Barring the top 50 Bschools, the remaining institutes find it difficult to place all their students. The average annual pay here for both years is Rs 4 lakh.Companies like Religare and OrangeScape Technology have offered salaries of Rs 2-3 lakh at SRMIST. The average salary at TAPMI is Rs 10.6 lakh, among the highest in second-rung institutes, compared with Rs 10.1lakh per annum last year. According to another former faculty member who taught at IIMs, students have to accept offers of Rs 2-3 lakh. Deloitte prefers to take the summer internship route, especially when it comes to zeroing in on talent from tier-2 schools.

Source: Economic Times March 24, 2018 02:03 UTC