Rise in
International Offers & Diversity of Profiles Highlights Placements at NITIE-Mumbai
NITIE has been a torch-bearer in
India for delivering world-class management professionals to the industry year
after year. The corporate giants picked up young managers in large numbers at
NITIE. Consulting giant Ernst & Young made 13 offers, FMCG
sector was dominated by Procter & Gamble who made 21 offers, Cognizant
Technologies led IT with 21 offers, and banking and financial advisory saw ICICI
Group make 30 offers this year.
The
number of international offers grew to 10 with Merrill Lynch, Olam
International and Essar Group leading the pack. The
highest international salary was US $ 85,000. The
highest domestic salary offer made was Rs. 20.97 Lakhs,
which grew by 40% as compared to last year's figure. The companies had already
displayed their confidence in the talent pool at NITIE as the number of
PPO offers stood at 66. The Batch of 2008
fittingly displayed its prowess as an average of 2.41
placement offers were made per student by various companies.
Giving wings to the bold dreams
of these young managers were companies like JP Morgan Chase, HSBC, Barclays,
Citi Group, Asian Paints and GE (IMLP, Commercial Finance) just to name a few.
The students who brought industry-specific work experience to NITIE found takers
in Multi-National giants such as IBM, Accenture Business Consulting, Manhattan
Consulting, SAP, Global e-Procure and Bristlecone. The premier job profiles
ranged from Strategic Management to Consulting.
NITIE has displayed its
exuberance in the FMCG Sector since its inception. Some of the majors who
participated in the placement exercise were HUL, GSK, Procter & Gamble, Colgate
Palmolive, Cadburys, Britannia, Johnson & Johnson, ITC, Glenmark and Reckitt
Benckiser. The profiles offered in the FMCG sector were those of Sales,
Marketing, IT and Supply Chain. 23% of the students grabbed the jobs in this
sector.
Consolidation in all the
management areas has been one of the highlights of placements at NITIE this year
as 30% of students embraced the Banking, Financial Services and Insurance
Sector. Top international and domestic banks like American Express, Citi
Bank,
ICICI Bank, Standard Chartered, Kotak Mahindra and Yes Bank roped in the talent
at NITIE. An unparalleled diversity of profiles was on offer with Investment
Banking, Project Finance, Consumer and Wholesale Banking, Credit Risk and
Treasury Operations being just some of the profiles.
India is the destination for
world class IT professionals and the largest International Conglomerates
were seen during placements at NITIE evincing their interest in the cream of
management graduates. Some of the top recruiters were Oracle, Cypress, Sun
Microsystems, Cognizant, TCS and Infosys.
Prof. Ashok Pundir,
Associate Dean (Placements), extended his warm wishes to the batch while saying,
"This year's placements have shown an upswing in International offers as well as
in a large array of profiles such as Treasury, Investment Banking, International
project finance and others. The large variety of offers has shown that NITIE
presents a bouquet of talent suitable for various sectors like Banking Sector,
FMCG, IT and Consultancy."
