Press Trust of India, Business Standard

Avg pay packages of new management recruits see 40% rise in last 2 years: Study

A recent study by the Press Trust of India posted on The Business Standard talks about IMT Ghaziabad seeing a 40% rise in average salary for management graduates. The majority of offers are from BFSI, IT/ITES, FMCG, and consulting sectors. Debuts in QS World Business Master's Ranking 2024.

The average salary of management graduates of the Institute of Management Technology, Ghaziabad has increased by as much as 40 per cent in the 2022-23 placement cycle, as compared to the previous two years, according to a study.

The internal study by the Institute of Management Technology, Ghaziabad noted that the number of first-time recruiters constituted 40 per cent of the total recruiters in the 2022-23 placement cycle.

"IMT Ghaziabad has maintained a consistent record of 100 per cent placement for its students.

"The BFSI, IT/ITES, FMCG, consumer durables, and consulting sectors have generated more than 75% of the offers, indicating positive growth in career outcomes for our students. We have to remember that many of these firms are multinational in nature," Vishal Talwar, Director of IMT Ghaziabad said.

According to Talwar, participating in global rankings such as Financial Times and QS and a few others will help the institute in the quality and diversity of roles across industry sectors.

IMT Ghaziabad has recently made its debut in the QS World Business Master's Ranking 2024, with a global rank of 151+ Band in Master's in Management, 101+ Band in Master's in Marketing, and 151+ Band in Master's in Finance.

The QS World Business Master's Ranking 2024 is an internationally recognized benchmark for assessing business schools. The ranking is based on several parameters such as employability, academic reputation, diversity, and more.

The IMT Ghaziabad's inclusion in this ranking is a significant milestone for the institution and demonstrates its commitment to providing quality education and producing competent business professionals, Talwar said.