Consulting firms like EY, Deloitte, Cognizant and the Boston Consulting Group to hire more MBAs this year as they offer 30% higher salaries than last year for entry-level positions. At IIMs in Kashipur, Trichy, Udaipur, Rohtak and Shillong offer better roles in the functional areas such as financial services, technology and consumer goods.
However, older IIMs such as IIM Ahmedabad, Bengaluru, Calcutta and Lucknow, consulting firms continued to be big recruiters this year. Consulting firms hired 50% students from IIMs this year offering 30 percent more salaries than last year for entry level positions. This trend is creating big opportunities for B-school students as they pay Rs 20-30 lakh annual package to entry level candidates from B-schools.
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