Monday, October 22, 2007
Top bschool grads prefer foreign companies
Not that it comes as a big surprise but Business Standard reports:
With salaries nearly double than those of domestic firms, foreign companies such as McKinsey, Accenture, Nokia, Barclays Bank, Deutsche Bank and Google have taken over the list of leading recruiters of management students graduating from institutes like IIMs, XLRI and FMS Delhi.
But here's a surprise:
However, the talent management acquisition arm of India’s leading corporate house Tata Group TAS has managed to break into the dominance of foreign firms by notching up the third position in the list of the top ten most preferred recruiters this year... TAS has been ranked even ahead of global investment banking giant Goldman Sachs and FMCG major Procter and Gamble (P&G), according to AC Nielsen Campustrack Survey 2007.
TAS was once a much preferred option for elite bschool grads. After suffering a decline in popularity, TAS has once again gained stature in recent years.
Another interesting finding of the survey: IIM students’ average salary expectation is close to Rs 19 lakh, up 30 per from last year (!)
While they expect an average package of Rs 14.2 lakh from domestic companies, the figures double to about Rs 27.4 lakh when it comes to foreign firms.
No wonder so few Indian firms are in their radar...!
With salaries nearly double than those of domestic firms, foreign companies such as McKinsey, Accenture, Nokia, Barclays Bank, Deutsche Bank and Google have taken over the list of leading recruiters of management students graduating from institutes like IIMs, XLRI and FMS Delhi.
But here's a surprise:
However, the talent management acquisition arm of India’s leading corporate house Tata Group TAS has managed to break into the dominance of foreign firms by notching up the third position in the list of the top ten most preferred recruiters this year... TAS has been ranked even ahead of global investment banking giant Goldman Sachs and FMCG major Procter and Gamble (P&G), according to AC Nielsen Campustrack Survey 2007.
TAS was once a much preferred option for elite bschool grads. After suffering a decline in popularity, TAS has once again gained stature in recent years.
Another interesting finding of the survey: IIM students’ average salary expectation is close to Rs 19 lakh, up 30 per from last year (!)
While they expect an average package of Rs 14.2 lakh from domestic companies, the figures double to about Rs 27.4 lakh when it comes to foreign firms.
No wonder so few Indian firms are in their radar...!
Labels: IIM, MBA salaries
Subscribe to Posts [Atom]