Hi, Though this is natural, discerning people will realise that these sort of news really do not give the whole picture. What's the background of the student? What salary was (s)he earning before the course started? What is the base salary and what's the bonus component? In all probability the highest paint student will have landed a job in the financial sector abroad and not in India. Government can only impose a min number of years that should be worked in India after gaining a degree from institutions set up by the Govt, like IIMs and IITs. But it cannot impose such restrictions on students from private instituions. Sorry for the long message.
RE:High Salaries Jelousy
by Alok Srivastava on Mar 12, 2008 10:16 AM Permalink
Don't get Tense Guys.... Go through the eligibility for PGP course for which this offer is made: Applicants must have a bachelor%u2019s degree or equivalent in any discipline and should have at least seven years of work experience by March 2008 in a supervisory / managerial / administrative position. Candidates with legislative experience are also eligible to apply provided they are (i) 27 or more years old, and (ii) have one year or more of experience as a minister at the central level or as a member of parliament or 2 years or more of experience as minister at the state level or as member of the legislative assembly / council; or have served for 5 years or more as councilor of municipal corporation or of zilla parishad.
..... That is we need to have 7 years or more exp at managerial level..... So any regular IT guy with 7 years or more exp at managerial level must be earning a decent salary. On top of that , he will definitely get a good hike being a pass out of IIM-A.Plus the packages in financial companies comprise of Huge amount of bonus which in some case is more than the regular CTC. And, yes its given at the end of year. Nonetheless, IIM grads are expected to earn more than any other grads in country as they clear the toughest exam in the country. But all you regular IT / ITES guys like me...need not worry... DREAM ON..DREAM BIG..
RE:High Salaries Jelousy
by OUS DAN on Mar 12, 2008 12:25 PM Permalink
hi....u got it all wrong man...it clearly says that the PGP programme's salary is more than the PGPX(which is the one for executives with 7 years experience). The PGP is the normal programme for which ppl get thru CAT and the offer of $360000 is for PGP and not PGPX
RE:High Salaries Jelousy
by Alok Srivastava on Mar 12, 2008 03:12 PM Permalink
go to IIm site and check it dude... No one-year degree can give u so much without work-ex.And that Bonus part holds true as well.Improve your awareness dude..
