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A starting salary of Rs 11 lakh!

BS Corporate Bureau in Mumbai | January 18, 2005 07:49 IST

Be it engineering or management, it seems IITians really know how to get all the top jobs.

The Shailesh J Mehta School of Management at IIT Mumbai completed its placement with 85 job offers being made for its 52 students.

What's more, the placement for the entire batch was completed in just eight hours.

With an average salary of Rs 7.43 lakh per annum and the highest domestic salary of Rs 11 lakh per year, the college is clearly in the big league.

The campus was visited by 74 companies such as IBM, Tata Strategic Management Group, JP Morgan Chase, SBI Caps, Ernst & Young, Godrej, e-Clerx, Cadbury, Marico, Citibank, Accenture, Infosys Technologies, Wipro, Bristlecone, Anand Group, Mahindra British Telecom.

The job profiles offered were well distributed across various verticals and functional areas.

Consulting profiles were offered by companies such as Tata Strategic Management Group, Accenture, Bristlecone, Avalon, Infosys Technologies, Ernst & Young, etc.

The information technology and information technology-enabled services sectors were accounted for by big names such as IBM, Oracle Corporation, Wipro, i-flex solutions, HCL, Patni Computers, e-Clerx, Evalueserve and Symphony Services India.

FMCG companies such as Marico, Godrej, Cadbury came to pick their share of the best. Banking and finance majors such as Citibank, GECIS, JP Morgan Chase, SBI Caps and SBI came calling too.

Automotive majors such as Tata Motors, Ashok Leyland, Anand Group and telecom companies such as Bharti Telecom, Idea Cellular, MBT, MAQ Software came in search for technology managers. Companies such as Nicholas Piramal, Lupin and Torrent represented the pharmaceutical sector.


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Number of User Comments: 8




Sub: No big deal

I feel that there is no big deal if the average salary is 7.3 lacs. The job market is pretty good today. Dont know about ...


Posted by DVnC





Sub: Gimmick , Lies and Publicity Stunts

The B-School salaries have now become a tool to fool the people (read the great HR managers).Technique simple, fudge the data (include CTC and training ...


Posted by Nipun





Sub: Great work SJMSOM

Great work SJMSOM 2nd year-ites. And miles to go for subsequent batches! Hope IIT B Schools create a helthy competition of providing best management education ...


Posted by Ranjit Goswami





Sub: Salaries at SCMHRD

At Symbiosis Centre for Management and Human Resource Development ( SCMHRD), Pune, this year, the highest salary that has been offered is Rs. 12 lacs ...


Posted by Ayan Datta





Sub: Whats so great about this? International students make more than that!

Hye, I dont say that IIT is not great but i would say its not getting its credit. Lets say if the average starting salary ...


Posted by Reality




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