Undergrads snapped up by eager MNCs

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If you thought an MBA was the only sure shot way of raking in the moolah, think again.
Undergraduates in top colleges are being snapped up by MNCs at salaries that would do MBAs proud.

Today, campus placement packages in the range of `4 to 5 lakh are passé. Recently, Deutsche Bank offered a B.A. (Honours) Economics student from Lady Shri Ram College, a posting in London at an annual package of `32 lakhs. It also shortlisted a student from Shri Ram College of Commerce (SRCC) with a similar package.
P.C. Jain, principal, SRCC, says the trend is inspiring and encouraging for students. “I feel it is fine to reward one’s academic performance and if a company thinks that an attractive package can help them grab talent, it’s a win-win situation for both students and the firm.”
However, Pratibha Jolly, principal, Miranda House, disagrees. “I am impressed by the fact that students today are offered a good package. Today, students are open to experimentation, but I feel it eventually freezes career opportunities for them in the long run. It’s always better for students to complete their academic qualifications and wait for the right time and opportunity.”
With a growing need for talent, corporates don’t mind recruiting students with even a degree in B.A. Programme. “Recently, few international banks hired students for back-office work. Since it was difficult to find chartered accountants for financial jobs, companies preferred to hire B.Com graduates and train them according to the need,” says Dhruv (name changed), an engineering student.