Factors usually are taken into account for short listing a good B-school includes placement, quality of faculty, quality of students, quality of infrastructure, industry brand image and strength and influence of alumni network. One of the major factors that a student usually searches for picking up their choice of B-school remains the “Placement Opportunities”. A large number of management institutes boast of a 100 percent placement record. With B-schools mushrooming all over India, these claims should not be taken at face value and should be scrutinised closely. While such claims may not be outright lies, they could be cleverly camouflaged by 'letting some students to opt out of placement process’. So to avoid such misunderstandings we present you some of the top MBA colleges in India that offer the best placements and obviously, people must be eager to join them!
1. Faculty of Management Studies (FMS), University of Delhi, Delhi
Considered to be the best Return on Investment B-school ,Placement 2016 at FMS Delhi saw the crossing of a barrier of Rs.20 lacs both in the median and average salary offered to its students while the highest salary went up to Rs 66 lacs!
2. Indian Institute of Management, Bangalore
More than 160 companies made 450 offers at IIM Bangalore final placement 2016 for the PGP 2014-16 programmes. The average annual salary of the 2014–16 postgraduate programmes went up by over Rs. 2 lacs compared to the previous batch in the final placements.
3. Indian Institute of Management, Ahmedabad
IIM Ahmedabad students of PGP 2014-16 batch have grabbed 39% higher International Package of Rs.1.02 crore as compared to last year which stood at Rs. 73.89 lacs. IIM Ahmedabad revealed that while there is a spurt in higher international packages, the domestic pay packages reduced by Rs. 5 lacs as the maximum domestic placement package in 2016 stood at Rs.48 lacs as compared to Rs.53 lacs in 2015.
4. Indian Institute of Management, Calcutta
The average domestic salary this year for the domestic segment was Rs. 16.4 lacs per annum. The highest domestic salary was in the range of Rs. 65-Rs. 70 lacs per annum, offered by a leading international investment bank. Also, Mckinsey offered the profile of an Associate to a student, which is higher than what is normally offered at IIMs.
5. XLRI Jamshedpur
Final Recruitment process at XLRI saw participation from 132 recruiters, inclusive of 36 first time recruiters making 386 offers for a batch of 361 students. The median salary offered to the batch is INR 18.00 lacs per annum while the average is INR 18.5 lacs per annum both an increase over last year.
6. Department of Management Studies, Indian Institute of Technology, Delhi
Department of Management Studies, IIT Delhi concluded final placement 2016 even as a total of 30 top companies offered multiple jobs to many passing out graduates at the campus. While the average annual domestic package for the students was Rs 12.6 lacs, the highest annual package stood as high as Rs 18 lacs, the institute said.
7. Indian Institute of Management, Lucknow
IIM Lucknow has achieved 100% placement in 3 days for the entire batch of 446 students in its final placement 2016. The highest domestic package was 32 lacs and the average salary being Rs 18 lacs.
8. Indian Institute of Management, Indore
Indian Institute of Management Indore has managed to achieve 100 percent placements for the PGDM batch. The average annual compensation offered in this function was INR 16.44L.
9. Indian Institute of Management, Kozhikode
Placement season 2016 at IIM Kozhikode continued the trend of increasing average salary being offered to the students at INR 17.1 lacs per annum, a growth of 12% from previous year
10. National Institute of Industrial Engineering, Mumbai
Placement season 2016 at NITIE Mumbai continued the trend of increasing average salary being offered to the students at INR 16.6 lacs per annum, and highest being 37 lacs.
11. Management Development Institute, Gurgaon
MDI Gurgaon reinforced its position as one of the premier business schools in the country as it completed its Final Placements for the batch of 2014-2016 in 3.5 days. Average package across the 3 courses saw a 13% increase over the previous year with the highest domestic compensation increasing by a remarkable 27.5% to INR 32.1 Lacs.
12. Shailesh J. Mehta School of Management, IIT Bombay
SJMSOM has completed final placements for the 2014-2016 batches with a top salary of Rs 27.5 lacs. Despite a 50% increase in batch strength, the average CTC increased to Rs 16.5 lacs this time from last year's average of Rs 16.2 lacs.
13. SP Jain Institute of Management and Research, Mumbai
SPJIMR, Mumbai the highly ranked B-school has maintained its record of being the first B-School to announce the closure of placements. The average salary at placement 2016 increased to 18.2 lacs, a substantial increase over the last year.
14. Indian Institute of Foreign Trade, Delhi
IIFT has achieved 100% placement 2016 in 7 days for a batch of 254 students out of which 4 have been offered a salary above Rs.1 crore per annum.
15. Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai
JBIMS Placement 2016 saw a substantial increase in average placement package to Rs.18.13 lacs from Rs. 17.42 lacs in 2015.
Article submitted by our Guest Writer and Intern, Manisha Choraria. Manisha is a graduate, full of enthusiasm. She loves writing and aspires to evolve as a good writer.