Corporates may find it increasingly difficult to retain graduates from top B-schools despite offering them handsome pay packets as these aspiring managers are on the constant lookout for newer challenges, a recent survey has said.

"At least 47 per cent of the young and curious management graduates expect to move out of their jobs in less than three years in search of better career opportunities and higher compensation packages," the annual Nielsen Campus Track B-School Study said.

The new generation of management graduates has a healthy appetite for newer challenges and the booming employment market in the country has ample of that in the offering, the study added.

"A good reputation and a brand image are the primary factors, while compensation is the next most important thing for these aspiring managers," the study added.

The average salary expectation for the IIM students is close to Rs 19 lakhs, 30 per cent more than the last year’s expectations. While they expect a package of at least 14.2 lakhs from the domestic companies, the figures double to about 27.4 lakhs when it comes to salary expected from foreign companies.

"IIM students depend a lot on their network of alumni while selecting the prospective employers," the study said.

While 84 per cent graduates value feedback from seniors, 80 per cent analyse a company based on their summer training experience. Also, 72 per cent choose to rely on pre-placement talks, the study added.