Strategy consulting and finance continue to be the most sought-after roles followed by general management and marketing for management courses. Engineering and technology emerged as the top recruiter in IITs. In 2017-18, the number of colleges and universities in India had reached 39,050 and 903, respectively. Around 36.64 million students have enrolled in higher education for the year 2017-18 in India.
Around 36.64 million students have enrolled in higher education for the year 2017-18 in India
Overview of Placements in Business-Schools
Indian School of Business (ISB), Hyderabad ranked 24 by Global MBA Ranking 2019, has seen an exceptional response from the recruiters in the placement process this year. ISB has seen the companies from the sectors such as Consulting, IT/ ITES, E-Commerce and BFSI which have made 1194 offers in the very 1st week in comparison to 1136 overall offers in 2018. The average CTC offered is ₹ 25.06 LPA. There is an increase of 29 percent in the number of companies in 1st week of placements. The companies that topped the list are Deloitte, Accenture & Amazon.
IIM-Bangalore, ranked 33 by Global MBA Ranking 2019, has seen excellent response from the recruiters for this year placement season. Professor Ganesh N Prabhu, Chair, Career Development Services, IIM Bangalore said that the lateral and final placements for the PGP class of 2017-19 of the IIM-B saw 488 offers, leading to all 411 students who appeared for placements being placed over two interview days.
Consulting companies made 161 offers led by Accenture followed by Deloitte. There were 23 offers in the technology consulting domain. There were 54 offers overall in the Finance domain.
Overview of Placements in IITs
Indian Institute of Technology (IIT) Bombay, ranked 1 by QS India Rankings 2019, has a track record of excellent placements. According to the latest information, 1,270 jobs were offered by various companies out of which students accepted 1,122 offers. This year, the average salary offered was ₹ 17.75 lakh which is highest than the last year.
Indian Institute of Technology (IIT) Madras, ranked 3 by QS India Rankings 2019, witnessed the highest number of job offers made in its history in first phase of placement season this year. So far 888 offers were made from 195 companies, including the 136 pre-placement offers, now the total number of offers stands at 1,024. Some of the top recruiters include Micron Technology, Intel Technology India, Microsoft, Citibank, etc.
Placement Scenario in other colleges in 2019
Indian Institute of Science (IISC) Bangalore, ranked 2 by QS India Rankings 2019, is the reputed college for engineering and science studies. The 2018-2019 batch secured minimum package of around 10 LPA and the maximum package of more than 40 LPA. Some of the top recruiters are Bharat Petroleum, Amazon, Hindustan Petroleum, EXIDE, Oracle, etc.
Excellent placement results are found in other IIMs, IITs, and NITs like NIT-Rourkela, NIT-Warangal, etc. Among government universities excellent results are found in University of Hyderabad, University of Delhi, Banaras Hindu University, Anna University, etc. Among private institutions, Amity University, Vellore Institute of Technology (VIT), Manipal Academy of Higher Education, etc have performed better.
The National Law School of India University (NLSIU), Bangalore which is the top institute for Law courses has an excellent track record of placements. The salaries on offer are estimated to be around ₹ 14 LPA, with a performance bonus of ₹ 1-2 lakh, depending on the firm. Among Arts colleges, Lady Shri Ram College for Women, New Delhi has again reported extraordinary placement results.
V. Usha Kiran, Director, Directorate of Placements for Osmania University, Hyderabad says that starting from the induction till final placement we monitor the performance of the students. Our process includes encouragement, motivation, career counseling, subject related training program, grooming session on communication skills & personality development. Expert Lectures are regular feature in all the departments.
In India on an average the different pay scale in various fields are in the following: