IIM/ISB Program (Deal-Maker track role)
We aim to standardize the IIM/ISB Program process for MBA graduates from various colleges by categorizing them into three tiers based on their institutional ranking and reputation. This guideline outlines the compensation packages and hiring criteria applicable to each tier.
Tier Classification:
Tier 1: Includes premier Management colleges such as IIM A, B, C, ISB, and Ivy League institutions (US – Harvard, Wharton, Stanford, Booth, Columbia, Kellogg | ROW – INSEAD, London Business School).
▪ Tier 2: Comprises MBA colleges with strong reputations and performance, including IIM L, K, I, FMS, XLRI, MDI Gurgaon, SPJIMR Mumbai, IIM Mumbai (fka NITIE), JBIMS, IIT-Bombay (SJMSoM), IMT Ghaziabad etc.
▪ Tier 3 (Mid-Tier): Other top 30 MBA colleges in India and Top 50 MBA colleges globally as per 2024 NIRF ranking of MBA colleges (excluding Tier 1 and Tier 2) Fixed Compensation:
Tier 1 – Associate [INR 15L (Gross annual compensation) + INR 3L (retention) + INR 3L (performance-based) & INR 12 Lac at the end of 3 years (which means INR 4L per annum) & with around INR 2L of annual benefits, CTC would be around INR 27 lacs
▪ Tier 2 – Sr. Analyst [INR 12L (Gross annual compensation) + INR 2L (retention) + INR 2L (performance-based) & INR 9 Lac at the end of 3 years (which means INR 3L per annum) & with around INR 2L of benefits CTC would be around INR 21 lac)
▪ Tier 3 – Analyst [INR 10L (Gross annual compensation) + INR 1.5L (retention) + INR 1.5L (performance-based) & INR 6 Lac at the end of 3 years (which means INR 2L per annum) & with around INR 2L of benefits CTC would be around INR 17 lac)
Variable Compensation
A variable compensation over and above the fixed compensation can be provided as per the organization’s policy. Performance based bonus will be based on exceptional performance i.e 8/10 as per Dexter’s Performance Rating Matrix, revenue performance of the team and CEO’s discretion.
Hiring Criteria:
Must-Have – Candidates must possess a minimum of 12+ months of total front-end work experience in a VC/PE fund or I-Bank. Candidates with a minimum of 3-6 months’ internship experience in a VC /PE fund or I-Bank can be considered on a case-to-case basis.
▪ Good to Have – a minimum of 6+ months’ internship experience in a VC /PE fund or I-Bank or 12+ month work experience in a start-up (Fundraise, Corporate Development) would also be good to have.
▪ Curriculum – Majors in Finance + any top percentile achieved in any of the core Finance subjects in 2nd year (Alternative Investments, Financial Modelling, M&A, PE/VC/Unlisted Equities, etc.).
1 ▪ Strongly Preferred – CFA L1/L2/L3- While CFA for an MBA graduate is not a strict requirement. However, someone who has also cleared CFA would get additional weightage (Higher the level, greater the weightage).
▪ Good to Have – Extracurriculars such as victories in reputed B-Plan competitions, stock pitch/valuation competitions; significant contribution in activities including campus E-cell / student-run funds / campus incubators / Placement Committee.
▪ Candidates should exhibit drive, resilience, and a go-getter attitude.
▪ Strong industry relationships and a track record of exceeding expectations are valued.
▪ Proactiveness, hustle, and strong interpersonal skills are highly desirable.
▪ Business acumen and alignment with company values are crucial.