Tuesday, August 7, 2007

Placement Highlights from Top B-schools

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FMS, Delhi University

Paris-based Calyon Bank made the highest domestic offer of INR 16.0 Lakhs per annum.
The highest number of offers was made by Cognizant Technologies with 15 offers. With 10 offers each, IBM, Standard Chartered Bank & ICICI Bank were a close second.

Nearly 48% of the batch opted for a career in Finance. On an average, the highest numbers of offers were made by Banks, with an astounding 62 offers being made IN ALL.

MBA (Management of Services), the 2-year full-time programme of FMS, saw its second batch getting placed, recording an average salary of INR 10.55 Lakhs per annum as opposed to last year’s INR 7.5 Lakhs p.a. The first international offers for the MBA (MS) Batch were made by Jumbo Electronics, Dubai, for an annual salary of AED 220,000 per annum.

A strong 78% of the batch of 2007 converted the option of “Dream Company” - thereby getting an offer from the company they aspired and dreamt of. Compared to other B-schools, this highlights the kind of choice that FMS offers to every student.

MDI Gurgaon

Highlight of placements at MDI Gurgaon was that offers poured in from students’ “dream companies” and that too in their preferred profiles.

160 students received 215 offers in all, making it 1.34 offers per student.
Top-notch international recruiters like Macquarie Bank and Emerio visited MDI campus for the first time.

XLRI Jamshedpur
The Campus Recruitment Process at XLRI ended with an epoch-making 50% rise in average salary, higher than any B-school in India.
Consulting and Finance firms were the cynosure of this paradigm-shifting placement scene at XLRI, making 24% & 30% of the offers respectively.

Hewitt was the top recruiter in consulting with 18 offers, followed by Accenture Business Consulting with 8 offers. Goldman Sachs was the largest recruiter in finance with 9 offers.

NITIE, Mumbai
More than 10% of the PGDIM batch at NITIE joined the millionaire club.
ICICI Bank (20), Cognizant Technology Solutions (20), ICICI Prudential (17), Kotak Mahindra (16), IBM (11) were among the top recruiters.
The Banking, Financial Services and Insurance sector ranked among students’ top preferences with 35% accepted offers across companies in this sector.

IMT, Ghaziabad
Kotak Mahindra became largest recruiter at IMT Ghaziabad, handed out 31 offers, followed by Infosys, Cognizant Technology Solutions, ICICI Prudential, Bharti and Trident.

The placement process saw first-time recruiters including, eClerx, Jumbo International, Covansys, Dell and Accenture visiting the campus.
Along with the flagship PGDBM program, the newer programs in Human Resource Management (MHRM) and International Business (MIB) also saw substantial hike, both in the average compensation package and in terms of number of offers.

SPJIMR, Mumbai
Placements 2007 Creates 85 Millionaires at SPJIMR, Mumbai.
Companies resorted to the phone-a-friend option, calling up their head-offices and carving out special profiles other than those usually on offer.

Participants had 4 offers to consider on an average, with the choice set hitting 10 in some cases.
This year’s placement process saw more than 160 lateral offers generated for 65 candidates.

The highest international offer at SPJIMR was of 43,000 pounds by ICICI Bank for a treasury position in UK.

TISS, Mumbai
Companies like Deutsche Bank, Ernst & Young, Asian Paints & Wipro made Pre-Placement Offers to TISS students.

The institute maintained its enduring relationship with corporate bigwigs like ITC, IBM, HLL, etc., and began new innings with top profile and global companies like HSBC, Dell, Nokia, PwC, etc.

JBIMS, Mumbai
One in every two students, from the batch of 2007 at JBIMS gets offers to become a millionaire.
The institute had its highest number of international and lateral offers. Lateral offers were made to 20% of the batch, while 15% of the batch bagged international offers. Major recruiters for overseas placements were Olam International, First Gulf Bank, Sharaf Group, Man Financial and Jumbo Electronics.

IIFT, Delhi
20% of the batch receives Pre-Placement Offers at IIFT, Delhi.
Olam International and Backes & Strauss made international offers, apart from offers from Australian Wheat Board for their Trading operations.

The average package offered this year was INR 9.3 Lakhs with highest international package of USD 100,000 (offered by Olam International) and highest domestic package of INR 19.2 Lakhs (offered by Lehman Brothers).
The other higher paying offers were from Citigroup, Backes & Strauss, Standard Chartered, DTZ, etc.

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