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What is the max and min salary offered at IIM Ranchi? Is it worth leaving a job of 9 lakhs CTC and joining the college?

PT
Pragya Tripathi Posted On : January 19th, 2023
Data Scientist

If you are considering studying finance, it is not recommended to do so solely for the purpose of earning a high salary. Students who have graduated from newer Indian Institute of Management (IIM) programs, including the one in Ranchi, have reportedly obtained jobs with salaries ranging from 9-20 lakhs per year, with a median of around 10 lakhs per year. However, it is important to genuinely enjoy the field of study rather than just being attracted to it for financial reasons. 

It is also worth noting that as you progress in your career, you may eventually take on managerial responsibilities regardless of your field of study. If you are unsure about your interest in finance, you may want to try taking an introductory course on Coursera to see if it is something you truly enjoy.

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What is the average salary paid by MBB in IIM Ahmedabad?

AC
Ajay Chandra Posted On : November 24th, 2022
Studied at Indian Institute of Management Ahmedabad (Graduated 2021)

IIM Ahmedabad has seen some of the most reputed recruiters over the years one of them being MBB (McKinsey Bain and BCG).

In IIM Ahmedabad ? batch takes consulting and MBB is the largest recruiter among them.

Average Salary: INR 35 LP for associate position (also a bonus of 15-25 percent).

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What is average package for JBIMS operations?

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Tej Rajani Posted On : February 21st, 2023
Former Business Operations Associate at ZS Associates (company) (2019–2020)

The company does not reveal specified placement data for particular domains. But the average package at JBIMS for this year is INR 27.63 LPA. I can also enlighten you on the kind of roles students from JBIMS Operations are hired in and you can conclude on the basis of your expectations whether the goals are at par with your expectations or not.

JBIMS Operations provides options for various sectors like IT, Finance, Consulting, Manufacturing, etc. Some major companies that offer the best roles are

  • Accenture Strategy
  • Mckinsey
  • BCG
  • HSBC (Operations)
  • Crompton Greaves
  • TCS
  • Infosys

Companies like Mahindra and Cipla offer roles in General Management. One can easily infer that the roles offered at JBIMS are very similar to those offered at the top B schools throughout the country. Concludingly, the average package is also expected to be fairly good at 

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What are the in-hand salary figures of IIM Raipur graduates?

IM
Ishika Malhotra Posted On : February 6th, 2023
PGDM from Indian Institute of Management Raipur (Graduated 2015)

IIM Raipur boasts a diverse range of graduate classes with variations both within and among batches. The inter-batch variation is primarily caused by the dependence on corporates, with the first 4-5 batches displaying a slight variation. Intra-batch variation, on the other hand, is a result of factors such as previous experience, the domain of choice, and interview performance among students. 

The campus placements at IIM Raipur are noteworthy, with a good variety of offers made concerning different functions. The strongest pool of recruiters came from the Analytics and Consulting sector, with an average salary of Rs 18.15 LPA and a high-end compensation of Rs 32.21 LPA. Additionally, IIM Raipur effectively retained all major recruiters and attracted many new recruiters. Sales and Marketing came in second, with an average salary of Rs 17.48 LPA and the highest salary of Rs 31.90 LPA. Financial Management & Operations followed, with average offers of Rs 16.72 LPA and Rs 18.64 LPA, respectively. Students were also offered General management roles, with an average salary of Rs 16.29 LPA.

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What is the average salary per month that an IIM/SPJIMR Passout get in Dubai?

HN
Hardik Nagar Posted On : March 13th, 2023
Lives in Mumbai, Maharashtra, India

The average salary for an IIM/SPJIMR pass out in Dubai would depend on various factors such as the specific job role, the industry, the candidate's work experience, and the company's size and reputation. It is also worth noting that salaries can vary significantly based on the location, with salaries typically being higher in larger cities such as Dubai.

According to previous years' placement data, IIMs and SPJIMR graduates have received lucrative job offers from top companies in Dubai in various fields such as finance, consulting, marketing, and operations. The salaries offered have ranged from INR 50 lakh per annum to INR 1 crore per annum.

Again, it is important to note that these figures are from past years, and the current placement data could be different. It is recommended to visit the official websites of the respective institutes for the most recent placement information. Additionally, it is essential to conduct independent research and consult with industry professionals to get a more accurate understanding of the salary prospects in Dubai.

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How much is the salary after graduating in Germany?

AJ
Ankit Jain Posted On : December 26th, 2022
Senior Software Engineer at Various

The average annual salary after a bachelor’s degree in Germany is reportedly 49,000 EUR (43.06 lakhs INR). After completing a master’s degree in Germany you can expect an average salary of 57,000 EUR (50 lakhs INR) per annum.

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How are HR summer placements at MDI Gurgaon? What is the average stipend received and what are the profiles offered?

SS
Shivank Shukla Posted On : February 23rd, 2023
Studied MBA in Marketing & Operations at Management Development Institute, Gurgaon (Graduated 2017)

You will be glad to know that the MDI HR batch gets placed much earlier than PGDM. This is because the batch is smaller than the number of visiting companies and hence all the students are placed within no time.

My friend was in MDI Gurgaon HR program and shared the summer placements scenario with me. Packages: 58 students were offered decent packages with the Highest CTC standing at INR 35.57 LPA. In fact the last candidate also got 85000/- month. 

Profiles: Profiles vary from consultants to Corporate HR and Plant HR roles. Around 30 students are placed in consultant roles.

Companies visited: The big names that visited MDI Gurgaon for HR placements were Aditya Birla Group, Google, JSW Group, Accenture Strategy, AON Consulting, Deloitte USI, Dr. Reddy’s Laboratories, Flipkart, Mahindra & Mahindra, PhonePe & PwC US Advisory.

All the top B-School competitions for HR are open for 3 colleges only namely Xl, TISS, and MDI. MDI students have won many such competitions and shone the name of the institute. Without any doubt it is one of the best B Schools in the country and its placements are a testament to that.

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Is the salary in Hong Kong high?

VS
Virender Singh Posted On : December 29th, 2022
Studied at State University of New York at Purchase

The average salary in Hong Kong is reportedly 382,000 HKD (40.55 lakhs INR) per annum. According to experts, this amount is quite satisfactory to live a healthy lifestyle in Hong Kong. A few of the top professions in Hong Kong and their respective average salaries are as follows:

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What will be the TCS package while joining from LWP (leave without pay) after doing an MBA from the new IIMs (Raipur, Udaipur, Kashipur etc.) with prior experience of 29 months in the TCS?

PK
Prince Kumar Posted On : January 6th, 2023
MBA in Operations Management

A person joining TCS after completing an MBA from the new IIMs with a prior work experience of more than 2 years will earn around 8 - 10 LPA. The consulting roles usually offer a salary package of around 8 LPA at TCS to a B School graduate. But your prior experience and performance with TCS might also affect your package with an increase of up to 10 LPA (maximum).

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How much do IIM Ahmedabad graduates in Goldman Sachs get paid?

AS
Amul Kumar Saha Posted On : December 13th, 2022
Studied at Indian Institute of Management, Ahmedabad (Graduated 2020)

The question is vague as your salary depends on:

  • Title

  • Department 

  • Performance 

The estimated figures are - Finance Executive at Goldman Sachs - 22.1 Lakhs per Annum. Financial Analyst at Goldman Sachs - 9.0 Lakhs per Annum.

There is no fixed salary for an IIM Ahmedabad in Goldman Sachs.

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