The interim campus placement for the one-year full-time MBA (PGPM) Class of 2020 at Great Lakes Institute of Management saw the average CTC (cost to company) go up to Rs 13.6 Lakh per Annum (LPA) and the highest domestic CTC at Rs 28.6 LPA.
The average post-MBA CTC was 2.64 times the pre-MBA CTC for PGPM Class of 2020, the school with campuses in Chennai and NCR Delhi said on its website. The highest domestic CTC offer of Rs 28.6 LPA was made by a multinational consulting firm.
Great Lakes PGPM Placement 2020 Sees Average CTC Go Up to Rs 13.6 LPA
Major recruiters at the placement included Ab-Inbev, Accenture Strategy, Aditya Birla Capital, ADP, Amazon, Cognizant, Dell, Deloitte, Decathlon, EY, Gartner, HCL, HSBC, HTC Global, Infosys, ITC Infotech, L&T Infotech, Magicbricks, Societe Generale, TCS, Zee Entertainment, ZoloStays and ZS Associates.
“Apart from the participation of top companies offering excellent roles, I am glad to see participation in some niche areas as well. We look forward to attracting more organizations from across the board, in-line with our new diversity initiatives, in the years to come,” Great Lakes Dean & Principal Dr Suresh Ramanathan said.
M Balaji, Group Director – Corporate & Career Services, said, “We are delighted with the placement outcome and the response received from the corporates. This is a testament to the confidence of our corporate partners in the quality of our graduates and we look forward to serving their talent needs in the future.”
Average Salary Bracket & Salary Range
While the top 10% was in the average salary bracket of Rs 20.1 lakh, the top 25% was in the salary bracket of Rs 7.3 lakh, top 25% at Rs 15.7 lakh and top 75% at Rs 14.6 lakh.
In salary range, 27% of the class was in the Rs 14-16 lakh, 26% in the Rs 12-14 lakh, 24% in Rs 10-12 lakh, 14% in more than Rs 16 lakh and 9% among those earning less than Rs 10 lakh.
- A number of companies across Analytics, BFSI, IT/ITES, Consulting, Digital, E-commerce, FMCG, Hospitality, Product were among the recruiters at the campus placement
- The biggest recruiters were Accenture Strategy & Technology, HCL, Deloitte US & India and ZS Associate
- Students were offered various roles in Analytics, BFSI, IT/ITES, Consulting, E-commerce, Technology Consulting, FMCG and Product.
Consulting topped domain-wise recruitment with Tech Consulting (29%) and Business Consulting (21%) firms contributing to a majority of the offers.
IT/ITES (29%) services firms came up with a significant number of the offers. Business Consulting rang up 21% of the offers.
Consumer and Retail notched up 4% followed by Analytics, Product, Digital & E-Commerce and BFSI (3% each). Others, including Manufacturing, Hospitality, Real Estate, Entertainment and Sports accounted for 5%.
Recruiters in the Consulting sector were Accenture Strategy, Cartesian, Crayon Data, Deloitte US, Deloitte India, EY, Gartner, IPAC, Netcore, Tiger Analytics, ZS Associates. BFSI sector saw HSBC Technologies, Aditya Birla Capital and Societe Generale.
Digital/E-Commerce recruiters were Amazon, eClerx, Magicbricks, Moglix, Social Beat, ZoloStays. IT/ITES firms included Accenture Technology, Cognizant, Forsys, GAEA Global, GAVS, HCL, Hexaware, HTC Global, Infosys, ITC Infotech, L & T Infotech, Mindtree, NSEIT, TCS, and Virtusa.
Recruiters in Product were ADP, CAMS, Dell, Vivo – Fangs Technology, Next Education. In Others (FMCG, Manufacturing, Media, Retail, Real Estate, Sports), the firms included AbInbev, Decathlon, KALS Group, Ninjacart, Schindler, Sobha Realty, Zee Entertainment and Ultramarine.
The institute said it was an interim placement report and the list of participating. companies was partial. The CTC includes fixed salary, variable incentives and benefits. The emoluments of students on sabbatical returning to their firms were not taken into consideration.
Tech Consulting accounted for 41% followed by 20% Business & Strategy Consulting (20%), Sales & Marketing and Analytics (12% each), General Management (5%), Finance and Operations (4% each) and Product & Project Management (2%).
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