coolavenues.com 2010 placement data out.
India, May 26 -- Mint has published data supplied by coolavenues.com on the on-campus placement season of 2010 in business schools - an annual exercise we have done since 2008.
In interpreting the data this year, we have stepped back and tried to pick-up the broad trends in b-school hiring in 2010, compared to what they were prior to the Wall Street meltdown.
We have let the data tell the story that emerges :
1. Recruiters have changed (those such as Lehman Brothers and Merrill Lynch have given way to Indian companies)
2. The sectors/roles students prefer have changed (marketing has made a comeback, general management roles are a hot pick now, the share of banking and finance has come down, especially investment banking. Consulting continues to be a favourite).
3. More students are staying back and working in India, compared to two years ago. That could be because Indian companies offer them roles with steady growth, or MNCs hire them and post them in India. A number of campuses did not get any overseas offers.
4. Salaries are much more realistic now. The absence of Wall Street recruiters has had its dampening effect on salaries. Average salaries offered on b-school campuses were higher compared to the bleak hiring season of 2009, but salaries did not rise to the 2008 level.
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