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MBA Placements 2016: Find out the domestic, international and average package

Sep 16, 2016 17:09 IST
    MBA Placements 2016
    MBA Placements 2016

    In a major turn around the gloom and doom that dominated the MBA Placement season in last two year, the year 2016 has been surprisingly better. This year, the overall economic activity in India has seen an upward trend which has translated into improved placement trends for MBA graduates passing out of top B-schools in India. Be it the top tier IIMs or privately owned MBA institutes in India like MDI Gurgaon or IMT Ghaziabad; all top ranking B-schools have shown positive growth not only in the number of recruiters from different sectors participating in the placement sessions but also in the number of students being hired and even in the amount of placement packages being offered to them.

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    The MBA placement data 2016 with average, domestic and international package details; is available in the table below:

     

    MBA Placement Trends 2016

    S.No.

    College

    Highest Domestic Package

    Highest International Package

    Average Placement Package

    1

    FMS, Delhi

    Rs.66 lakhs PA

    Rs.1.05 Crore (USD150000)

    Rs.20.5 lakhs PA

    2

    IIM Ahmedabad

    Rs.48 lakhs PA

    Rs.1.02 crore (USD 153,568)

    Rs. 22.14 lakhs PA

    3

    XLRI, Jamshedpur

    Rs.40 lakhs PA

    NA

    Rs.18.5 lakhs PA

    4

    SPJIMR, Mumbai

    Rs.37 lakhs PA

    NA

    Rs.19.3 lakhs PA

    5

    IIM Shillong

    Rs.37 lakhs PA

    NA

    Rs.17.1 lakhs PA

    6

    MDI Gurgaon

    Rs.32.1 lakhs PA

    NA

    Rs.18.95 lakhs PA

    7

    IIM Indore

    Rs.32 lakhs PA

    Rs.30 lakhs

    Rs.15.67 lakhs PA

    8

    IIFT, Delhi & Kolkata

    Rs.29 lakhs PA

    Rs.1.05 crorers (USD 150000)

    Rs.18.01 lakhs PA

    9

    IMI New Delhi

    Rs.29 lakhs PA

    NA

    Rs.14.3 lakhs PA

    10

    JBIMS, Mumbai

    Rs.26 lakhs PA

    NA

    Rs.18.13 lakhs PA

    11

    IIM Ranchi

    Rs.25.5 lakhs

    Rs.55 lakhs

    Rs.15.14 lakhs

    12

    IIM Tiruchirappalli

    Rs.23.81 lakhs PA

    NA

    Rs.13.01 lakhs PA

    13

    IIM Kozhikode

    Rs.23.35 lakhs PA

    NA

    Rs.14 lakhs PA

    14

    IIM Kashipur

    Rs.21.79 lakhs PA

    Rs.53.75 lakhs

    Rs.12.02 lakhs PA

    15

    IIM Raipur

    Rs.21.50 lakhs PA

    Rs.30 lakhs

    Rs.12.51 lakhs PA

    16

    IIM Udaipur

    Rs.21.50 lakhs

    NA

    Rs.12.91 lakhs

    17

    FORE School of Management, New Delhi

    Rs.21 lakhs PA

    NA

    Rs.9 lakhs PA

    18

    IMT Ghaziabad

    Rs.21 lakhs PA

    NA

    Rs.10.8 lakhs PA

    19

    XIMB, Bhubaneshwar

    Rs.20 lakhs PA

    NA

    Rs.12.44 lakhs PA

    20

    IIM Rohtak

    Rs.18.30 lakhs PA

    NA

    Rs.11.78 lakhs PA

    21

    BIMTECH, Greater Noida

    Rs.12 lakhs PA

    Rs.26 lakhs PA

    Rs.7.35 lakhs PA

    22

    JIMS Rohini, Delhi

    Rs.12 lakhs PA

    NA

    Rs.5 lakhs PA

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    Some of the key insights that can be incurred from the MBA Placement Trends 2016 are:

    1. Increased demand for MBA graduates: Ditching the trend of last few years, the placement data for 2016 has shown increase in the demand for MBA graduates in the market. Be it university backed MBA programme degrees or PDGM, the demand for MBA students has clearly improved this year over the last two.

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    2. MBA graduates grab higher average salaries: One of the key highlights of the MBA placement trends 2016 has been the significant improvement in the average salaries being offered to the students. Compared to last few years, MBA students from top ranked B-schools in India have grabbed higher average salaries and better placement packages in 2016.

    3. Higher International Packages: Another interesting insight from the data is that, international recruiters are quite happy with India’s MBA graduates which have resulted into higher international packages for the students. The number of international employers participating in the placement sessions at top management colleges in India has also gone up significantly.

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    4. Slight drop in highest domestic packages: The only figure that was listed in negative in the MBA placement data for 2016 was the highest domestic packages offered to candidates. This year, the highest package offered to MBA graduates from top B-schools like IIMs, FMS and XLRI has seen a slight drop in the overall figures.

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