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Friday, February 02, 2007
Overseas postings, big bucks woo under-grads
AN MBA degree may not be the make or break factor in your career afterall . An under-graduate degree from a premier institute is also likely to get you a fat pay packet and even a foreign placement.
Sample this: Average salaries at Delhi University's St Stephen's college will touch Rs 4 lakh/annum by the end of this fiscal beating some of the Bschools such as Institute of Management Development and Research (IMDR), Pune, where the average was Rs 3.84 lakh/annum. The average pay packet matches the averages hovering in several other management schools such as Indian Institute of Forest Management (IIFM), Bhopal and Amrita School of Business.
This is not all. The highest domestic salary on offer is at Rs 9.5 lakh/annum which has bettered the highest offers at several Bschools including Somaiya Institute of Management Studies, Welingkar Institute of Management and Bharathidasan Institute of Management (BIM) among others. The highest domestic offers at these institutes ranged from Rs 7.25-7 .5 lakh/annum. Further, overseas offers at under-grad colleges look attractive. While IIFM saw the highest overseas offer touching $45,000 per annum (Rs 20,25,000) at St Stephen's college , Reckitt Benckiser offered 25,000 pounds per annum (Rs 20,00,000). DSP Merrill Lynch offered an internship at a whopping 40,000 pounds per annum.
A host of companies from the FMCG sector, financial services industry, media houses, advertising agencies and consultancies are thronging campuses like never before. HLL, McKinsey, KPMG, Ernst & Young, Aptivaa Consulting, DSP Merrill Lynch, Monitor Group, Bain & Company , Executive Access and Reckitt Benckiser are among those on the prowl. At Presidency College, kolkata, placements have gone up 200% over the past five years.
At Delhi's SRCC, the number of companies showing up on the campus is expected to go up from 10 in 2001, to 35 companies making up to 150 offers this year. Placements, which stood at 50% in 2003 in city colleges, have been steadily rising 7-8 % every year.
CAMPUS CALLING
Under-graduate degrees from top institutes will fetch fat pay packets Average salaries at St Stephen's college to touch Rs 4 lakh/annum by the end of this fiscal The highest domestic salary on offer is Rs 9.5 lakh/annum which has bettered the offers at several B-schools
Sample this: Average salaries at Delhi University's St Stephen's college will touch Rs 4 lakh/annum by the end of this fiscal beating some of the Bschools such as Institute of Management Development and Research (IMDR), Pune, where the average was Rs 3.84 lakh/annum. The average pay packet matches the averages hovering in several other management schools such as Indian Institute of Forest Management (IIFM), Bhopal and Amrita School of Business.
This is not all. The highest domestic salary on offer is at Rs 9.5 lakh/annum which has bettered the highest offers at several Bschools including Somaiya Institute of Management Studies, Welingkar Institute of Management and Bharathidasan Institute of Management (BIM) among others. The highest domestic offers at these institutes ranged from Rs 7.25-7 .5 lakh/annum. Further, overseas offers at under-grad colleges look attractive. While IIFM saw the highest overseas offer touching $45,000 per annum (Rs 20,25,000) at St Stephen's college , Reckitt Benckiser offered 25,000 pounds per annum (Rs 20,00,000). DSP Merrill Lynch offered an internship at a whopping 40,000 pounds per annum.
A host of companies from the FMCG sector, financial services industry, media houses, advertising agencies and consultancies are thronging campuses like never before. HLL, McKinsey, KPMG, Ernst & Young, Aptivaa Consulting, DSP Merrill Lynch, Monitor Group, Bain & Company , Executive Access and Reckitt Benckiser are among those on the prowl. At Presidency College, kolkata, placements have gone up 200% over the past five years.
At Delhi's SRCC, the number of companies showing up on the campus is expected to go up from 10 in 2001, to 35 companies making up to 150 offers this year. Placements, which stood at 50% in 2003 in city colleges, have been steadily rising 7-8 % every year.
CAMPUS CALLING
Under-graduate degrees from top institutes will fetch fat pay packets Average salaries at St Stephen's college to touch Rs 4 lakh/annum by the end of this fiscal The highest domestic salary on offer is Rs 9.5 lakh/annum which has bettered the offers at several B-schools
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Dear Cool Blogger,
I am not intreguied because you have construed a bit of truth to prove your point, but because the unhealthy importance you are placing for the remuneration part of the offer.
As against your claim, I can assure you, as a part of Placement Committee of IMDR, Pune, that we had 4.25 lakhs per annum as average salary, with 3 foreigh Placements, with 8 lakhs per annum.
But that does not count, as at IMDR you might not take an offer up with 8 lakhs per annum, just because you did not like the profile. And there is something that the institute follows as past recruiters, for whom we have lot of respect and who also share the same are given the first slots. They ensure that our students although may not be paid as huge as any other college, is provided a profile worth enough to be called as for a Manager.
And with due respect to all the undergraduate, if u can kindly view the scenario in a different order, be it from which ever college u say u r from, in an IT firm ( largest recruiter of Undergraduates ) an engineer or a computer software professional is the base employee. We differ to join a company at that stature.
Hoping this would put you in a better position to claim credence to your opinions.
Thanks
Renjith G Nair
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I am not intreguied because you have construed a bit of truth to prove your point, but because the unhealthy importance you are placing for the remuneration part of the offer.
As against your claim, I can assure you, as a part of Placement Committee of IMDR, Pune, that we had 4.25 lakhs per annum as average salary, with 3 foreigh Placements, with 8 lakhs per annum.
But that does not count, as at IMDR you might not take an offer up with 8 lakhs per annum, just because you did not like the profile. And there is something that the institute follows as past recruiters, for whom we have lot of respect and who also share the same are given the first slots. They ensure that our students although may not be paid as huge as any other college, is provided a profile worth enough to be called as for a Manager.
And with due respect to all the undergraduate, if u can kindly view the scenario in a different order, be it from which ever college u say u r from, in an IT firm ( largest recruiter of Undergraduates ) an engineer or a computer software professional is the base employee. We differ to join a company at that stature.
Hoping this would put you in a better position to claim credence to your opinions.
Thanks
Renjith G Nair
<< Home
