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Time of India
a day 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
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Business Standard
a day ago
- Business
- Business Standard
After a dull 2024, pay bump at top campuses for MBA, BTech graduates
Following a stagnant 2024, engineers and management graduates are set to receive higher salary offers across leading campuses, indicating a revival in hiring activity, The Economic Times reported. According to the 'Deloitte Campus Workforce Trends: Placement Cycle 2025' report, median salaries for B-school and engineering graduates are projected to rise by 8.3 per cent and 4.3 per cent year-on-year, respectively. This comes after a decline of 9 per cent for MBAs and 0.1 per cent for engineers in 2024. The report, which looked at placement data from 508 academic institutions and surveyed 238 companies across various industries, highlights improved compensation trends. At the top 10 Master of Business Administration (MBA) colleges, as ranked by the National Institutional Ranking Framework (NIRF), the median annual salary is expected to reach ₹26 lakh in 2025, compared to ₹24 lakh in 2024. For the top 10 BTech colleges, the figure is projected to rise to ₹17 lakh from ₹16.3 lakh in the previous year. Compensation declined for 2024 engineering graduates Engineering graduates from the Indian Institutes of Technology (IITs) in 2024 experienced a dip in salary offers. Separate studies by Deloitte and TeamLease indicate that the annual compensation for this cohort ranges between ₹15 lakh and ₹16 lakh. According to Deloitte's 2024 study, average salaries saw a slight decrease for graduates from the top 10 engineering institutes. Drop in median salaries for 2024 batch A TeamLease Services study found that the median annual salary at the older IITs dropped to approximately ₹15 lakh–₹16 lakh in 2024, down from ₹18 lakh–₹20 lakh in 2023. At the Indian Institute of Management Ahmedabad (IIM-A), the highest offer for the PGPX Class of 2024 fell to a six-year low of ₹54.8 lakh per annum. Engineering degrees lead compensation growth in 2025 The report quoted Neelesh Gupta, partner at Deloitte India, as saying, 'Engineering degrees are leading year-on-year compensation growth (4.65 per cent), outpacing management degrees (2.19 per cent).' BTech graduates continue to secure the highest salary packages, followed by Bachelor of Law and BBA graduates. Compensation growth was strongest in manufacturing, followed by the consumer sector, while life sciences and pharmaceuticals showed the weakest growth. The share of performance-based compensation, or 'pay at risk', has become standard in campus hiring. '97 per cent of organisations have adopted short-term incentives, bonuses, or performance-linked pay,' the Deloitte study reported. Pre-placement offer (PPO) conversions across all degree types rose by 24 per cent in the financial year 2024-25 (FY25) compared to FY24.
Time of India
a day 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
a day 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.
Indian Express
30-05-2025
- Business
- Indian Express
IIT Gandhinagar introduces e-Masters in Data Science for decision making
The Indian Institute of Technology, Gandhinagar, has introduced an e-Master's in Data Science for Decision Making (DSDM) programme. The programme is designed to bridge the gap between data science prowess and the art of making strategic decisions. The course is eligible for engineers and practitioners from diverse backgrounds, including engineering, science, business, or any other field. DSDM aims to offer a comprehensive and multidisciplinary approach to data science. The deadline to apply is June 20. Through coursework and real-world applications, it aims to equip students with the tools, skills, and mindset required to navigate this dynamic landscape. The inaugural batch of the programme commenced in May 2024 and is now inviting applications for the second batch. IIT-Gandhinagar: Last 5 years NIRF rankings The duration of the programme is two years with 54 credits. As designed by experts, there are six modules, and each module lasts for 12 weeks. A candidate who is a graduate with degrees in statistics, mathematics, computer science, engineering, technology, science, and economics and commerce is eligible to apply for the IIT Gandhi Nagar course. In these courses, the prospective student should score a minimum of 60 per cent or 6.0 CPI from 10. No GATE qualification is required to apply for the course. The application fee for the programme is Rs 1000, payable during submission. The total programme fee is Rs 9,60,000, broken down into a registration fee of Rs 1,50,000 (due within 2 weeks of selection) and a tuition fee of Rs 8,10,000 (payable in 6 instalments). Sponsored candidates can get a Rs 45,000 waiver on the registration fee, while self-sponsored candidates can avail a Rs 30,000 waiver. This offer is valid till July 5. To apply for the Data Science for Decision Making (DSDM) programme, visit the official website: and follow these steps: Step 1. Visit the website and click on 'Apply Now' Step 2. Fill out the application form with the required details Step 3. Upload the necessary documents Step 4. Pay the application fee (Rs 1000) Step 5. Submit your application Students will get an alumni status at the IITGN. The e-masters will be a 100 per cent live session with a small batch size. Students will get a flexible learning structure along with a residency component and career development services, and support and mentorship.
