Truth About IIM Inflated Placement Figures

[kartik]

Saral Mukherjee, Placement Chief at the IIM-A said, "The truth is that the readers are being fed garbage" said Saral Mukherjee, Placement Chief at IIM-A.

This year, it has been totally different scenario, as the average salary offered by international banks at the IIM campuses are in the range of Rs.12-20 lakh per annum, while that offered by private sector banks is at just over Rs.9 lakh for IIM graduates. The top 30 percent were offered packages of Rs.12-15 lakh, the next 40 percent get salaries in the range of Rs.8-12 lakh and the remaining 30 percent get offers between Rs.5-8 lakh.

Supporting the statement K Ramkumar, Executive Director at ICICI Bank said, "For a person with less than three years of experience, whoever is paying more than Rs 15 lakh is doing a disservice to their organization." ICICI Bank has picked up 50 students from various IIMs so far this year.

Most students as capable from the same institutes are stuck with 50k pm offers :SugarwareZ-064:

 

[kartik]

Recently received placement report of Media cell of IIM K :thumbsup:

Dear Kartik,

Greetings from Indian Institute of Management, Kozhikode!

We are pleased to announce the successful completion of our Final Placements for the 12th batch of IIM Kozhikode, the Class of 2010. Please find the release attached. Request you to ensure we have a good coverage of this release in any related news articles for the benefit of the stakeholders including the current students, recruiters and most importantly the upcoming batch of IIM-K to take an informed decision in terms of placements. The report is comprehensive in terms of content and context.

Thanks in advance for your kind cooperation. Kindly contact Chirantan Shah from Placements committee +91 953xxxxxxx or me for any clarifications.

Best Regards

Gaurav Luniya
Media Cell
IIM Kozhikode

 

[rj031086]

Supporting the statement K Ramkumar, Executive Director at ICICI Bank said, "For a person with less than three years of experience, whoever is paying more than Rs 15 lakh is doing a disservice to their organization." ICICI Bank has picked up 50 students from various IIMs so far this year.

Most students as capable from the same institutes are stuck with 50k pm offers :SugarwareZ-064:

I appreciate that he said that coz how cud a person with 2-3yrs exp gt a salary in crores no matter even if he is a genius. It simply means that for his 1 cr he'll get back 100 crores for company on joining. How cud companies have so much faith in dat !!! I really wonder...