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The average domestic salary of top graduates of leading B-schools increased 10 per cent this year compared to last year, a study conducted by Association of Chambers of Commerce said.
The highest growth of 21 per cent was shown by Pune’s Symbiosis Institute of Management followed by Indian Institute of Management, Indore with 20 per cent, the chamber said in a release.
The study tracked ten leading institutes - IMT-Ghaziabad, XLRI-Jamshedpur, FMS-Delhi, S P Jain-Mumbai, Symbiosis-Pune, Jamna Lal Bajaj Institute of Management-Mumbai, Indian Institute of Technology-Bombay and the three IIMs at Ahmedabad, Indore and Kozhikode.
The growth at IIM Ahmedabad was 12 per cent, Kozhikode 15 per cent and only 3.64 per cent at XLRI, it added.
At Symbiosis, the average salary this year was Rs 575,000, 100,000 more than that received by the class of 2004.
The highest domestic salary offered was Rs 900,000 while the highest international salary was $100,000 per year.
At Indore, the average package rose to Rs 790,000 compared to Rs 665,000 a year ago while at Kozhikode it was Rs 10.15 lakh (Rs 1 million). The average at FMS-Delhi jumped 15 per cent to Rs 810,000 against Rs 704,000 last year and at IIT-Bombay it grew 17 per cent to Rs 743,000, the chamber said.
(PTI)
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