The Old Horse is back updating life from campus
This time its the much anticipated placement news. i wont talk in details and let the students bask in the glory, will just update you with the details from the website
Amazing work IMI Class of 2008. The Achievers are proud of you
ciao..
International Management Institute - Placements 2008 - Highlights
Placements 2008 - Highlights
When It Rains, It Pours…
Nothing sums up the placements season at IMI Delhi better than this age-old idiom. The placements season began on a bright note as the ‘Batch of 2008’ returned from their summer placements with a record breaking number of PPOs (Pre-Placement Offers), including international PPOs from M.B. Holdings, Muscat. Some of the prominent domestic companies who offered PPOs were: Asian Paints, Dr. Reddy’s Laboratories, DSCL, Firstsource, Genpact, RPG Group, Tata Motors, Vedanta, etc, just to name a few. Interesting to note was that not only did the PPOs span multiple profiles and multiple sectors; they also included lateral level PPOs, most notably with the RPG group offering lateral positions in its corporate cadre at the regional manager level.
INTERNATIONAL PLACEMENTS
Jumbo Electronics from Dubai and MB Holding Company LLC from Oman participated in the final placement process. Jumbo Electronics recruited three students for their UAE operations at an INR equivalent package of 26 lakhs p.a. The profiles offered were across specializations and for their retail and distribution operations.
LATERAL PLACEMENTS
Taking into consideration the fact that close to 20 percent of the ‘Batch of 2008’ were eligible for lateral level placements, the second leg of the placements began with the lateral placement week. The laterals week took off with profiles that ranged from Project Finance, Risk Management, Corporate & Institutional Sales, Realty Consulting, SAP implementation, Business Transition & Solutions Design. The average package for the lateral candidates stood at INR 11l. p.a. and the largest recruiter was SBI Life picking 5 students across various verticals inducting them directly to middle management.
With a total of 58 companies having confirmed their presence for the final leg of placements and backed by the unprecedented success of the laterals week, the 98 remaining students were extremely confident as they carefully chose amongst all the jobs on offer.
MARKETING
For the Marketing profile, this year too, ITC remained the top paymaster, recruiting 3 students for its prestigious AUT programme, doling out the highest package on campus, INR 12.1 l.p.a. Among the other FMCG companies, Hindustan Unilever Limited (HUL) recruited 7 students for its sales & distribution profile. Even the cigarettes major, Godfrey Philips participated in placements at IMI for the first time.
Another sector that made its presence felt on campus was the Telecom sector. The telecom biggies, Vodafone , Idea Cellular and Tata Teleservices paid handsomely and recruited students for their MT programmes with a variety of roles spanning from their VAS, Roaming, Product & Enterprise businesses. Representing the automotive sector, Tata Motors and Maruti continued their association with IMI by recruiting students for their corresponding MT programmes. C. B. Richard Ellis and DTZ comprised of the real estate consulting firms who visited campus. Remarkably, Adidas selected IMI as one of its campuses while launching its first MT programme, profiles offered were in retail, operations and brand. Amongst the other sectors that visited the campus were JSW steel (Steel), Vedanta (Minerals) and Quantum Market Research, India’s premier qualitative market research firm. The sector-wise breakup is as follows:
FINANCE
It was a great season for the finance students as well; several of the biggest names of the industry visited the campus for the first time. Among the prominent recruiters were Lehman Brothers with its front-end I-Banking profile, AT Kearney with its consulting advisory, Adventity in the analytics and knowledge services domain, UBS in securities and wealth management, Power Finance Corporation for project finance. The campus also saw participation from ICRA, India’s leading credit rating firm, Axis Risk Consulting in the consulting domain, Deloitte & Touche for their financial and business advisory, C. B. Richard Ellis in Real estate consulting, and Darashaw for investment services: including investments, equity research and debt intermediation.
BANKING & FINANCIAL SECTOR INSTITUTIONS
The Banking and Financial services sector was well represented with a slew of domestic as well as MNC banks. Amongst the banks that participated were Barclays, Citibank, ICICI Bank and HDFC bank. There were multiple profiles up on offer from corporate banking, treasury sales, microfinance, retail banking, asset & liability sales and so on. Amongst the other prominent firms from the BFSI sector were Tata Capital, representing financial services and SBI Life representing the Insurance sector. The sector this season saw Barclays Bank emerging as the highest paying recruiter, recruiting 5 students at a package of INR 9 l.p.a. The sector-wise breakup is as shown:
SYSTEMS & OPERATIONS
The students focused on building a career in systems had a lot to cheer about, apart from the regular recruiters: Infosys and Infosys BPO providing roles across domains as consultants and business analysts. They also saw diverse systems profiles coming to campus, such as the profile that was offered by Bank of America Continuum Solutions, providing high-end transactions processing. Operations profiles in ITES were offered by Genpact and Firstsource. Also offered were operations profiles across Banking and Financial services. A conventional operations profile was also offered in Pharma by Dr. Reddy’s Laboratories.
In conclusion, the institute would like to thank the corporates for reposing their faith in the student quality at IMI.
The following companies participated in the final placement process for the batch 2008:
adidas India Marketing Pvt. Ltd. ITC Ltd. A.T. Kearney Ltd. Lehman Brothers Services India Pvt. Ltd. Adventity BPO India Pvt. Ltd. JSW Steel Ltd. Aricent Jumbo Electronic Co. Ltd. (L.L.C.) (Dubai) Asian Paints ( India) Ltd. Kotak Life Axis Risk Consulting Services Pvt. Ltd. Maruti Udyog Ltd. BA Continuum Solutions Pvt. Ltd. MB Holdings Company LLC (Muscat) Barclays Bank PLC Power Finance Corporation Ltd. CB Richard Ellis South Asia Pvt. Ltd. Quantum Market Research Pvt. Ltd. Citibank N.A. RPG Group Darashaw & Co. Pvt. Ltd. SBI Life Insurance Co. Ltd. DCM Shriram Consolidated Ltd. Tata Tele Services Ltd. Deloitte Consulting India Pvt. Ltd. Tata Capital Ltd. Dr. Reddy's Laboratories Ltd. Tata Motors Ltd. DTZ International Property Advisers Pvt. Ltd. UBS Service Centre (India) Pvt. Ltd. Firstsource Solutions Ltd. Vedanta Genpact Vodafone Essar Ltd. Godfrey Philips Inida Ltd. Grasim Industries Limited HCL Technologies Ltd. HDFC Bank Ltd. Hindustan Unilever Ltd. HSBC Global ICICI Bank Ltd. ICICI Lombard General Insurance Company Ltd. ICRA Ltd. Idea Cellular Ltd. IL&FS Ltd. - IBD Infosys BPO Ltd. Infosys Technologies Ltd.