2005 salaries at top b schools

[jayz]

Big pay pack for top B-schools products: ASSOCHAM 4/14/2005 12:02:36 PM IST


According to ASSOCHAM Eco Pulse (AEP) Study the average domestic salary package offered to the graduates of India’s leading Business schools increased year on year by 10% , with Symbiosis Institute of Business Management , Pune getting 21% higher salary package followed by IIM Indore with 20% raise for its class of 2005.

Mahendra K. Sanghi, President, ASSOCHAM, said, “Big pay packets means even bigger pockets of corporates which is a good signal for the economy too. The rise in the international salaries offered reaffirms the faith the foreign multinational have in Indian B-schools."

The IIM Ahmedabad saw a pay hike of only 12% against 20% of IIM Indore and 15% at IIM Kozhikode. In fact, IIM Bangalore and IIM Calcutta also scored over IIMA.

JamnaLal Bajaj and XLRI Jamshedpur managed a hike of only 3.22% and 3.64% respectively in placement season this year. The highest salary received to XLRI graduate was Rs12lakh and it was Rs9.35lakh in case of JamnaLal Institute.

Indian Institute of Ahmedabad, Indian Institute of Indore, Indian Institute of Kozikhode, Faculty of Management Studies Delhi, XLRI Jamshedpur, JamnaLal Bajaj Institute of Management Studies, IIT School of Management Bombay, SP Jain Institute of Management and Research, Symbiosis Institute of Business Management,Pune and IMT Ghaziabad are the ten institutes tracked by ASSOCHAM Eco Pulse.

The highest growth is shown by Symbiosis Institute of Business Management with 21% increase in the average salary received from the last year. The average salary received was Rs5.75lakh, one lakh more than that received in 2004. The highest domestic salary offered was Rs9 lakh as against a handsome US$100,000 per annum international salary.

IIM Indore is next in the race with 20% rise in the average salary package offered as compared to 2004. The average salary package received was Rs7.9lakh in 2005 as against Rs6.65lakh in 2004. The highest domestic salary received was Rs12.5lakh from the IT sector.

IT School of Management received Rs11lakh as the highest domestic salary this year with an average salary of Rs7.43lakh as against Rs.6.33 lakh last year, a growth of 17%.

Faculty of Management Studies (FMS) received an average salary of Rs8.1lakh this year as against Rs7.04lakh last year showing a growth of 15%. The highest salary offered was Rs13 lakh.

he growth figure in terms of average salary offered to IIM Kozkhikode graduates is 15 per cent. The highest domestic salary of Rs10.15lakh was received from Consulting, one of the fast growing sector. The highest annual international salary offered to IIMK graduate was US$85,000.

IMT Ghaziabad saw a 10% rise in the average salary package with Rs6.5lakh average salary offered this year as against Rs5.92lakh received last year.

As many as 29 per cent of the graduates from these schools opted for Banking and Finance, while 25 per cent of them went in for a career in Information Technology.

Marketing, especially in the Fast Moving Goods (FMCG) sector, also found favour with a large number of young managers with 17 per cent of fresh managers opting for it.

Consultancy is another area gaining ground day by day. It accounted for 13 per cent of the future's industry leaders. As many as 16 per cent of the fresh graduates accepted offers for general management and other fields including telecom, pharmaceuticals, healthcare and HR.

The Associated Chambers of Commerce and Industry (ASSOCHAM) tracked ten institutes for its study. These were IIM, Ahmedabad, Indian Institute of Indore, Indian Institute of Khozikode, Faculty of Management Studies, Delhi, XLRI, Jamshedpur, Jamnalal Bajaj Institute of Management Studies, IIT School of Management Bombay, SP Jain Institute of Management and Research, Symbiosis Institute of Business Management and IMT Ghaziabad.

The maximum placement in Banking and Finance Services sector is an indication of the rise in the services sector, which is growing at the rate of nine per cent.

Fifty-one per cent of the 2005 batch of the Indian Institute of Management, Ahmedabad got placements in Banking and financial services sector and 20 per cent of them went in leading consultancy firms. IT and FMCG sector each grabbed 15 per cent of students.

Jamunalal Bajaj Institute again had maximum 47 per cent of pass outs going in for Banking and Finance sector. IT and Systems cornered 22 per cent of them.

XLRI, Jamshedpur also gave maximum number (31 per cent) of its products to these sectors.

The study found that Banking, Finance, specifically insurance, were the most attractive job creators with astonishing 45 per cent growth in a year, while Consulting came next with 44 per cent.

[rajsher]

i sincerely hope that this thread shud not start another round of alegations and counter allegations.

go thru these threads, ideally the aboe post shud hv been on any of these threads....it wud hav been better for the junta to c thru all the aspects of the b-schools includings salaries, on the same thread

http://www.pagalguy.com/cat/showthre...ries+b-schools (Interesting article about Placements 2005)

http://www.pagalguy.com/cat/showthre...ries+b-schools (The REAL salaries in B-schools)

http://www.pagalguy.com/cat/showthre...ries+b-schools (thruth about MBA salaries)

http://www.pagalguy.com/cat/showthre...ries+b-schools (magazine rankings 2004 out)

[rajadiintl]

Originally Posted by jayz

Big pay pack for top B-schools products: ASSOCHAM 4/14/2005 12:02:36 PM IST


According to ASSOCHAM Eco Pulse (AEP) Study the average domestic salary package offered to the graduates of India’s leading Business schools increased year on year by 10% , with Symbiosis Institute of Business Management , Pune getting 21% higher salary package followed by IIM Indore with 20% raise for its class of 2005.

Mahendra K. Sanghi, President, ASSOCHAM, said, “Big pay packets means even bigger pockets of corporates which is a good signal for the economy too. The rise in the international salaries offered reaffirms the faith the foreign multinational have in Indian B-schools."

The IIM Ahmedabad saw a pay hike of only 12% against 20% of IIM Indore and 15% at IIM Kozhikode. In fact, IIM Bangalore and IIM Calcutta also scored over IIMA.

JamnaLal Bajaj and XLRI Jamshedpur managed a hike of only 3.22% and 3.64% respectively in placement season this year. The highest salary received to XLRI graduate was Rs12lakh and it was Rs9.35lakh in case of JamnaLal Institute.

Indian Institute of Ahmedabad, Indian Institute of Indore, Indian Institute of Kozikhode, Faculty of Management Studies Delhi, XLRI Jamshedpur, JamnaLal Bajaj Institute of Management Studies, IIT School of Management Bombay, SP Jain Institute of Management and Research, Symbiosis Institute of Business Management,Pune and IMT Ghaziabad are the ten institutes tracked by ASSOCHAM Eco Pulse.

The highest growth is shown by Symbiosis Institute of Business Management with 21% increase in the average salary received from the last year. The average salary received was Rs5.75lakh, one lakh more than that received in 2004. The highest domestic salary offered was Rs9 lakh as against a handsome US$100,000 per annum international salary.

IIM Indore is next in the race with 20% rise in the average salary package offered as compared to 2004. The average salary package received was Rs7.9lakh in 2005 as against Rs6.65lakh in 2004. The highest domestic salary received was Rs12.5lakh from the IT sector.

IT School of Management received Rs11lakh as the highest domestic salary this year with an average salary of Rs7.43lakh as against Rs.6.33 lakh last year, a growth of 17%.

Faculty of Management Studies (FMS) received an average salary of Rs8.1lakh this year as against Rs7.04lakh last year showing a growth of 15%. The highest salary offered was Rs13 lakh.

he growth figure in terms of average salary offered to IIM Kozkhikode graduates is 15 per cent. The highest domestic salary of Rs10.15lakh was received from Consulting, one of the fast growing sector. The highest annual international salary offered to IIMK graduate was US$85,000.

IMT Ghaziabad saw a 10% rise in the average salary package with Rs6.5lakh average salary offered this year as against Rs5.92lakh received last year.

As many as 29 per cent of the graduates from these schools opted for Banking and Finance, while 25 per cent of them went in for a career in Information Technology.

Marketing, especially in the Fast Moving Goods (FMCG) sector, also found favour with a large number of young managers with 17 per cent of fresh managers opting for it.

Consultancy is another area gaining ground day by day. It accounted for 13 per cent of the future's industry leaders. As many as 16 per cent of the fresh graduates accepted offers for general management and other fields including telecom, pharmaceuticals, healthcare and HR.

The Associated Chambers of Commerce and Industry (ASSOCHAM) tracked ten institutes for its study. These were IIM, Ahmedabad, Indian Institute of Indore, Indian Institute of Khozikode, Faculty of Management Studies, Delhi, XLRI, Jamshedpur, Jamnalal Bajaj Institute of Management Studies, IIT School of Management Bombay, SP Jain Institute of Management and Research, Symbiosis Institute of Business Management and IMT Ghaziabad.

The maximum placement in Banking and Finance Services sector is an indication of the rise in the services sector, which is growing at the rate of nine per cent.

Fifty-one per cent of the 2005 batch of the Indian Institute of Management, Ahmedabad got placements in Banking and financial services sector and 20 per cent of them went in leading consultancy firms. IT and FMCG sector each grabbed 15 per cent of students.

Jamunalal Bajaj Institute again had maximum 47 per cent of pass outs going in for Banking and Finance sector. IT and Systems cornered 22 per cent of them.

XLRI, Jamshedpur also gave maximum number (31 per cent) of its products to these sectors.

The study found that Banking, Finance, specifically insurance, were the most attractive job creators with astonishing 45 per cent growth in a year, while Consulting came next with 44 per cent.

I neways doubt the reason for this thread, why has this been started suddenly at the wrong location

[estranged_gnrs]

Originally Posted by rajadiintl

I neways doubt the reason for this thread, why has this been started suddenly at the wrong location

It was not started suddenly , you just bumped it after 3 months.

Enjoy

Rohit

PS> Mods pls lock.

[andy_jaan]

Originally Posted by estranged_gnrs

It was not started suddenly , you just bumped it after 3 months.

Enjoy

Rohit

PS> Mods pls lock.

N u missed a WHOLE YEAR in it
seems to b very excited abt IITK
smiles
Andy