7 MBA Job Trends in India

Job TrendsAlthough the 2008-09 financial crises led to a big hit on Finance and Banking jobs, the job market made a comeback in 2012 with the salary and offer trends matching the 2007-08 market conditions. India, one of the fastest growing economies even during the economic crisis led the way. We analyzed the job offers and salary trends in two premier Business Schools in India – IIM Ahmedabad and Indian School of Business. Here are the top 7 trends:

1) Bullish Job Market

The 2012 GMAC report on India’s job trends reveals a huge demand for quality personnel. MBAs and ‘Experienced industry hires’ top the wish list of potential 2012 recruiters with 88% of the companies’ surveyed planning to hire from these two categories. At the same time, just 79% of the global respondents’ indicated a desire to hire MBAs in 2012. This demand is reflected in the fact that above 25% of IIMA’s PGP class of 2012 received offers even before the placement process started.

2) Jobs Available = Student Aspirations?

The top three verticals that graduating Indian MBA students preferred in 2012 were consulting (76%), technology (44%), and finance (33%). At IIMA, 29% of the students were placed in Consulting, 20% in Finance and 14% in IT. Similarly, at ISB, Consulting ruled at 30%, followed by IT/ITES at 28%, but with just 4% for Finance. What this tells us is that most students ended up compromising with regard to career choice, with only the cream actually fulfilling their aspirations.

3) E-Commerce Boom

ISB saw six companies - Amazon, Cleartrip, Expedia, Flipkart, MakeMyTrip and Myntra – together make 28 offers in 2012, up from just 6 last year.As more and more Indians get on the Ecommerce bandwagon, this number is sure to rise.

4) Premier MBA – Largest Salary Increase

The GMAC report clearly indicates why an MBA is very popular among Indians, the third largest group of B-School applicants after USA and china. MBA graduates from premier Indian Business Schools report a massive 213% increase in salary post-MBA as compared to a 75% increase in USA and a 71% increase in China. ISB’s MBA class of 2012 had a median salary of Rs. 1,800,000. On the other hand, the salary of a best-paid IT job for a Software Engineer were in the range of Rs 191,207 - Rs 694,043, while a Senior Software Engineer could earn between Rs 345,243 - Rs 1,025,802.

5) Best Offers – Business School

Indian companies recruit top professionals through three routes - On-campus Recruitment (72%), Employee Referrals (69%) and hiring of former and current interns (48%). For a professional outside the B-School network, the best options are online job searches (48%) and company websites (45%). ISB’s class of 2012 was picked up by companies like Amazon, Cleartrip, Apple, Cognizant, Facebook, AstraZeneca, Bloomberg and Booz.

6) Indian B-Schools Preferred by Asians

According to GMAC, the largest numbers of GMAT scores sent by Asian students were to Indian Business Schools beating previous year’s favorite destinations like Singapore and HongKong. Interestingly, 49% of Indian B-School aspirants sent scores to USA, compared to 17% within India. The reasons for this were international career aspirations (53%) followed by the need to develop an international network (46%).

7) International Recruitment

In 2012, the number of international recruiters in ISB has increased along with the Job Offers, which is at 92 compared to 83 in 2011. The offers came from 11 countries - Germany, Switzerland, Italy, UK, USA, Dubai, Nigeria, Singapore, Malaysia, Sri Lanka and Hong Kong. There were 73 international companies including Apple, Bloomberg, Booz, BT, Expedia, GE, Goldman Sachs, Novartis and Siemens. At IIMA, the international salaries ranged from $47,350 to $1,66,926.

Why Canada: A Complete Career Guide for MBA Applicants

Why Canada

1. To make it easier for you to choose the top Business Schools in Canada, we have ranked 8 schools based on post-MBA Salary.
2. The Book Analyzes all the ten provinces:
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, and Saskatchewan on Post-MBA Job Opportunities in Oil & Gas, Media, Technology, Finance, Hospitality, Manufacturing, Aerospace, Life Science, Energy, Agriculture, Mining, Forestry, Construction, and Healthcare.

3. We have covered all the funding details (scholarships, loans, and other financial assistance) for the top 8 Business Schools in Canada

4. You don't have to read through hundreds of forum posts or spend hours Googling through scholarship and loan pages. We have summarized the funding with 
Name, Amount, Number of Awards and most importantly the criteria for selection.

Our analysis summarizes the curriculum for the Full-time MBA program, dives into the class composition, and evaluates the post-MBA opportunities available at each school including the list of top Employers. 

Download Why Canada: A Complete Career Guide for MBA Applicants

Top 31 MBA Programs - United States

We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).

Pages: 327

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