Foreign companies top B-school graduates preferred employer list

Indian companies may be the talk of deal street, but on job street they hardly get a second look from students of top business schools like IIMs as they are going all out to embrace job offers from foreign firms.

NEW DELHI: Indian companies may be the talk of deal street, but on job street they hardly get a second look from students of top business schools like IIMs as they are going all out to embrace job offers from foreign firms.

With salaries nearly double than that of domestic firms, foreign companies such as McKinsey, Accenture, Nokia, Barclays Bank, Deutsche Bank and Google have taken over the list of leading recruiters of management students graduating from institutes like IIMs, XLRI and FMS Delhi.

However, the talent management acquisition arm of India's leading corporate house Tata Group TAS has managed to break into the dominance of foreign firms by notching up the third position in the list of the top ten most preferred recruiters this year, according to a new survey.

TAS has been ranked even ahead of global investment banking giant Goldman Sachs and FMCG major Procter and Gamble (P&G), according to AC Nielsen Campustrack Survey 2007.

"As Tata Group transforms itself into a truly global group with the excitement of cross border growth, M&As and organic projects, TAS is providing young professionals with breathtaking challenges and a pride of a generation making discontinuous difference," Tata Sons Executive Vice President and Group Human Resources Head Satish Pradhan said.

TAS is the central talent pool for the Tata group that deputes personnel across various group companies, industries, functions and geographies.
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It ranked after McKinsey & Company and Boston Consulting Group (BCG), which have been named as the top two recruiters.
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