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