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IIM salary offers on par with top B-schools in US
The Indian Institutes of Management (IIMs) at Ahmedabad, Bangalore and Calcutta have truly come of age. They are now directly competing with their counterparts in the US in terms of work profile and salaries offered.
Investment banks are today offering higher positions even to IIM freshers for the first time. Whats more is that these graduates are being offered salaries in the range of Rs 1 crore per annum, which is in line with the salaries offered to a graduate from a top B-school in the US.
Deutsche Bank has been the first to break the tradition across the three IIMs by offering the associate position instead of an analyst position to freshers and graduates with some experience. Their salaries match those of the associates recruited from any US B-school.
More : economictimes.indiatimes.com
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