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What a start!

March 16th, 2005  |  Published in Work  |  10 Comments

Why they’re all scram­bling to get into IIM-A these days.

Responses

Feed
  1. JD says:

    March 16th, 2005 at 10:38 am (#)

    Wow! That’s a LOT OF money!

    But is this kind of salary sustainable?

    JD

  2. Shilpa says:

    March 16th, 2005 at 1:40 pm (#)

    Isn’t that too much *frown

  3. Arjun Prabhu says:

    March 16th, 2005 at 2:36 pm (#)

    Cool! 50 lk is hell lot of money for starters!. What after 10 yrs ?

  4. anita says:

    March 16th, 2005 at 4:44 pm (#)

    JD: It is! And I have no idea how they sus­tain those kind of salaries!

    Shilpa: That’s an under­state­ment! That is way TOO much. I am way TOO depressed!

    Arjun: I shud­der to think! And thank­fully, my math ain’t too good :) And I wouldn’t be able to sleep well if I knew anyway!

  5. S Anand says:

    March 16th, 2005 at 5:20 pm (#)

    Actu­ally, 50 lakhs works out to about $110,000. US offers in invest­ment bank­ing are usu­ally in that range. And from what I hear, it’s quite sus­tain­able in the indus­try. The pay is around $225,000 for a per­son with about 4–5 years of invest­ment bank­ing experience.

  6. crab says:

    March 17th, 2005 at 6:12 pm (#)

    This is so cheap *frowns* ;-)

  7. pk says:

    March 17th, 2005 at 7:10 pm (#)

    this is noth­ing new. 110K USD for US for a per­son who has all­ready got 4–5 years exp (thats what the per­son already had) is ok. I mean SW engi­neers with 5–6 yrs exp also get near abt the same range in US

  8. Tejas Patel says:

    March 18th, 2005 at 1:16 am (#)

    Nice blog Anita, just found it via a link from another blog. Keep up the good work.

  9. krishna says:

    March 19th, 2005 at 9:34 pm (#)

    hi..

    read this in another blog too :

    http://youthcurry.blogspot.com/2005/03/150000-googly.html

    not every­one gets the same thing…

    there is a big gap between the top and the aver­age of the class…

    but not bad for the pub­lic­ity of IIMs and MBA..

    though i have friends who chucked 100k jobs and came back to india for LIFE..

    (if that is a con­so­la­tion for have nots :) )

    ciao

    krishna

  10. Rachel says:

    March 22nd, 2005 at 4:43 am (#)

    Anita– where is your email address? I wanted to email you a ques­tion. Thanks.

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This web­site is main­tained by Anita Bora. If you want to know more, there’s a detailed page here. You’re wel­come to leave a com­ment. For any other queries, you can get in touch with me on anitabora5 at red­iff­mail dot com. I started blog­ging way back in 2001 and this blog doc­u­ments my trav­els and tra­vails through the years.

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