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MBA grads may see 6.4% jump in pay packages

January 19, 2022

MBA grads may see 6.4% jump in pay packages

Pay packets for the MBA Class of 2022 are set to hit another high as organizations bet on optimism.

Organizations and business schools expect the completion for top talent to be intense as the job market for most sectors has turned positive – a trend endorsed by the latest campus compensation study by Aon.

“It’s a steady job market, almost every sector is very certain, barring a few. We anticipate that competition to hot up,” said Rahul Guha, managing director and senior partner, India, at Boston Consulting Group, which has been one of the top recruiters at IIMs Ahmedabad, Bangalore and Calcutta in recent years.

The Aon data, shared exclusively with ET, projects a 6.4% annual increase in pay proposed to students at Indian Institutes of Management (IIMs) and top tier colleges for 2022 against 4.9% last year and near to nil movement in 2020.

Tier 2 and Tier 3 campuses have likewise been on a growth trajectory, with projected compensation increase of 3.5% and 2.9%, separately, in 2022 rather than just a 1% increment witnessed in tier 2 campuses and a contraction of 1% in level 3 campuses last year, the information from 300 companies showed.

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