Indian Institute of Science (IISc), Bangalore

Why IISc?

Academic freedom

Generous startup grants

Research grants easier to obtain

Full support for PhD students

World-class research facilities

Vibrant interdisciplinary ecosystem

Impetus for research in areas of national and societal relevance

Nation’s best and brightest students recruited through rigorous exams

Why IISc?

No. 1 ranked Indian Institution

Institute of Eminence

◦ Rs. 1000 crore additional funding over 5 years

◦ Hiring foreign faculty and students

◦ More money for postdocs and visitors

◦ More money for conference travel, publication

charges, etc.

◦ More money for Departments to maintain labs

◦ Hiring facility managers

Industry Outreach & Entrepreneurship

Industry R&D

Consultancy

Patents & technology

licensing

Start-ups & technology incubation

Facilitated by the Society for Innovation

& Development

Over 550 R&D projects with 200

companies

Facilitated by Centre for Scientific & Industrial Consultancy (CSIC)

100+ consultancy projects annually

Facilitated by SID’s entrepreneurship cell

16 deep science start-ups in the last 4 years; many of them by faculty members

Facilitated by the IP & Technology

Licensing Office

700+ patents filed by faculty members

Salary Structure (monthly) - IIScAsst. Professor Assoc. Professor Professor

Requirement PhD with atleast 3 yrsof post-doc

Min. 3 yrs at Asst. Prof. level

Min. 3 yrs. at Assoc. Prof. level

Status Part of regular faculty cadre (tenure-track)

Tenured Tenured

Basic Pay 101500 139600 159100

Dearness Allowance (12% of Basic Pay)

12180 16752 19092

House Rent Allowance (24% of Basic Pay)

24360 33504 38184

Other Allowances (TA) 7200 7200 7200

Dearness allowance on TA (12%)

864 864 864

Total (Rs.) 146104 197920 224440

Comparison to US salaries (monthly)

Assistant Professor salary in India (HRA/Market

rent): Rs. 146104

In US$ (Rs. 65=$1):

$2248

In PPP US$ (Rs. 18=$1):

$8117

Assistant Professor Salary in the US: $5784#

Associate Professor Salary in the US: $6594#

Full Professor Salary in the US: $8259#

Associate Professor Salary in India (HRA/Market

rent): Rs. 197920

In US$ (Rs. 65=$1):

$3045

In PPP US$ (Rs. 18=$1):

$10996

Full Professor salary in India (HRA; 10 years):

Rs. 224440

In US$ (Rs. 65=$1):

$3453

In PPP US$ (Rs. 18=$1):

$12469

Assumes best case scenario (summer salary at same level as the 9 month salary)Additional advantage in IISc: Zero/minimal commute

#Data – average salaries in science & engg streams, 2017-18, Tenured/tenure-track faculty salaries survey by CUPA-HR. Source: higheredjobs.com.

Berkeley, CA Austin, Texas Boston, MA

Consumer Prices ↑50.52% ↑41.16% ↑58.93%

Consumer Prices including rent↑87.17% ↑59.60% ↑90.38%

Rent Prices ↑210.83% ↑121.83% ↑196.48%

Restaurant Prices ↑78.73% ↑75.77% ↑83.02%

Groceries Prices ↑45.29% ↑37.53% ↑61.80%

Local Purchasing Power ↑10.19% ↑23.12% ↑11.62%

Cost of Living – Comparison with Bangalore, India(adjusted for PPP)

Source: https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=India&country2=United+StatesData taken on 11.06.2019

Dil Maange More!

Children Education Allowance: Rs. 3,000 p.m.

Telephone/Internet charges reimbursement: Rs. 1,000 p.m.

Leave Travel Concession (monetized; 10 days EL): Rs. 3,000 p.m.

Bhatnagar Prize/Fellow of 2 Academies: Rs. 15,000 p.m. (till 65)

Ramanna Fellowship: Rs. 5,000 p.m. (5 years)

JC Bose Fellowship: Rs. 25,000 p.m.

Swarnajayanti Fellowship: Rs. 25,000 p.m. (5 years)

Wellcome Trust, Ramanujan, Ramalingaswamy, etc.

Even More!

Consultancy for industries:

o Can earn significant amounts of money (if you are interested)

o Shared between Institute and faculty member (30:70)

Professional Development Allowance: Rs. 1 lakh per year

o For conferences (national and international), buying books,

other contingent expenses (likely to go up soon)

Generous start-up grant provided

Very reasonable income tax rates

Enhanced Grants for International Travel &

Short-term Visits

• Funding available for up to 300 faculty members per year under an SID grant as part of the IoE matching grant initiative

• Funds from private sources (alumni, philanthropists):

• Tata Trusts Grants (2019-20):

• Attending international conferences: Upto 60 faculty members + 60 students. Each faculty member/student can avail up to Rs. 2 lakhs.

• Short-term international visits by faculty members: Support for IISc faculty members to spend 2 months in a collaborating lab or university abroad, to carry out joint projects, co-advise PhD scholars or explore other collaborations. Grant per faculty: ~Rs. 7 lakhs. Up to 12 faculty memberswill be supported.

Incentives: Endowed Positions Aim: 60 (10 in each division)

For new recruits, young assistant professors

19 already set up (Infosys Foundation, Pratiksha Trust, Kiran Shaw, Adventz Finance, N Lakshmi Narayanan)

Rs. 25000 p.m. top up + 3 lakhs p.a. research grant

Young Investigator

positions

Aim: 20

For Associate Professors

4 already set up (DRDO, Satya Nadham Atluri, Mindtree)

Rs. 50000 p.m. top up + Rs. 6 lakhs p.a. research grant

Mid-career Chair

Professorships

Aim: 10

For Professors

3 already set up (Tata Trusts)

4 crore endowment: Rs. 1 lakh p.m. top up + Rs. 10 lakh p.a. research grant

3 crore endowment: 75000 p.m. top up + Rs. 8 lakhs p.a. research grant

Senior Chair Professorships

Apply Online at:

bit.ly/iiscfaculty2019

More information at:

iisc.ac.in/about/faculty-corner/how-to-apply/