Singaporeans not good enough: Temasek offered 110k – 130k USD per annum to fresh Indian IIM-B graduates
All 270 students from the 2010 batch of the post-graduate programme (PGP) of the Indian Institute of Management-Bangalore (IIM-B) have been placed in just five days since the opening of the process. IIM-B also claims to have completed the final placements ahead of all other IIMs.As many as 120 reputable firms from and outside the country – from both the traditional and emerging sectors like healthcare and energy – visited the institute during the placement period.Fifteen new companies took part in the placements this year, recording a 41 per cent increase from last year.Prominent among the new entrants were: AT Kearney, Alvarez & Marsal, Bain & Co, Booz & Co, Diamond Consulting, Nomura and Temasek Holdings.Nomura is reported to have made the highest offer of Rs80 lakh per annum for the role of vice president finance in an international location. Temasek Holdings offered Rs50-60 lakh per annum.
The students have accepted as many as 15 international offers from companies including Nomura, Temasek, P&G, Enzen, Arvin Meritor and UAE Exchange.
About 45 women in the batch accepted offers in sectors, like investment banking, consulting and PE.
In the lateral placements held for students with two years of work experience, 30 companies made recruitments. A total of 66 offers were received by the students in lateral placement as compared to 50 offers last year.
Support my online petition “Employ Singaporeans First!” to stop the jobs’ flight – Gilbert
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