MBA PLACEMENTS 2008 - · PDF file13 15 29 13 16 32 na 17 nd na 21 12. Title: G-MBA Created...
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MBA PLACEMENTS 2008 STREAMS OF CHOICES Placements at Indian B-schools appeared to be business as usual despite the severe stock market correction and the subprime crisis. Average salaries rose; students continued to opt for consultancies, and banking and finance, with marketing and information technology losing out. But MBA community portal CoolAvenues.com, which provided this scorecard of Placements 2008 exclusively to Mint, said freshers were paid more than some employees with three years or more of experience. For more of CoolAvenue's analysis, log onto www.livemint.com/coolavenue.htm For last year’s scorecard, go to www.livemint.com/mbaplacements.htm The number of students wanting to be a consultant is on the rise across most campuses 40 30 20 10 0 30.89 25.42 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K % of the batch placed in consulting Marketing has now lost ground, though once among the most preferred stream, 40 30 20 10 0 % of the batch placed in marketing Banking and finance continue to be popular on some campuses 50 40 30 20 10 % of the batch placed in finance/banking IT has still not recovered its preferred status on B-school campuses 50 40 30 20 10 0 % of the batch placed in information systems Institute % of the batch The school aren’t listed in any particular order. The data on salaries was provided by a third party and hasn’t been cross-checked with recruiters. nd: Not disclosed; na: Not applicable Institute % of the batch AT IIM-A, AGAIN ONE OUT OF EVERY FOUR STUDENTS LANDED AN OVERSEAS OFFER IIM Ahmedabad IIM Bangalore IIM Calcutta IIM Lucknow IIM Indore IIM Kozhikode XIM Bhubaneswar FMS, Delhi IIFT, New Delhi SPJIMR, Mumbai MDI, Gurgaon NITIE, Mumbai SJMSOM, IIT Mumbai IMT Ghaziabad TISS, Mumbai XLRI, Jamshedpur Great Lakes, Chennai Sydenham, Mumbai 246 256 291 256 173 177 119 99 151 60 133 nd 32 8 16 4 4 4 90 115 144 53 339 42 180 164 57 6 2 4 9 13 0 12 nd 0 24.39 51.95 na 12.5 4.62 9.04 3.36 4.04 2.65 6.67 1.74 2.78 16.98 3.83 0 6.67 na 0 IIM Ahmedabad IIM Bangalore IIM Calcutta IIM Lucknow IIM Indore IIM Kozhikode XIM Bhubaneswar FMS, Delhi IIFT, New Delhi SPJIMR, Mumbai MDI, Gurgaon NITIE, Mumbai SJMSOM, IIT Mumbai IMT Ghaziabad TISS, Mumbai JBIMS, Mumbai XLRI, Jamshedpur Great Lakes, Chennai Sydenham, Mumbai Institute Total students Students opting out of placements Students participating in placements 2006 2007 2008 Average salary (in $) Highest salary (in $) 255 9 246 256 nd nd 291 3 288 256 6 250 173 0 173 177 1 176 119 1 118 99 1 98 151 0 151 90 1 89 115 0 115 144 0 144 53 0 53 340 1 339 42 15 27 nd nd nd 180 4 176 164 nd nd 57 4 53 Average Indian salary (in Rs lakh) Highest Indian salary (in Rs lakh) 2006 2007 2008 2006 2007 2008 2006 2007 2008 185,000 225,000 360,000 193,000 nd nd 152,000 250,000 335,000 75,000 nd nd 70,000 110,000 85,000 70,000 110,000 175,000 85,000 85,000 85,000 65,000 60,000 105,000 100,000 100,000 110,000 35,900 83,500 70,000 65,000 75,000 74,000 76,500 85,000 85,000 na 85,000 85,000 85,000 95,000 85,000 na na na na 85,000 54,500 nd 100,000 100,000 na 75,000 nd na na na Batch size Students placed overseas How lateral placements stack up across campuses IIM Ahmedabad IIM Bangalore IIM Calcutta IIM Lucknow IIM Indore IIM Kozhikode XIM Bhubaneswar FMS, Delhi IIFT, New Delhi SPJIMR, Mumbai MDI, Gurgaon NITIE, Mumbai SJMSOM, IIT Mumbai IMT Ghaziabad TISS, Mumbai JBIMS, Mumbai XLRI, Jamshedpur Great Lakes, Chennai Sydenham, Mumbai Institute Batch size (in numbers) Average lateral salary (in Rs lakh) Highest lateral salary (in Rs lakh) 255 256 291 256 173 177 118 99 151 89 115 144 53 339 42 nd 180 164 57 18 nd 10 12 10 20 12 18 12 11 6 20 na 22 11 nd 10 nd 18 103 nd 108 146 30 35 37 16 53 139 26 75 na 28 5 nd 61 nd 7 18.30 nd 14.15 nd 13.30 15.56 11.73 16.48 9.55 14.02 12.28 12.93 na 9.13 11.75 nd 15.00 nd 8.70 Pre-MBA work experience not less than (in months) Lateral offers accepted (in numbers) nd nd 25.00 nd 26.00 70.00 13.00 26.00 44.00 20.00 14.30 20.97 na 17.00 16.00 nd 40.00 nd 9.00 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 22.84 13.79 6.1 18.89 22.41 22.03 31.49 45.40 35.02 45.95 2.03 7.48 7.47 8.47 nd nd nd nd nd nd nd nd JBIMS, Mumbai did not disclose its figures. Average Indian and $ salaries have increased across campuses Cool Avenues is an MBA community portal with members who are MBAs or MBA aspirants. It focuses on placements, B-school rankings and career opportunities. The portal has been conducting placement surveys since 2000. For more details, log on to www.coolavenues.com. Graphics by Sandeep Bhatnagar Illustration by Malay Karmakar 9.72 13.60 17.85 9.8 nd nd 9.81 14.17 16.4 8.74 nd nd 8.5 12.35 12.7 9.02 11.76 14.83 6.67 8.5 9.56 8.9 12.04 14.91 6.9 8.51 9.67 8.5 11 13.87 9.01 11.7 12.25 8.2 10.19 13.15 7.83 9.71 13.96 5.98 9.1 8.67 na 8.92 11.75 8.17 11.26 13.84 8.4 12.6 14.75 na 9.03 9.7 na 7.2 8.1 92,500 115,300 119,000 86,000 nd nd nd nd nd nd nd na nd nd 74,500 70,000 85,000 102,000 85,000 85,000 65,000 62,500 60,000 62,000 94,147 68,108 66,196 34,500 47,800 52,500 33,537 31,200 nd 76,500 85,000 77,500 na nd 85,000 85,000 67,000 23,900 na na na na nd nd nd 85,000 90,000 na 60,000 nd na na na 34 100 70 30 nd nd 23 40 67.5 16 nd nd 12.5 18 26 16.67 22 29 9 12.75 16.5 14.5 16 26 10.55 19.2 25 15.5 19 20 12.35 16 20.21 12.5 13.15 20.97 11 13.2 21 9.5 17 17 na 12 16.75 13 15 29 13 16 32 na 17 nd na 21 12
Transcript of MBA PLACEMENTS 2008 - · PDF file13 15 29 13 16 32 na 17 nd na 21 12. Title: G-MBA Created...
MBA PLACEMENTS 2008
STREAMS OF CHOICES
Placements at Indian B-schools appeared to be business as usual despite the severe stock market correction and the subprime crisis. Average salaries rose; students continued to opt for consultancies, and banking and finance, with marketing and information technology losing out. But MBA community portal CoolAvenues.com, which provided this scorecard of Placements 2008 exclusively to Mint, said freshers were paid more than some employees with three years or more of experience. For more of CoolAvenue's analysis, log onto www.livemint.com/coolavenue.htmFor last year’s scorecard, go to www.livemint.com/mbaplacements.htm
The number of students wanting to be a consultant is on the rise across most campuses
40
30
20
10
0
30.89 25.42
’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08
IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K
IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K
IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K
IIM-A IIM-B IIM-C IIM-L IIM-I IIM-K
% of the batch placed in consulting
Marketing has now lost ground, though once among the most preferred stream,
40
30
20
10
0
% of the batch placed in marketing
Banking and finance continue to be popularon some campuses
50
40
30
20
10
% of the batch placed in finance/banking
IT has still not recovered its preferred status on B-school campuses
50
40
30
20
10
0
% of the batch placed in information systems
Institute % of the batch
The school aren’t listed in any particular order. The data on salaries was provided by a third party and hasn’t been cross-checked with recruiters.
nd: Not disclosed; na: Not applicable
Institute % of the batch
AT IIM-A, AGAIN ONE OUT OF EVERY FOUR STUDENTS LANDED AN OVERSEAS OFFER
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Lucknow
IIM Indore
IIM Kozhikode
XIM Bhubaneswar
FMS, Delhi
IIFT, New Delhi
SPJIMR, Mumbai
MDI, Gurgaon
NITIE, Mumbai
SJMSOM, IIT Mumbai
IMT Ghaziabad
TISS, Mumbai
XLRI, Jamshedpur
Great Lakes, Chennai
Sydenham, Mumbai
246
256
291
256
173
177
119
99
151
60
133
nd
32
8
16
4
4
4
90
115
144
53
339
42
180
164
57
6
2
4
9
13
0
12
nd
0
24.39
51.95
na
12.5
4.62
9.04
3.36
4.04
2.65
6.67
1.74
2.78
16.98
3.83
0
6.67
na
0
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Lucknow
IIM Indore
IIM Kozhikode
XIM Bhubaneswar
FMS, Delhi
IIFT, New Delhi
SPJIMR, Mumbai
MDI, Gurgaon
NITIE, Mumbai
SJMSOM, IIT Mumbai
IMT Ghaziabad
TISS, Mumbai
JBIMS, Mumbai
XLRI, Jamshedpur
Great Lakes, Chennai
Sydenham, Mumbai
Institute
Total studentsStudents opting out of placementsStudents participating in placements
2006 2007 2008
Average salary(in $)
Highest salary(in $)
2559
246
256ndnd
2913
288
2566
250
1730
173
1771
176
1191
118
991
98
1510
151
901
89
1150
115
1440
144
530
53
3401
339
421527
ndndnd
1804
176
164ndnd
574
53
Average Indian salary (in Rs lakh)
Highest Indian salary (in Rs lakh)
2006 2007 2008
2006 2007 2008
2006 2007 2008
185,000225,000360,000
193,000ndnd
152,000250,000335,000
75,000ndnd
70,000110,000
85,000
70,000110,000175,000
85,00085,00085,000
65,00060,000
105,000
100,000100,000110,000
35,90083,50070,000
65,00075,000
74,000
76,50085,00085,000
na85,00085,000
85,00095,00085,000
nanana
na85,00054,500
nd100,000100,000
na75,000
nd
nana
na
Batch size
Students placedoverseas
How lateral placements stack up across campuses
IIM AhmedabadIIM BangaloreIIM CalcuttaIIM LucknowIIM IndoreIIM KozhikodeXIM BhubaneswarFMS, DelhiIIFT, New DelhiSPJIMR, MumbaiMDI, GurgaonNITIE, MumbaiSJMSOM, IIT MumbaiIMT GhaziabadTISS, MumbaiJBIMS, MumbaiXLRI, JamshedpurGreat Lakes, ChennaiSydenham, Mumbai
InstituteBatch size(in numbers)
Average lateral salary (in Rs lakh)
Highest lateral salary (in Rs lakh)
25525629125617317711899
15189
11514453
33942nd
18016457
18nd
1012102012181211 6
20na
2211nd
10nd
18
103nd
1081463035371653
1392675na
285
nd
61nd
7
18.30nd
14.15nd
13.3015.5611.7316.48
9.5514.0212.2812.93
na
9.1311.75
nd
15.00nd
8.70
Pre-MBA work experience not less than (in months)
Lateral offers accepted (in numbers)
nd
nd
25.00nd
26.0070.0013.0026.0044.0020.0014.3020.97
na
17.0016.00
nd
40.00nd
9.00
’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08
’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08
’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08 ’03 ’08
22.84 13.79
6.1 18.89 22.41 22.03
31.49 45.40 35.0245.95
2.03 7.48 7.47 8.47
ndnd
ndnd
ndnd
ndnd
JBIMS, Mumbai did not disclose its figures.
Average Indian and $ salaries have increased across campuses
Cool Avenues is an MBA community portal with members who are MBAs or MBA aspirants. It focuses on placements, B-school rankings and career opportunities. The portal has been conducting placement surveys since 2000. For more details, log on to www.coolavenues.com.
Graphics by Sandeep Bhatnagar Illustration by Malay Karmakar
9.7213.6017.85
9.8ndnd
9.8114.1716.4
8.74ndnd
8.512.3512.7
9.0211.7614.83
6.678.5
9.56
8.912.0414.91
6.98.519.67
8.511
13.87
9.0111.7
12.25
8.210.1913.15
7.839.71
13.96
5.989.1
8.67
na8.92
11.75
8.1711.2613.84
8.412.6
14.75
na9.03
9.7
na7.28.1
92,500115,300119,000
86,000ndnd
ndndnd
ndndna
ndnd
74,500
70,00085,000
102,000
85,00085,00065,000
62,50060,00062,000
94,14768,10866,196
34,50047,80052,500
33,53731,200
nd
76,50085,00077,500
nand
85,000
85,00067,00023,900
nanana
nandnd
nd85,00090,000
na60,000
nd
nanana
3410070
30ndnd
2340
67.5
16ndnd
12.51826
16.672229
912.7516.5
14.51626
10.5519.2
25
15.51920
12.3516
20.21
12.513.1520.97
1113.2
21
9.51717
na12
16.75
131529
131632
na17nd
na2112
