Careers

Rs.6 lakh average annual salary for SRCC students

Shri Ram College of Commerce, the toughest undergraduate college to get into at Delhi University, has already begun the first phase of its placements for this academic year with an annual package of Rs.6 lakh as the average ask. The highest package this year is expected to be around Rs.15 lakh.

“Students started to register for placements in the second week of August. So far, around five or six companies have visited and 40 of our students have been placed. On an average, the packages are Rs.6 lakh per annum. We are expecting the average to go up to Rs.15 lakh. The companies that are yet to come usually offer this much,” said B.K. Goyal, who is the faculty-in-charge of placements in SRCC since last year.

“Consulting, risk management and several other profiles from banking and other financial companies are some of the offerings we had this year,” he said, adding that a few years earlier the highest package was about Rs.32 lakh and for an offshore job.

“Last year many students got placed in India itself for Rs.15 lakh. We are sure it will be the same case this year too,” Mr. Goyalsaid, adding that for the placement cell the highest packages do not matter as much as getting the maximum number of students placed.

“One or two students getting very high packages is not as important as getting as many of our students placed as possible. Last year, we managed to place 325 students. This year, we have to place around 450 students.”

Placements in three phases

The college has placements in three phases, one during August-September, the next during December-January and the final one during April-May, before the last semester exams begin.

“We have divided companies into different zones compared to the reputation, job profile, and the salary they offer. As a rule, a student already placed cannot appear for placements in the same or lesser zone, but he or she can appear for a higher zone.”

The role of an alumni, who place an important role in any college as far a placements and career growth are concerned, holds true for SRCC too.

“We have a repository of companies who come again mostly because they are happy with our ex-students. Sometimes they bring them along, not to take the interview but to talk to our students about their working environment. Students are sometimes convinced to take a job whenever they talk to their seniors.”

SRCC offers only two programmes at the undergraduate level — B.Com (Honours) and Economics (Honours)

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Printable version | Mar 2, 2021 11:59:02 PM | https://www.thehindu.com/features/education/careers/rs6-lakh-average-annual-salary-for-srcc-students/article6375301.ece

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