What a placement! Delhi LSR College student bags highest ever domestic salary, beats average pay package of top IIMs
It's a big proud moment for Delhi's prestigious Lady Shri Ram (LSR) College. A final year economics student has bagged an annual salary offer of Rs 38 lakh with a global bank in the country for an entry-level role. This is highest salary package ever offered at the campus for a domestic position, according to an ET report. Moreover, the offer has also beaten the average package of Rs 20 lakh bagged by students at the top Indian Institutes of Management (IIMs) of Ahmedabad, Bengaluru and Kolkata.
According to the report, similar offer was also bagged by a Lady Shri Ram (LSR) College student last year, but that was for the position with multinational lender in Singapore. Image source: du.ac.in
The placement coordinator at the college told ET that companies offering the highest salary at the LSR campus this year included Bank of America Merrill Lynch, LEK Consulting, Boston Consulting Group and Bloomberg. Image source: Reuters
Delhi College Placements 2018
Other premier Delhi colleges where students got lucrative offer included St Stephen’s, where a student got the highest base pay package of Rs 31 lakh from strategy consultant EY-Parthenon. Image source: ststephens.edu
At Shri Ram College of Commerce (SRCC), Delhi, two students reportedly bagged the highest package of Rs 31 lakh from EY-Parthenon, while the highest pay package at Hindu College was also Rs 31 lakh. Image source: srcc.edu
Barring LSR, Stephen’s and SRCC, the report said that average entry-level package offered at top undergraduate colleges have this year witnessed a rise of 35-55% in a robust placement season. Image source: lsr.edu.in
Notably, these firms have extended offer to get on board undergraduates at salaries that were surprisingly higher than average packages offered at top IIMs and the Indian Institutes of Technology (IITs), according to the report. Image source: iima.ac.in