Graduates from Indian Institutes of Management (IIMs) are facing a tough job market in 2024. Despite the prestigious reputation of these institutions, many new graduates are seeing stagnation in their starting salaries.
This trend comes amid a broader economic slowdown and shifting industry demands. Companies are offering lower salaries than in previous years, impacting the earning potential for these highly sought-after graduates.
The stagnation in salaries reflects challenges in the job market, including increased competition and changes in hiring practices. Graduates may need to adapt by developing new skills or exploring different career paths to navigate these challenges successfully.
As the job market evolves, IIMs and their graduates will need to stay agile and responsive to these shifting economic conditions to secure competitive positions and salaries.