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AVERAGE SALARY OFFERED IS Rs 7.38 lakhs
Manipal: Almost all the students of T A Pai Management Institute (TAPMI), Manipal, were ‘placed’ within a few hours of commencement of the process of the Campus Placement for the batch of 2008, held on Thursday.
According to a press release, the TAPMI adopted a dual offer system with an end of the day acceptance in order to allow students to have their choice of signing up for the most preferred organisations.
While 74 companies confirmed their willingness to recruit, 61 companies participated on the campus placement process on Day One, that is, December 20.
They together made a total of 184 offers (including 3 Overseas) to 125 students.
Students exercised their choice and accepted offers in 50 companies representing diverse sectors such as Financial Services including Banking, Equity Research and Wealth Management, IT & ITES, Consulting, Telecommunication, FMCG, Manufacturing, Health Care, Entertainment and Infrastructure.
Total of 12 students had received pre-placement offers for their outstanding performance during their summer internship of which three accepted. The average salary offered this year is Rs 7.38 lakhs (which is to go up with revised salary structure from a few companies) and the highest salary offered is Rs 18 lakhs (Rs 9.25 in Placement 2007), the release added. Companies that visited TAPMI campus and recruited for the first time included Lehman Brothers, Morgan Stanley, KPMG, SEBI, ICRA, Adventity, Bank of America, Standard Chartered Bank, CapGemini, D E Shaw, Big FM, GMR Group, Godrej & Boyce, JSW, Tata Capital, Reliance Capital, Pioneer Investment Corporation and Wockhardt Hospitals.
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