Substantial
Increase in International Offers Highlights Placements 2008 at IMT, Ghaziabad
To judge the success and
recognition enjoyed by a B-school in the corporate world, placements might
provide a credible yard-stick, and if they are anything to go by, IMT
Ghaziabad has re-affirmed its position as one of the best institutes in
India
by achieving what was widely considered highly improbable, if not outright
impossible.
With launch of 3 new courses in
HR, International Business and IT, leading to the batch size increasing to
almost a double of last year's 180, there were reservations expressed by all
quarters about the placement performance of IMT Ghaziabad. But Placements 2008
have dispelled all such apprehensions about the institute's capability to
produce some of the best management brains in the country with the average
salary increasing across courses, and despite the increase in the batch size,
most of the students getting at least 2 offers, while many had more than 3
offers to choose from.
The highlight of the placement
week was the substantial increase in the number of international offers from
companies like HSBC Hong Kong, Protiviti Risk Consulting, Sharaf Group, Olam
International and Jumbo making a total of 15
international offers, compared to 7 last year.
The range of companies presenting
and posting opportunities to IMT students was greater than ever before. This
year IMT Ghaziabad also welcomed a number of recruiters coming for the first
time or after a long gap including Mercer, AT Kearney, Cerebrus, Synovate,
Perfetti Van Melle, Vodafone, Aviva, Yes Bank, Schneider, SKF, SEBI, ORG-IMS,
Aptivaa and Moser Baer, to name a few.
Some of the companies that
participated in the placement process were: -
FMCG: Agrotech Foods, Dr.
Reddy's Laboratories, Godfrey Philips India, Hindustan Unilever, ITC, Perfetti
Van Melle, Reckitt Benckieser, SabMiller, ICI, Henkel India.
Telecom: Bharti, Idea,
Tata Teleservices, Vodafone.
IT & ITES: Accenture,
Citigroup Global, Cognizant Technology Solutions, Genpact, Infosys BPO, Infosys,
Mphasis, Perot Systems, Satyam, TCS, Wipro.
Consulting: Aptivaa,
Arthur D. Little, A. T. Kearney, Avalon, Cerebrus, Mercer, Protiviti, Synovate.
FI: Aviva, Citibank, DE
Shaw, HDFC Bank, HSBC, ICICI Bank, Kotak Mahindra, Power Finance Corporation,
Irevna, Adventity, SBI Life, SEBI, Tata AIG, ICICI Prudential, Tata Capital,
United Bank of Switzerland, Bank of America, Yes Bank.
Manufacturing: GE,
Schneider, SKF, Mahindra & Mahindra, Essar Group, Maruti Suzuki, Tata Motors,
Indian Oil Corporation, Moser Baer.
KPO: Absolute Data, eClerx,
Pharmarc, Rocsearch.
Others: IMRB, JLL Meghraj,
ORG-IMS, Reliance ADAG, VFS Global.
Comparing with the last year's
batch of the PGDBM programme which comprised of students majoring in Marketing
and Finance, the average salary this year has increased to Rs. 10.87 Lakhs p.a.
With the inclusion of three newly launched courses in IT, IB and HR,
the overall average salary for the PGDBM programme at
Placement 2008 is a highly impressive Rs. 9.56 Lakhs p.a.
The average salary for the
Marketing students stood at a staggering Rs. 9.60 Lakhs p.a. whereas the
figure for the Finance students was more impressive at Rs. 11.77 Lakhs
p.a. The average salary for the HR students was Rs. 7.42 Lakhs p.a.
Students majoring in IT got an average compensation of Rs. 7.82 Lakhs
p.a.
The
highest domestic salary offered this year was Rs. 17 Lakhs (offered
by Abhishek Industries - Trident Group) whereas the
highest international package offered was $ 85,000 (offered by
Olam International, Singapore).
"This was the first time IMT
Ghaziabad made conscious efforts to call recruiters from abroad, and in a very
short span of time, we got an increase of more than 100% in number of
international offers coming our way. Due to operational reasons, we had to call
off a few more international hiring opportunities. In the years to come, we are
determined to put IMT on the global map," said Prof. Nilanjan Chattopadhyay,
Chairman Placements at IMT Ghaziabad.
