Apart from PPOs, the management institute has also been able to secure summer internships for nearly 90 per cent of the first year students of its PGP (post graduate programme) in management. The institute is now gearing itself for Xuberance, the final campus recruitment programme for the 2007-09 batch of PGP students which is scheduled for January 15-22 next year.
Over 100 companies are expected to visit the XIMB campus during this year’s final placements as against 62 companies which visited last year. In last year’s placements, the recruiters across different sectors made a total of 218 offers for the 118 students. Last year, the highest international offer was $85,000 per annum and the highest domestic package stood at Rs 16.5 lakh per annum with the average salary on offer being Rs 10.12 lakh per annum.
Talking on the final placements for the current batch, Sabeeta Mohanty, head, placements committee, XIMB said, “The growth in average salary is likely to be stagnant during this year’s placements owing to the prevailing economic downturn. However, none of our regular recruiters have indicated that they will be hiring lesser students this year”. It may be noted that XIMB has recorded about 100 per cent growth in its average salary over the past three years.
“Many companies are yet to make any final commitment on recruitments as they have kept their fingers crossed over the impending third quarter results. This year, the banking and financial services sector is unlikely to emerge as the top recruiter and we are expecting more recruitment from other sectors”, she added.
No comments:
Post a Comment