MBA in India

Day 0 kicked off with participants being taken for a day long ride for some shopping and sight-seeing in Ahmedabad. We were told quite a few participants went for the same. Yours truly had just arrived on campus and had other “important” work to d…

Day 0 kicked off with participants being taken for a day long ride for some shopping and sight-seeing in Ahmedabad. We were told quite a few participants went for the same. Yours truly had just arrived on campus and had other "important" work to do, like sleeping :p

Anyways, theday was one that was scheduled to have little by way of actual events.The official inauguration program happened in the afternoon. The inaugural address was delivered by Prof.Indira Parikh, Dean, IIMA. The keynote address was delivered by MR.Alan Rosling, Executive Director, Tata Sons. Incidentally, Tata Sons is the principal partner of this years Confluence.

In line with the theme of Confluence 2004, which being "Mantras for emerging markets", a series of panel discussions shall be taking place over the course of the meet. The first of which took place after the keynote address. The topic of the discussion was " Future direction of Indian IT industry". The panel consisted of some of the biggest names in the Indian industry namely Mr.Shankar Annaswamy, Managing Director, IBM India; Mr.Sudhakar Ram, CEO, Mastek India and MR.Clayton Locke, Managing Director, Sapient India.

The day ended with a play organized by the IIMACTS, the dramatics club of IIMA. And in true IIMA ishytle, the event was scheduled to have a kick-off time @ 11.30PM. Beat that!! The drama was an enactment of a popular play, Tara written by Mahesh Dattani. The play ended around 1.30AM and for most IIMAites not used to sleeping at such early hours, it was quite a predicament :p. Last heard, people were considering playing cricket. Thatz life @ IIMA :)

Dateline: 22nd October 2004

Place: IIM-Ahmedabad,TATA Confluence 2004

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With ambitious gleams in their eyes, the sixth batch of management students of the Indian Institute of Management, Indore (IIM-I) on March 21, 2005 received their MBA degrees from Bharat Forge Limited Chairman BN Kalyani.

All 105 students of the 2005 batch descended on the campus for the ceremony a day earlier with their parents and kin. The otherwise idyllic campus was teeming with proud students and prouder mothers and fathers.

The Convocation Ceremony began at 3 pm at the main block lawns.

Delivering the convocation address at a grand ceremony inside the IIM-I campus, chief guest and State Bank of India Chairman AK Purwar called upon the management graduates to respect values and culture on their way to success.

He described rural India as the 'new growth engine' and asked the students to bring their expertise to the task of modernising rural India and unleashing the country's potential.

"I foresee multinational companies and corporates outsourcing jobs to the hinterland in sectors like pharma, biotech and agro-electronics in the near future," he said introducing his vision of 'rural outsourcing' in India.

He predicted the role of Microfinance as immense in the resulting scenario.

(L-R) Class Topper MV Krishnan, Bharat Forge Chairman BN Kalyani, SBI Chairman AK Purwar and IIM-I Director Dr SP Parashar

In his address, IIM-I Director Dr SP Parashar spoke about the activities and achievements of the institute in the past year.

He disclosed the institute's plans of a international exchange tie-up with top French B-school Ecole de Management - Lyon. Selected students from each of the institutes will visit each other every year under this programme.

Later in an informal talk, Dr Parashar revealed that the IIM-I would increase the intake for PGPM from 120 to 180 from the session 2006-07.

The Class of 2005 comprising 105 students passed out of the institute with plum jobs at an average salary of Rs 8.16 lakh per year. The highest salary offered was Rs 12.5 lakh per year. As much as 80 percent were lateral placements (figures as quoted by the institute).

Top recruiters such as ICICI Bank, Glaxo Smithkline, Hindustan Lever Limited, Glenmark, Standard Chartered Bank, Infosys and Wockhardt picked up the management talent from IIM-I during the placement process that ended in February earlier this year.

The atmosphere among the fresh MBAs and their families was starkly jubilant.

Parents congratulated their manager sons and daughters with tears in their eyes and pride on their faces.

On being asked about his best moment on the IIM-I campus in the past two years, the batch topper MV Krishnan beamingly answered, "every goddamn moment!"

The author is a Correspondent with The Pioneer, Bhopal and operates an NGO 'Soochna Mitr' for IT content development in rural areas. He abortively contemplates appearing for CAT again approximately 37 times per annum.

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The Summer Internship Program 2006 at XLRI Jamshedpur, School of Management, has concluded on a successful note. A total 182 first year students were in the fray, both from the Business Management (BM) and Personnel Management & Industrial Relations (PM&IR;) courses.

As many as 9 overseas offers were accepted, including offers from Union Bank of Switzerland (UBS) at Zurich, ICICI International Banking Group at Hong Kong, TAS and iCRM, a US-based Management Research Firm.
4 students signed out with a niche division of SAP America, the ERP major, which offered the highest domestic stipend of Rs 40,000 per month. This was followed by the prominent consulting firm Hay Group, which offered Rs 32,000 pm.

IBM (20), HLL (11), Deloitte Consulting (9), Cognizant (Domestic, Aditya Birla Group ( and ICICI Bank ( were among the largest recruiters this year making the maximum number of offers.

Reflecting the growing brand equity of both XLRI's Business Management as well as the top notch PM&IR; programme, this year saw a significant increase in the institute's consulting portfolio with first time recruiters Deloitte Consulting, KPMG Consulting, SAP America and Watson Wyatt in addition to regular premier recruiters like Ernst & Young, Hay Group, Hewitt Associates and Mercer. 17% of the batch opted for consulting firms.
The Banking, Finance and Insurance sector ranked among students' top preferences with 34 accepted offers across companies in this sector. Besides the top banks like Citibank, ICICI Bank and Standard Chartered Bank, Edelweiss Capital was among the Investment Banks which debuted on campus and selected students. AIG, with 6 accepted offers, led the Insurance sector, with Aviva (a first time participant) and ICICI Prudential also participating actively.

XLRI's proven track record as an FMCG favourite was reinforced by the active participation of top organizations - Cadbury, Colgate Palmolive, GlaxoSmithKline, Godrej, HLL, ITC, Marico, P&G;, Pepsi, Reckitt Benckiser and Seagrams. 26% of the students signed out with offers from FMCG / Manufacturing firms.

The new entrants in the IT / Technology sector were Google and Motorola, each with 4 accepted offers. The IT / Technology sector accounted for 23% of the batch.

Major recruiters from business conglomerates included Aditya Birla Group, Murugappa Group and TAS with 16 students opting for them. Other recruiters included Dr Reddy's, Genpact (erstwhile GECIS), Grow Talent, L&T;, Saint-Gobain, Tata Motors etc. with Grow Talent Consulting and Saint-Gobain being first-time recruiters.
Prof. Sabysachi Sengupta, Chairperson – Placements, summed up Summer Placements 2006 - “This year has witnessed a significant increase in the portfolio of companies as well as the diversity of project profiles offered. The 9 foreign offers for Summer Internships and the active participation of top consulting firms augur well for the Lateral and Final placements for the Senior Batch.”

Day Zero consisted of global investment banking firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, JP Morgan, Lehman Brothers, HSBC and Barclays Capital. Companies like UBS, Freudenberg (the German Conglomerate) Reinsurance Group of America, General Motors Shanghai, Target Group (the International Retailing giant) recruited exclusively from IIMB. New recruiters in the summers process included investment banks like Credit Suisse First Boston, Citigroup, consulting firms like the Boston Consulting Group, Private Equity players like Temasek Holdings and Barings and Hedge Funds such as Sandstone Capital. Offers made on Day Zero placed students across the world, including Wall Street, London, Tokyo, Hong Kong, Singapore, Bonn, Munich, Berlin and Bangkok. General Motors Asia Pacific made its debut in the IIM recruitment process for their Shanghai unit and recruited interns for its Treasury division. This nearly guarantees a global exposure to IIMB students. Some of the biggest recruiters of Day One were HLL, P&G;, Citibank, HSBC India and Development Bank of Singapore.

Indian Firms like P&G;, Tata Administrative Services, ICICI Bank, Metlife and Aditya Birla Group also offered positions abroad, showing an emerging trend. Of the 71 students with overseas offers, it is notable that 18 were women who represent almost 45% of the female strength at IIMB.

Companies were also upbeat about their prospective hires - “IIMB is perhaps the most preferred campus from the perspective of finding well rounded student profiles from diverse backgrounds, meeting both academic and extra curricular accomplishments” said Krishnaprasad Ramanathan, Vice President, Wealth Management, HSBC The overwhelming success of the process and the companies' response is a reflection of the quality of students selected by IIMB and a growing international reputation for the institute. Similar levels of participation and interest is expected carry forward into Final placements 2006.

With over fifty top Indian companies and MNC's participating, a plethora of "live" projects were on offer across varied domains. Companies from all sectors and functional areas like Investment Banking, Consulting, FMCG, Retail Banking, Insurance, Derivative Trading, Pharma, Manufacturing, Automobile, Advertising, IT, ITeS etc, were present, which enabled the students to choose their summer projects in the area of their preference.

Twenty seven new companies were on campus this year, including Cognizant, Edelweiss Capital, Johnson & Johnson, Ocwen Financial Solutions, Reliance Industries Ltd, L'Oréal, Dr Reddy's and Whirlpool. Cognizant and Max New York Life, extended 6 offers each, the highest across companies this year. Past recruiters like Ernst & Young, Capgemini, ITC, Asian Paints, Marico Industries, GE Money, GECIS (GENPACT), ICICI Bank, The Murugappa Group, Aditya Birla Group (BMC) also made a large number of offers.

The highest stipend offered was Rs. 30000/- per month while the average stipend was Rs. 15000/- per month. The companies, made an average of 3.4 offers each, ensuring that Summers 2006 set a scorching pace, with the entire process drawing to a close within 4 days.

Around 25% of the senior batch landed up with pre-placements offers or intents. Earlier this year, IIM K students also won the best project awards at companies like Wipro, GENPACT (erstwhile GECIS), Godrej and Patni.

Field work is a concept where a student is placed in an organization during a semester and the student is to learn about the organization and if needed do a project for the organization during the period by visiting the company twice a week. The various field work organizations where students were placed included Godrej Industries, Larson & Tourbo Heavy Engg, Crompton Greaves, Grindwell & Nortan, Eicher, Siemens, Wartzilla, Godrej & Boyce, Wipro Infotech, Tata Steel, Rashtriya Chemicals Factory, Bharath Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Mahindra & Mahindra, Tata Steel, Taj Group of Hotels etc.

Though summer internship is not mandatory as per the curriculum laid down by the university, the students were very conscious in their decision to opt for an organization during their summers from their value addition perspective.

Global companies like Deutsche Bank & Motorola visiting the campus for the first time. Companies like HLL, P&G;, Asian Paints, Colgate Palmolive & ITC represented the FMCG sector. Consulting sector was represented by Ernst & Young, Hewitt Associates & Grow Talent. The companies from IT sector were SAP, IBM, Wipro & Patni Computers. Other companies that visited included Ranbaxy, Tata Motors, ICICI Onesource & GE Money. Close to 90% of the students were placed on Day 1.

IT, Banking and Consultancy were the flavor of the day with students lapping up offers in these sectors. Recruiters in IT & ITES sector included Accenture, IBM, Infosys, GENPACT among others, which recruited almost 50% of the batch. Banking sector was represented by Citibank and ICICI Bank. As much as 35% of the batch was offered the profile of 'Business Analyst'. The other companies that made offers include Bristlecone, Vedanta Resources, HCL Tech, e-Serve International and MarketRx.

The highest salary offered was Rs 8 lacs while the average salary stood at Rs 6lacs.

Infosys was the largest recruiter with 14 people receiving offers. This was closely followed by Tata Technologies and ICICI Lombard with 10 offers each. In terms of highest package, Erix Advisors recruited in Risk Management Consultant Profile at 8.5 Lacs Gross salary. The institute had many new entrants like iGate, Cognizant Technology Solutions, IBM Global Service, ICICI Bank & Sify. The other major recruiters included Wipro Technologies, UB Group, Pantaloons, VSNL and Satyam.

71 companies were scheduled to participate in the placement process but only 38 companies could recruit students. The various verticals and companies in which jobs were offered were:

  • Consulting: Erix Advisors
  • IT / ITES: IBM, Cognizant, Infosys, Wipro, PCS, iGate, HCL, Satyam, Cranes Software.
  • Banking & Financial Services: ICICI Bank, HDFC Bank, ICICI Lombard, ICICI Prudential, B&K; Securities, Kotak Securities, SBI Mutual Fund, SBI Life Insurance, ING Vysya.
  • FMCG & Consumer Durables: UB Group, Usha International
  • Others: Zee Telefilms, Nicholas Piramal, Shoppers Stop, VSNL, GENPACT, Pantaloon, IMRB, IFFCO TOKIO.

For more details, click on the link to download the complete placement report,

The Placements at NITIE, this year saw many new companies coming to campus such as Olam International, Deloitte Consulting, Standard Chartered Bank, Deutsche Bank, Computer Sciences Corporation, Cypress, SBI Caps, ICICI Prudential etc. There was a boom in the number of jobs offered in the Banking (Investment & Retail)/Financial Services and Consultancy domains.

The process kicked off with 21 PPO's and 14 PPI's being offered. The laterals conducted for the first time in NITIE saw 24 people accepting offers. Those with prior work experience were duly rewarded with highly lucrative offers. The laterals repeatedly saw companies offering premium salaries to bag students of their choice. It saw students accepting offers with profiles ranging from Strategy/General Management to Consulting. Companies across various sectors like FMCG, Banking (Investment & Retail), Insurance, Financial Services, Pharma, Manufacturing, Automobile, IT etc, made their presence felt which provided the students an opportunity to apply for jobs across various functions and sectors in areas of their interest. Foreign offers from companies like Olam International and consulting offers were seen ruling the roost.

The Consulting domain saw some big names from the industry like Deloitte Consulting, TSMG, KPMG, IBM, Accenture, Ernst&Young; and ECS. Banks and Financial Institutions made their presence felt in a remarkable manner this year with companies like Standard Chartered Bank, Deutsche Bank, ICICI Bank, Citigroup, SBI Caps, Reliance Capital, HDFC Bank, UTI Bank, ICICI Prudential, Adventity and GE Shipping Corporation visiting the campus. The FMCG sector had regulars like P&G;, HLL, ITC, Cadbury, Johnson & Johnson, Nestle, Coke, Reckitt Benckiser, Asian Paints, Cargill Foods and Marico. Recruiters from the Pharmaceutical Sector included Glaxo SmithKline, Dr.Reddy's Lab and Glenmark. Technology & IT sector had Intel, HP, CSC, Cypress, Cognizant Technological Solutions, Infosys, Wipro, TCS, HCL Tech, Satyam and MindTree Consulting. The Core & Manufacturing Sector included Maruti, Dupont, TATA Motors, TVS Motors, Anand Group and Murugappa Group etc.

The jobs offered ranged from Consulting, Financial Services, Marketing, SCM, Systems/IT to Strategy and General Management. The leading recruiters in terms of offers made included P&G;, Standard Chartered, Deloitte Consulting, IBM, ICICI Bank, ICICI Prudential, Intel, Infosys, Cypress and Cognizant Technological Solutions. Most students were seen getting multiple offers of their choice in terms of Job profile and sector they wanted to work in.

The average salary offered at the placements at IIT Kharagpur, Vinod Gupta School of Management, (VGSOM) this year jumped from 6.12 lakhs per annum to 7.06 lakhs per annum. The highest salary offered was 9 lakhs per annum and the minimum was 4.51 lakhs per annum. The median figure stood at 6.74 lakhs per annum.

The jobs on offer spanned across varied industry domains. While consulting companies such as PriceWaterhouseCoopers, Accenture, A. F. Ferguson, Bristle Cone made several attractive offers, biggies from the IT/ITeS sector such as IBM, Wipro, Infosys, Mindtree, HCL, Hexaware, Progeon, Tata Technologies also made their presence felt by selecting the candidates in significant numbers. A sizeable number of students had an offer in hand even before placements began through PPOs.

An encouraging trend was witnessed this year with companies from the sunshine financial services sector such as Citigroup, ICICI Bank, Citi Financial, SBI Caps, HSBC Analytics, SBI etc. taking in several people from the college. Prominent job-offers for the evergreen marketing and operations sector were from ITC, Tata Motors, Voltas, Maruti, Haier, Bajaj Auto, and Ashok Leyland. Tata Motors & Haier also selected candidates for the Human Resources function. Process is underway for foreign placements as well; seven students are in the process of being recruited by three global majors.

Placements for the summer training and dissertation programme for first year students have also started with first timers such as Hindustan Lever Limited, Yahoo, Voltas, Arvind Mills, Wipro Flextronics, Apollo Health, PFC, I-Gate, Patni and traditional organizations like PwC, ITC, Tata Motors, Maruti, Amul, e-Serve, RBI, Eicher Motors already having completed the process. Other well-known companies are scheduled to visit VGSOM in the near future.

The average salary offered at the IMDR, Pune placements, increased this year to Rs. 3.84 lakh as against Rs. 3.25 lakh last year.Students recieved maximum offers during zero day and out of a batch of 62 students 31 students got placed during zero day. The highest pay packet was offered by ICICI bank(Rs. 5.25 lakh gross). Incidently ICICI Bank was also the largest recruiter with 8 people receiving offers. This was followed by HDFC bank with 6 offers. The institute had many new entrants like ISG Novasoft, Cognizant Technology Solutions, SDG Software and Centurion bank. The other major recruiters included TCS, HCL, FinEng, Kotak Mahindra bank, Ma Foi Consultancy, Bharat Forge and Bajaj Allianz.

India's first corporate-sponsored Business School, International Management Institute (IMI) had its entire batch of 118 students of the class of 2006 getting job offers within hours from the scheduled start of 9th January 2006.

With average salary of Rs. 6,37,482 per annum, the highest salary offer was of Rs 8.13 lacs per annum by ITC. Companies like Citi Group and Infosys offered a package of Rs 6.5 lacs to Rs 7.2 lacs per annum. The Citigroup (Citibank, Citicorp, Citifinancial) jointly made 20 offers, emerging as the single largest recruiter for the second consecutive year. Infosys with 9 offers and JP Morgan Chase with 7 offers were the other prominent recruiters.

Other recruiters included Ernst & Young, JP Morgan Chase, DHL, CB Richard Ellis, Progeon, Career Launcher, DSCL, HCL, IMRB, RocSearch, SAB Miller, Axis Risk Consultants and Newgen.

The other emerging sector – Insurance was represented by ICICI Lombard, Prudential and IFFCO Tokio. CEAT, Blowplast and JK Group represented the consumer durable segment, whereas DHL and TNT's presence indicated the growth of the logistics sector. The India Today Group, Radio Mirchi, ABP Ltd and Dish TV represented media while Maruti and Tata Motors represented the automobile segment. The knowledge sector was represented by McKinsey Knowledge Center, Pipal Research, Pulsar Knowledge Center among others.

The entire batch of Shailesh J. Mehta School of Management, IIT Bombay was handpicked by corporate bigwigs, offering positions across various functions. A total of 52 companies gave 84 offers to the batch of 47 students resulting in an average of 1.79 offers per student. Offers for lateral placements included top-notch profiles like International Sales, Risk Management and Brand Management.

The average salary stood at INR 7.8 lakh for this year. The highest salary offered was INR 11 lakh and the lowest offer stood at INR 5.5 lakh. The median, which gives the true indication of the placements, stood close to the average salary at INR 7.63 lakh.

Companies like TSMG, E&Y;, KPMG, Avlon Consulting, Accenture, Bristlecone, and Mindtree Consulting were in the forefront in offering Consultancy positions. Infosys, IBM, MBT, Wipro, CSC, BirlaSoft, HCL Technologies, Honeywell, MAQ, Ramco, Polaris and many others dominated the Systems domain.

Banking, Finance & Insurance majors like Citibank, HSBC, JPMC, Bank of America, Kotak Mahindra Bank & Life insurance, SBI, Standard Chartered and SBI Caps were major recruiters this time. Marketing, Operations and Strategy profiles were offered by companies like Marico, Oracle, Cadbury, ITC, Colgate-Palmolive, GE, Godrej, ICI, Whirlpool, Tata Motors, Times Group & RPG Group.

New faces on the campus this year were leading KPO companies like Inductis, Aranca, E-funds, Progeon, Adventity, Fractal, Dell International, Clear Capital, and Evalueserve among others. Results for foreign offers are awaited.

The average domestic salary offered this year at Department of Management Studies, IIT Delhi's Final Placement 2006, touched Rs.7.44 Lakhs per annum - a marked growth of 15% over last year's figures. The average foreign compensation offered stood at $70, 000 per annum. The highest domestic salary offered on campus was Rs. 10 Lakhs per annum while the Median domestic salary for the batch stood at Rs. 7.25 Lakhs per annum. The placement process resulted in an average of 1.51 offers per student.

Consulting emerged as the preferred sector for the students with companies like TSMG, Ernst & Young, Accenture, Avalon, IBM Global Services, ITpreneurs participating in the process. The batch of 2006 saw placements in the BFSI- Banking Financial Services and Insurance sector with over 25% of the batch opting for this sector. The companies that visited campus included the likes of CapitalOne, Citibank, SBI, Kotak Bank, ICICI Prudential, Genpact, E-Funds International, India Bulls and Futures First.

The institute also witnessed impressive placements in the IT and ITES sectors with big-wigs like CSC, Infosys Technologies, Wipro, Inductis, HCL Group, Patni, eClerx, Pulsar Knowledge Centre, McKinsey KC, US Technology, Perot Systems and Hexaware coming to campus to recruit the Techno savvy managers of DMS, IIT Delhi. Challenging profiles were also offered by Maruti Udyog, DHL Worldwide, Bharti Televentures and many more. The summer placement process has also commenced with organizations like American Express, Citibank, HSBC, IBM Global Services, PepsiCo International, Flextronics, Mindtree Consulting, Maruti and many more in fray to recruit students from first year for two months internship program.

The 2004-2006 batch of 121 students of Xavier Institute of Management, Bhubaneswar bagged over 206 offers, an average of 1.7 offers per student, and drove the average salary up to INR 7.12 lakhs per annum, as against INR 5.24 Lakhs per annum the last year. Of all offers made, 20 were Pre Placement Offers. The highest domestic salary of 9 lakhs per annum was offered by ATOS Origin, followed by JP Morgan, with an offer of 8.6 lakhs per annum. On the international front, OLAM International made the highest offer of $85000 per annum.

Numerous companies like Infosys (26 offers), TCS (14 offers), IBM (11 offers), Wipro (10 offers), JP Morgan (6 offers), GenPact (10 offers), Mindtree Consulting (7 offers) and Ernst and Young (6 offers), made multiple offers.

Among lateral recruiters ATOS Origin, JP Morgan, Accenture, Infosys, Cargill India, and Wipro Technologies, ITC Infotech, Progeon, Mindtree Consulting made handsome offers. The IT sector, which amassed 34% of the batch, was once again the largest recruiter, followed by the consultancy firms which appropriated 22%. The Manufacturing Sector came in next with 16% closely followed by banking & Finance sector and FMCG Sector with 10% each.

A sector wise distribution of our key recruiters is given below:

IT & ITES -- > IBM, ATOS Origin, Hewlett Packard, Wipro, Infosys, TCS, iGate, GenPact, ITC Infotech, WeP Peripherals, Progeon.

Banking and Financial Services --> CitiGroup, HSBC AMC, SBI, UTI, ICICI Bank, HDFC Bank, ICICI Prudential, NCDEX

Consultancies--> JP Morgan, Ernst & Young, McKinsey, Accenture, PwC, Mindtree Consulting.

FMCG and Consumer Durables -->OLAM International, Marico, United Breweries, Godrej, Cargill, Wipro Consumer Care, Cavinkare.

Manufacturing --> Maruti Udyog, Tata Motors, Ashok Leyland, AV Birla Group, Tata Steel, Godrej and Boyce, Pilkington, L&T;, BPCL.

Entire batch of 173 students of IMT Ghaziabad, in PGDBM, MHRM and MIB got placed on the Day One of Placements 2006. In total, 91 companies showed interest in recruiting from IMT this year. However, only 56 companies could hire IMT students, since the students had already accepted offers from other companies. For the flagship PGDBM batch into it's 26th year, the Maximum Indian Salary offered was Rs. 9.25 lakhs p.a by Genpact. This year the average compensation touched Rs. 7.35 lakhs p.a.This was a jump of over 15% on the last year average compensation package. Among the biggest recruiters were Genpact, Wipro, Infosys and JP Morgan. The Human Resource batch saw an average salary of Rs. 5.4 lakhs p.a. with the maximum package of Rs. 7.83 lakhs p.a. For the first batch of International Business students, the average compensation package was at Rs. 5.03 lakhs p.a.

Apart from the regular recruiters like Becton Dickinson, Bharti Televenture, Citibank, Dabur, GE, Wipro Technologies, Henkel India, Kotak Mahindra Bank, Olam International, Reebok,Whirlpool, Satyam Computers,Seagram and Godrej to name a few, IMT Ghaziabad this year, saw a series of big brands coming for the first time, or after a long gap. These were like Nestle, JP Morgan, HSBC Global, Progeon ,Infosys,Cognizant Technologies, Dr. Reddy's Lab., Ernst & Young, ICI Paints, Indian Oil Corporation, Maruti Udyog, MindTree Consulting, Perot Systems, Reckitt Benckiser, SAB Miller, ICICI Prudential.

Welingkar Institute of Management sees a jump in the number of students placed on Day 1 this year over last year!

Welingkar Institute of Management broke its own record with 189 students getting placed on Day 1 over 105 last year, a clear increment of 80%! The total number of students getting placed by Day 2 was 225. Around 100 companies visited the campus this year.

Sector-wise Break up of Some Companies That Visited This Year

Banking & Finance: ICICI Bank, Standard Chartered Bank, HDFC Bank, Citibank, Sharekhan, Edelweiss Capital, ICICI Prudential Insurance Company Ltd., HDFC Ltd., Reliance Asset Management Co. Ltd., ING Vysya Bank, UTI AMC, ILFS Investment Commodities Ltd., SBI Life insurance, etc.

Manufacturing, Consumer Durables & Automobiles: ABB Ltd., RPG Enterprises, Godrej & Boyce, Blue Star, CEAT, Atlas Copco India Ltd., Bharat Bijlee Ltd., Hero Honda, Paper Products Ltd., etc.

FMCG, Pharma & Media: Nicholas Piramal Ltd., Radio Mirchi, Zee TV, UTV, Tata Chemicals, Ad Factors.

Retail & Consultancy: Pantaloons Ltd., Donear Industries Ltd., Arvind Brands, Cerebrus Consultants, Ernst & Young, Universal Consulting Co. Ltd., Kaizen (Africa), etc.

IT & Telecom: Patni Computer Systems, Infosys Technologies, Mastek, TCS, Siemens Information Systems Ltd., Bristlecone, HCL Technologies, Mahindra Special Services, Deloitte Touche Tohmatsu, NIIT, GTL, etc

Below table illustrates % of students placed in particular sectors and companies that recruited in that sector

Sector % Students Placed % Companies

IT 26.83 18.00

Banking 18.29 6.00

Finance 9.76 12.00

Manufacturing 8.94 11.00

Consultancy 4.47 7.00

Media 4.07 3.00

Retail 3.25 6.00

Pharma 2.85 1.00

Consumer Durables 1.22 2.00

Telecom 0.81 2.00

Automobiles 0.81 1.00

Companies that came to the campus for the first time were Infosys Technologies, Lehman brothers, JK Group, Jumbo Group (Dubai), Shaw Wallace, Skoda, Honeywell Ltd., NIIT, Ernst & Young, UTI AMC, Patni Computer Services, Radio Mirchi, Tata Motors, Jet Airways, Avalon Consulting, Bharat Bijlee, and Atlas Copco among others.

The largest recruiter was ICICI Bank recruiting 21 students. The average salary offered was Rs. 5 lacs p.a.

Two milestones were breached with the Final Placements of DoMS, IIT Roorkee's MBA Class of 2006. The first that it was declared closed in few hours flat, for the batch size of 47 students; and the second was surpassing the 6 lac mark in terms of average salaries.

DOMS witnessed top brands virtually fighting for the top slots in the placement week. And as a result of it, the week got reduced into days. Celebration time started as all candidates of the Class of 2006 got offers at least 4 months prior to graduation.

Best of the best Market Research firms shared slots with the IT majors while the top BPO firms didn't allow themselves to be left behind. There were Consulting bigwigs alongside Auto firms vying for their share of talent. The Financial sector desired to make its mark while firms from other sectors have completely missed the pie.
But of the 30 companies that confirmed to participate, just 15 firms got to recruit the batch by the time it completely ran out of candidates, as a result of which some companies had to return back empty while some others were requested to withhold their visit.

Participating firms this year included Infosys, Bristlecone, WNS Global Services, HCL Tech, Genpact, TCS, Hewlett Packard, Sun Microsystems, IBM, Balmer Lawrie, TNS Global, Bajaj Auto, Satyam, IMRB, Newgen, Manhattan Associates, AC Nielsen, Oracle, Futures First, eValueserve, Aditi Technologies, SBI Caps, Mahindra British Telecom, Cadila Pharma, Mckinsey KC, eServe International, Ispat and 3i Infotech amongst others.

It was as encouraging to see the increasing number of lateral offers and PPOs coming in, as it was to see the offers being made on-the-spot. With the placements only getting better and better every year, DoMS, IIT Roorkee is set to breeze into the B-School superleague.

Final Placements - batch 2006 The success story of the last few years was played out in more hues and vibrancy here at DoMS, IIT Madras. The students secured lucrative offers, resulting in the average salary increasing to Rs 6.5 Lakh from Rs. 5.1 Lakh last year. 60 offers were made during the course of the placement procedure for the batch of 41. The highest salary offered was Rs. 8 Lakhs. CitiBank(6),WIPRO(6),Cognizant Technology Solutions(5) and ICICI Bank (4) were the largest recruiters this year accounting for about half of the students here.

The growing brand equity of DoMS, IIT Madras was reflected by the way in which big names of the industry vied with each other to secure students during Placements 2006. The banking and insurance sector was represented by CitiGroup and ICICI, while McKinsey KC, Avalon Consulting and GENPACT continued their ongoing tryst with the department and offered consulting portfolios to the students here.

The IT/ITES sector was the most represented lot here and the largest recruiter too. Companies included IBM, US Technologies Ltd, Calsoft, Infosys, Wipro, Cognizant Technology Solutions and Covansys. Henkel, CavinKare and Bajaj represented the FMCG and Automobile sectors respectively bringing the total to only 13 companies which were required to place the entire batch26 of the 40 companies slotted for placement process had to return empty handed as students were snapped up well in advance with each student getting an average of 1.47 job offers.

Summer Placements for batch 2007 goes International

The highlight of the Summer Placement 2006 was the debut of foreign recruiters like Bloomberg,Lehman Brothers, Morgan Stanley, JonesLangLasalle and Indigo Futures, RTL Hedge Funds putting DoMS, IITM on the radar of international recruiters. Other companies recruiting for summers were from a host of sectors. The FMCG and Marketing companies on campus were Shell, Provogue, ITC, Henkel India, Godrej. The Telecom and Software sectors were represented by Bharti Tele Ventures, CTS, Genpact, US Technologies, Honeywell, Siemens etc. The openings in Operations included opportunities at Bajaj Auto, Hyundai, Ford India, Daimler Chrysler and Covansys. Citibank, Power Finance Corporation, ICICI Bank, Kotak Group, SBI Caps, Tata AIG highlight the opportunities in the financial sector. The Advertising firms on campus were JWT and O&M.; A few other companies from various other sectors are Avalon Consulting, KSA Technopak, Living Media, Saint Gobain, MTV, TVS Group, Murugappa Group and McDowell etc.