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26 November 2016, 09:15   Report Abuse

mita basak

Work as an Executive

[ Scorecard : 345]

The Business Today-MDRA survey of the best B-schools has used only objective data for its ranking, unlike the last three years when the results of a perception survey and an experiential one had also been added. But whether one survey or three combined, the results as far as the top 10 ranks are concerned have not changed much - as before IIM-A is right on top, with IIM-Calcutta in second place. After a gap of three years IIM-Bangalore agreed to participate in the survey this time and finds place at No. 3. With IIM-B's entry, XLRI Jamshedpur and SP Jain Institute of Management and Research (SPJIMR), Mumbai, have fallen by one rank from last year - XLRI to No 4 and SPJIMR to No 5. If some reputed schools are missing from the list, it is only because they refused to participate or did not submit data on time. 


Here are also significant insights from the sub-text and parameters of the survey. A widespread concern is the future orientation of the schools, given that Indian companies are trying hard to establish themselves globally. On this parameter, IIM-C and XLRI have done even better than list-topper IIM-A. (See Future Orientation: Readying For Tomorrow, page 108.) Patterns of induction are also changing. "Instead of interviews on campuses, we have been moving towards internships leading to PPOs," says Anandakrishnan of TVS Motor.



Salaries offered at campus placements adhered to the trends of previous years - at SPJIMR, for instance, average salary for the outgoing batch was Rs 19.3 lakh per annum against Rs 18.2 lakh the previous year. In a batch of 226 students, 82 per cent were offered Rs 15 lakh or more per annum, with a median of Rs 17.38 lakh. At ISB, taking both its campuses at Hyderabad and Mohali - with a total of 812 students passing out in 2016 - the average cost to company (CTC) offered by domestic companies was Rs 22.58 lakh against Rs 19.12 lakh last year. (ISB eliminates the top and bottom 10 percentile offers from consideration while computing its average.) The institute had 297 companies participating in the placement offering 1,151 jobs against 987 last year. These included 180 offers from e-commerce companies.

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