Ask & Answer: India's Largest Education Community

Well, if you've heard for reliable sources like The Hindu or the Economic Times it is true. The salary at the top 3 IIMs are very high.
Before I mention the salaries, let me start by saying that there are two types of placements:
The Summer Placements: These are internships and salary may range from a few lakhs to even 10,000 per month and is for a period of two to three months. This internship may turn into a full time job based on your performance.
Final Placements: The type of job you get depends on your two years you spent at IIM, your grades, your extra-curriculars and internship. Your final placement salary may range from One Crore to 50,000 or so per month and it depends on the IIM you study in also.
Here are the median and highest salaries offered to students by companies last year (2015) at IIM-, IIM-B and IIM-C.
IIIM-A:
Highest salary: 1.38 crore and 70 lakhs as highest international salary
Median Salary: Average domestic salary would be about 18 lakhs.
IIM-B:
Highest salary: Highest domestic salary was 53 lakhs whereas, highest international salary was 73.38 lakhs.
Median Salary: Average domestic salary would be about 18-20 lakhs.
IIM-C:
Highest salary: 33.7 lakhs was the highest salary in 2015.
Median Salary: 17-18 lakhs was the median salary last year.

Hi Mohit,
The front office makes sure that the needs of guests, customers, or clients are identified and ensures that they are met quickly and appropriately.
Front office management is not only about 'people' aspects of a business but also about offering efficient back-end support to employees and manage operations of an office or a retail store. Modern technology also finds various uses in Front Office Management today, from number crunching to managing time to assisting customers and staff members effectively.
Shop floor management deals with the administration of the manufacturing processes or selling of goods on the floor of a shop space. Shop floor basically means the business accommodation where the fundamental as well as grass-root level functions are carried out. It is the space where the retailing is done and the goods are sold to the customers.
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Mohit,
Both the courses are good to pursue your career.
Front Office Managers play an important role in any service - be it retail banking, retail stores, or hotel industry. They are not only responsible for training and supervising receptionists and cashiers but also maintain and nurture customer relationships. They form the face of an organisation and are often responsible for resolving customer problems quickly and efficiently.
Generally, a fresher in the field can get a package of Rs 10,000 to Rs 15,000 a month.
Shop floor management is a lucrative but challenging job option. A plus point about this field is the attraction of business establishments towards the untapped markets of Asia. As a lot of raw material and human resources are available in these areas at a cheaper rate, businesses are keen in putting up their business centers here. These business centers are further greater cause of establishment of shop floors. Hence, shop floor management course can be an added advantage to professionals, as the business establishments would like to hire the trained professional rather than training them later on.
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Mohit,
Shop Floor Management provides an opportunity to learn about complete store concept inclusive of space and staff productivity; inventory controls; cost control; retail information systems and retail administration.
It also enables the student to:
- Understand the various aspects in day-to-day operations in retail store
- Understand the various aspects of retail organisation and retail financials
- Provide basic understanding of retail operation in terms of space productivity, planning, coordinating and structuring of the complete store
- Understand concepts of Retail Financials in relation to store budgeting in retailing and its connectivity with store planning for efficacious operation of an organisation
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Anil,
Investment banks offer a plethora of financial intermediary services to their clients such as underwriting, raising funds in capital markets by issuing equity or debt securities and also facilitating mergers and acquisitions, etc.
For pursuing a career in investment banking, individuals must:
Have a bachelor's degree in business administration or related fields such as finance
Courses offered in India:
Diploma in Investment Banking and Equity Research
MBA in Investment Banking
PG Programme in Security Analysis, Portfolio Management & Investment Banking
UG Programme in Security Analysis, Portfolio Management & Investment Banking
BA in Finance & Investment Banking
PG Diploma in Banking & Finance
Post Graduate Diploma in Investment & Business Research
Post Graduate Diploma in Global Investment
You can refer the article for more information:
https://www.shiksha.com/make-it-big-with-investment-banking-article-4944-1
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Anil,
Banking is one of the most sought after career choice among the students. It is an entry into a well paid, secure and status career. You can enter this profession through the below suggested:-
1. You can go ahead with the Bank Probationary Officer Exams. The eligibility criteria is graduation from recognized university and your age should be between 21-30 years.
2. You may do Diploma or Certificate Courses in Banking and Finance or even gain National/Bombay Stock Exchange Certifications.
3. Pick Finance as your specialization in MBA.
Job opportunities in banking are coming up mainly for financial managers, loan officers, bank tellers, bill and account collectors, book keeping and auditing clerks, financial service representatives, etc. You may work in various departments like customer service, front desk, cash handling, account opening, banking officer, assessor, loan manager, mortgage loan underwriter, accountant, product marketing and sales executive, recovery officer, retail asset manager, property appraiser, etc.
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Anil,
If you're planning to become an self-employed CPA, it would certainly provide you with excellent skills and insight that could make you a better CPA, but it's unlikely that you'd see a commensurate increase in your income to offset the loss of earning years and experience. An MBA with an accounting focus would probably be a better choice.
If you're really not sure what you want to do with the degree, an MBA may provide more flexibility, but it would be less of a differentiator if you were going for a hardcore Financial position.
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!