While the average salary is around Rs 11 lakh (although all offer letters are not in, this is the ballpark estimated by SPJIMR), the highest domestic salary offered is over Rs 19 lakh (by GE Commercial Finance). ICICI Bank, First Gulf Bank and many others offered international postings. The highest international offer was for £ 43,000 by ICICI for a treasury position in the UK.
One trend this time has been the shooting up of the average domestic salary offered for the management trainee profiles: it has touched Rs 12 lakh!
And yet another trend has been the creation of ‘specialized profiles’: companies like Accenture, P&G, Asian Paints, BNP Paribas, CSC, Capgemini Consulting, Citibank, Colgate Palmolive, Cadbury, Deutsche Bank, GE India, Goldman Sachs, Motorola, IBM, ICICI Bank, Intel, ITC, Lehman Brothers, Nestle, Deloitte, RPG, Oracle, SAP, TAS, TSMG, Standard Chartered etc offered specialized profiles to students, going by their areas of interest. Students had 4 offers to consider on an average – in some cases, the choice-set hit 10!
Participants had undertaken a two-month autumn stint (like an internship) with various companies from September to November 2006 as part of their course. As many as 55 pre-placement offers were made out of which 45 were accepted. This year’s placement process also saw more than 160 lateral offers generated for 65 candidates.
Companies like J M Morgan Stanley, Motorola, Enam, J&J Consumer, ABN Amro Bank, Cypress Semiconductors, Halcyon, IDFC, Price Waterhouse Coopers, J&J Medical, Feedback Ventures, Deutsche Equities, Honeywell Technologies, Sabre Capital, Yes Bank and Avendus Advisors have been first-time recruiters this year.
Bharatiya Vidya Bhavan's SPJIMR is rated among the top B-schools in the country. It was inaugurated in 1981 by then British Prime Minister Rt. Hon'ble Margaret Thatcher. The guiding philosophy of SPJIMR is influencing practice -- here and now -- and promoting value-based growth.
