Regional C&B manager (APJ) in a leading IT MNC. Drawing 12k - 13k /mth. Graduated in 2003.

Advice to C&B wannabe:
1) Get GRP certification from worldatwork. Costs around 10k for full certification (8 modules)
2) Be excel savvy.
3) Lots of luck as most MNC do not hire fresh graduates for C&B role. Therefore, your best chance for C&B role is to hope for internal transfer.