What is Lateral Placement

[ajain]

Originally Posted by v02

Was just going through this thread and then happened to come across IIM K's site, which says that lateral placement is for those who have above 30 months of experience.http://www.indiaeducation.info/iim/k...placements.htm
Is it the same with other IIMs also, or does the 22 month figure applicable there.

[sssss]

Originally Posted by ajain

[Lampard]

Originally Posted by snan

whts the denomination ur talking about here d00d ??? Paise ??? or Indonesian rupaiya ? ..to put things in perspective, my VP business deve with 20 yrs exp and mba frm IIM C used to get 16 lakhs per annum.....whr dya folks cook up these figures ??

and no i banks dont ask for experience..its def negative if not in a related field...

I second that

I banks need people with enthu -- not software burnouts

and even if u are a fresher, dood dont make the mistake of going in with too high expectations


dont start thinking of dollar sals and I-banks just yet.

just go in with humble expectations and consider it a big bonus if u get something special

waise just a fact

HLL ppo at iima gives 24k in hand
and still HLL is one of the most desired companies.

another small thing D00D


my post is more relevent to someone who is on the way to joining AB or C..........

mu advise to u is just think about the CAT for now.

[rbsshining]

Originally Posted by Lampard

HLL ppo at iima gives 24k in hand
and still HLL is one of the most desired companies.

What are you kidding........24k.....you mean monthly.....you must be joking man.....[/quote]

[Lampard]

Originally Posted by rbsshining

What are you kidding........24k.....you mean monthly.....you must be joking man.....

[/quote]

yeah 24k is the cash u get
one of my seniors is at iim-ahd he had a ppo

total CTC package is arnd 6.5-6.75 lpa

but the give u acco and charge 8-10k for it i guess

but the bottom line is 24k ( after tax and all deductions ) in hand


and if ur ammazed then ask some one about HSBC u'll die of shock.


but in any case thats the start

u can double ur sal within an year.....

[rbsshining]

Hey that is news to me..neways....I think we could probably start a new thread on it...cos...many ppl like me believe it is THE place to start your life----B school....I dunno if everybody is aware of that fact....good thing you pointed out......

[Lampard]

Originally Posted by rbsshining

Hey that is news to me..neways....I think we could probably start a new thread on it...cos...many ppl like me believe it is THE place to start your life----B school....I dunno if everybody is aware of that fact....good thing you pointed out......

There are plenty of threads already addressing this issue.....

[v02]

I have read news stories in ET saying that the top salaries at IIM C was 80 k$ and I also read one story which said that top salary was 115 k $.
Which works out close to 35 - 40 lac p.a..

So what are all you folks talking about???

You must be referring to the lower grades of salaries.
Surely 6 - 6.5 lac p.a is the average salary for an IIM A/B/C grad and not the top salary. So how can you make such generalisations?

The question, which seems to have got lost in all this salary talk about HLL is that who is eligible for the jobs at the I-Banks, freshers or experienced folks.
And surely the I-Bank will pay more than HLL.
Heck even Mckinsey pays 13-14 lakh CTC, so what are you guys talking about.

And surely you can't compare a fresh IIM grad with a 20 year experience guy. Certainly starting salaries 20 yrs back wouldn't have been what they are today.

Could someone please amswer my question?

[v02]

Originally Posted by Lampard

I second that

I banks need people with enthu -- not software burnouts

and even if u are a fresher, dood dont make the mistake of going in with too high expectations


dont start thinking of dollar sals and I-banks just yet.

just go in with humble expectations and consider it a big bonus if u get something special

waise just a fact

HLL ppo at iima gives 24k in hand
and still HLL is one of the most desired companies.

another small thing D00D


my post is more relevent to someone who is on the way to joining AB or C..........

mu advise to u is just think about the CAT for now.

I absolutely dont agree with your point about enthu v/s Software burnouts.
IIMs are very smart and they must certainly be giving a thought to the employability of a person before admitting him.
After all, the IIMs pride themselves on their placement record(foreign placements and the high salaries).
So why is it that they give more weightage to a guy with workex in calling him for GD/PIs after the CAT.

It must be because they believe that the employability of such a person is higher.

[Lampard]

Originally Posted by v02

I have read news stories in ET saying that the top salaries at IIM C was 80 k$ and I also read one story which said that top salary was 115 k $.
Which works out close to 35 - 40 lac p.a..

So what are all you folks talking about???

You must be referring to the lower grades of salaries.
Surely 6 - 6.5 lac p.a is the average salary for an IIM A/B/C grad and not the top salary. So how can you make such generalisations?

The question, which seems to have got lost in all this salary talk about HLL is that who is eligible for the jobs at the I-Banks, freshers or experienced folks.
And surely the I-Bank will pay more than HLL.
Heck even Mckinsey pays 13-14 lakh CTC, so what are you guys talking about.

And surely you can't compare a fresh IIM grad with a 20 year experience guy. Certainly starting salaries 20 yrs back wouldn't have been what they are today.

Could someone please amswer my question?

Dood Simple answer

Lehman picks up 2 students from 300 for $110k
that too japan posting.... (even a dataentry operator earns $50k in japan)

HLL picks up 15 units of junta at 6.5 lpa

Mckinsey pays according to experience y have

2-5 years -- 10-14 lpa (laterals)
0-2 yrs 7-10 lpa



and one advise news papers and magzines just try to encourage the fools ambition.


.