Final
Placements at IIM Lucknow Conclude with a Resounding Note of Success
With a graduating batch of
256 students to be placed this year, IIM
Lucknow went into final placements with an air of optimism. This optimism
crystallized into reality at the end of Slot Two, as there was wide-spread
jubilation on campus with the hallowed mark of
hundred percent placements being reached rather effortlessly.
Placements began in November,
with companies awarding Pre-Placement Offers (PPO) to their summer interns. The
number of PPOs was 90, up from last year's
figure of 65.
Prominent recruiters in
Higher End Placement Process (known as HEPP for relatively higher work
experience students) were Standard Chartered Bank, TSMG, Aditya Birla Group,
KPMG, PricewaterhouseCoopers, Ernst & Young, Headstrong Consulting, Cap Gemini,
Yes Bank, Infosys, Cognizant, IBM, Hinduja and Essar.
The trend depicted over the last
few years continued with key additions to the list of recruiters in HEPP. Ernst
& Young Dubai, Lehman Brothers, Barclays, Deloitte, Citibank, Unitech were some
of the new recruiters visiting campus for lateral candidates. A prominent
number of recruiters offered international locations to their hires.
This year's HEPP has witnessed
Consulting firms make IIM Lucknow their strong-hold with consulting giants
Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, TSMG, Cap Gemini,
Headstrong Consulting, Hewitt Associates, Cognizant and IBM making over large
number of offers.
With a large number of candidates
looking towards financial institutions to pursue their careers, the Lateral
Placements at IIM Lucknow did not disappoint with Standard Chartered, Lehman
Brothers, Barclays, Yes Bank, among others, offering choicest job profiles.
Candidates with prior work
experience were hired for higher management profiles. The marked difference this
year that position of a Vice-President is being offered by one of the leading
tele-communications firm.
A total of
554 offers were made to 256 students, including
32 international offers. Final Placements
this year saw a number of consulting firms like McKinsey & Co., AT Kearney,
Ernst & Young, Accenture, Deloitte Consulting, KPMG, PriceWaterhouseCoopers ,
TAS and Bristlecone visiting the campus.
IIM Lucknow continued to attract
the best organizations in the banking and financial sector and these companies
offered a wide spectrum of roles for the students. The major recruiters in this
sector included O3 Capital, Avendus Advisors, Lehman Brothers, JP Morgan Chase,
Citigroup, Deutsche Bank, Standard Chartered Bank, Calyon Bank, Kotak Mahindra
Bank, American Express, ICICI Securities and ICICI Bank.
The stand-out achievement was the
number of I-Banks that participated in the process this year, marking the rise
of IIM Lucknow as a recruitment hub for the investment banks, brokerage houses
and trading firms. Enam Securities, Kotak Securities, ICICI
Securities, Avendus Advisors, Edelweiss Capital, Angel Broking and O3 Capital
were such firms that chose IIM Lucknow for their requirements.
As has been a trend in the past,
placements in the field of sales and marketing attracted the best organizations
in the world. Corporates such as HUL, P&G, Johnson & Johnson, Nestle,
GlaxoSmithKline, Tata Group, ITC, Marico, Pepsi, Coke, Dabur and Cadbury
recruited students in large numbers to spearhead their marketing initiatives.
This year also saw the third Agri
Business Management batch passing out 100% again with flying colours. Various
organizations participating in the ABM placement process were ITC, Reliance
Industries, Cadbury, ICICI Prudential, ICICI Bank, Standard Chartered Bank and
Reliance ADAG among others.
Prof. Pankaj Kumar,
Chairman, Placements, attributes this to excellent pedagogy, competencies and
values that students acquire at IIM Lucknow. With the economy on a high these
students are bound to make the best out of it and lead the way towards a
progressive nation.
With this year's placements, IIM
Lucknow has yet again proved its standing as one of the top B-schools in the
country and has proven to be a preferred destination for organizations, which
hand-pick not more than 2-3 B-schools to recruit from. If the trend continues,
IIM Lucknow students are bound to leave their foot-marks on the global landscape
and make the nation proud.
Prof. Kumar reiterates the
institute's decision of NOT disclosing salary figures and de-emphasizing it has
paid off. It is being highly appreciated by the recruiters, students and society
at large and eventually helped in matching the profiles among the students and
recruiters which is the main focus of placements at IIML.
Batch after batch, a large number
of students start their own ventures and, therefore, don't participate in the
placement process. This year again, more than six students are embarking on
endeavours in various sectors such as financial services, hospitality, etc. This
re-emphasizes the institute's philosophy of creating more entrepreneurs and
business leaders.
Statistics
of Placement 2008
|
|
Current Year |
Last Year |
| No. of
Students |
256 |
280 |
| No. of
Offers Made |
586 |
554 |
| No. of
Offers for Foreign Placement |
32 |
28 |
| No. of
Offers for Indian Placement |
554 |
526 |
| No. of
Pre-Placement Offers |
90 |
65 |
| No. of
Higher Entry Placement Offer (Lateral) |
146 |
123 |
| Offers
During Placement Week |
350 |
366 |
Functional
Area-wise Breakup: 2008
|
Functional Area |
% |
|
Consulting |
23 |
|
Information Technology |
7 |
| Sales
& Marketing |
18 |
|
Finance |
31 |
|
General Management |
6 |
|
Operations |
6 |
| Human
Resources |
1 |
| Agri
Business Management |
8 |
