A management student’s dream is to get admission in top management schools of IIM. But please spare me. This year top management schools like the top six IIMs (Ahmedabad, Bangalore, Calcutta, Kozhikode, Lucknow, and Indore) are experiencing a slight downfall. As compared to other B-schools who have noticed an increase in average salaries and campuses. B-schools Noticing Remarkable Change this Year.
B-schools like the Faculty of Management Studies, Indian Institute of Foreign Trade, Goa Institute of Management, IMI Delhi have showcased a great rise in placement in the cut-throat competition among the placements in the market. Companies are looking for good talent but along with that they are ought to get long-term benefits from the students who they recruit. Still, it was a bad year but still good at placement at some of the prominent B-schools.
B-schools who have noticed a slight rise
There are many B-schools who have noticed a slight rise in the average salary and the number of candidates offered a job. IIFT in Delhi this year noticed a slight change of 310 in comparison to the last two years. While the average salary offered to them is between ₹20.48 lakh per annum to ₹75 lakh. The average salary offered at FMS seen a great increase of around 11%.
Major recruiters like Arcesium, Johnson & Johnson, Reliance Industries, Diageo, HDFC, Cognizant, and JP Morgan ent for placement at B-school Goa Institute of Management. They have witnessed higher salaries and the number of companies visiting their campus has also increased.
Cognizant India chairman Ramkumar Ramamoorthy shared his views, “To compete
effectively in a world shaped by artificial intelligence, algorithms, bots…(companies needs) broader repertoire of skills that MBAs are well-suited for”. It is being said that bad times may bring potential in front of the companies. “Top talents are always in demand. It’s like a luxury market that is unaffected by economic swings. Organizations… have to win at the marketplace and therefore young and high-quality talent will be in demand,” said Pankaj Bansal, CEO, PeopleStrong.