118 Students with varied academic and work experience backgrounds were placed among the 30 + companies which thronged the campus to select the best of the lot. At this juncture we would like to thank the corporate world for the trust they showed in the MBA students of BIM Trichy. This was clearly evident from the fact that not only did the average pay package increase to 7.02 lakhs p.a from 6.03 lakhs p.a last year but also from the challenging new profiles that was offered to the students. However in this process it also happened that BIM had to reject many attractive recruiters from campus visits, which BIM is apologetic about.
The various sectors that the students were offered placements from were
· FMCG and other Consumer Goods
· Travel & Tourism
· Auto and other Manufacturing
· IT Consulting and Services
· Banking and Financial Services
The companies from the Banking sector and other Financial services were the largest recruiters with 41 jobs followed by the IT sector with 36 jobs.
Placement Statistics 2007
|No. of Students Opted out of Campus Placements||0|
|Recruiters (who actually recruited)||30|
|Total Numbers of Offers||151|
|Offers actually Accepted||113|
|Offers per Student||1.3|
|Average Salary (Rs.)||6.75 lakhs|
|Highest Offer (Rs.)||10 lakhs|
|Lowest Salary (Rs.)||4 Lakhs|
In a modern world that prides itself on the ownership of things, our salaries seem to always overshadow any other personal meaning that we can pull from a job. But students of the Class of 2007 opted for their desired profiles than going for hefty pay package offered.
The banking sector and other financial services witnessed some challenging profiles like Derivatives modeling and Equity research, Project financing and Credit Risk Management. Thomas Cook selected students for its middle management leadership programme which is another feather in the hat. Supply Chain Consulting and Process Consulting were among other attractive profiles offered.
The first time recruiters this placement season were Accenture, Thomas Cook, Kotak Securities, Adventity and Citi Analytics. This year, companies from non-IT sectors have recruited students in large numbers.
The various companies that participated in the campus placement process are
· Aravind Brands
· Asian Paints
· Balmer & Lawrie
· Centurion Bank
· Citi Analytics
· Club Mahindra
· CTS· Dexterity
· Ernst & Young
· Eicher Motors· Genpact
· ICICI Bank
· ICICI Prudential
· Kotak Securities
· Nerolac Paints
· SBI Life
· Symphony Services
· Thomas Cook
· TVS Motors
· United Breweries
· Wipro Consumer Care
Lastly this is what the placement chairman had to say about the whole placement process this year that is 2006-2007.
“It’s no more a credit for the college to place the students by the Day one of the placements. The real challenge has become of giving profiles the students ask for in the industry and which they are focused about.”