The School of Business Management of the Narsee Monjee Institute of Management Studies (NMIMS) finished placing its 462 students from the core and sectoral MBA programs across a total of 150 companies.
“Placements for the MBA Programs were held in December for laterals and January onwards for freshers. … The largest contingent of 250 was from the MBA Core while the Focus MBA programs had around 30 students each,” said the institute’s press statement.
The sectoral MBA programs included MBA (Pharma), MBA (Actuarial Sciences), MBA (Banking), MBA (Capital Markets), MBA (Global Business), MBA (Retail Management) and MBA (Services Management).
“Many companies which couldn’t participate due to executive mandates on headcount last year returned to campus to pick in good numbers this time. There was also a marked improvement in terms of job profiles and packages offered this year. The return of IT majors and Banking/Finance sector for hiring had improved the options for students in terms of roles and profiles. Around 50% of the batch comprised of lateral students who wanted to leverage on their work experience,” added the statement.
While 31% of the batch was placed in the Banking and Financial services sector, 9% each were placed in the IT/ITES, FMCG, Consulting and Pharma sectors. 10% were placed in the manufacturing sector, 6% in services, 3% in the Media, 2% each in Consumer Durables, Telecom, Retail and Real Estate and the remaining were placed in Automobiles, Analytics, Education, Logistics and Market Research jobs.
NMIMS claimed an average salary of Rs 11 lakhs for the placements of 2010 for the entire batch of 462 students.
Nomura, JPMC, Kelloggs, Hindustan Coca Cola Beverages, ITC, Godrej Consumer, Loreal, Wipro Consumer, Essar, Saint Gobain, TATA Motors and Genpact made pre-placement offers.
Some of the largest recruiters were (the number of people each recruited in parentheses) J P Morgan Chase (17), Religare (9), Yes Bank (7), ICICI Bank (7), RBS (10), Kotak Group (11), Deloitte (7), SBI (10), Infosys (29), Vodafone (6), Bank of Maharashtra (9), Angel Broking (6), Accenture (6) and Bennett Coleman & Co (7).
ICICI Bank, Yes Bank, Royal Bank of Scotland, IDBI Bank, Citibank, Kotak Group, hired for their banking operations across programs. Among the Public Sector Banks, State Bank of India, State Bank of Hyderabad, Bank of Baroda, Bank of Maharashtra & Union Bank of India recruited NMIMS graduates. The profiles offered included risk, commercial banking, corporate banking and treasury.
The Financial Services sector was represented by Nomura, JP Morgan Chase, Morgan Stanley, Centrum Capital, GE Capital, Irevna, Tata Capital, ICRA, CRISIL, Dun & Bradstreet, Religare, SBI Capital, Angel Broking, Bricks Securities, First Global, Darashaw, HDFC, IDBI Capital, FINO, Citi Financial, Benchmark MF, KR Choksey, Bajaj Finance and Axis Risk Consulting. From the Insurance sector, ICICI Prudential, Kotak Life and Future Generali recruited students. The roles offered by these companies included investment banking, private equity, risk advisory, equity research, corporate finance, project finance, structured finance, institutional sales, treasury, credit research and rating and micro finance. Overall 31% of the batch was placed in the Banking and Financial Services sector.
The consulting space was represented by Deloitte, KPMG, Millicent Consulting, i3 Consulting, I-maritime Consulting. CB Richard Ellis and Avalon. Analytics roles were offered by Watson Wyatt, Paternoster, HSBC Analytics, Swiss Re and IMRB. The roles offered were those in infrastructure advisory, audit, ERP advisory, business advisory, financial advisory, real estate consulting and market research advisory.
Procter & Gamble, ITC, Kelloggs, Hindustan Coca Cola Beverages, Marico, Britannia, Novartis, J & J Pharma, Agrotech, Godrej Consumer Products and Loreal provided jobs in the FMCG space. Cummins, Arshiya, Madura Coats, RPG, Vedanta, Titan, GE, Asian Paints, Tata Motors, Saint Gobain, Wipro CCL, Welspun, Whirlpool, Balmer Lawrie & Co, State Trading Corporation, DCM Shriram and Bharat Forge made offers in the manufacturing space.
A few graduates took up jobs in Vodafone, Essar, Idea, Tata DOCOMO, and Tata Teleservices. The IT sector that recruited 9% of the graduates had participation from Infosys, Cognizant, Oracle, HCL Technologies, Accenture, Wipro Technologies, Capgemini, Mphasis, Genpact, Directi and L&T; Infotech.
The MBA (Pharmaceutical Management) batch completed its placement of students in companies such as AstraZeneca, Dr. Reddy’s Labs, German Remedies, GlaxoSmithKline, IPCA, Lupin, Macleods, Medley, Merck, Ranbaxy, Torrent and Zydus Cadila.
The services and media were represented by Thomas Cook, Future Supply Chain, Gati, Maersk, HT Media, Bennett Coleman & Co. IMRB, Balaji Telefilms and Anand Bazaar Patrika.