GIM Placements 2006: Better than ever

voodoochile · **GIM Placements 2006: Better than ever -** 23-12-2005, 02:36 PM

here is the placement write-up

Goa Institute of Management (GIM) has done in 12 years what the others could have achieved only after decades, offering great managers to companies from all sectors. Industries’ faith in one of India’s premier B-schools was evident with the average pay package offered this year increasing substantially over last year’s offerings. Nearly half the batch of 104 students was placed within the first six hours of the placement week, and before the first 24 hours were out companies had to leave empty handed. The first six hours saw more than one student being placed every 10 minutes.
71 companies were scheduled to participate in the placement process but only 38 companies could recruit students and the rest had to leave empty handed. The various verticals and companies in which jobs were offered were:

Consulting: Erix Advisors
IT / ITES: IBM, Cognizant, Infosys, Wipro, PCS, iGate, HCL, Satyam, Cranes Software.
Banking & Financial Services: ICICI Bank, HDFC Bank, ICICI Lombard, ICICI Prudential, B&K Securities, Kotak Securities, SBI Mutual Fund, SBI Life Insurance, ING Vysya.
FMCG & Consumer Durables: UB Group, Usha International
Others: Zee Telefilms, Nicholas Piramal, Shoppers Stop, VSNL, GENPACT, Pantaloon, IMRB, IFFCO TOKIO.

Companies made pre-placement offers even before the D-day, to students who had completed their summer projects with them. The average salary increased this year to Rs. 5.66 lakh as against Rs. 3.77 lakh last year.The highest pay packet was offered by Erix Advisors (Rs. 8.5 lakh gross). There were total 139 offers for a batch of 104 students. Infosys was the largest recruiter with 14 people receiving offers. This was closely followed by Tata Technologies and ICICI Lombard with 10 offers each. In terms of highest package, Erix Advisors recruited in Risk Management Consultant Profile at 8.5 Lacs Gross salary. The institute had many new entrants like iGate, Cognizant Technology Solutions, IBM Global Service, ICICI Bank & Sify. The other major recruiters included Wipro Technologies, UB Group, Pantaloons, VSNL and Satyam.

This is what Placement Coordianator, Prof. Chandersen Mirchandani had to say, “This year's placement process was an unprecedented success we are faced with the rather unfortunate situation where many companies that are keen on recruiting from GIM have to leave empty handed as there are no further students left to be placed”. The institute has been rising from its ranks to be one of the best B-Schools of the country imparting MBA education. The results are evident from the Placement results and the comments of the industry personnel, who rated the student to be the best in their respective fields.

For more details, click on the link to download the complete placement report, http://www.gim.ac.in/placement2006.pdf