Professional Documents
Culture Documents
Aon Campus Study 2017-18 - Detailed Report
Aon Campus Study 2017-18 - Detailed Report
Detailed Report
Aon Hewitt
India | Aon Campus Study 2017-18
Table of Contents
• About the Study……………………………………………………………………………………………………………………...... 3
• Executive Summary……………………………………………………………………………………………………………….….. 4
• MBA……………………………………………………………………………………………………………………………............. 12-36
• B.Tech…………………………………………………………………………………………………………………………………. 37-53
• M.Tech…………………………………………………………………………………………………………………………………. 54-71
• Graduate…………………………………………………………………………………………………………………………….…. 73-79
• CA / CFA……………………………………………………………………………………………………………………………..… 80-84
• Other Qualifications – Hotel Management, B.Pharm / M.Pharm, B.A.(LLB) / M.A.(LLM), Ph.D…………………………........ 85-99
• Glossary………………………………………………………………………………………………………………………………... 117
Aon Hewitt
India | Aon Campus Study 2017-18 1
About the Study Participant Profile
To understand the campus strategy and compensation Aon Hewitt surveyed 379 organizations across 8 industries to
philosophy adopted by companies across different campuses, understand their campus strategies for identified educational
Aon has launched the Aon Campus Study 2017-18. qualifications, across different tiers for 2017-18.
The data for the study was collected between October 2017 to
December 2017. 3 Tiers
Aon Hewitt
India | Aon Campus Study 2017-18 22
Executive Summary – A Buyer’s Market
Today, India is flooded with a large number of educational institutions, churning lakhs of graduates every year, who join the
talent pool, looking to find their footing in the Indian job market. This heavy influx of talent, coupled with limited job
opportunities, seems to be the primary cause of high rates of unemployment amongst this workforce. Furthermore, the lack
of formal accreditation amongst these colleges poses increasing number of questions on the employability of such talent,
thereby adding to the woes of an average Indian graduate.
The findings of the Aon Campus Study 2017-18 have suggested that it is indeed a “buyer’s market”, as the organizations
are adopting a well thought through approach towards campus strategy.
While 95% of the organizations indicate an improvement in the business performance as compared to the last fiscal, only
32% of the companies have reflected a positive increase in the number of campus hires. In fact, a reversal trend has begun
to emerge with 19.4% of the organizations (as against 16% last year), indicating a dip in the quantum of talent recruited
from the campus. This decline in the human capital investment at the campus, (largely attributed to IT services, E-
commerce and Start Up sectors) may be due to the factors such as uncertain economic conditions, structural changes,
reduced funding and slashed valuations. These factors have also contributed to a lower rate of attrition witnessed for this
demographic, thereby reflecting on the perception of the current job market amongst campus hires.
Along with a drop in the number of hires, the level of compensation offered at campuses has witnessed muted increases of
3% to 7% across qualifications. Pay differentials have not seen a change either. Organizations continue to offer a
substantial premium for Tier 1 talent but the hype around exorbitant packages at the campus has clearly been subdued.
While the crème de la crème of the educational institutes in the country have the luxury of boasting attractive compensation
packages and high placement figures, the rest, which is the majority, don’t quite make the mark.
Aon Hewitt
India | Aon Campus Study 2017-18 3
Executive Summary – A Buyer’s Market
Lower compensation increases, reduced number of jobs and controlled attrition amongst the current working
population has forced the excessive supply of talent to operate on the backfoot. We now have more people fighting
for a limited piece of the pie, thereby strengthening the narrative of a “buyer’s market”.
2017 has seen companies laying greater impetus on educational specializations and their application in the current
business context. There is a growing demand for specialized skill sets such as Artificial Intelligence, Robotics,
Internet of Things (IoT), Big Data, and Machine Learning etc. with companies extending a premium of 15-20% for
such talent, over other qualifications. “Specialization is Key”.
To remain relevant in today’s market, not only should organizations identify talent equipped with such niche skills,
campuses should also enhance & update their educational offerings built on these specialized skills in order to meet
the evolving market demand.
Aon Hewitt
India | Aon Campus Study 2017-18 4
Campus Strategy Framework
3 Steps to a Comprehensive Campus Compensation Strategy
Market Outlook
Campus
Compensation
Strategy
The report covers the 3 steps involved in a comprehensive campus compensation strategies
• Market Outlook – Positive / Negative sentiment basis changes in campus compensation and number of hires
• Talent Mix – Talent distribution, Tier Differential and Attrition
• Compensation & Pay Mix – This section covers the compensation and pay mix aspects
Aon Hewitt
India | Aon Campus Study 2017-18 5
Market Outlook
Muted Compensation Increases at Campuses
18%
32%
33% 32%
66%
50%
Aon Hewitt
India | Aon Campus Study 2017-18 6
Market Outlook
Curbing of Early Attrition
17%
31%
With 70% of the
organizations capturing
data around early attrition
70% Yes Less than 6 Months
of campus hires (as
compared to 57% in
2016), it is evident that
No Less than 1 Year organizations are starting
Less than 2 Years to address the growing
problem of attrition,
amongst this fresh talent
pool
52%
15.1% 13.7% 13.5% 11.7% 8.5% While there has been a drop
in attrition numbers across
most of the qualifications vis-
à-vis 2016, MBA & Graduate
qualifications continue to
record the highest levels of
attrition for campus hires
MBA Graduate B.Tech CA / CFA M.Tech
Aon Hewitt
India | Aon Campus Study 2017-18 7
Market Outlook
Additional Insights
Aon Hewitt
India | Aon Campus Study 2017-18
Benefits Offered at Campuses
Laying greater impetus on Learning & Development
Learning & Development Learning & Development Learning & Development Health & Wellness Initiatives
Performance Based Growth Performance Based Growth Performance Based Growth Performance Based Growth
Job Rotation Opportunities Health & Wellness Initiatives Health & Wellness Initiatives Learning & Development
Student Loan Payment Student Loan Payment Travel Assistance Student Loan Payment
Pre-Placement Talks
continue to reign as the
most preferred brand
building initiative
Pre-Placement amongst organizations
Talks at the campus
Aon Hewitt
India | Aon Campus Study 2017-18 10
MBA
Aon Hewitt
India | Aon Campus Study 2017-18
Market Outlook
MBA compensation growth momentum starting to plateau for Tier 1 campuses
Analysis on Total Cost to Company median (P50) data-points
Figures in INR 000’s
Overall Tier 1 Tier 2 Tier 3 Average Increase %
675
Tier 3 7.2% 6.7%
621 640
505 550
457 476
MBA Tier 1 compensation has displayed an average increase of 9.3% till 2016. However, since then this growth has begun to
plateau at 3.3% annually.
Tier 2 and Tier 3 have showcased a constant increase, in the range of 6.5% - 7.5%, over the last 7 years.
Aon Hewitt
India | Aon Campus Study 2017-18 12
Market Outlook
Early Attrition highest for Tier 1 graduates
Assessing Early Attrition Classification of Early Attrition
56%
30% 31%
47% 52% 52%
33%
2016 saw a distinctive shift in the hiring mix with organizations laying greater focus on recruiting and developing talent from Tier 2
& Tier 3 colleges.
This sentiment of a balanced approach to hiring has continued in 2017 as well, with a drop of only 1% amongst Tier 1 college
hiring as compared to last year.
Aon Hewitt
India | Aon Campus Study 2017-18 14
Talent Mix
Tier Differential
IIMs* vs Other Tier 1 Overall Tier 1 vs Tier 2 Overall Tier 1 vs Tier 3 Tier 2 vs Tier 3
The pay differential observed for Tier 1 or Tier 2 colleges over Tier 3 colleges has seen a minimal positive shift, (as compared to
2016), indicating that while organizations are looking at increasing the headcount from Tier 3 colleges, the 2017 compensation
increase remains slightly muted, when compared with other tiers
Aon Hewitt
India | Aon Campus Study 2017-18 *IIMs denote IIM (A,B,C,L) 15
Talent Mix
MBA Functional Preference – Tier 1 Campuses
S.P. Jain Institute of Management and Research, Mumbai Sales & Marketing Operations
TISS, Mumbai HR Project Management
XLRI, Jamshedpur HR Sales & Marketing
Aon Hewitt
India | Aon Campus Study 2017-18 16
Talent Mix
MBA Functional Preference – Tier 1/2 Campuses
HR/ Operations
In addition to Sales
& Marketing, HR and
Operations emerge
SIBM, Pune HR Sales & Marketing as the function of
choice while
SJMSoM, IIT Bombay Sales & Marketing Supply Chain recruiting talent from
MBA Tier 1 / 2
Symbiosis Centre for Management and Human Resource campuses
HR Sales & Marketing
Development, Pune
Indian Institute of Management (IIM), Shillong Sales & Marketing Operations
Aon Hewitt
India | Aon Campus Study 2017-18 17
Compensation & Pay Mix
MBA Campus Compensation Payouts Muted
IIMs Overall Other Tier 2 Tier 3 IIMs Overall Other Tier 2 Tier 3
(A,B,C,L) Tier 1 Tier 1 (A,B,C,L) Tier 1 Tier 1
% Denotes % change between 2017 & 2018 % Denotes % change between 2017 & 2018
The median for both TCC and TFC, for Overall Tier 1 is expected to increase by 3.2% and 3% respectively in 2018; thereby
indicating muted increases in both elements of campus compensation. These figures have showcased a dip of roughly 2% as
against last year’s numbers.
Similar trends are witnessed amongst Tier 2 and Tier 3 campuses, however projected increases for 2018 are marginally better as
compared to that of Tier 1.
Aon Hewitt
India | Aon Campus Study 2017-18 18
Compensation & Pay Mix
MBA Campus Variable Payouts
IIMs Overall Other Tier 2 Tier 3 IIMs Overall Other Tier 2 Tier 3
(A,B,C,L) Tier 1 Tier 1 (A,B,C,L) Tier 1 Tier 1
Aon Hewitt
India | Aon Campus Study 2017-18 19
Compensation & Pay Mix
MBA Industry Differential
Total Cost to Company (TCC) Figures in INR 000’s
43% of the organizations have reported to pay Joining touch INR 2.50 Lakh in 2018, as compared to INR 2.25 Lakh in 2017.
Bonus at MBA campuses, of which only 7% of the Similar muted increase trends are expected across all tiers of
organizations are expected to increase joining bonus, colleges except for Tier 3 colleges.
while 91% of the organizations are expected to keep it Joining Bonus is paid at different stages of employment :
similar to that of 2016 • Upon commencement /acceptance of employment - 66%
• After 1 year - 22%
• Split Payment - 12%
Aon Hewitt
India | Aon Campus Study 2017-18 21
Compensation & Pay Mix
MBA Campus Compensation for Experienced Professionals
Prevalence of Pay Differentiation for Experienced Payouts for Experienced Professionals (over above TCC) –
Professionals for each relevant year of experience
61% 2 – 4 Years
90,000
per relevant year
1,00,000
per relevant year
Yes
of exp of exp
No
100,000 120,000
39% 4 – 6 Years per relevant year per relevant year
of exp of exp
Aon Hewitt
India | Aon Campus Study 2017-18 22
Compensation & Pay Mix
MBA Stipend Compensation
Internship Program Prevalence Stipend (Per Month)
9% 65
Yes
91% 25
No 15
PPI / PPO Prevalence
91% of the organizations have reported to offer internship
programs for MBA, with a median stipend (per month) of 65K at
25%
Tier 1 campuses , which is 1.6 times higher than stipend offered
at Tier 2
Yes In addition to stipend, interns are also provided with transport
facilities and accommodation in guest houses by 56.5% and
No 35.6% of organizations respectively
Pre-Placement Talks
and Pre-Placement
Offers continue to reign
as the most preferred
Pre-Placement
brand building initiatives
Talks
at campuses for
recruiting MBA talent
Pre-Placement 1
Offers Live Projects and Case
Guest Lectures Study Competitions
enable the organization
2 to assess its future
employees, while also
Live Projects 3 Case Study providing the graduates
Competitions with a glimpse of the
industry and
4 organizational
5 landscape
Aon Hewitt
India | Aon Campus Study 2017-18 24
MBA Compensation
MBA Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 25
MBA Compensation
MBA Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 26
MBA Compensation
MBA Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 27
MBA Compensation
MBA Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 28
MBA Compensation
MBA Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 29
MBA Compensation
MBA Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 30
Tier Classification - MBA
*Tier Classification is based on modal data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 31
Tier Classification - MBA
*Institutes appearing in Tier1/2 represent equal spilt of organizations considering them as either Tier 1 or Tier 2
Aon Hewitt
India | Aon Campus Study 2017-18 32
Tier Classification - MBA
Allianz Business School, Bangalore
Bharathidasan Institute of Management (BIM), Trichy
Birla Institute of Management & Technology (BIMTECH), Greater Noida
Department Of Management Studies, IIT Delhi
Department Of Management Studies, IIT Kanpur
Tier 2*
Department of Management Studies, IIT Roorkee
Fore School of Management, Delhi
Goa Institute of Management, Goa
Great Lakes Institute of Management, Chennai
Institute of Management & Technology (IMT), Nagpur
Indian Institute of Forest Management, Bhopal
Indian Institute of Management (IIM), Chhattisgarh
Indian Institute of Management (IIM),Kashipur
Indian Institute of Management (IIM), Rohtak
Indian Institute of Management (IIM), Tamil Nadu
Indian Institute of Management (IIM), Udaipur
Indian Institute of Management (IIM), Vizag
International Management Institute (IMI), Delhi
Aon Hewitt
India | Aon Campus Study 2017-18 33
*Tier Classification is based on modal data provided by majority (70%) of the organization
Tier Classification - MBA
*Tier Classification is based on modal data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 34
Tier Classification - MBA
*Tier Classification is based on modal data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 35
B.Tech
Aon Hewitt
India | Aon Campus Study 2017-18
Market Outlook
B.Tech compensation growth momentum slowing down across tiers
Analysis on Total Cost to Company median (P50) data-points
Figures in INR 000’s
Overall Tier 1 Tier 2 Tier 3 Average Increase %
2012-2016 2016-2018(P)
1105
1062
1000 Overall
8.2% 5.3%
911 Tier 1
858
797
710 694 720
650
550 583
500 Tier 2 9.8% 6.2%
436
436 460
400 425 Tier 3 7.0% 4.0%
369 384
315
B.Tech Tier 1 compensation has displayed an average increase of 8.2% till 2016, however it has grown only 5.3% over the last
three years thereby indicating a slowdown in compensation growth
Similar trend is seen for Tier 2 and Tier 3 institutes as well
Aon Hewitt
India | Aon Campus Study 2017-18 37
Market Outlook
Early Attrition highest for Tier 3 graduates
Assessing Early Attrition Classification of Early Attrition
64%
20% 26%
Less than 6 Months
64% of organizations
capture early attrition for
B.Tech campus hires, of
Yes which 54% of he
Less than 1 Year organizations define
No
early attrition to be Less
Less than 2 Years than 1 Year
54%
2015
2016 2017
While the number of B.Tech campus hires from Tier 1 institutes has remained constant at 11% in both 2015 & 2016, there has
been a spurt of hiring amongst this tier in 2017 by 3%.
On the other hand, we have witnessed a corresponding decrease in the Tier 3 campus hires.
Aon Hewitt
India | Aon Campus Study 2017-18 39
Talent Mix
Tier Differential
IIT’s* vs Other Tier 1 Overall Tier 1 vs Tier 2 Overall Tier 1 vs Tier 3 Tier 2 vs Tier 3
Organizations are willing to pay Overall Tier 1 campus hires 2.4 times that of Tier 3 and 1.5 times that of Tier 2 campus hires;
while Tier 2 campus hires enjoy a pay differential of 1.6 times when compared to Tier 3 campus hires
Similar pay differentiation was also witnessed in 2016
IITs* Overall Other Tier 2 Tier 3 IITs* Overall Other Tier 2 Tier 3
Tier 1 Tier 1 Tier 1 Tier 1
% Denotes % change between 2017 & 2018 % Denotes % change between 2017 & 2018
The median for both TCC and TFC, for Overall Tier 1 is expected to increase by 4.0% and 4.4% respectively in 2018; thereby
indicating muted increases in both elements of campus compensation. These figures have showcased a dip of roughly 3- 4% as
against last year’s numbers.
Similar trends are witnessed amongst Tier 2 and Tier 3 campuses
IITs* Overall Other Tier 2 Tier 3 IITs* Overall Other Tier 2 Tier 3
Tier 1 Tier 1 Tier 1 Tier 1
1578 1627
1451 1525 1400 1425
1062 1105 1010 1045 975 1015 928 950 910 955
713 753
In 2017, E-
Commerce retained
it’s position as the
top-paying industry
for Tier 1 B.Tech
graduates, offering
E-com Consumer Financial Pan India Hi-Tech ITeS Life Services Engineering/ 44% & 48.6% higher
Products Institutions Sciences Manufacturing than Pan India, on
TFC & TCC
Total Fixed Compensation (TFC) Figures in INR 000’s respectively
This is closely
1372 1413 1330 1408 followed by
1150 1200
Consumer Products,
950 992 910 942 900 955 825 835 800 850 offering 40% & 36.6%
640 670 above the Pan India
numbers, on TFC &
TCC respectively
E-com Consumer Financial Pan India Hi-Tech ITeS Life Services Engineering/
Products Institutions Sciences Manufacturing
34% of the organizations have reported to pay Joining The median joining bonus offered at IITs* is expected to touch INR
Bonus at B.Tech campuses, out of which 9.3% of the 2.25 Lakh in 2018, as compared to INR 2 Lakh in 2017. Similar
organizations are expected to increase joining bonus muted increase trend is expected across Tier 3 colleges.
as compared to last year, while 89.9% of the Joining Bonus is paid at different stages of employment : Upon
organizations are expected to keep it similar to that of commencement of employment , After 1 year/ 6 months and part
2017 payment between commencement and completing 1 year/ 6 months
*IITs denote: IIT Kharagpur, Bombay, Delhi, Kanpur, Chennai, Roorkee
Aon Hewitt
India | Aon Campus Study 2017-18 44
Compensation & Pay Mix
B.Tech Stipend Compensation
Internship Program Prevalence Stipend (Per Month)
12% 30
24
Yes 15
No
25%
88% of the organizations have reported to offer internship
programs for B.Tech with a median stipend (per month) of 30 K
at Tier 1 campuses, which is 1.25 times higher than what is
offered at Tier 2
Yes In addition to stipend, interns are also provided with transport
facilities and accommodation in guest houses by 48.2% and
No 28.3% of organizations respectively
Pre-Placement Talks
continue to reign as the
most preferred brand
building initiative
Pre-Placement amongst organizations
Talks for B.Tech / M.Tech
talent
Aon Hewitt
India | Aon Campus Study 2017-18 46
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 47
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 48
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 49
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 50
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 51
B.Tech Compensation : Detailed Report
B.Tech Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 52
M.Tech
Aon Hewitt
India | Aon Campus Study 2017-18
Market Outlook
Early Attrition highest for Tier 3 graduates
Assessing Early Attrition Classification of Early Attrition
61%
capture early attrition for
Less than 6 Months M.Tech campus hires,
Yes out of which 49% of the
Less than 1 Year organizations define
No
early attrition to be Less
Less than 2 Years than 1 Year
49%
6%
11%
Tier 1
32%
32% 57%
61% Tier 2
Tier 3
2016 2017
There has been a distinctive shift in the hiring mix this year, with organizations laying greater focus on recruiting and developing
talent from Tier 3 colleges, and a drop of 4% for Tier 1 college hiring as compared to last year.
The number of M.Tech campus hires from Tier 1 & Tier 2 campus constitute 89% of the total M.Tech graduates hired across the
study respondents
Aon Hewitt
India | Aon Campus Study 2017-18 55
Talent Mix
Tier Differential
IIT’s* vs Other Tier 1 Overall Tier 1 vs Tier 2 Overall Tier 1 vs Tier 3 Tier 2 vs Tier 3
Organizations are willing to pay Overall Tier 1 campus hires 2.0 times that of Tier 3 and 1.4 times that of Tier 2 campus hires; Tier
2 campus hires enjoy the same pay differential of 1.4 times when compared to Tier 3 campus hires
Similar pay differentiation was also witnessed in 2016
Aon Hewitt
India | Aon Campus Study 2017-18 56
Compensation & Pay Mix
M.Tech Campus Compensation Payouts
IIT's* Overall Other Tier 2 Tier 3 IIT's* Overall Other Tier 2 Tier 3
Tier 1 Tier 1 Tier 1 Tier 1
% Denotes % change between 2016 & 2017 % Denotes % change between 2016 & 2017
The median for Overall Tier 1 is expected to increase by 4.8% and 5.5% for TCC and TFC, respectively in 2018
Whereas the overall medians for Tier 2 is expected to increase by 5.7% and 7.9% for TCC and TFC respectively, similarly
projected increases for Tier 3 are marginally better as compared to that of Tier 1.
IITs* Overall Other Tier 2 Tier 3 IITs* Overall Other Tier 2 Tier 3
Tier 1 Tier 1 Tier 1 Tier 1
44% 150
100 100
55 61
44% of the organizations have reported to pay Joining 2.20 Lakh in 2018, as compared to INR 2.0 Lakh in 2017. Similar
Bonus at M.Tech campuses positive increase trends are expected across all tiers of colleges.
Joining Bonus is paid at different stages of employment : Upon
commencement of employment , After 1 year/ 6 months and part
payment between commencement and completing 1 year/ 6 months
4% 30
25
20
Yes
96% No
PPI / PPO Prevalence
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 61
M.Tech Compensation : Detailed Report
M.Tech Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 62
M.Tech Compensation : Detailed Report
M.Tech Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 63
M.Tech Compensation : Detailed Report
M.Tech Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 64
M.Tech Compensation : Detailed Report
M.Tech Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 65
M.Tech Compensation : Detailed Report
M.Tech Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 66
Tier Classification – B.Tech / M.Tech
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 67
Tier Classification – B.Tech / M.Tech
*Institutes appearing in Tier1/2 represent equal spilt of organizations considering them as either Tier 1 or Tier 2
Aon Hewitt
India | Aon Campus Study 2017-18 68
Tier Classification – B.Tech / M.Tech
*Tier Classification is based on modal data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 69
Tier Classification – B.Tech / M.Tech
*Tier Classification is based on modal data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 70
Tier Classification – B.Tech / M.Tech
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 71
Graduate
Aon Hewitt
India | Aon Campus Study 2017-18
Market Outlook
Early Attrition highest for Tier 2 graduates
Assessing Early Attrition Classification of Early Attrition
70%
capture early attrition
Less than 6 Months across graduate
Yes campus hires, of which
No Less than 1 Year 42% of the
organizations define
Less than 2 Years early attrition to be Less
42% than 1 Year
Pre-Placement Talks
continue to reign as the
most preferred brand
building initiatives for
Pre-Placement Graduates Talent
Talks
Live Projects are also
very popular amongst
1 graduate colleges while
Live Projects
organizations are also
Social looking at Social media
Advertising advertising as a means
2 to actively engage
Alumni Connect prospective employees
Session
3 Sponsoring
college events
4
5
Aon Hewitt
India | Aon Campus Study 2017-18 74
Graduate Compensation : Detailed Report
Graduate Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 75
Graduate Compensation : Detailed Report
Graduate Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 76
Tier Classification – Graduate
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 77
Tier Classification – Graduate
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 78
CA / CFA
Aon Hewitt
India | Aon Campus Study 2017-18
Brand Building Initiatives at Campuses
Alumni Sessions and Pre Placement Talks amongst top ranked initiatives
Pre-Placement Talks
continue to reign as the
most preferred brand
building initiatives for
CA/CFA Talent
Pre-Placement
Talks
Internships/Articleships
Corporate 1 and Corporate
Competitions Competitions enable
Internships (PPO) the organization to
assess its future
2 employees, while also
Alumni Connect providing the graduates
Session
3 Sponsoring with a glimpse of the
college events industry and
organizational
4 landscape
5
Aon Hewitt
India | Aon Campus Study 2017-18 80
CA / CFA Compensation : Detailed Report
CA / CFA Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 81
CA / CFA Compensation : Detailed Report
CA / CFA Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 82
CA / CFA Compensation : Detailed Report
CA / CFA Campus Compensation Payouts – Joining Bonus
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 83
Other Qualifications
Aon Hewitt
India | Aon Campus Study 2017-18
Hotel Management Compensation : Detailed Report
Hotel Management Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 85
Hotel Management Compensation : Detailed Report
Hotel Management Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 86
Tier Classification – Hotel Management
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 87
Tier Classification – Hotel Management
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 88
B.Pharm / M.Pharm Compensation : Detailed Report
B.Pharm / M.Pharm Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 89
B.Pharm / M.Pharm Compensation : Detailed Report
B.Pharm / M.Pharm Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 90
Tier Classification – B.Pharm / M.Pharm
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 91
Tier Classification – B.Pharm / M.Pharm
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 92
B.A (LLB) / M.A (LLM) Compensation : Detailed Report
B.A (LLB) / M.A (LLM) Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 93
B.A (LLB) / M.A (LLM) Compensation : Detailed Report
B.A (LLB) / M.A (LLM) Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 94
Tier Classification – B.A (LLB) / M.A (LLM)
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 95
Ph.D Compensation : Detailed Report
Ph.D Campus Compensation Payouts – Total Cost to Company (TCC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 96
Ph.D Compensation : Detailed Report
Ph.D Campus Compensation Payouts – Total Fixed Compensation (TFC)
Figures in INR
Aon Hewitt
India | Aon Campus Study 2017-18 97
Tier Classification – Ph.D.
*Tier Classification is based on tier classification data provided by majority (70%) of the organization
Aon Hewitt
India | Aon Campus Study 2017-18 98
Participant Profile
8 Industries
379 Companies
Industry % of Participants
8% 2% Hi-Tech 23%
23%
9%
Engineering/Manufacturing 19%
Aon Hewitt
India | Aon Campus Study 2017-18 100
Participant Profile
Consumer Products
Aon Hewitt
India | Aon Campus Study 2017-18 101
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 102
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 103
Participant Profile
Tata Power
Tata Steel
TE Connectivity
Vedanta Limited- Jharsuguda
73 Companies
Textron
TSPL
TVS Motor Company Ltd.
United Breweries Limited
UPL Limited (Uniphos)
Ford India Pvt Ltd.
Engineering/ Vedanta Zinc International
Manufacturing
WS Atkins India Pvt Ltd.
WSP | Parsons Brinckerhoff
Aon Hewitt
India | Aon Campus Study 2017-18 104
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 105
Participant Profile
Invesco Hyderabad Pvt. Ltd SBI Card & Payments Services Pvt. Ltd.
JM Financial Limited SBI Life Insurance
Kotak Bank Societe Generale Global Solution Centre
Kotak Bank (Private Banking) SREI Equipment
59 Companies
Kotak Mahindra Old Mutual Life Insurance Pvt. Ltd. Standard Chartered Bank
L&T Finance Star Union Dai-Ichi Life Insurance Co Ltd
L&T Financial Services (Assest Management) State Street
Mastercard Tata AIG
Morgan Stanley Tata Capital Financial Services Limited
Muthoot Finance Toyota Financial Services India Ltd.
Financial National Payments Corporation Of India TVS Credit Services Limited
Institutions
National Stock Exchange Of India Ltd UTI Asset Management Company Ltd.
PNB Housing Finance Visa Worldwide
Religare Wells Fargo India Solutions Pvt Ltd.
Royal Sundaram General Insurance Co. Ltd.
Aon Hewitt
India | Aon Campus Study 2017-18 106
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 107
Participant Profile
HP Inc. Makemytrip.Com
IBM India Private Ltd Manhattan Associates Software India Pvt Limited
Idemia (Formerly Morpho) Marvell India Private Limited
Inatech Mastercard
87 Companies
Indus Valley Partners Maxim Integrated
Infineon Mercedes Benz Research And Development India
Infinite Microland Limited
Infoedge Mindtree Consulting
Infosys Ltd. Monotype
Innodata Pvt. Ltd. NIIT Technologies
Hi-Tech Interglobe Technologies (Indigo) Nokia
Interra Systems India Pvt. Ltd. NTT Data Services
Intuit Nvidia
KPMG Global Services NXP Semiconductors
Lava International Ltd. ON Semiconductor
Aon Hewitt
India | Aon Campus Study 2017-18 108
Participant Profile
Oravel Stays Private Limited (Oyo Rooms) Siemens Gamesa Renewable Pvt Limited
Paypal ST Microelectronics
Persistent Technologies Subex Ltd.
Philips India Ltd. Synopsis
87 Companies Qualcomm India Pvt Ltd Tata Consultancy Services
Quest Global Tecnotree Convergence Pvt Ltd.
Quinnox TiVo
Rambus Chip Technologies India Pvt Ltd Unisys
Rivigo Verizon Data Service India Pvt Ltd
Robert Bosch Engineering And Business Visa Worldwide Pvt Ltd
Solutions Private Limited. Vistaar Systems Pvt Ltd.
Hi-Tech
Rohm Semiconductor Whirlpool Of India Ltd.
Sabre
Sapient Consulting Pvt Limited
Schneider Electric
Seagate Technology Hdd (India) Pvt Ltd
Aon Hewitt
India | Aon Campus Study 2017-18 109
Participant Profile
Alight Solutions Genpact India Private Limited
Aon Consulting India Private Limited Goldman Sachs
BA Continuum HCL BPO
Blackrock Services India Pvt Ltd Home Credit
46 Companies
Capita India HSBC (GSC India)
Citibank IMS Health
Concentrix Daksh Pvt Ltd Services iNautix - Annual Study
Credit Suisse JP Morgan Chase Services India Pvt Ltd.
DBS Asia Hub 2 Maersk India Private Limited
Deloitte Shared Services Morgan Stanley
ITeS Epsilon Mphasis Ltd.
(IT Enabled Services) EXL Services Northern Trust
EY Shared Services Novo Nordisk India Private Limited
Firstsource Solutions Ltd Ocwen Financials Private Limited
FIS Global Prudential Process Management Services Pvt Limited
Franklin Templeton
Aon Hewitt
India | Aon Campus Study 2017-18 110
Participant Profile
RBS Services India Private Limited
RR Donnelley
State Street
Stryker
46 Companies
Sun Life India Service Centre Pvt Ltd.
Target Corporation India
TAS Analytics
Tata Consultancy Services BPO
Trafigura
United Health Group (Optum Global Solutions)
ITeS Vodafone India Ltd.
(IT Enabled Services) Wells Fargo India Solutions Pvt Ltd.
Wipro BPO
Wipro Ltd.
WNS Global Services Pvt Ltd.
Aon Hewitt
India | Aon Campus Study 2017-18 111
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 112
Participant Profile
Aon Hewitt
India | Aon Campus Study 2017-18 113
Participant Profile
Sodexo
Star India Pvt Ltd.
Target Corporation India
Tata Administrative Services
41 Companies
Tata Consultancy Services
Tata Projects
Tata Starbucks Pvt Ltd.
The Leela Ambience Hotel
Viacom18 Media Pvt Ltd.
Vodafone India Ltd.
Services Walmart
Aon Hewitt
India | Aon Campus Study 2017-18 114
Participant Profile
E-Commerce
Aon Hewitt
India | Aon Campus Study 2017-18 115
Glossary
• Total Fixed Compensation (TFC) = Guaranteed Cash + Costed benefits + Retirals
• Total Cost to company (TCC) = TFC + Variable Pay + Joining Bonus + Guaranteed Bonus + Any Other Benefits
• P10 – The level below which 10% of the data points in the comparator group fall
• P25 – The level below which 25% of the data points in the comparator group fall
• P50 (Median) – The level below which 50% of the data points in the comparator group fall.
• Average – Sum of all data points in the comparator group, divided by the number of data points.
• P75 – The level below which 75% of the data points in the comparator group fall.
• P90 –The level below which 90% of the data points in the comparator group fall.
• n – Number of respondents
Aon Hewitt
India | Aon Campus Study 2017-18 116
Glossary
MBA B.Tech CA
IIMs (A,B,C,L) IITs* • Rank Holders – Top 50
Rank Holders CA’s
• Indian Institute of • Indian Institute of
Management, Ahmedabad Technology, Kharagpur • Non Rank Holders –
Other Non Rank Holders
• Indian Institute of • Indian Institute of
Management, Bangalore Technology, Bombay
• Indian Institute of • Indian Institute of
Management, Calcutta Technology, Kanpur
• Indian Institute of • Indian Institute of
Management, Lucknow Technology, Chennai
• Indian Institute of
Technology, Delhi
Other Tier 1 – All Tier 1 colleges – IIMs
(A,B,C,L) • Indian Institute of
Technology, Roorkee
Overall Tier 1 – Other Tier 1 + IIMs
(A,B,C,L)
Other Tier 1 – All Tier 1 colleges – IITs*
Overall Tier 1 – Other Tier 1 + IITs*
Aon Hewitt
India | Aon Campus Study 2017-18 117
Contact Information
Mailbox
aon.campus.study@aonhewitt.com
Website
http://aonhewitt.co.in/Home/About/Aon-Campus-Study
Lalit Gurnani
+919910205611
lalit.gurnani.2@aonhewitt.com
Aman Malik
+919810877106
aman.malik@aonhewitt.com
Pashmina Uberoi
+917838156170
pashmina.uberoi@aonhewitt.com
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and
human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon
unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and
through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s
best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best
employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and
aon.com/manchesterunited to learn about Aon’s global partnership with Manchester united.