Beating the economic slowdown, a final year undergraduate student from HR college, Churchgate, has managed to secure a job with a starting salary of Rs 20 lakh per annum. Japanese retail major Uniqlo selected the commerce student after campus interviews. The college withheld the name of the student as the placement process is still in progress.
Other companies such as Godrej, Deloitte and Price-waterhouse Coopers have also made impressive offers to students at the college this year, with offers between Rs 6 lakh and Rs 8 lakh per annum.
In comparison, the highest offer at the college last year was Rs 6 lakh. At St Xavier’s college, the highest offer last year was Rs10 lakh. “The highest salary as well as the average starting salary have been higher than last year,” said Nisha Punjabi, 20, student head of the placement cell.
The Rs20 lakh annual package is nearly at par with last year’s top offers at management institutes such as SP Jain Institute of Management and Research (Rs 23 lakh), Narsee Monjee Institute of Management Studies (Rs 25 lakh) and Jamnalal Bajaj Institute of Management Studies (Rs 26 lakh).
“This (Rs 20 lakh per annum salary) is surprisingly high for a graduate student’s starting salary,” said Vibhuti Patel professor and head of economics department at SNDT Univer-sity.
“Getting a job is no longer just about a degree; it is also about soft skills, interview abilities and how students carry themselves.”