Saturday, 3 March 2007

Intl salaries at IIM-K zoom 57% to $110,000

This year's final placements at IIM Kozhikode (IIM-K) saw the international salary level shooting up as much as 57% to $110,000 (Rs 49.5 lakh) per annum as against $70,000 (Rs 31.5 lakh) offered last year. The domestic salary offered recorded an increase of 32% at Rs 22 lakh per annum as against Rs 16.67 lakh last year.

/>The average domestic salary jumped 30.38% to Rs 11.76 lakh per annum, up from Rs 9.02 lakh last year. The median salary, meanwhile, was a close Rs 10.93 lakah per annum.

/>A total of 431 offers were made by 88 participating companies to 155 students of the batch of 2007. Close to 20% of the batch gave up offers for a role of their choice.







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