IIM Calcutta’s executive education program sees average salary go up by 11%
IIM Calcutta’s post-graduate program for executives for visionary leadership in manufacturing (PGPEX-VLM) has completed its final placements for its batch of 2013-14. The good news is that there is an 11 % increase in average salary and it has gone up to Rs 14.75 lakh, compared to Rs 13 lakh last year.
The highest salary bagged was Rs 22.5 lakh. Management consulting firms led the pack in terms of total hiring offers to the candidates, followed by automotive, general management, engineering and heavy engineering, infrastructure, supply chain, and IT.
The batch had 38 candidates, including six sponsored candidates. Consulting firms such as TCS, CGN Consulting, Valcon Management Consultants, Accenture and KPMG gave the maximum number of offers. The automotive domain was represented by the likes of Daimler, Renault Nissan, TVS, and Wheels India.
L&T and Crane Flow were the employers in the engineering and heavy engineering sector. Markets and Markets, Reliance Cement, Dr. Reddy’s Lab and ABB Global Services offered placements in the sectors of general management, infrastructure, supply chain, and IT respectively.
Partha Priya Datta the chairperson, PGPEX-VLM in a statement issued by the institute stated that Manufacturing is central to India’s economy and its long-term growth. It is a good news for the industry that the companies are increasingly realizing the significance of executive education in the manufacturing sector. This programme helps create a pool of change leaders who not only have the expertise in manufacturing but also develop an appreciation for the bigger role of manufacturing in the improvement of our country’s society, economy and environment.
Source- The Economic Times
ABB Global Services, Accenture, CGN Consulting, IIM Calcutta, KPMG, Markets and Markets, PGPEX-VLM, Reliance Cement, TCS, Valcon Management Consultants
