25 New
Companies Visit XIMB for Annual Campus Recruitment Program 2008text
Xuberance 2008, the Annual
Campus Recruitment Program of XIM, Bhubaneswar was carried out amidst
much enthusiasm. XIMB lived upto its record of excellent placements by placing
both the PGDM and PGDM (RM) batches of the Class of 2008 in style on Day 1.
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In the case of the PGDM Batch,
out of the more than 100 companies that had evinced interest to participate in
the placement process, 75 were slotted out of which 62
companiestext were lucky enough to recruit before the end of the
placement process. A total of 248 offerstext were
made to a batch of 118 studentstext, which leads
to an average of 2.1 offers per studenttext.
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Along with the regular
recruiters such as JP Morgan Chase, Olam International, ICICI Bank, TCS,
PricewaterhouseCoopers and Marico, the campus saw a huge jump in the number of
new recruiters with as many as 25 new companies visiting the campus for the
first time. text
Among the new companies
were Mediacom, HSBC Bank, Irevna, SEBI, Verizon, Aptivaa Consulting, Barclays
Bank PLC, Vodafone, RPG, Glenmark Pharma, Deutsche Bank, Hindustan Times, Hewitt
Associates, Deloitte Consulting, and many more. The breadth of profiles offered
to the students this year were astounding with profiles as diverse as Treasury
Management, SCM Consulting, Risk Management and Investment Banking, Wealth
Management and Corporate Banking being on offer.text
Finance proved to be the major
draw this year with 35% of the batch signing out with offers from banks and
other financial institutions. Among the many finance majors which visited the
campus were Deutsche Bank, Barclays Bank PLC, HSBC, SEBI, Axis Bank, Irevna,
ICICI Bank and SBI Caps. The highest offer went up to Rs. 16.5 Lakhs per annum,
which was offered by JP Morgan Chase.text
In the IT/ITES sector, apart from
the regular recruiters like TCS, Wipro, Infosys and Cognizant Technologies, this
year saw the advent of several new recruiters like Verizon, Barclays Technology
Services and WNS Global. The highest salary on offer in this sector was Rs. 12
Lakhs per annum. text
The Marketing area saw new
companies like Vodafone, RPG Cellular, Mediacom, HT Media and the Trident Group,
apart from the FMCG regulars like Marico and Godrej. The highest salaries in the
FMCG and Media sector were Rs. 10.5 Lakhs per annum and Rs. 11.5 Lakhs per annum
respectively. text
The HR and Consulting scene
looked bright with companies like Hewitt Associates, Deloitte & Touche sharing
space alongside the regular recruiters like Ernst & Young, Tata Group HR, Grow
Talent and PricewaterhouseCoopers. The salaries in this area were as high as Rs.
13.0 Lakhs per annum.text
his year the number of
PPO/PPIs offers was 32text. There were a total of
4 international offerstext made and the
highest offer of $ 85,000 was made by Olam Internationaltext.
The highest domestic offer of Rs.
16.5 Lakhs per annum was made by JP Morgan Chasetext. The
average salary saw a considerable hike by 15% to Rs.
10.12 Lakhs per annumtext. This was a 100% increase in salary over the
last three years. The mean domestic salary figures were an impressive Rs. 9.56
Lakhs per annum whereas the median for the same stood at Rs. 9.5 Lakhs per
annum.text
In the case of the PGDM (RM)
Batch, 18 companiestext visited the campus
and made a total of 75 offerstext to a batch of
61 studentstext, which works out to
1.23 offers per studenttext. text
There were a number of new
recruiters like IMRB International, Research International, Reliance Life
Insurance, ICICI Lombard, IOCL and IFMR (CDF), in addition to regular
recruiters like Amul, Monsanto, SKS Microfinance and HDFC Bank. The profiles
offered stretched across the areas of Agribusiness, Banking and Insurance,
Development & Microfinance and Research. On many occasions, the profiles offered
to the candidates were developed and designed mutually by the recruiter and the
candidate. This resulted in many challenging and enriching profiles being on
offer.text
The
highest salary offered was Rs. 8.50 Lakhs per annum while the average salary
stood at Rs. 6.01 Lakhs per annumtext, which was an 18% increase over
last year. The median salary was Rs. 5.85 Lakhs per annum with 45% of the batch
securing a salary higher than Rs. 6 Lakhs per annum.text
