Because there are more than 1.38 billion people living in this nation, the competition for available employment is usually quite severe. However, Indian businesses are beginning to place a greater emphasis on recruiting and maintaining foreign employees who possess talents that are in high demand. India is the biggest democracy in the world, and its economy is the fifth fastest growing in the world. You dont need to shift to study in the UK or USA to get the quality education. Its rising consumer market, coupled with higher levels of digitalization, has created the circumstances for an exciting future in both the public and commercial sectors.
1. IIM Calcutta
IIM Calcutta has announced that it has successfully completed its final placement process for the class of 2022, with an all-time high Average Salary of Rs. 34.20 LPA for its biggest batch of 465 participating students who received offers from 190 recruiters. Once again, the consulting industry has taken the greatest share of recruiting, this time with a contribution of 49% in placements. The most successful recruiters were found to be Accenture Strategy and the Boston Consulting Group, as well as EY, Bain & Company, and HUL. Its masters in finance is at par with Masters in finance in Europe.
2. FMS Delhi
FMS Delhi has successfully completed its 100% Placement 2022 for its MBA 2020-22 batch with the highest ever average compensation. This year, the average income has increased by 24% to Rs.32.4 LPA from Rs.26.2 LPA in the previous year, while the median salary has increased by 25% to Rs.30 LPA. Each of the 257 students who participated in the programme was offered a lucrative placement position with a prestigious company, like as Accenture, Amazon, Bain & Co., BCG, ITC, Kearney, Microsoft, or Standard Chartered, among others.
3. SPJIMR Mumbai
Final Placements for the PGDM Class of 2022 at SPJIMR Mumbai were successfully concluded in a record number of process hours with the involvement of 70 prominent recruiters. The increase in SPJIMR’s average annual income for placements in 2022 is 23%, bringing it up to Rs. 32.05 Lakhs. This puts SPJIMR in the same category as the top IIMs. PPOs were granted to 52% of those in the batch. Accenture, Bain & Co., BCG, and KPMG are just some of the companies that are making significant hires, helping to propel the consulting industry to the top of the recruitment sector with a share of 38%.
4. IIM Kozhikode
IIM Kozhikode has seen a 31.3% increase in their average remuneration, which is now at Rs.29.5 LPA for their Placement 2022. IIMK was able to successfully complete its final Placement 2022 with a 58% increase in the number of offers received in the Consulting sector for the batch of 546 students. The placement drive was finished in only three days, and all positions were filled. 116 different recruiters, including 39 new recruiters, presented the students with job offers.
5. JBIMS Mumbai
The final placement for Jamnalal Bajaj Institute of Management Studies (JBIMS) students in Mumbai The 2022 season has come to a close with a placement rate of one hundred percent and an increase of nineteen percent in the average income, which is now Rs. 27.63 LPA, up from Rs. 23.16 LPA the year before. The consulting industry had the most available jobs (39%), followed by the financial services and investment banking industry (36%). The most successful recruiters were found to be from Accenture, Udaan, Colgate, D.E. Shaw, and PwC.
6. MDI Gurgaon
One of the most prestigious business schools in India, MDI Gurgaon, just completed its placement 2022 with a 15% increase in the average wage, which is now Rs.26.65 LPA for PGDM and PGDM-IB graduates, up from Rs.23.15 LPA before. The information technology and operations sector provided the highest income, coming in at 1.14 crores and showing an increase of 159% from the previous year. Amazon, Deloitte, PwC, Cognizant, and ICICI Bank emerged as the top recruiters out of the total of 87 that took part in placement 2022.
7. SJMSoM IIT Bombay
In spite of the widespread Covid infection, SJMSOM – IIT Bombay was able to finish MBA Placement 2022 with a success rate of 100% placements and an increase of 18.1% in average wage. The highest compensation in placement 2022 has climbed to Rs.49LPA, up from Rs.32 LPA the previous year. This is despite the fact that the average income has increased to Rs.25.93 LPA from Rs.21.96 LPA in the previous year. The top recruiters included companies such as Accenture, JPMC, KPMG, Deloitte, PwC, and Amazon, amongst others.
The level of hiring activity in India has been on an upward growth trend, with a record 22 percent year-on-year gain in June 2022 compared to the same month of the previous year. Despite concerns about a recession, the employment market is still “red hot,” even if the Great Resignation is still going on. Conditions that are advantageous to employees include the continuation of extraordinarily high levels of job vacancies and voluntary departures while simultaneously approaching record low levels of layoffs.
Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management
degree from ESCP Europe. He started his first company while he was still studying at ESCP,
and managed to scale it up by 400% in just 2 years.
Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in
touch with schools and get their application queries resolved. This prompted him to create
MiM-Essay, a one-of-a-kind portal with cutting-edge profile evaluation and school selection
algorithms, along with several avenues to stay informed about