Firms recruit more undergraduates this year

Even as the Indian Institutes of Management (IIMs) prepare for placements this month, regardless of the slowdown, companies are recruiting similar and even marginally higher numbers than last year, and highest salaries are competing with and even beating the average salaries at some of the IIMs. Highest salaries at some of the country's premier undergraduate institutions like St Stephen's, Lady Shri Ram College (LSR), St Xavier's Kolkata and Shri Ram College of Commerce (SRCC) are between Rs 12 lakh and Rs 14.7 lakh this year, and top recruiters include McKinsey & Company, Citibank, Deutsche Bank, Google, Deloitte, American Express and DE Shaw.

Read the Economic Times news report here.