10 thoughts on “What a start!

  1. 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!

  2. 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.

  3. 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

  4. 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

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