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Time of India
5 days ago
- Business
- Time of India
Campus hiring 2025: Salary offers rise for MBAs and BTechs after flat 2024, says Deloitte report
NEW DELHI: The Class of 2025 is seeing better salary offers across top campuses, marking a recovery in hiring activity after a sluggish 2024, as per a report. According to the Deloitte Campus Workforce Trends: Placement Cycle 2025 report, which analysed data from 508 institutions, median salaries for MBA graduates are set to rise by 8.3%, and for BTech graduates by 4.3%. This follows last year's drop of 9% for MBAs and 0.1% for BTechs. The median package at leading MBA institutions (per NIRF rankings) is anticipated to reach Rs 26 lakh annually in 2025, increasing from Rs 24 lakh previously. For premier BTech institutions, it has risen to Rs 17 lakh from Rs 16.3 lakh in 2024. The improvement is attributed to accumulated demand following subdued recruitment last year, focused skill-based hiring, and replacement of departing staff. Educational institutions confirmed these developments. "Average salary has risen, and this growth is largely driven by expanding opportunities in high-growth sectors such as private equity, renewable energy and healthcare," Himanshu Rai, director of Indian Institute of Management (IIM) Indore, told the Economic Times. He noted substantial increases in variable compensation, particularly in consulting and finance positions, reflecting performance-based structures and industry demands. IIM Ahmedabad's placement committee chairperson Viswanath Pingali indicated whilst finalising their previous placement data, "Informal data analysis suggests there is a small increment in the salaries. It is the general trend." In this fifth edition of Deloitte's report, which surveyed 238 organisations, Neelesh Gupta, partner at Deloitte India, stated, "Engineering degrees are leading YoY compensation growth (4.65%), outpacing the management degrees (2.19%)." BTech graduates continue receiving the highest compensation, followed by Law and BBA graduates. Gupta noted, "The technology sector is the most preferred industry by students for the fifth year in a row." Manufacturing showed the highest compensation growth compared to the previous year, followed by the consumer sector, with life sciences/pharmaceuticals showing the least growth. Variable compensation has become standard in campus recruitment. "97% of organisations have implemented short-term incentive programmes or bonus or performance-linked incentives," according to the Deloitte study. In FY25, pre-placement offer (PPO) conversions rose by 24% across all degree programs compared to FY24. For MBA graduates, the most sought-after roles were management consultant and product manager. BTech graduates mostly secured positions as development engineers and data scientists, while CAs were hired mainly as audit managers or management accountants. Companies are increasingly using retention bonuses, "positioned as a 'stay incentive', these payouts are designed to anchor fresh talent through the critical first year," Gupta said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
6 days ago
- Business
- Time of India
Salaries rebound at top campuses: MBA, BTech offers up after 2024 slump
ADVERTISEMENT ADVERTISEMENT ADVERTISEMENT The Class of 2025 has higher salary offers across top campuses after a flat 2024, signalling a pickup in hiring activity, according to the Deloitte Campus Workforce Trends: Placement Cycle 2025 report, which analysed placements across 508 salaries for MBAs and BTechs are expected to rise 8.3% and 4.3% year-on-year, respectively, after declining 9% and 0.1% in 2024. At the top 10 MBA colleges (according to NIRF rankings), the median package is set to touch Rs 26 lakh per annum in 2025, up from Rs 24 lakh last year. For the top 10 BTech colleges, it's Rs 17 lakh, up from Rs 16.3 lakh in report attributes the uptick to pent-up demand after last year's muted hiring, sharper skill-based recruitment, and attrition confirmed the trend. 'Average salary has risen, and this growth is largely driven by expanding opportunities in highgrowth sectors such as private equity, renewable energy and healthcare,' Himanshu Rai, director of Indian Institute of Management (IIM) Indore, told highlighted a significant rise in the variable pay component, particularly in consulting and finance roles, which reflects performance-linked structures and sector-specific Ahmedabad, the country's leading management institute, is in the process of consolidating data from the previous placement cycle audited, its placement committee chairperson Viswanath Pingali said. 'Informal data analysis suggests there is a small increment in the salaries. It is the general trend," he Institute of Technology (NIT) Jalandhar saw significant improvement both in the number of students placed and salary packages, its director Binod Kumar Kanaujia said. Total placements rose 15% to 1,005 in 2025, from 873 in 2024, 'while the most significant hike was seen in the Rs 40-50+ lakh per annum range, which jumped from 13 students in 2024, to 24 in 2025,' he is the 5th edition of Deloitte Campus Workforce Trends, which also surveyed 238 organisations across industries. 'Engineering degrees are leading YoY compensation growth (4.65%), outpacing the management ner at Deloitte students continue to draw the highest pay packages, followed by Bachelor of Law and BBA students. 'The technology sector is the most preferred industry by students for the fifth year in a row,' Gupta compensation growth vis-à-vis last year was in manufacturing, followed by the consumer sector, while life sciences/pharmaceuticals variable pay component, referred to as 'pay at risk', has become a default feature at the campus hiring level. '97% of organisations have implemented short-term incentive programmes or bonus or performance-linked incentives,' the Deloitte study said. In addition, there has been a 24% increase in pre-placement offer conversions across all degrees in FY25 vis-à-vis MBAs, the top two roles are management consultant and product manager; for BTechs, they are development engineer and data scientist, and for CAs, audit manager/internal audit and management accountant, among others. Organisations are increasingly leveraging retention bonuses to boost early tenure among campus hires. 'Positioned as a 'stay incentive', these payouts are designed to anchor fresh talent through the critical first year,' Gupta attrition has declined by 3% on-year in 2025 across all streams, with the sharpest drop seen in one-year attrition among MBA graduates, Gupta said.
Time of India
6 days ago
- Business
- Time of India
Cos Bring Fatter Cheques to Campus
The Class of 2025 has higher salary offers across top campuses after a flat 2024, signalling a pickup in hiring activity, according to the Deloitte Campus Workforce Trends: Placement Cycle 2025 report, which analysed placements across 508 institutions. Median salaries for MBAs and BTechs are expected to rise 8.3% and 4.3% year-on-year, respectively, after declining 9% and 0.1% in 2024. At the top 10 MBA colleges (according to NIRF rankings), the median package is set to touch ₹26 lakh per annum in 2025, up from ₹24 lakh last year. For the top 10 BTech colleges, it's ₹17 lakh, up from ₹16.3 lakh in 2024. The report attributes the uptick to pent-up demand after last year's muted hiring, sharper skill-based recruitment, and attrition backfill. Campuses confirmed the trend. 'Average salary has risen, and this growth is largely driven by expanding opportunities in high-growth sectors such as private equity, renewable energy and healthcare,' Himanshu Rai, director of Indian Institute of Management (IIM) Indore, told ET. He highlighted a significant rise in the variable pay component, particularly in consulting and finance roles, which reflects performance-linked structures and sector-specific demand. IIM Ahmedabad, the country's leading management institute, is in the process of consolidating data from the previous placement cycle audited, its placement committee chairperson Viswanath Pingali said. 'Informal data analysis suggests there is a small increment in the salaries. It is the general trend," he said. National Institute of Technology (NIT) Jalandhar saw significant improvement both in the number of students placed and salary packages, its director Binod Kumar Kanaujia said. Total placements rose 15% to 1,005 in 2025, from 873 in 2024, 'while the most significant hike was seen in the Rs 40-50+ lakh per annum range, which jumped from 13 students in 2024, to 24 in 2025,' he said. This is the 5th edition of Deloitte Campus Workforce Trends, which also surveyed 238 organisations across industries. 'Engineering degrees are leading YoY compensation growth (4.65%), outpacing the management degrees (2.19%),' said Neelesh Gupta, partner at Deloitte India. BTech students continue to draw the highest pay packages, followed by Bachelor of Law and BBA students. 'The technology sector is the most preferred industry by students for the fifth year in a row,' Gupta said. Highest compensation growth vis-à-vis last year was in manufacturing, followed by the consumer sector, while life sciences/pharmaceuticals trailed. The variable pay component, referred to as 'pay at risk', has become a default feature at the campus hiring level. '97% of organisations have implemented short-term incentive programmes or bonus or performance-linked incentives,' the Deloitte study said. In addition, there has been a 24% increase in pre-placement offer conversions across all degrees in FY25 vis-à-vis FY24. For MBAs, the top two roles are management consultant and product manager; for BTechs, they are development engineer and data scientist, and for CAs, audit manager/internal audit and management accountant, among others. Organisations are increasingly leveraging retention bonuses to boost early tenure among campus hires. 'Positioned as a 'stay incentive', these payouts are designed to anchor fresh talent through the critical first year,' Gupta said. Campus attrition has declined by 3% on-year in 2025 across all streams, with the sharpest drop seen in one-year attrition among MBA graduates, Gupta said.
