Way2Top

Foreign placements from IIMs surge 600%

“…Students at IIM-A and IIM-C were offered a total of 32 foreign placements in countries like US, European Union, Hong Kong, Singapore and mid-East this year as against a total foreign placement of just five last year.

Additionally, the pay-cheque being offered this year is impressive too, with maximum salary offered for foreign placement being $80,000 per annum to a student of IIM-C.

The highest domestic salary so far in the lateral placement is Rs 14.5 lakh per annum, which went to an IIM-A graduate. The laterals for any institute start much earlier than the finals since most of the placements are for middle and top management level and hence require longer duration…”

That’s impressive…Placement figures for ISB are expected to be out by the end of this month..

On the other side of the planet, more interesting things are happening. Read the following news article

Come home with US MBA & pay less.

“…A new scheme being devised by a number of America’s toniest business schools aims to do just that: a loan forgiveness programme specifically for students from emerging countries who want to return home and work, usually at pay scales much lower than the MBA average at such schools…”

Isn’t that encouraging? Definitely it will motivate more MBA aspirants to look up for American universities without financial fear…