Business Standard

Would you prefer a foreign offer to an Indian one?

Image

BS Reporter Mumbai
Would you prefer a foreign offer to an Indian one?
BS Reporter / Mumbai January 8, 2007
The Indian Institutes of Management (IIMs) are expecting the number of foreign offers to double this year and salary levels to shoot up by at least 20 per cent. IIM Bangalore has received 60 international offers so far and IIM Calcutta has received 93 foreign job offers which will see a significant rise with more companies still enquiring for final placements.The institute had placed 51 students abroad last year. 

Other B-schools in India are expecting a similar situation with job offers. Management Development Institute (MDI), Gurgaon, which placed 12 students abroad last year, is seeing a steep rise in the number of offers. However, Subir Verma, placement chairperson, MDI, predicts a new trend in receiving foreign offers.  The offers will definitely double but the acceptance level of the offers might come down. Students are no longer enamoured by the international offers. Only if the offer is good with a good pay packet and an exciting job profile would the student accept it,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 08 2007 | 1:45 PM IST

Explore News