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Placements at MISB - Student Career Growth - Pre and Post PGPB

Comments
 

Vishal Vernekar

Its dubious as to why the packages are only mentioned in term of raise and not actual figures (in INR or USD). Did the students make so less in remuneration before to be able to pull off a whopping 976% raise? That's definitely way beyond industry even a Teir-1 B-School ( by that I mean IIM) standards!

29 Mar 2016, 10.57 PM

+Read Replies (4)

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

Hi. We have just gotten our PGPB2 report audited by Crisil. The same agency that audits IIMA reports. We have to respect student privacy in not indicating their individual salaries.No school does it. The student who has received 976% raise was almost a fresher and performed extremely well in the final placements. If you want, our Highest Salary so far for this batch is about 19.5L. Bocconi is a new name in India but our legacy globally is 113 years old.

30 Mar 2016, 01.27 PM |

Rajesh k

This if for the first time that a BSchool uses pre PGDM salary as a comparator. Let's analyze your statements. Usually Coca Cola salary in CTC terms stands at 16 LPA. For that student to increase his CTC by 333% he must be making 4.5 approx CTC which is usually the case with most IT companies. Nothing great. Next someone got a 976% hike. Highest CTC in a startup BSchool like MISB would be somewhere around 18 LPA. For a 976% hike in CTC, he must be earning 2 LPA before. This is not rocket science. Comparative percentages are not a good measure of success. Take any BSchool, someone earning 0 LPA and now making 12 LPA had an infinite increase in CTC. These are not useful metric and mostly misleading.

30 Mar 2016, 09.39 PM |

Rohit Baheti

Why is it misleading? If Coca-cola is offering 16 lakhs per annum it means a student at MISB earns 16 lakhs - which in itself is not bad to be honest - not sure how many business schools can boast of this. So I think the school is marketing itself well. It is using a different metric - to entice people to see value in the MBA degree and in their own school. I see nothing misleading here. The important question to ask is what is the investment that goes into this - tuition fees. A comparison on that front is fair. So joining MISB vs IIM or MDI or SPJain and their investments etc.

31 Mar 2016, 08.27 AM |

Rajesh k

my bad. it's actually some back end FMCG role with a 10.23 LPA job at Coke. And please not use MDI and SPJain for comparison with a school that sprung up3 years back..

31 Mar 2016, 08.37 AM |

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

Please write to us on info@misbbocconi.com for any further questions you might have

30 Mar 2016, 01.26 PM

Rajesh k

Edit to above post. Apparently you guys are not as thourough as I thought. One of your pages has revealed the name and salary of the person who got that Coca Cola job and disappointing to note that his CTC is now 10.23L. Which means it's a back end FMCG role. And getting a 333% hike implies his salary must have been 2.3 LPA. This is the story of all participants. Pre and Post comparison is unfair and kindly not use this to ensnare candidates.

31 Mar 2016, 08.35 AM

+Read Replies (1)

Rohit Baheti

@Rajesh - Can you share the source where you found this?

31 Mar 2016, 08.42 AM |

Rajesh k

I'll message you..

31 Mar 2016, 08.46 AM

+Read Replies (1)

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

First : The idea of this article is to indicate individual successes where MISB Bocconi has been a facilitator for the students.These are students anywhere from 8 months plus work ex and hence almost a fresher. The idea is to indicate that as a school we have managed to have our brilliant students get to a point of drawing such salaries in just our 3rd Placements season itself. Secondly As you have rightly pointed out, these students might have been drawing anywhere from 2L plus and then they have received huge increases right after their PGPB. How is this not an indication of their performance and success? As a school we are going to be extremely transparent and for the same reason, we are going to release our PGPB2 placement report which is audited by Crisil (the same agency the audits IIMA )

31 Mar 2016, 10.03 AM |

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

@RajeshK: Can you please share where you have seen the figure of 10.23L pa because that figure is our average salary of last PGPB2 batch and not the pay of the student you are indicating. The student would be joining as Management Trainee and no backend work. We are more than happy to engage in discussions which are true and has some grounds.

31 Mar 2016, 10.16 AM

Charandeep Kapoor

@rajeshk: I think you are being misled when you state the salary and the information about the role. I got into the "Golden Threshold Program" of Hindustan Coca Cola Beverages Pvt. Ltd. which is their flagship Management Trainee Program which is offered to other top business schools in India as well! Now I don't think it would be wise to publicly discuss the salary or the details of the job role, but you can confirm about the MT Program from your other reliable sources. I would be happy to address any of your further query. Thanks

31 Mar 2016, 11.42 AM

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Comments
 

Vishal Vernekar

Its dubious as to why the packages are only mentioned in term of raise and not actual figures (in INR or USD). Did the students make so less in remuneration before to be able to pull off a whopping 976% raise? That's definitely way beyond industry even a Teir-1 B-School ( by that I mean IIM) standards!

29 Mar 2016, 10.57 PM

+Read Replies (4)

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

Hi. We have just gotten our PGPB2 report audited by Crisil. The same agency that audits IIMA reports. We have to respect student privacy in not indicating their individual salaries.No school does it. The student who has received 976% raise was almost a fresher and performed extremely well in the final placements. If you want, our Highest Salary so far for this batch is about 19.5L. Bocconi is a new name in India but our legacy globally is 113 years old.

30 Mar 2016, 01.27 PM |

Rajesh k

This if for the first time that a BSchool uses pre PGDM salary as a comparator. Let's analyze your statements. Usually Coca Cola salary in CTC terms stands at 16 LPA. For that student to increase his CTC by 333% he must be making 4.5 approx CTC which is usually the case with most IT companies. Nothing great. Next someone got a 976% hike. Highest CTC in a startup BSchool like MISB would be somewhere around 18 LPA. For a 976% hike in CTC, he must be earning 2 LPA before. This is not rocket science. Comparative percentages are not a good measure of success. Take any BSchool, someone earning 0 LPA and now making 12 LPA had an infinite increase in CTC. These are not useful metric and mostly misleading.

30 Mar 2016, 09.39 PM |

Rohit Baheti

Why is it misleading? If Coca-cola is offering 16 lakhs per annum it means a student at MISB earns 16 lakhs - which in itself is not bad to be honest - not sure how many business schools can boast of this. So I think the school is marketing itself well. It is using a different metric - to entice people to see value in the MBA degree and in their own school. I see nothing misleading here. The important question to ask is what is the investment that goes into this - tuition fees. A comparison on that front is fair. So joining MISB vs IIM or MDI or SPJain and their investments etc.

31 Mar 2016, 08.27 AM |

Rajesh k

my bad. it's actually some back end FMCG role with a 10.23 LPA job at Coke. And please not use MDI and SPJain for comparison with a school that sprung up3 years back..

31 Mar 2016, 08.37 AM |

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

Please write to us on info@misbbocconi.com for any further questions you might have

30 Mar 2016, 01.26 PM

Rajesh k

Edit to above post. Apparently you guys are not as thourough as I thought. One of your pages has revealed the name and salary of the person who got that Coca Cola job and disappointing to note that his CTC is now 10.23L. Which means it's a back end FMCG role. And getting a 333% hike implies his salary must have been 2.3 LPA. This is the story of all participants. Pre and Post comparison is unfair and kindly not use this to ensnare candidates.

31 Mar 2016, 08.35 AM

+Read Replies (1)

Rohit Baheti

@Rajesh - Can you share the source where you found this?

31 Mar 2016, 08.42 AM |

Rajesh k

I'll message you..

31 Mar 2016, 08.46 AM

+Read Replies (1)

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

First : The idea of this article is to indicate individual successes where MISB Bocconi has been a facilitator for the students.These are students anywhere from 8 months plus work ex and hence almost a fresher. The idea is to indicate that as a school we have managed to have our brilliant students get to a point of drawing such salaries in just our 3rd Placements season itself. Secondly As you have rightly pointed out, these students might have been drawing anywhere from 2L plus and then they have received huge increases right after their PGPB. How is this not an indication of their performance and success? As a school we are going to be extremely transparent and for the same reason, we are going to release our PGPB2 placement report which is audited by Crisil (the same agency the audits IIMA )

31 Mar 2016, 10.03 AM |

SDA Bocconi Asia Center

SDA Bocconi Asia Center is the Pan Asia hub of SDA Bocconi, Italy. In Mumbai, we deliver our flagship program, IMB - International Master in Business, which is a 22 months program of 2 modules of 11 months each. In the second module, students get an opportunity to complete their specialization in our Milan campus at Bocconi University for 4 months.

@RajeshK: Can you please share where you have seen the figure of 10.23L pa because that figure is our average salary of last PGPB2 batch and not the pay of the student you are indicating. The student would be joining as Management Trainee and no backend work. We are more than happy to engage in discussions which are true and has some grounds.

31 Mar 2016, 10.16 AM

Charandeep Kapoor

@rajeshk: I think you are being misled when you state the salary and the information about the role. I got into the "Golden Threshold Program" of Hindustan Coca Cola Beverages Pvt. Ltd. which is their flagship Management Trainee Program which is offered to other top business schools in India as well! Now I don't think it would be wise to publicly discuss the salary or the details of the job role, but you can confirm about the MT Program from your other reliable sources. I would be happy to address any of your further query. Thanks

31 Mar 2016, 11.42 AM