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There is a long-standing tradition of excellence among the country's top management institutions, which has resulted in 100 percent placement with excellent wages and work positions. Furthermore, business schools have had considerable success in placing a lot of its students in companies that provide worldwide opportunities. As a result, in recent years, the dollar compensation for these overseas postings have ranged from USD 60,000 to USD 200,000 per year. Approximately INR 15 to 28 lakh per year is claimed by the IIMs and other 'Top-notch' institutions as the typical placement pay! When it comes to domestic postings, the maximum pay that may be offered is up to INR 60 lakh per year!! The lowest pay that these management schools are willing to give is around INR 10-12 lakh. Typically, the typical pay at the next level of management schools is between INR 12 and 14 lakh per year. The lowest pay on offer is between INR 6-8 lakh, while the maximum compensation on offer is between INR 15-20 lakh for a domestic position. For those that go to the next level of management schools, the average pay on offer is between INR 9 lakh and INR 12 lakh per year.
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