IIM Calcutta’s batch of PGPEX-VLM visionary leadership in manufacturing notices a salary increase by 11%
The PGPEX-VLM, with dual accreditation of AACSB and AMBA, aims to create visionary leaders to enhance competitiveness of the Indian manufacturing industry. This programme is the first one to be jointly conducted by three reputed institutes, namely, IIM Calcutta, IIT Kanpur, and IIT Madras. The programme has an international dimension in the form of the students taking 2-3 weeks of industry visit in Japan for studying best manufacturing practices under the aegis of Japan International Cooperation Agency ( JICA),
As per stats, the average salary for PGPEX-VLM has gone up this year and the institute has seen an increase of 11% in the average salary. The package has reached to 14.75 lakh which was 13 lakhs previous year.
On one hand the average salary seen an increase of 11 % and on the other hand the highest salary taken was Rs 22.5 lakh.
Industry wise, It was management consulting firms giving the highest package to the candidates. Others were automotive, general management, engineering and heavy engineering, infrastructure, supply chain, and IT.
In terms of number of offers, firms such as TCS, CGN Consulting, Valcon Management Consultants, Accenture and KPMG gave the maximum number of offers.
There was large number seen in the companies of auto since automobile companies have been the key section in India with global auto companies looking at it. It was reported that the automotive domain was represented by the likes of Daimler, Renault Nissan, TVS, and Wheels India. L&T and Crane Flow were the employers in the engineering and heavy engineering sector.
Also Reliance Cement, Dr. Reddy’s Lab and ABB Global Services offered placements in the sectors of general management, infrastructure, supply chain, and IT respectively according to reports.
News Source: Economic Times