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Jamnalal Bajaj Institute of Management Studies, Mumbai |
JBIMS-Mumbai
Witnesses Whopping 100% Rise in No. of I-Banks on Campus for Final Placements
'Dream a dream. Hold the
vision. Create the reality!'
This sums up the executive
placements at Jamnalal Bajaj Institute of Management Studies for the Batch of
2008.
A whopping 100% rise in the
number of investment banks on campus along with a plethora of niche profiles on
offer in sectors ranging from Consulting to Capital Markets, Telecom to Media,
and Real Estate to Conglomerates, the placements this year saw a new high. The
highest domestic salary offered was Rs. 29 Lakhs.
With the average salary peaking at Rs 13.84 Lakhs
and each student being made 3.08 offers on
average, the placements this year are nothing less than scintillating.
Divyesh Sanjana from the
Placement Committee said, "A melange of profiles of every possible kind across
all sectors and a plethora of offers to choose from, are few of the factors that
led to the path-breaking placements for the outgoing batch - precisely the goal
we set out to achieve as the Placement Committee at JBIMS."
However, it is not the soaring
salaries, but the choices and focus on profiles students have that makes this
year's placements so unique. A striking example of this trend was Anand Patil,
from the Finance Batch who grabbed an offer from Yes Bank as a Senior Manager
for their Investment Banking Division. "Challenges in a young organization are
something I look forward to and aligning my growth story with that of the
organization will give me a great amount of satisfaction," says Anand, who also
had offers from a top consulting firm and a leading MNC bank, along with a
pre-placement offer to boot.
This year also saw part-time
projects (off-summer projects, a concept unique to JBIMS) getting converted into
offers. Arjun Khanna bagged a prestigious buy-side equity research profile with
Principal AMC on account of the same. Students bagged offers from companies like
Nestle and L'Oreal on the basis of their performance in contests held by these
companies.
Investment
Banking
It was raining I-banks on campus
this year. The number of I-banks visiting campus doubled this year with 17% of
the batch taking up this career path. Besides bulge bracket I-banks such as
Citigroup (for their Global Markets Division) and Morgan Stanley Investment
Bank, top I-banks such as Avendus Capital, Enam Securities, ICICI Securities, JP
Morgan Chase and SBI Capital also made offers this year.
"Given the current tumult and
volatility in the capital markets around the world, I'm looking forward to
working in such a dynamic environment. Our focus on profiles and knowledge of
the markets has been well-appreciated by the corporates this year," says Rahul
Malpani, who has been placed with Avendus Capital.
