Friday, March 27, 2009

NITIE Summer Placements 2009

Destiny is not a matter of chance; it is a matter of choice. It is not a thing to be waited for; it is a thing to be achieved. -William Jennings Bryan

As the students of NITIE, Mumbai geared up for their summer placements, these thoughts inspired them to chase their dreams; and the phenomenal offers stand testimonial to it. Summer Placements 2009 saw the participation of more than sixty companies, offering profiles to the students across the entire spectrum of industry – Leadership Programmes to Corporate Planning to the niche profiles in Finance, Marketing, Supply Chain and IT.

There is an age old saying that a good workman is never in need of a job. The wisdom of these words is reflected aptly in the current economic scenario, as the industry continues to demonstrate its confidence in graduates from the top B-schools in the country.

Recruitments for summer internships at NITIE have continued to show the upward trend, they have consistently exhibited over the past years. FMCG sector continued to be the major recruiter with 37% of the batch opting for roles across their variety of profiles; Sales and Marketing, Supply Chain Management and I.T. functions.

The major recruiters included Procter & Gamble, HUL, Cadbury, Nestle, ITC, Asian Paints, GlaxoSmithKline Consumer Healthcare, Johnson & Johnson, Reckitt Benckiser, Colgate Palmolive, Britannia, Godrej, Cargill, Perfetti, etc., offering exciting projects across all domains. Cadbury offered the highest package of Rs 1 Lakh for the two month internship programme, while P & G made a total of 7 offers across its various divisions. A distinct trend at Summer Placements 2009 was the wide variety of profiles on offer, even from traditional recruiters.

The Consulting sector was well represented by corporate heavyweights like Ernst & Young, Deloitte Consulting, Cognizant Business Consulting and IBM Business Consulting, with Deloitte participating in the summer placement process for the first time. Notwithstanding the global economic slowdown, the Banking and Financial Services sector (BFSI) remained upbeat with corporate bigwigs like Deutsche Bank, American Express, Citibank, HSBC, GE, ICICI Bank, ICICI Prudential and HDFC Bank making a plethora of offers.

This further affirms NITIE's rapid foray into the BFSI domain in the last few years. The IT & Systems Sector was represented by the likes of Dell, Tata Consultancy Solutions, Cypress Semiconductors, Wipro and Genpact. Manufacturing and automobile giants like Maruti Suzuki, Tata Motors, Anand Group, Castrol and Essar Group made their presence felt to offer the students with roles in Operations and Marketing. Commenting on the tremendous response received from the corporate world, Prof. Ashok Pundir,Associate Dean (Placements), said, "The excellent Summer Placements year after year once again reiterates the immense confidence the industry has in the quality of NITIE students"

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