Consulting Outhiring Finance at Indian B-Schools
According to CoolAvenues.com, consulting is hiring more new Indian MBAs this year than is the usual leader, finance. In a generally sluggish MBA recruiting season in India, “The Boston Consulting Group and McKinsey & Co are on record hiring this placement season”:
• BCG, for example, fired 17 Indian Institute of Management Ahmedabad (IIMA) MBAs this year versus only 11 last year.
• McKinsey hired 17 graduates from Indian School of Business (ISB) Hyderabad as well as “good numbers” of IIMA MBAs.
• These firms are offering salaries between Rs 22 lakh (US$44,766) and Rs 27 lakh (US$54,944) for graduates taking jobs at their India offices.
Most Indian business schools will have concluded their 2012 recruiting/placement season by the first week of March, CoolAvenues.com reports.
Source: “B-Schools Final Placements 2012: Consulting cos leads the pack,” CoolAvenues.com, February 27, 2012.
This article was originally published on Paul Bodine’s blog. Paul is a graduate admissions consultant with over 13 years of experience, having helped hundreds of applicants get into their dream business, law, medical, and graduate schools. He has also published several books on graduate admissions.