XIMB rural managers secure 100% offers

BHUBANESWAR: The global slowdown does not seem to have affected placements in the city-based Xavier Institute of Management, Bhubaneswar (XIMB). In fact, it has created a record of sorts by achieving 100% placements for the students of its rural management programme.

All the 59 students of post-graduate diploma in rural management have been placed in various organisations even before their course ends in the mid-March 2009. Companies including Deloitte, Monsanto, Tata Teleservices, Shriram Group and DevGen were the major corporations which came to campus for recruiting rural managers.

XIMB also remained a favourite hunting ground for micro-finance and development organisations like Microsave, Intellicap, Bandhan, Hands in Hand, Pradaan, ALW and ALC.More than 30 organisations participated in the process.

The highest salary offered was Rs 8 lakh per annum which was at par with the last year’s highest offer, while the average salary has gone up from Rs 4.2 lakh to Rs 4.46 lakh per annum.

“At a time when most of the management institutions dealing with sectoral management education are literally struggling for placements for their students due to unfavorable market conditions, we have been able to ensure 100% placement for students,” a XIMB faculty and a member of the placement committee Niraj Kumar told ET on Thursday.

“We have not only been able to keep our traditional recruiters happy with the quality performances by our alumni, but have been able to widen our base by reaching out to research-based organisations like IMRB and consulting organisations like Deloitte,” added Mr Kumar.

The B-school also has been able to place of all its first year rural management students for their summer projects. There too, new organisations have been added to the list and the project profile has widened.

Buoyed by the success, a beaming XIMB placement coordinator Saveeta Mohanty, said, “Yes, we could beat the market because of the consistent performance of our alumni and brand XIMB. The fact that Orissa has emerged as a preferred investment destination for many corporations and development organisations has also helped us considerably”.

The faculty and students alike were keeping their fingers crossed all these weeks. “We were not sure of this success as we were getting discouraging news from different institutions across the country where our friends are studying. Now that we have finally made it, we feel happy and proud,” said students placement committee coordinator S Shiv.

View Source