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,
Make sure you maintain a good score in your CAT/XAT mocks, especially focusing on the VA section. The next step in the process is the MICAT. This is a paper that does not require much preparation as it tests your creative and reasoning abilities for the most part
As for the GE, show that you can work well in a group, not letting others participate or being too talkative does not help, quite the contrary, it may harm your chances. In the PI, you may be asked to justify the decisions you have made regarding your academics or your career. Depending on your interest, the panelists may ask questions about the Marketing and Advertising Industry. So it helps to be abreast with the latest developments in these fields. The PI in MICA does not attempt to grill the candidate. They try to ensure that you are the right fit for MICA. The GD/ PI for all the colleges are same.
I read online forums and took GD-PI guidance but an interview is a subjective thing, they can ask you anything and there is no defined rule to score well in it . Every interviewer is looking for versatility, hence instead of producing manufactured answers, do your own soul searching. You need to be updated on the latest news and currents trends. Industry professionals are the best people to gain inputs for various fields, dig in your circle and try to extract maximum from them
You can go through the below mentioned links for more information:
https://www.shiksha.com/gd-pi-recall-how-i-cracked-mica-article-7001-1
https://www.shiksha.com/how-to-crack-micat-hear-it-from-the-micans-article-7232-1
All the best.

Hi,
The latest to join the online education is myBskool.com. It is started by Chennai based online portal on the lines of Mass Open Online Courses (MOOC) by Ivy League universities like Harvard and Stanford. The course offers 100-day, 100-hour learning mini-MBA programme for free. It was started in 2013 in collaboration with the Madras Management Association (MMA), where it offers management lessons for an hour a day.
The online programme is a summarized version of a full-fledged MBA programme and its content has been co-created in partnership with IIM Ranchi. Being free of cost, it would be quite useful to working professionals, students and startup professionals who are just looking to learn and upgrade their business knowledge and managerial skills, even without the formal qualification.
For more details, you can check the below mentioned link:
https://www.shiksha.com/free-online-mini-mba-course-article-5639-1
All the best.