What is the average package in banking and finance? Can I expect being placed in companies other than banks?
Asked about Asia-Pacific Institute of Management, New Delhi - PGDM in Banking and Financial Services
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3 Answers
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Hello Nupur,
The average package in Banking & Finance ranges from INR 5 LPA - INR 8 LPA. Yes, you can expect to be placed in companies other than banks. Various companies like ITC, JLR, EY, L'Oreal, Blue Star, Aditya Birla Group, ICICI Bank, Decathlon, Flipkart, Zycus, TATA, American Express, Bajaj Finserv, Indiabulls, KPMG and many more visit the campus to recruit the students of AIM. -
The average package can be around INR 7.5 lakhs. Also, please keep in mind that the package, as well as associated perks and incentives largely depend on the company that hires you.
Banks like ICICI, Yes Bank and HDFC Bank are great places to begin great careers. However, after completing a PGDM program in Banking & Finance, if you feel that you don't want to start with a bank, that's absolutely fine. You can find placements in all the prestigious brands and organizations across sectors including financial services, manufacturing, retail, FMCG, etc. E&Y, Tata Motors Finance Limited, ITC Limited, Birla Sun Life, Blue Star, Kent Ro, Indi...more -
Dear Nupur,
Joining Master's in finance doesn't mean that you will get a job only in the commercial bank. There are some other sectors and field also which requires a high level of finance students. If you are very good in quantitative finance and have a brilliant academic record you will surely get a job of financial analyst, risk manager, financial planner, M & A expert etc in any core finance company or investment bank. However, the average package depends upon your own capabilities, past work experience and the college you are studying in.
Hope this helps. Upvote the answer if you feel satisfied.
Ask any query at any time. Good Luck...more
Similar Questions for you
Asia-Pacific Institute of Management offers at least 5 unique specializations in the Post Graduate Diploma in Management (PGDM) program. Students can choose from a variety of PGDM as well as an MBA course offered by the institute. The PGDM course fees costs around INR 11.5 lakhs and is available in the following specializations:
- PGDM (General)
- PGDM in Banking & Financial Services
- PGDM in Marketing Management
- PGDM in Healthcare Management
- PGDM in Big Data Analytics
Furthermore, students are free to check out the various scholarship and fee-waiver schemes that offer them assistance in achieving their aspirational goals.
The Asia-Pacific Institute of Management hasn't as of yet released their cutoff but as per the trends the expected cutoff can be around 80-85 percentile. The expected cut-off in the Quantitative Aptitude section lies around 40 percentile. For the VARC section, it is again 40 percentile, and for the DILR section, the expected cut off is between 40 - 45 percentile.
The overall CAT percentile required for getting shortlisted by Asia-Pacific Institute of Management has been 70 for the general category students in the year 2022 and 2023 and not much change is expected based on their previous trends.
At the Asia-Pacific Institute of Management (AIM), the Master of Business Administration (MBA) is often considered the top course. AIM offers MBA programs with various specializations such as Marketing, Finance, HR, International Business, Operations, and Business Analytics.
The tuition fees for the MBA/PGDM programme at Asia-Pacific Institute of Management range from INR 9.9 Lakhs to 11.4 Lakhs. The eligibility criteria include a graduation percentage of 45-50% and qualifying exams such as MAT/XAT plus two more exams. For more specific details or to confirm the information, it's advisable to visit the institute's official website or contact them directly.
In 2023, the placement statistics showcased a promising outlook for students. The highest package offered stood at INR 22 LPA, reflecting the competitive opportunities available. On average, students secured placements with an attractive package of INR 8.11 LPA. The campus welcomed a diverse array of companies, with over 1,258 visiting overall, including 80% being multinational corporations. Amidst these opportunities, a total of 195 offers were extended to students, showcasing the demand for talent. Notably, 30% of students received multiple offers, underlining the strength of the talent pool and the diverse avenues available for thei
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