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It seems like executive MBA courses at leading business schools across the country are attracting popular recruiters. The recent placement numbers of top b-schools clearly indicate that the companies are keen to hire professionals with varied work experience. For instance, the average salary offered to executive management programme graduates at top B-Schools such as XLRI, IIM Calcutta, IIM Bangalore, IIM Indore etc., is Rs. 18 lakh per annum. The highest salary offered to executive graduates of these institutes is up to Rs. 90 lakh per annum.
One of the major reasons for the greater demand for executive management programme graduates is robust work experience and rigorous management education. As far as the large organisations are concerned, students are typically recruited for the mid-management level positions while smaller organisations prefer recruiting executive management programme graduates for senior level roles.
Executive MBA Placement Trends in Popular B-Schools:
The mean salary offered to an EPGP graduate of IIM Bangalore in the recent placements was Rs. 23 lakh per annum. Flipkart, Indian Ports Association and Accenture were the top recruiters on the campus.
Chairperson of EPGP at IIM Indore, Ashish Sadh revealed that the executive course is slowly gaining momentum in India, as alumni network becomes stronger and the awareness about the programmes increases with regards to the industry. Compared to the previous year, IIM Indore witnessed newer and higher recruiters turned up for placements this year. Students were offered better roles and responsibilities, he added.
The average salary offered to IIM Indore EPGP graduates has increased. This year, Bajaj Allianz, Oyo Rooms, Oracle, Michael Page, PwC and KPMG. At IIM Calcutta, Rivigo, Axis Bank and PwC were new recruiters.
Surge in Salaries for Executive MBA Graduates:
At IIM Calcutta, the highest salary offered to one-year PGPEX course graduates 2017-18 was Rs. 89.25 lakh per annum. The average salary offered was Rs. 24.25 lakh per annum. The total number of recruiters who participated in the PGPEX placements this year was 78. IT service firms were the major recruiters while e-commerce was the second major recruiter.
At IIM Indore, the highest salary offered EPGP graduate this year was Rs. 65 lakh per annum. A reputed global company, Drew Marine made this lucrative offer. The average salary offered by some of the top companies stood at Rs. 20 lakh per annum. Accenture dominated the placements by recruiting seven candidates.
Apart from IIMs, XLRI also recorded growth in placements of 15-month PGDM course. Accenture offered the highest annual salary package of Rs. 28 lakh apart from being a top recruiter this year.
Gurgaon-based Great Lakes Institute of Management recorded a surge in the number of companies participated in the placements this year. The popular recruiters visited the campus were FoodPanda, Expedia, MuSigma, Virtusa Polaris, Hexaware, Cognizant, EY, KPMG, Deloitte, Aditya Birla and American Express. The average salary offered by these companies was Rs. 11.14 lakh per annum and the highest annual package was Rs. 18 lakh per annum. Deloitte emerged as the largest recruiter with 19 offers.
SP Jain Institute of Management Research – Mumbai is yet to commence the placements. The 2017 batch recorded 100% placements. The highest salary offered was Rs. 28.58 lakh per annum while the average salary was Rs. 18 lakh per annum.