Two students of the Indian Institute of Management Calcutta (now Kolkata), IIM-C have bagged the highest paying placement offer in IIM history, worth $250,000. In rupee terms, that works out to Rs.1,12,50,000 per annum. ( One crore twelve lakhs+) . These salaries have been offered by an investment bank for a job in its New York branch. In 2006, the highest salary offered was $152,000.
In sheer percentage terms, domestic salaries have recorded an increase of 100% this year. Again, the highest offer is by an investment bank - Rs. 43 lakhs.
Besides fat pay checks, the IIM-C students this year have also been offered great positions - for the first time in history, Indian b-school students have been offered the post of associates. This brings the IIM students at par with graduates from Harvard, Stanford and Wharton.
Companies which visited the IIM-C campus for placement this year included:
Mc Kinsey, Boston Consulting Group (BCG), AT Kearney, Optiver, Barclays Capital, Deutsche Bank, Merrill Lynch, UBS, CIC, Value Partners, JP Morgan Chase, BNP Paribas and the Sun Group.
(source: Hindustan Times)
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