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Hysteria repeats itself....
Expert PaGaL
XIMB 
Posts: 220
Join Date: Oct 2006
Location: Bhubaneswar
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Groaned at 1 Time in 1 Post
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Final Placements @XIMB - Xuberance 2009 -
29-04-2009, 02:59 PM
PRESS RELEASE
XIMB – IT’S CELEBRATIONS WITH 100% PLACEMENTS
Bhubaneswar, April 24, 2009: Another year, another success story - Xavier Institute of Management, Bhubaneswar achieved yet another 100% Placement record for its Post Graduate Diploma in Management (PGDM) students for the year 2009, despite the global meltdown and recessionary market trends. Over the past decade, XIMB has been securing 100% placements for its students and continuing the success story in 2009 came as a pleasant surprise, especially when companies are lowering recruitment and shedding workforce. Xuberance 2009, the Annual Campus Recruitment Program of XIM, Bhubaneswar was carried out amidst much enthusiasm. While many reputed business schools of India continue to face placement problems, XIMB’s scintillating performance has been acclaimed.
With the wide range of recruiters who visited the Campus for Placements this year, there were 54 companies that participated on-campus in the placement process with the highest offer at Rs.16 lakhs per annum. While the average salary for the batch was Rs.7.3 lakhs per annum, the median salary was 7.5 lakhs per annum. There were 33 Pre Placement Offers and Interviews. Some of the star recruiters this year were Godrej, Tata Group HR, Coca Cola, Cognizant Technologies, Deloitte Consulting, Ernst and Young, Hewlett Packard, TCS, Societe Generale, Axis Bank, SBI, SBI Caps, Tata Steel, IMRB, Cavin Kare, Bank of Baroda. IDBI Bank. SEBI, Indian Oil Corporation, Genpact, Vodafone, Idea, Tata Teleservices, ICI Paints, HSBC Global, Kalinga Soft and many others.
Of the offers made, Finance sector grabbed 32% of the students while 23% of the students opted for marketing, 18% opted for systems, 8% for HR, 7% of students opted for consulting and general management areas respectively while 5% students opted accepted offers in the operations area.
The constant encouragement and help offered, in whatever form, by the over 3000 strong Alumni of the institute, who hold key positions in industry, was extremely noteworthy. Their support to stand by their alma mater played a significant role in the success of Xuberance 2009.
Speaking to the Press, a beaming Fr.P.T.Joseph,S.J., Director, XIMB, said, ““XIMB has always believed in nurturing leaders for tomorrow who can adapt themselves to the ever changing demands of the industry with ease. While seamlessly blending professionalism with a human face, our Graduates are trained to become not just true industry leaders, but also good citizens of the nation. Xuberance 2009 was just another example of the industry’s appreciation of this fact.”
Prof. Saveeta Mohanty, Faculty Placement Coordinator of XIMB with much pride said, “The achievement of 100% Placement in this year of global slowdown, gives me an immense sense of pride and confidence about
the XIMB Brand. Although the number of International offers has considerably reduced, we have been able to move on to other emerging sectors.”
Last edited by raj_mohanty; 29-04-2009 at 05:39 PM.
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