SJMSOM IIT Bombay Final Placements 2008

[floyd&vodka]

Originally Posted by parag2007

and Ramesh.. the report mentions your profile... could you throw some more light on it, as in domain etc..(if possible!)

Thanks and Congrats again

I would let LAH or someone from the placement team take the query on international profiles ..

Regarding my offers, my interests lies in IT and I had applied ONLY to the IT companies on campus.

I am taking up the IT Leadership Profile in GE. Click HERE for more details.

Cheers
Ramesh

[unputdownable]

Firstly, heartiest congratulations for the stupendous placements this time. Registering a 44% Y-o-Y jump in salary is an amazing feat. This particularly assumes significance because an impending recession has dampened many a B-School placement this year. Understandably, there is a lot of skepticism amongst B-School aspirants about the veracity of different claims. Without doubting the figures provided by SJMSOM in any way, I would appreciate if more clarity is added to these figures. Taking a cue from Pagalguys tips on how to read between the lines of placement figures, may I ask the following questions:-

• Was international offers in dollars (or some other currency) converted to INR while taking the average?
• An impressive median implies a whole host of people getting offers around 15 LPA. Given your batch profile and experience mix, this is indeed a commendable feat. I understand that some companies are reluctant to disclose their figures. However, could some of the star payers be named? I am not asking for a list sorted by salary but just a representative list of top payers.

[floyd&vodka]

Originally Posted by unputdownable

Firstly, heartiest congratulations for the stupendous placements this time. Registering a 44% Y-o-Y jump in salary is an amazing feat. This particularly assumes significance because an impending recession has dampened many a B-School placement this year. Understandably, there is a lot of skepticism amongst B-School aspirants about the veracity of different claims. Without doubting the figures provided by SJMSOM in any way, I would appreciate if more clarity is added to these figures. Taking a cue from Pagalguys tips on how to read between the lines of placement figures, may I ask the following questions:-

• Was international offers in dollars (or some other currency) converted to INR while taking the average?
• An impressive median implies a whole host of people getting offers around 15 LPA. Given your batch profile and experience mix, this is indeed a commendable feat. I understand that some companies are reluctant to disclose their figures. However, could some of the star payers be named? I am not asking for a list sorted by salary but just a representative list of top payers.

First day on PG ..
First Post on PG ..
Wah .. ! Kya entry maaari hai ..

Dont worry .. Even I am not doubting anything .. I was just trying to read between the lines ..

Regarding the first query .. NO .. The international salaries have NOT been converted .. Both the median and mean are purely based on the domestic salaries ..

Again, regarding the names of the companies and the salary figures, I would let placement committee answer this (if possible!).

Cheers
Ramesh

[virajmehta2007]

Originally Posted by unputdownable

Firstly, heartiest congratulations for the stupendous placements this time. Registering a 44% Y-o-Y jump in salary is an amazing feat. This particularly assumes significance because an impending recession has dampened many a B-School placement this year. Understandably, there is a lot of skepticism amongst B-School aspirants about the veracity of different claims. Without doubting the figures provided by SJMSOM in any way, I would appreciate if more clarity is added to these figures. Taking a cue from Pagalguys tips on how to read between the lines of placement figures, may I ask the following questions:-

• Was international offers in dollars (or some other currency) converted to INR while taking the average?
• An impressive median implies a whole host of people getting offers around 15 LPA. Given your batch profile and experience mix, this is indeed a commendable feat. I understand that some companies are reluctant to disclose their figures. However, could some of the star payers be named? I am not asking for a list sorted by salary but just a representative list of top payers.

• LAH has already answrd this query in his post in this thread but let me repeat the median and the average are both calculated only on the basis of domestic offers. They don't include international offers."
• Almost all major companies have been named in the placement report and that too without being sorted by salary(just what uve askd for)

cheers,
viraj.

[unputdownable]

It was a no-brainer dude....I am a IIT-B aspirant and don't want to reveal my real identity using which I have posted numerous pieces on this forum...hence a new moniker...my intention is simply to ensure that I make the correct choice when I decide upon which B-School to join. So if you are game, here's one more question :-

Q3) You have 'n' students and managed '3n' offers (laudable feat and my sincerest congratulations). But, were the best 'n' offers taken and their average computed or were all offers factored into the equation?

I am relieved to know that the international offers were not converted into INR before arriving at the average. This is a classic tool in the repertoire of placement committees to jack up figures. Good to see that IIT B has not taken recourse to this.

Hope to hear from Placement Committee members on Q2 posted earlier

[floyd&vodka]

Originally Posted by unputdownable

It was a no-brainer dude....I am a IIT-B aspirant and don't want to reveal my real identity using which I have posted numerous pieces on this forum...hence a new moniker...my intention is simply to ensure that I make the correct choice when I decide upon which B-School to join. So if you are game, here's one more question :-

Q3) You have 'n' students and managed '3n' offers (laudable feat and my sincerest congratulations). But, were the best 'n' offers taken and their average computed or were all offers factored into the equation?

I am relieved to know that the international offers were not converted into INR before arriving at the average. This is a classic tool in the repertoire of placement committees to jack up figures. Good to see that IIT B has not taken recourse to this.

Hope to hear from Placement Committee members on Q2 posted earlier

Good to know that you an IIT B aspirant .. As LAH had already said, the best thing to do in this case would be to personally talk to seniors, come visit the campus and find out more about this.

Infact, we at IIT B, consider a lot of other factors much more important than Placements to give you reasons to join this institute. The IIT brand, the guest lectures, the visiting faculty, the IIT infrastructure, the events and the seminars, the interaction with the IIT PhDs and Btechs, sports, plays, parties and what not !! Hence, come visit us and find out more. I am sure you wont regret your choice.

Regarding you hiding your identity, I am afraid that is not allowed in PG. This a typical case of a clone on PG and if we report the same to the moderator, you would be banned. We encourage people to ask more questions and find out more about the college. But we would appreciate it if you reveal your actual identity.

Neither were the best n out of 3n offers taken, nor were all the offers taken to calculate the average salary. The methodology used, was the same as that used in any of the Top B schools of the country. I wouldnt get into this in detail. All I can say is that the method used is what is considered as a fair and standard method across bschools.

Cheers
Ramesh

[rahulworld]

Originally Posted by floyd&vodka

The companies offered profiles in General Management, Private Equity, Investment Banking, Wholesale Banking, Management and IT Consulting, Strategy and Execution, Sales and Marketing amongst others. Senior positions like Associate Vice President and fast track Leadership roles were the most coveted profiles. A heartening thing was that corporates offered specific roles to suit the interests of students to attract them.

Can u let us know the roles that are offered under Investment Banking? Revealing the Name of the Companies recruiting for I-Banking will be an added advantage plus the location offered (domestic or international).

[vganesen]

Well this awesome placement stats after revision has come out to set out the gloom in the SJMSOM threads after the results being postponed to on or after April 7th.

Though the ppt during the GD/PI mentioned the placement stats it wasn't with so much of details and gyaan.

SJMSOM rocks.

I just hope April 7th gives me the great news that i am a part of this awesome institute.

[nagendra_s_1983]

On a lighter note, if these stats were out by the time we attended the GD process, the enthu levels would have been even higher among the candidates!

Anyway, big time congrats to all seniors.

[willsurelywin]

Originally Posted by nagendra_s_1983

On a lighter note, if these stats were out by the time we attended the GD process, the enthu levels would have been even higher among the candidates!

Anyway, big time congrats to all seniors.

i guess that superstrong and distinguished alumni of IIT is coming now to lap up mba guys just like they do for the btechs

alumni matters and its showing now