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Rs 12.02 Lakh Average Salary (Domestic & International): Great Lakes 2015 MBA Placements

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Great Lakes Institute of Management, has published the placement data for the MBA (One year Full Time PGPM) Class of 2015. As per Great Lakes, the 11th batch of PGPM witnessed the best ever placement season.

Top recruiters such as Accenture, Airtel, Cognizant, Deloitte, Dell, Genpact, Dunia Finance, HCL, KPMG, MuSigma, Snapdeal, TCS, Universal Consulting, Wipro, ZS Associates recruited students in large numbers, while Amazon India made the highest offer.

The Average CTC increased from Rs 11.43 lakh last year to Rs. 12.02 lakh this year and all 371 students participating in the placement process secured placement offers. The average salary figure of Rs 12.02 lakh has been calculated on the basis of both domestic and international offers.

While the interim placement report released by Great Lakes talked of a Rs 51 lakh highest salary offer made by Amazon India (whether this was a domestic salary in Rupees or an international offer in dollars was not specified) this data seems to have been dropped in the final placement report. It’s not clear whether the highest salary data has been dropped at the behest of Amazon (many companies prefer to keep their salary data private) or for some other reason.  

KEY HIGHLIGHTS

  • A diverse set of companies across IT/ITES, Consulting, E-Commerce, Analytics, Telecom, Financial Services, Manufacturing participated in placements 
  • Maximum profiles were offered in Sales & Marketing (32%) followed by Technology Consulting (31%) and Business Consulting (15%)
  • Average CTC offered for the Class of 2015 is of INR 12.02 lakhs p.a. (average of domestic & international offers)
  • Median CTC offered for the Class of 2015 is of INR 11.50 lakhs p.a.
  • Highest offer made by Amazon India

Sales & Marketing was the top function of choice with 32% of the batch taking up profiles in the area followed by Technology Consulting (31%) and Business Consulting (15%).

Sales & Marketing roles were offered by IT/ITES, E-commerce, Telecom and BFSI firms like Airtel, Mogae Media, Cognizant Technology, Snapdeal, TCS, Photon Infotech, Interakt, TVS Logistics, HCL Talentcare, GAEA Technologies among others.

Techno-Functional/ Consulting roles were offered by firms like Amazon, ITC Infotech, Cognizant, Vitrusa, Wipro, Accenture, Photon Infotech, Infosys, TCS, L&T Infotech.

INDUSTRY DISTRIBUTION

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FUNCTION DISTRIBUTION

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While IT/ITES and Consulting remained the top recruiting areas with almost all large companies participating in the process, emerging areas like Analytics and E-Commerce saw many new roles being offered by major recruiters like Blue Ocean, LatentView, Musigma, Amazon, Caratlane, Indiaproperty.com, Matrimony and Snapdeal.

Speaking about the placements this year, Mr. R. Shreenath, Director – Corporate & Career Services of Great Lakes Institute of Management, said, “We are very happy with the response we have received from the corporates with a larger and more diverse base of recruiters than ever before. This is 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 years to come”.

LIST OF RECRUITERS*

BFSI

Bank of America Dunia Finance HSBC Technologies
Credit Mantri eInfochips iNautix
DCM Shriram Hansacequity Scope International

Consulting

Cognizant Business Consulting People Matters Universal Consulting
Deloitte US Prakash Kochar Virtusa
KPMG Syncore Consulting ZS Associates
Mafoi Strategy    

Internet Business/ e-commerce

Amazon Indiaproperty.com Snapdeal
Caratlane Matrimony.com  

IT/ITES

Accenture HCL Technologies Mindtree
Alliance Global Services iKen Solution Photon Infotech
Changepond IMaCS ZickPick.com
Cognizant Technologies Solution Infosys Rapid Value
Crayon Data Infotrellis Secova
Dell Interakt Saksoft
Fresh Desk ITC Infotech Sutherland Global Services
FSS Kaar Technologies Tata Consultancy Services
GAEA Technologies KPIT Technologies TCS BPO
Genpact L & T Infotech Wipro
HCL Talentcare Maveric Systems Zycus

Market Research Analytics

Blue Ocean LatentView Musigma
Infiniti Research    

Telecom

Airtel Lava International Mauj Mobile

Others

Amrita Group Mogae Media True Value Housing
Galaxy Surfactants Natural Remedies TVS Logistics
Greenlam Industries Next Education VBHC
LeitnerShriram    

* Partial list. Students had sabbaticals from E&Y, L&T – Heavy Engineering, Mindtree, TCS, Wipro Technology.

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