IIM-C students see a dramatic jump in salaries after an MBA

IIM-C students see a dramatic jump in salaries after an MBA

  • All of IIM Calcutta’s MBAEx students were placed on the campus this year.
  • On domestic job roles, the highest offer extended was reportedly at ₹12.5 million.
  • The salary of the 2019 MBAEx batch recorded a 104% increase, in comparison to their pre-MBA salaries.
Indian Institute of Management (IIM) Calcutta announced 100% campus placement this year for its MBAEx, which is a full-time one year MBA program for experienced professionals.

And, they are drawing good salaries too. The average salary of the 2019 batch is 10% higher than the last. Amazon, Accenture, Swiggy, Sapient and Ford were some of the companies which hired the students.

On domestic job roles, the highest offer extended was at ₹12.5 million, which is 40% higher than last year’s highest salary.
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Salary Spike

The executive MBA programme allows students to transition to top management roles. It looks like their efforts have paid off. The salary packages they received are 104% higher than their pre-MBA salaries, NDTV reported citing an institute official.

"After spending close to 9 years in diverse domains, I was looking to fastrack my progression to top management. This course has been a transformative experience," Prashant Sharma, an MBAEx alumnus told NDTV.

Overall, it has been a good year for India’s B-school pass outs. Students of IIM Kozhikode, Indian Institute of Foreign Trade(IIFT) Delhi, Management Development Institute (MDI) Gurgaon reportedly received ₹ 2 million as starting pay, on an average.

The rise in pay could be due to companies striving to hire quality talent which they apparently find only at premium b-schools, said Ketan Kapoor, Co- founder, Mettl.

See also:
Consulting firms Accenture, BCG dominate campus placements at India’s B-schools this year

These core subjects are the biggest winners in IIT-Delhi's record campus placement season

India’s B-schools are seeing higher salary packages for graduates — and it’s not just IIMs