Final MBA placements of students of top management schools.

by Campusutra Online education -Best MBA Education Portal

Final MBA placements of students of top management schools, including some of the Indian Institutes of Management (IIMs) have started on a strong note, with some institutions even saying that they have completed placing all students ahead of time.

The B-schools said the average salary offered to its students and the number of offers has inched up this year, indicating better hiring sentiment at campuses. These schools said that consulting, information technology, and banking and financial sectors have shown greater interest in hiring from B-Schools.

The number of offers given to students of the Indian School of Business (ISB) went up by 46% compared with last year and some students have bagged up to three offers, it said.

“The average salary at ISB as of now is INR 25.08 lakh this season as against INR 23.4 lakh the previous placement season," said Chandan Chowdhury, associate dean at the B-school. ISB, in its two campuses at Hyderabad and Mohali, has 886 students, who got a total of 1,192 offers, said Chowdhury. About 92% of the students have accepted the job offers, while the others are waiting for better ones through a rolling campus placement process that continues till March, he said.

IIM Kozhikode has completed placing all its students, according to Debashish Chatterjee, the director of the institute. Consulting firms are the top recruiters at the campus this year, he said.

The institute witnessed a 16% increase in the average salary from last year. “The mean salary increased from INR 17.8 lakh per annum in 2018 to INR 20.6 lakh per annum in 2019. The top 50% of the students bagged an average salary of INR 23.73 lakh per annum," the B-school said.

At the Indian Institute of Foreign Trade, all 279 students were placed in 98 companies. The average remuneration at the Delhi-based institute had risen from INR 19.23 lakh per annum last year to INR 20.7 lakh per annum this year.