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What is the max and min salary offered at IIM Ranchi? Is it worth leaving a job of 9 lakhs CTC and joining the college?
If you are considering studying finance, it is not recommended to do so solely for the purpose of earning a high salary. Students who have graduated from newer Indian Institute of Management (IIM) programs, including the one in Ranchi, have reportedly obtained jobs with salaries ranging from 9-20 lakhs per year, with a median of around 10 lakhs per year. However, it is important to genuinely enjoy the field of study rather than just being attracted to it for financial reasons.
It is also worth noting that as you progress in your career, you may eventually take on managerial responsibilities regardless of your field of study. If you are unsure about your interest in finance, you may want to try taking an introductory course on Coursera to see if it is something you truly enjoy.
What is the highest package of IIM Udaipur?
Given below is the tabulated form of Placement Statistics of IIM Udaipur 2022
|
Particulars |
Statistics |
|
Placement Percentage |
100% |
|
Batch Size |
315 |
|
Number of students participating |
315 |
|
Number of recruiters |
184 |
|
Number of students placed |
315 |
|
Highest CTC |
INR 35.96 LPA |
|
Average CTC |
INR 19.5 LPA |
|
Median CTC |
INR 15.6 LPA |
So during the 2022 Final Placements, the highest CTC of INR 35.96 LPA was offered. Some major recruiters include
- American Express
- Asian Paints
- PwC
What are the median and average CTC figures for the PGPSM course at IIM Lucknow, Noida campus?
In the 2021 placement drive at IIM Lucknow, Noida Campus, more than 45 recruiters participated, of which over 25 were first-time recruiters, and approximately 29 students participated.
During the 2021 placement drive, the highest CTC was INR 27.5 LPA and the average CTC was INR 18.79 LPA, whereas the average top 10%, 25%, and 50% students were offered INR 25.6 LPA, INR 23 LPA, and INR 21.15 LPA, respectively, and the mean and median CTC were INR 18.21 LPA and INR 18 LPA. The placement drive was attended by top recruiters such as 1mg, EY, Accenture, BUHL, India Today, and Urban Company.
How much does a student earn in UAE?
While working part-time in UAE students may earn up to 15 to 20 AED (338 to 450 INR) per hour and 160 AED (3,600 INR) per month. To work part-time students must maintain a minimum GPA of 2.2 every semester. International students may work 15 hours to per week 60 hours per month during semesters. During holidays, the students may work 40 hours per week to 160 hours per month.
Is it worth pursuing an MBA from IIM Trichy? I am a business consultant making 6LPA now, so worried about the financial results from Tier 2 IIM.
Joining an IIM solely to get placed at a high-paying job is not the right perspective. A working professional should pursue an MBA to enhance his skills and acquire extra knowledge. You should be looking for the following in an MBA
- The new skills you will acquire
- Understanding of the new tactics of Businesses
- Learning the art of discipline and other work ethics
- Bonding with people from diverse cultures and hierarchies.
- Conducting case studies and broadening your problem solving skills.
Only if you value these aspects can IIM Trichy benefit you in any way. But if you focus just on ROI, it’s high time you target IIM A B and C only.
What is the median base salary offered in IIM Ahmedabad, Bangalore, Kolkata, Lucknow, Indore & Kozikode?
Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.
|
Institute |
Median Salary |
|
IIM Ahmedabad |
INR 31.49 LPA |
|
IIM Bangalore |
INR 31.20 LPA |
|
IIM Kolkata |
INR 31 LPA |
|
IIM Lucknow |
INR 29 LPA |
|
IIM Indore |
INR 24.09 LPA |
|
IIM Kozhikode |
INR 26.5 LPA |
The table above has tabulated the median CTCs of the institutes you asked for.
Which one is better if I like both of them equally, 31 LPA in a big product-based company or IIM Lucknow?
Many people in fact almost everyone going to say that a package of INR 31 LPA is a more glittering option than MBA at IIM Lucknow. However, I beg to differ. My opinion is based on the thinking that no matter how much you earn, an MBA is always a game changer. This is because you learn a lot in a classroom full of masterminds and the best professors than you do at work. Although you might be able to apply those skills only after a long time that’s the case with MBA, it does not give you short-term benefits, it provides long-term benefits. It ends up being the reason for your success and excellence.
MBA is not a specialization but rather a general course. It teaches everything in finance, accounting, and marketing. A successful leader requires basic knowledge of anything and everything which is possible through an MBA only. It will open gates for you to carbon black manufacturers, Steel manufacturers, and so on. You can plan your career after your MBA and climb the ladder slowly but swiftly. From a tech company to a core company to a banking sector, you can switch your posts depending on your interests.
Another major advantage of pursuing an MBA is making some great friends that will become great leaders and broaden your networks.
What is the expected ROI from IIM-Lucknow, other than networking and brand?
Don’t let people mislead you into believing that ROU is just a materialistic element and does not have much value. Once you are out of B-school you just want to have a financially stable life. The fees you have invested are much more than just fees. It is the skills, time, and foregone salaries of 2 years.
The jobs you land out of a B School are based on your past performance, especially during summer placements. In fact, many high-paying jobs in the B-school placement reports are Summer Internship PPOs.
IIM Lucknow is an outstanding institute considering the ROI aspect. Don’t let yourself into the delusion that MBA is for learning and not for money. If that were the case you would be better off doing a Ph.D. rather than a job.
What is the CTC of students in IIM Kashipur of a fresher with no work experience (approximately)?
You cannot exactly determine the average CTC of a fresher in IIM Kashipur. 150+ companies visited the campus for placements. Out of these, only a few had the criteria of minimum work experience and most of them granted the freshers equal opportunities.
The average of a fresher would not be much less compared to the average mentioned in the placement report ie., INR 15.21 LPA. Some of the freshers also grabbed PPOs/PPIs and didn't sit for Finals. So if you are a fresher, you can rest assured that it won’t affect your placement opportunities.
What will be the TCS package while joining from LWP (leave without pay) after doing an MBA from the new IIMs (Raipur, Udaipur, Kashipur etc.) with prior experience of 29 months in the TCS?
A person joining TCS after completing an MBA from the new IIMs with a prior work experience of more than 2 years will earn around 8 - 10 LPA. The consulting roles usually offer a salary package of around 8 LPA at TCS to a B School graduate. But your prior experience and performance with TCS might also affect your package with an increase of up to 10 LPA (maximum).
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