-time that is these components are not considered in the CTC of your 2nd year at Microsoft. So, the 2nd year CTC is always less than the 1st year CTC:

Joining bonus: Rs 3, 00, 000
Stock Award: Rs 22, 00, 000
Therefore, your 2nd year CTC will be Rs 14, 40, 000..

In New tax regime, you cannot do tax saving.
In Old tax regime, you can do tax saving like in Fixed deposit, Interest in loans and much more. This is useful only if you have to pay a large amount of interest for loans like education loan, house loan and others.
Let us calculate the minimum salary:

You are doing no tax saving and are in New tax regime.
You did not receive any bonus (0%).
Then, you get the base salary of Rs 12, 00, 000 only. On this, you pay tax of 20%.

Tax = 2.5 * 0.05 + 2.5 * 0.1 + 2.5 * 0.15 + 2 * 0.2 = 1.15

So, you pay Rs 1.15 lakhs in salary. Your in-hand salary is Rs 10.85 lakhs. So, your monthly in-hand salary is Rs 90, 417.

Let us calculate maximum salary:

Let us assume you do tax saving investments and are in Old tax regime. If you have loan and give interests, you can save tax on the interest up to FBP.
So, you have to pay tax on Basic salary of Rs 4, 72, 000.

Tax = 2.22 * 0.05 = Rs 11, 100

You get the performance bonus of Rs 2, 40, 000 and tax is deducted on it. So, in-hand bonus is Rs 2, 28, 000.

So, in-hand salary is Rs 11, 88, 900 per year and it is Rs 99, 000.

Therefore, your in-hand monthly salary range from Rs 90, 417 to Rs 99, 000.

Your 2nd year CTC / actual CTC will be Rs 14, 40, 000 per year and not Rs 33, 40, 000 per year.

Note -You’ll be getting stocks worth 22 lakhs but you’ll have to pay 30% tax +10 % long term capital gains tax on them and if you leave the company in between the unvested stocks will be forfeited
It’s great to get into these product based companies ( better than service based ones ) but you should be knowing all these things

[chandraveersingh]

For a second I thought their are Anuj Bhaiya!

[bikramjeetsarmah]

Bring some tier 3 BCA college student please 🥺, it will be a great motivation for most of them specifically for the BCA students.

[shadababedin]

The last 2-3 minutes are the golden rules of corporate life.

[codictive]

Shyad aisi 100 stories dekhi hogi abhi tak but first tym itna inspire hua hu abhi meri lyf ka vo rejections wala phase jab aata baut kuch but still facing rejections but still aadish and anuj bhaiya ki iss video se hi motivation aayi baut zyada

[VickTechPro]

This was so far the most informative video on your channel. Loved watching every bit of it.

It would really be great if you consider questions regarding self taught developers with no cs background because we people are also giving our best to compete with cs grads, leaving no stones unturned.

[expireyt]

Bhaiya koi BCA Student Jo top product base company me hai unka podcast banao 🥺❤️

[thisisrohan]

This what we call when you love your work you can do anything. Tumhe company ke pass nahi company khud ayengi. Love your work guys whatever you do

[relaxmilkyway]

I generally do not watch podcast videos but this was something intersting so i watched it, and it gave me confidence to study dsa and algo even though i am in my 4th year and planing for higher studies