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B-schools expecting 5-10% rise in pay packages this placement season

Profiles in analytics, data science, and consulting have improved over the past few years, thereby pushing up the annual CTC

JAMNALAL BAJAJ INSTITUTE OF MANAGEMENT STUDIES
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Jamnalal Bajaj Institute of Management Studies

Samreen AhmadAvishek RakshitNirmalya Behera Bengaluru | Kolkata | Bhubaneswar
With the final placement season kicking in, premier management institutes are anticipating a 5-10 per cent rise in packages on the back of improved job profiles.

Profiles in analytics, data science, and consulting have improved over the past few years, thereby pushing up the annual cost-to-company.

“We have been constantly improving the course to make the students industry ready,” said Uday Damodaran, chairperson-placements, XLRI-Xavier School of Management. The hike in packages is expected to hover around 5-10 per cent for the business school.

Sources at the Indian Institute of Foreign Trade (IIFT) also reiterated XLRI’s views that packages have risen