|
|
A survey of 759 graduating MBAs from 11 top U.S. business schools revealed that a company’s corporate social responsibility performance is a major factor when they select whom to work for, reports BusinessGreen.
The graduates expect to make an annual salary of $103,650 from their first employer, but 97 percent said they would be willing to sacrifice up to $15,000 to work for a company with an exemplary environmental performance, ethical business conduct and good employee and stakeholder relations.
The survey was conducted by David Montgomery of the Stanford University Graduate School of Business and Catherine Ramus of the University of California Santa Barbara. They used an anonymous online survey to limit bias in the survey.
Source : itbusinessedge.com
Tags: annual salary, Barbara, bias, BusinessGreen, California, california santa barbara, Catherine Ramus, com, company, corporate social responsibility, David Montgomery, employee, ethical business conduct, Graduate, graduate school of business, Great, MBA, MBAs, Northwest, online, online survey, percent, performance, Santa, School, stakeholder relations, stanford university graduate, stanford university graduate school, survey source, U.S., University, university of california santa barbara Posted in Admission Notice, MBA News | No Comments »
Students of the Indian School of Business (ISB), Hyderabad are set to give the IIMs a run for their money if the placement pattern for the current year is any indication. Barely three weeks after an IIM Ahmedabad student set a record by bagging an annual salary package of Rs 67 lakh, an ISB graduate broke the record by accepting a package from an international company for Rs 80 lakh.
The five-year-old ISB did not release the name of the student.
Its deputy dean Ajit Rangnekar said in a statement, “The placement results for 2005 have been phenomenal. The number of offers our students received this year jumped by 26%, with the number of international offers increasing by 55%. Consultancies were the biggest recruiters followed by information technology and financial services.”
Of the 273 students in the 2005 batch, 251 participated in the placement process. They received 344 offers, of which 333 were lateral and 31 international.
While there was a growth in international offers, the number of Indian companies offering international assignments too has gone up. Companies like Birlasoft, ITC Infotech, Satyam, Mindtree Consulting and RPG offered international positions to ISB students in countries like the UK, Australia, US and Singapore.
With a representation of 19%, ISB’s Class of 2005 had the highest number of women students across B-schools in the country. Out of the 52 women students in the class, 48 participated in the placement. The highest offer made to a woman this year was Rs 20 lakh, an increase of 53% compared to Rs 13 lakh in 2004.
Tags: Ahmedabad, Ajit Rangnekar, annual salary, Australia, b schools, Business, class of 2005, consultancies, consulting, country, deputy dean, Hyderabad, iim ahmedabad, IIMs, increase, Indian, indian school of business, indication, Information, information technology and financial services, international assignments, international positions, isb hyderabad, itc infotech, mindtree consulting, money, pattern, record, recruiters, representation, salary package, satyam, Singapore, Technology, U.S., UK, Woman, women students Posted in Keynote, MBA News | No Comments »
Kozhikode: students at the Indian Institute of Management Kozhikode (IIM-K) have been inundated with offers of lucrative employment this year. Abhilash Vijay Nair, offer wages higher so far in a Business School in the region: Buy. 16.67 lakhs per annum. Abhilash whose parents belong to Thiruvananthapuram, offering a financial services provider.
The offers, some of whom were students of this year, are attractive. On an average, each student has no less than 3.18 Tender (423 offers for 133 students).
Thus, more than 34 students have an annual salary of over RS. 10 lakhs each. Foreigners, offers further gr. 30.38 lakhs per annum. It comes from American technology, a company of information technology. Three students have received this offer. They are the USA, if it.
The offer is more likely foreigners up, as Singapore Airlines and Petrofac are yet to be landed on campus for recruitment.
The average salary offer to date was 24 percent compared to the previous year: RS. 7.3 lakhs a year after the RS. 9.02 lakhs per annum. The median wage is gr. 8.75 lakh per annum.
This year, 41 new companies have participated so far in hiring. Although 97 companies came to the placement, only 47 were taken in the last offer students.
Number of offers received
S.S.S. Kumar, president of the Institute of Investment, said in a press release that the increase in the number of offers per student was an expression of corporate culture in the world, demand for K - IIM graduates. In addition, stability in the past, returning to the institution and the development of new campus Recruiter pointed out that the high rates of IIM-K have been sustained.
Thirty-one percent of the batch of 133 students have opted for careers in IT / ITES sector. Se aware, the largest number of tenders (28) in this sector. The biggest offer in this sector has been the case 10.59 lakhs and the average size. 9.42 lakhs. Twenty percent of the lot hugs banks, insurance and financial services. The biggest offer in this sector has been the case 16.67 lakhs and the average size. 8.92 lakhs. The largest number of offers in this area was CitiFinancial and Icici Lombard (nine).
Another 20 per cent of students felt on marketing / FMCG sector. The biggest offer in this sector has been the case 8.5 lakhs and the average size. 8.22 lakhs. The largest number of offers in this area has been developed by a group of newspapers (11), followed by Bharti Tele-ventures (nine).
Twenty-three percent of the lot has decided to tender board sector.
The biggest offer in this sector was 11.5 lakhs case and the average size. 9.26 lakhs. The largest number of offers in this area has been Deloitte, Capgemini and IBM BCS (six).
Only six percent of the lots have found the general administration, the automotive industry and other industries attractive.
The biggest offer in this sector has been the case Rs 12.35 lakhs and the average. 9 lakhs. The largest number of offers in this area was Ril (nine).
Tags: american technology, annual salary, annum, average salary, campus recruiter, corporate culture, financial services provider, foreigners, iim k, indian institute of management, indian institute of management kozhikode, lakhs, lucrative employment, median wage, petrofac, s kumar, singapore airlines, size 9, vijay nair Posted in MBA News, structure | No Comments »
Calcutta: It pays, literally, as an Indian Institute of Management Calcutta-graduates. If you ask figures, finally, an IIM C certificate may be worth $ 90000 U.S. or UK oe65, 000
Given that the three days of final stage for this year, begins on Saturday, students from second year post-graduate diploma programme management are wooed by a larger number of potential employers promising big paypackets (compared to the last year). Exactly 139 best companies flocking on campus this year.
The number of foreign companies has more than doubled this year. What is more, these enterprises are equipped with posts abroad instead of positions in offices in India.
Citibank, for example, recruitment for the Near East; ABN Amro is to recruit for Dubai, Bank of America in New York, London and Singapore offices of UBS in Hong Kong, Singapore, London and Barclays Capital, BNP Paribas, London, Paris and Singapore and the World Bank in Washington.
“The first day of training zero signifies the location and it is considered as the date on which the price of the best deals are coveted by companies. This year, for the location of zero the number of companies rose six 13, “said Position cells students representing Sanjeev Jha. In the area of the council, there is also good news, Ernst and Young and Nestle return to campus after two years and Inductis and fair Issac confirmed for the first time visited.
But students are happier because the median annual salary offer RS 6 lakh last year, is expected to increase by 9 lakh RS. “Most companies have confirmed an increase package. For example, marketing companies like HLL or P & G products by about Rs 6.7 lakh per annum during the past year, are willing to pay Rs 7.5 lakh this year, Glaxo Smith Kline has extended its offer to 8 R 7 of RS lakh lakh, “said another representative.
Regarding financial services, there is probably also a steep slope. As banks Standard Chartered expected to provide Rs 8.5 lakh (Rs 7.5 lakh last year) and offers by companies such as DSP Merryl Lynch expected to reach Rs 13 lakh Inductis and Rs 11 lakh. And foreigners pay more should go to Bank of America ($ 90000 for its New York office and oe65, 000 for its London branch).
Stage Ranjan head office agreed that the Institute this year, as provided in the position much better than what the Institute has seen in the past.
Tags: abn amro, annual salary, bank of america, barclays capital, bnp paribas, ernst and young, fair issac, glaxo smith kline, hll, hong kong singapore, indian institute of management, indian institute of management calcutta, inductis, london paris, marketing companies, paypackets, post graduate diploma, programme management, singapore offices, steep slope Posted in MBA News, finance | No Comments »
Management Development Institute (MDI), Gurgaon Business Administration offers programs focus on finance, marketing, human resources, Information Systems, Organisational Behaviour, Policy and Strategic Management, Business Communications, Economics and Law. Number of hits on the basis of performance with cats, group discussions and interviews. Class size is approximately 121 students of the Faculty report to 4:1. Average annual end of the content of its class of 2004 was Rs7.25 lakh.
The companies recruit students of MDI and Infosys Technologies include Bharat Shell AG
Tags: annual salary, behaviour policy, bharat, business communications, cats, faculty report, group discussions, human resources information systems, infosys technologies, management business, management development institute, management development institute gurgaon, resources information systems, rs7, shell ag, strategic management Posted in MBA News, spot | No Comments »
Faculty of Management Studies (FMS), Delhi Business Administration offers programs specializing in marketing, finance, information technology, organization and conduct HR Development, General Management and Small Business, production and operational management and strategic of management.
Number of hits on the basis of performance in a written test, panel discussions, extempore presentation and interview.
Class size is 90 pupils and students of the Faculty report to 3:1.
Average annual end of the content of its class of 2004 was Rs7.04 lakh national and international $ 45000th companies recruit students from SGF include Infosys Technologies, JP Morgan Chase, Olam International and HSBC.
Tags: annual salary, business administration, business production, faculty of economics, faculty of management studies, graduating class of 2004, hr development, information technology organization, infosys technologies, operational management, panel discussions, Pupils, rs7, small business, test panel Posted in MBA News, conference | No Comments »
Lucknow, March 11: A girl of 22 years from Dhanbad, put you to graduate from the Indian Institute of Management Lucknow, Campus places on a ranking of bags and a job in a foreign bank.
Udetanshu work as a financial adviser at the bank HSBC-1, London, for an annual salary of $ 72,000 (RS 31 lakh).
Some points of Calcutta, she was behind Pankaj Patwari boys, who McKinsey and take home a package of Pay-Rs 14 lakh.
The Institute? N campus Investment Committee announced today that all pupils and students of the class of 2005 have good jobs in prestigious companies, both in Switzerland and abroad.
? 331 tenders were 219 students …. These included 13 international tenders? said R. Srinivasan, Chairman of the Committee.
? Finish this year saw a number of consultancy firms such as McKinsey, BCG, Accenture, Deloitte Consulting, KPMG, Price Waterhouse Coopers and Ernst & Young, visit the campus and 40 students were recruited by these companies over 12 during the last year? , Did he added.
Udetanshu, London, was showered with praise of the Institute. A teacher described as? Are you among the remarkable? Students.
Dhanbad’s daughter graduated from St. Stephen’s College in New Delhi with distinction in mathematics, before IIM-L. Your specialization at the Institute in the areas of marketing and financing.
Twenty-four-year-old Patwari was an auditor of companies, before logging here. ? IIM-L built in us a personality next to the transmission of knowledge. It was so sweet face interview businesses high level? he said.
Sources at the Institute said this year? N lot, on an average 10 percent higher wages than last year. ? — L IIM, the best organizations in the banking and financial sector? said a dean of the Faculty.
Tags: annual salary, bcg, class of 2005, deloitte consulting, face interview, financial adviser, financial sector, indian institute of management, indian institute of management lucknow, international tenders, investment committee, McKinsey, prestigious companies, price waterhouse coopers, r srinivasan, remarkable students, s college, sweet face Posted in MBA News, industry | No Comments »
If the Office as manager of its budget for 2005, which should be invested? The referendum would probably have already pool tables and cappuccino machines. This would not be at the top of the list of rotating doors. But with the staff, almost left and then return to the dizzying Churn India Inc has been a little more merit in a round swivel.
It will deteriorate before it became better. “Organizations must consider, abrasion, but they will have their recruitment plans. It is realistic,” concludes Hema Ravichandar, a strategic advisor of human resources, was previously with Infosys.
According to a report by Mercer Human Resources Consulting, India, 12.8 percent suffer from wear volunteer in 2006, as a shade lower 2005-14,7 percent (the highest in Asia, actually).
With 88 per cent of Indian society expects that workers during the next year, 3 percentage points higher than 2005’s 85 percent (Asia-Pacific Compensation Forecast Report: October 2005), the probability is that the rate of termination is even greater.
And expensive. It is not easy to quantify the cost of wear - intangible costs constitute a fair share of the total - but nobody doubts that it is high. Various studies and HR consultants cost calculations, cost estimates for the replacement of an employee between one and two half-and-a-half times his annual salary.
Of course, it is better for an organization if its employees do beelines for the descent. So what does it take for people to remain? The increase in wages, benefits, stock options and answers are on hand, but there is more. The strategist analyze the continuation of policies in three areas (subcontracting, retail technology and information) with the highest rate of attrition, to see what works.
Dial used for some time now, the BPO industry has been the equity of friction with death and taxes: inevitable, and part of life. But even as the sector pulls ahead by 40 to 50 per cent per annum, it is now 35 to 40 per cent of its 350000-odd staff that good. And the fact that they rest and watch.
The BPO sector is caught in a trap of their own: For some years now, subcontractors, the costs of recruiting graduates and 20 of them-somethings promising a “fun” place to work.
The image has two problems: firstly, the low note that the layers working in a call center is not a party, two, as they grow older, their professional goals, to go beyond, having a good time. And call centres are not considered as serious career options. Analysts estimate that more than half of employees, stop leave for better jobs, but nearly 15 percent leaving the continuation of their education.
Thus, call centers are now offering their employees what they want. While the recruitment game even tom-tom the benefits of working in a call center, but also stressed that “serious” nature of work and opportunities to grow. “We give a clear picture of supply profile and hours of work on the stage itself parameter. This helps us to hiring only candidate seriously,” said Radhika Balasubramanian, Director Support Officer, Intelenet Global Services, a outsourcing Mumbai-based organisation, employs more than 5000 employees and provides Back-Office, service U.S. and European customers.
ICICIOneSource, one of the largest third BPO India, held provide the staff, already with the company for 18 months of opportunity for the whole group Icici.
Of course, they must be qualified and in accordance with all the necessary checks, but the possibility to operate as a huge incentive. Not only do they help to keep the trained talent within the group, it sends the message critical of the entire line, that employees are trained in skills, which have a market value.
Recalls Aashu Calapa, Vice President, HR, Icici OneSource, “Our employees are trained for scenarios in real time, develop and management. This leads to high levels of customer satisfaction, in addition to building a strong commitment personnel.
Tags: abrasion, annual salary, asia pacific, bpo industry, cappuccino machines, cost estimates, death and taxes, forecast report, half times, hr consultants, india inc, intangible costs, mercer human resources, mercer human resources consulting, percentage points, pool tables, rate of attrition, retail technology, stock options Posted in MBA News, accountancy | No Comments »
Mumbai - In a shift to an economy based on quality rather than a cheap labour, India, the world for wage increases higher last year, after an investigation.
Increased wages grew by 15.1% last year from 14.4% in one year to earn 2006, similar growth this year, after 12 annual salary comprehensive survey of Illinois, headhunters Hewitt Associates. The country, on the salary growth was twice higher than the world average estimated at 6%, can be read in the report.
Given the growing economy, real estate, infrastructure, retail, telecommunications, energy and financial sectors reported increases wages higher. Real estate and infrastructure, packaging, 25.2% and profits are
expected to maintain the similar level this year.
In dollar terms, India Inc’s Senior Executive Take-Home Pay is still far behind that cut in Europe and the USA. Director of coaching in an S & P 500 companies have HOME U.S. $ 14.8 million annual average in 2006, after the Maine-based body Corporate Governance Corporate Library.
In comparison, India is the highest paid 15 Top-Level-leaders, on average, $ 2.5 million in annual earnings for the year ending in March 2007. Similarly, yes, Mukesh Ambani, the largest shareholder of Reliance Industries, won $ 6.13 million in annual earnings as Chief Executive, the highest among the 10000 executives and administrators in over 1,200 Indian companies, according to a press Trust of India report September 2007.
Director of the leaders of India is in possession of private banks should be relatively meager $ 750000 per year on average, compared to a U.S. financial sector Chief Executive Officer (CEO) of $ 2.3 million. India, the manufacturing sector Presidents annual average of $ 125000, said Ganesh Srinivasan, central human resources Blogger.
A sport at auction this month may also be a signal of strong growth in compensation for countries Spitz Association servants. India was knocked from A $ 40 million results auctions in Mumbai, on February 20 to ensure key players of India cricket newly introduced Premier League. Rookie Kricketspieler Indian talent as 22 years, Robin Uthappa and 20 years, Rohit Sharma bags up to $ 800000 per season for 44 days season. It could be that India Inc upper floors to rest and the revaluation of its own value, with a possible Fallout see above breaches of the Presidents of $ 1 million mark by 2009.
Tags: annual salary, cheap labour, chief executive officer, corporate governance, corporate library, cri, dollar terms, financial sectors, headhunters, hewitt associates, india inc, india report, level leaders, manufacturing sector, press trust of india, private banks, reliance industries, salary growth, servants Posted in IFAC, MBA News | No Comments »
Faculty of Management Studies, New Delhi, a business school established in 1954, admits 82 students per batch. Admissions are made on the basis of performance in the Commonwealth University Entrance test. The institute has a hostel that can accommodate 150 students. The institute is spread over 89.0 hectares.
It has 23 rooms and an auditorium can accommodate 500 people.
It has 223 computers with leased line Internet connectivity. Average annual salary of its graduating class was at Rs6, 88000th Deepak Nayyar is the Chairman of the institute.
Tags: annual salary, Business School, commonwealth university, deepak nayyar, faculty of management studies, graduating class, hostel, internet connectivity, line internet, New Delhi, university entrance test Posted in MBA News | No Comments »
|