Average salary packages by top 20 b-schools in India- 2011-2012

Source- digitalmailers.in

Top 15 b-schools in India -2012

This is the list of top 15 indian b-schools in 2012..

Source- pagalguy.com

Number of freshers in IIMs

IIM Indore has 65% freshers while IIM Rohtak has only 10% 

The Indian Institute of Management Indore (IIMI) has 65% freshers in its 2012-2014 batch. This figure is the highest among all the Indian Institutes of Management and other top schools this year. What becomes incidental is that the number of work-ex is about 35%. While IIMI decided to go with a bigger ‘fresher’ group, some of the other IIMs consciously decided to keep the number down and increase the intake of work-ex students instead.

Is there a perfect ratio at all?

According to Prof Rohit Kapoor, who teaches Operations Management and Quantitative Techniques at IIMI and also looks after admissions, the institute did not go out of its way to get in more freshers this year. “It was unplanned. We stuck to the criteria and got this mix of students. We are extremely happy with this batch.”

IIM Rohtak on the other hand, decided to tactfully cut down on the number of freshers in its 2012-2014 batch. According to its director Dr P Rameshan, while last year the ratio of work-ex to newbies was 70:30, this year it is 90:10. “We had decided that we would get a bigger batch of work-ex students and worked towards it. We planned for a 90:10 ratio in favour of work-ex so made sure we got it.”

When asked why the change, Dr Rameshan said that a typical MBA class should be well-informed and knowledgeable about matters regarding work dynamics. “This only leads to a healthy discussion in class.” According to the IIM Rohtak director while the ideal composition of a class should be 2/3 work experience and 1/3 freshers, in worse case scenarios, work-ex should not go under 50%.

Most other institutes have more or less kept this rule in mind. While IIM Bangalore has 27% freshers in its current first year batch, IIM Calcutta has 23%. IIM Ranchi on the other has 32 freshers in its class of 117 while at IIM Kozhikode, 40% of the class does not have any work-ex. IIM Trichy comes close to IIM Kozhikode with 38% freshers. The Shailesh J Mehta School of Management at the Indian Institute of Technology, Bombay has 11 newbies from 115 students.

IIM Ahmedabad has 30% freshers and there were reports that this year IIMA had made it clear that those with work-ex would be definitely preferred to others. And to the extent that a slight dip in the CAT score would ignored in favour of work-ex aspirants.

The SP Jain Institute of Management and Research,on the other hand has 81% of the Class of 2014 with experience of average 24 months. According to Professor AbbasAli Gabula, Deputy Director, External Relations and Administration, it would be naive to put a figure or ideate on what should be the right % which should be with or without experience. "It is important to know the batch composition about their career path," Prof Gabula said.

SPJIMR iinsists on specialisation selection upfront on application. Each specialisation has different criteria for shortlisting and final selection. At SPJIMR Marketing has 31% freshers, Finance has 40% freshers, Information Management has 6% freshers and Operations has 100% experienced ranging from 14 to 54 months.

Prof Godwyn Tennyson, Placements Chairperson at IIM Trichy says that work experience is just one of the many components of its selection process.”Whatever mix we see is purely an outcome of the process. However, in certain universities abroad, work experience is a prerequisite for applying to the management programme.” Prof Tennyson added that the ideal intake of the proportion of the freshers is driven by the requirements of the companies recruiting from the campuses. “Some firms strictly look for students with work experience while some look for freshers. From the academic front, freshers add an additional dimension to the diversity of the batch and adds flavor to the classroom learning," he added.

The debate concerning freshers over work-ex is quite a recent one. In the last decade or so, most top schools flaunted huge chunks of freshers, except say for a school like the Indian School of Business, Hyderabad where work-ex has always been a clear requirement.

Another faculty who did not wish to be named said that the need to get in diversity can sometime skew ratios one way or the other. “Since the trend is to take in fewer engineers and more women, the ratio of freshers can always rise. Some of the older IIMs did have huge number of non-work-ex students earlier but the trend slowly shifted towards getting in more work-ex."

One viewpoint is that many of the newer IIMs for their first intake did take in a good portion of freshers, keeping in mind the availability in the source pool and being new at the admission game. The cut-offs for the Common Admission Test were and are also lower with the older IIMs. “But over time even the newer IIMs have been trying to increase the number of work-ex students to attract good companies for placements," said an admissions official from one of the new IIMs.

A faculty member from an IIM in the south said that he would love to see more students from the humanities and social sciences background applying to his school, and if he does get a healthy group of diverse students, he would not mind them not having anywork-ex. . It's ironic that the IIMs have such varied admission criteria in place. While, on one hand the institutes need to be appreciated for being able to retain a personal character, on the other hand, they are letting out confusing signals to the student community at large, more so since the IIMs admit from a common student pool.

Also, the fact cannot be ignored that if the IIMs want to speak to a more global audience, they will have to make work-ex a condition. Yes, most MBA programmes abroad are of a year's duration and often undertaken for a 'change of career path.' In India, the course being two years, it is usually taken to 'build' one's career.

Students themselves however find the contest between freshers and work-ex students baseless. Kavya Amarnath from the current first year batch of IIM Indore says that it does not work negatively to have so many freshers in the class. “There are some subjects that experienced students can add to like operations and marketing. But for subjects like HR etc it is good that s much fresh perspective comes from those without any work ex.

Mainak Bhowmik also from the same batch who has some work-ex says that for many subjects having a new perspective which is not discussed before, adds to the knowledge flow in the class. “Those with work-ex will know things the way they have experienced it but when there is no prior experience, there is no limit to the ideas.” Mainak adds that to really know the worth of work-ex, students should have completed a few years on a job, not just a year or two like what is mostly seen.

An alumnus from IIM Calcutta told PaGaLGuY that it was safer to have a bigger proportion of experienced students in the class because experience at a work place gets in uncommon and many views to a classroom. "While if there are too many freshers, the experiences to be shared are far fewer."

COMPANIES WITH THEIR PACKAGES FOR B.TECH FRESHERS IN INDIA:

COMPANIES WITH THEIR PACKAGES FOR B.TECH FRESHERS IN INDIA:

- ABB                                – 6.5 lakhs
- Accenture                        – 3.2 lakhs
- ADP                                – 3.6 lakhs
- Adobe                             – 6.0 lakhs
- Amdocs                           – 4 to 5 lakhs
- Amazon                           – 8 to 12 lakhs
- Birla soft                          – 3.12 lakhs
- CSC                                – 3.6 to 3.8 lakhs
- Cisco Systems                   -8 lakhs
- Computer Associates CA – 5 lakhs
- DE Shaw                         – 12 lakhs
- Dell                                 -  2.75 lakhs
- Deloitte                            – 5 lakhs
- DRDO                            – 4 lakhs
- Perot Systems                 – 2.8 lakhs
- Persistent Systems           – 3 lakhs
- Philips(R&D)                   - 5 lakhs
- Reliance Energy               – 5.5 lakhs
- Samsung (R&D)              – 4 to 5 lakhs
- Fidelity                             – 3.8 lakhs
- Siemens                           – 4.6 lakhs
- GCI solutions                   – 2.9 lakhs
- Sapient                            – 4 to 4.5 lakhs
- FSS                                 – 6.5 lakhs
- eValue Serve                   – 4 lakhs
- Freescale                         – 5.5 lakhs
- Schlumberger                  – 10 to 28 lakhs
- Google                             -15 lakhs
- Schneider                         – 3.1 to 3.5 lakhs
- FuturesFirst                      – 6.4 lakhs
- SolidCore                        – 7 lakhs
- Global Logic                    – 3.6 lakhs
- Sun Microsystems            – 3.5 lakhs
- Godrej Infotech                – 2.8 lakhs
- Sunguard                         – 4.5 lakhs
- Goldman Sachs                – 5.5 lakhs
- Syntel India                      – 3.3 lakhs
- T Systems                        – 2.2 lakhs
- Habinger                          – 2.7 lakhs
- HCL                                – 3 lakhs
- Tavant                             – 3.5 lakhs
- Hexaware                        – 3 lakhs
- Honeywell                       – 4 lakhs
- TCS                                - 3.2 lakhs
- Teradata                         – 3.4 lakhs
- IBM                               – 3.3 (GB S) or 5.5 (ISL)
- Tech Mahindra               – 2.95 lakhs
- Thoughtworks                – 5.6 lakhs
- I-flex                              – 2.4 lakhs
- Texas Instruments           – 6 lakhs
- iGate                              – 2.5 lakhs
- Tisco                              – 4.5 lakhs
- Impulsesoft                     – 3 lakhs
- Torry Harris                   – 3 lakhs
- Indorama                       – 7 lakhs
- Toshiba                          – 3.8 lakhs
- Infogain                          – 2.5 lakhs
- Informatica                     – 5.5 lakhs
- Trident                           – 6 lakhs
- Infosys                           – 3.25 lakhs
- US technologies             – 2.4 lakhs
- Integra                           – 6 lakhs
- IOCL                            – 7 lakhs
- Verizon                          – 5.5 to 7.5 lakhs
- ITC infotech                   – 3 lakhs
- Vestas RRb                    – 3 lakhs
- Ivy Comptech                 – 7.2 lakhs
- Whirpool                        – 3 lakhs
- Jindal Steel                     – 3.2 lakhs
- Wipro                            – 3 to 3.5 lakhs
- Microsoft                       – 8 lakhs
- Naukri                           – 3 lakhs
- Intelligroup Asia             – 1.75 lakhs
- Colaberra                      – 3 lakhs
- Kennametal                   – 4.8 lakhs
- Yahoo                           – 7.5 to 10 lakhs
- Zensar                           – 2.5 lakhs
- Motorola                      – 4 lakhs
- Robert Bosch               – 3.1 lakhs
- Polaris                          – 1.6 lakhs
- Synergy                        – 1.6 lakhs
- NCR corp                    – 3 to 3.3 lakhs
- JDS software                – 3 to 3.5 lakhs
- Eragroup                        -1.5 to 2 lakhs
- Capgemini–                     2.5 to 4 lakhs
- Adsys                          – 1.25 to 2 lakhs
- Avaya                          - 3 to 4 lakhs
- Mahindra Satyam         – 2.75 to 3.25 lakhs
- Unisys                           -2.5 to 3 lakhs
- Cognizant                    – 3 lakhs
- Kumaran Systems         -1.75 to 2 lakhs
- VIA                            – 5.5 lakhs
- QL2                           – 1.25 to 1.75 lakhs
- Thomson Reuters        – 3 lakhs
- Retina Software          – 2.5 to 3 lakhs
- Intel                            – 5 to 8 lakhs
- Progressive infotech    – 3 lakhs
- Infotech enterprises     – 2 to 2.4 lakhs
- PRDC infotech           – 2.5 lakhs
- FIS Global                 – 2.5 to 3 lakhs
- 3dPLM                      – 3 to 4 lakhs
- HP                             – 2.5 lakhs
- iWebleaf                    – 3 to 3.5 lakhs
- Codepalm                  – 3 lakhs
- Value labs                  – 1.75 lakhs
- Source bits                 – 2.5 lakhs
- Qualcomm                  – 3.8 to 6 lakhs
- Patni                           – 2.6 lakhs
- Oracle                        – 4 to 8 lakhs
- Webyog                      – 3 to 3.5 lakhs
- MU Sigma                  – 3.3 lakhs

CAT aspirants increased this year by 9000

2.14 lakh register for CAT 2012, an increase of 9000 from last year

Preliminary registration data for the Common Admission Test (CAT) 2012 indicates a slight increase of 4.39% compared to last year's figures. The CAT 2012 registration window ended at midnight on September 19 with 2.14 lakh registrations, exceeding last year’s registrations of 2.05 lakh. The gender split has also improved with 28% registrations coming from females as compared to 27% last year.

According to information available with the Indian Institutes of Management, the CAT 2012 voucher sale window which ended on September 17 saw 2.15 lakh vouchers getting sold.

Similar to previous trends, the cities in which the highest numbers of candidates have scheduled to test are New Delhi, Bangalore, Mumbai, Hyderabad and Pune. Over the next 2 weeks, Prometric will be reconciling the registration data to produce a final report which will include actual numbers and demographic breakdown of candidates.

Professor SSS Kumar, CAT 2012 Convenor said the increase in figures was a good sign and reinforced the belief that the post graduate management programmes offered at the IIMs and other prestigious B-schools that accept CAT scores, are still attractive.

The number of vouchers and registrations is however not the final word on the number of people who might actually sit for the test. After purchasing the vouchers, candidates need to use them to register online on catiim.in in order to choose a test date and venue, the deadline for which is 11:59 pm on Wednesday, September 19. Not everyone who buys the vouchers registers, and not everyone who registers actually appears for the test. Last year, 2.05 lakh had registered for the test against a voucher sale of 2.06 lakh. Eventually, only 1.85 lakh turned out to sit for the actual test.

"Echoing previous trends, the highest number of vouchers were sold on the first day. On the final day, close to 6,000 vouchers were sold, 33% higher than last year," said a Prometric press statement about the CAT 2012 voucher sales.

CAT 2012 is scheduled between October 11 and November 6, 2012.

top paying jobs in india

1.) Management Professionals: If you are a management graduate such as MBA or PGDM then even fresher salary should be around 7 to 8 Lakhs per year or more depending upon the college from which you are passing out. MBA careers have one of the best salaries offered in industry. The most preferred for these posts are Indian Institute of Management(IIM) graduates.CAT(Common Admission Test) is the gateway to these premium institutes. These students are groomed to handle crisis situations in any circumstances. There are various branches of management such  as Marketing, Finance, Human Resource, IT  etc . After choosing a career in Management you can find top jobs in  Manufacturing, services, IT, Automobiles, Pharma, Media, travel and perhaps, in almost all fields that need a consumer for its business.This is a good option for higher education in India. 

2.) IT Professionals: IT sector has squeezed the cream for a long time before the global recession for higher education in India. The salary paid was unimaginable but due to the economic crisis the sector saw a downtrend in the past couple of years. The IT sector is basically groomed to do outsourcing jobs and its demand all over the world is continuous. Today nations are recovering from the economic recession and are growing beyond the expectations of the respective countries; thus IT people from India are back in demand. Their services are required in every sphere to systematize the concerned department with a view to assist that country. Moreover the demand for computer programmers is on the rise. Software programming relates to specific requirements whereas the hardware is related to the computer components necessary to run the system. Some of most paid profession in IT are software developer, software engineer, Quality Assurance (QA) engineer etc.The minimum salary which a software programmer can expect, annually, is around 7 to 8 Lakhs per year but the best salary today is one Lakh per month.

3.) Chartered Accountant: A company or any business house irrespective of their size depends on a chartered accountant to maintain their book of accounts and annual financial report. For this category of professionals there is no dearth of jobs. Since their demand is high their pay packets also at par with other professional jobs in the country. Moreover, they have the option to constitute their own firm and work on contacts with business houses.

4.) Aviation Careers: The commercial airline sector has seen a boost in the recent past. Many private parties have joined the Indian airlines and Air India. There is a constant demand for qualified pilots, ground staff, stewards, air hostesses, etc. A pilot safely earns ten lakhs per year and the salary of other related staff ranges from 4 to 6 lakhs per year. Air hostesses are always in demand.

5.) Medical Professionals: The salary structure for a medical practitioner is of not much significance. This is because of their perennial demand. Moreover, specialization in specific fields can give them unexpected return. It is known to all that an able surgeon is in constant demand and he gets his fees irrespective of his employment with other agencies. Even dentists get money which was not available to them three decades back. Their income per month can be estimated in Lakhs. The minimum salary, if employed can be estimated to be around Rs.4.5Lakh to 6Lakh per year and for a specialized surgeon it could be double.

6.) Legal professionals: Legal profession like the doctors needs recognition. It needs hard work, understanding the basics of law and presenting them to the court of law. Once they are recognized there is no dearth of money. In one case they can have lakhs or even crores. To achieve this status the legal personnel has to have adequate knowledge and understand the intricacies of the legal bout, specially corporate lawyers earn huge payments only for consultation.

7.) SAP Consultant: SAP (Systems applications and Products in Data Processing) is ERP (Enterprise Resource Planning) software developed by German company SAP, used by all Big MNCs for managing different function’s data and information. They provide certifications in different areas like Finance and accounting, Sales and CRM (customer relationship mgmt), Logistics and Supply Chain, HR and Technical modules. After doing certification one can be employed in big MNC as SAP consultant. Choosing a career in SAP can help you in getting salary in the range of 6 Lakhs per year to 12 Lakhs per year depending upon your experience and knowledge.
8.) Modeling: If you choose your career in the film and modeling can prove yourself there is no dearth of money. There is no fixed salary in this line but what you get in getting one successful ad contract will comfortably see you through for a couple of years. In certain instances you can bargain for crores of rupees.
9.) Offshore drilling: This is another sector that makes the unknown profits and thus pays exorbitant salaries to its employees. A person with the entry level can expect a salary of Rs. 3.5 to 4.00 lakhs per year, apart from the perks which is around 1.2 lakhs. The perks have various outlets for the employee.
10.) Sports and Games: This is a fast growing area where there is constant demand of people. An efficient sportsman or a player can make lakhs of rupees. Many youngsters are opting this as a career. Recently you have seen yourself how much price a player took in the  IPL series. Have you thought the money which was made by players in the current world cup series? However, it is unfortunate that apart from a few games and sports event, India is not able to compete with the world. Therefore, if you intend to build your career in this sector there is a vast opening for you.

best placement in 2010 in an mba college in india

Placement season at the Indian Institute of Management, Calcutta (IIM-C) has well and truly begun with students being offered pay packages as hefty as Rs.1.6 crore within just two days of its commencement.

A student from the IIM-C has bagged a record-breaking package from a global investment bank in South East Asia of $350,000 (Rs.1.6 crore) making the institute a hot destination for the recruiters with exceptional pay packets this year.

Two more students have been offered the bulky packets of over Rs.1 crore each.

Beating the rest of the IIMs with 91 slot zero offers (when the largest firms give out their best salaries) it was the highest among all, considering just two days of its commencement, said sources.

The newly introduced cohort system based placements has lead to the IIM-Bangalore standing at the second position after Calcutta with 64 slot zero offers followed by IIM-Ahmedabad with 50. These figures exclude the pre-placement offers.

These three students are to be placed in London and Hong Kong investment banks as associates.

There were initial rumors that the highest pay packet of Rs.1.44 crore has been bagged by a student from IIM-A while that of IIM-B's was Rs.1.14 crore this year which later was confirmed and the crown was given to IIM-C.

Talking about the domestic package, an IIM-C student has received more than Rs.60 lakh annually for an investment bank's Mumbai branch, which is the highest ever.

Revealing the identity of students was clearly refused by the officials nor was the exact figures disclosed.

The top honchos including the global investment banks and financial big wigs landed in the IIM-C campus on Saturday, which was the first day of the placement season.

The Swiss investment bank - UBS, hired exclusively from IIM-C while the largest number of students as compared to the other B-schools of the country were drawn from C. Temasek Holdings, the investment arm of the Singapore government.

Another one in the list was Oliver Wyman, a US based consulting firm, which hired its students for its offices in London, New York, Singapore and Dubai.