A walk along the haloed corridors of IMT Ghaziabad during late winters of 2013 was sure to have revealed that the placement season was alive and buzzing. The confident and upbeat mood of the smartly turned out IMTians, would testify that more jobs were chasing candidates rather than the other way around. The names of companies participating in the placement processes across the length and breadth of the campus would line up an enviable list of marquees from almost all sectors, Analytics, Consulting, FMCG, BFSI, IT & ITES, Retail, e-Commerce and Manufacturing.
The sparkle in the eyes of Group Head- Corporate relations, Mr Vishal Goyal, would indicate a guarded confidence in the proceedings of, what looks like, a rock solid placement season. While Mr Goyal would not divulge the names, we get to know from students as well as industry sources of some of the biggies like Google, Microsoft, Goldman Sachs, Blackrock, HSBC, Genpact, and Cognizant among many others have recruited.
But Mr Vishal Goyal is game confirming the fact that placements have surely taken a huge jump, both in terms of salary packages as well as number of companies who recruited this year. This has automatically pulled up the average package too with a significant margin and there are still a lot of companies lined up to recruit. Mr Goyal confirmed that nearly 1/3rd of the batch was placed on day zero itself! This means a whopping 170 students which, when added to about 90 who had already accepted pre-placement offers (PPOs) – meant that about half the batch were lapped up by day zero.
Goyal adds, “These PPOs have come from companies across the industry verticals like Analytics Consulting, I-Banking, BFSI, Manufacturing, Automobile, Pharma, IT, HR.”
We asked Dr Bibek Banerjee, Director & Academic Mentor of Group IMT, what explains this unprecedented jump in the placement situation at IMT Ghaziabad. Dr Banerjee said, “We have selectively entered into strategic partnerships with the companies who are (or aspire to be) industry leaders, on specific domains such as ANALYTICS, FMCG Marketing, e-Business, etc. Our faculty, students and domain experts from these companies work together on live projects with ‘real’ data to augment and guide learning. Companies are benefiting from what we are creating through this kind of symbiotic relationships — new knowledge, best practices, adding value to the communities of practice, and most importantly creating managers who are better equipped to hit the ground running”.
At the time of writing this article, 112 companies, including reputed names like Goldman Sachs, Microsoft, Google, Accenture, JP Morgan, HSBC-I Banking, ICICI, Blackrock, Deloitte, KPMG, Infosys, Tech Mahindra, Jabong, had already recruited from the campus.
“We have the entire calendar filled right up to mid-March lined up with companies ready to visit the campus!” quips Mr Goyal.
But don’t the salary-packages fall once the placement week is over? And how effective is the rolling placement process? Mr Goyal’s answer is categorical: “This Sunday (a good 2 and half months after the day zero, that is), one of the top 3 IT companies of the world made two offers of Rs. 16 Lakhs each”. It’s not a rocket science to figure out which company that is, and we confirmed from our sources as well.
The writing is clearly on the wall — IMT Ghaziabad has successfully been able to change the “rules of the game” – where “day zero”, in placement parlance, plays out from the time the students get into the campus. With its unique, flexible and domain specific interventions, the institute has created multiple career opportunities for its student body, until the last one is placed. A large batch notwithstanding, IMT Ghaziabad continues to be a favourite attraction for students, maintains Mr Goyal.
Note: This is a sponsored article and has NOT been written by the PaGaLGuY Editorial Team. It is intended from an informational perspective only and it is upto the readers to research and verify the claims and judgements in the article before reaching a conclusion.