Signed, sealed & delivered
By Deepshika Punj
06th August 2012 12:00 AM
For Vivek Nadiminti, 30, admission into a reputed college brought with it the perks of an enjoyable college life, academic excellence and most of all lucrative placements. He enrolled himself in one of the premier business schools and is today placed with Nokia with a package of `19 lakh per annum. He attributes his success to his alma mater.
Campus recruitment has become an important part of selecting trained professionals for organisations. “Such a process provides a platform for the organisations to meet and select committed aspirants. With the growth in IT/ITES industries, the need for talented and self-motivated people has grown. So organisations do not confine themselves to only select institutes but spread their net far and wide,” says an official from a staffing solution company.
Needless to say, premier business schools such as IIMs have always attracted the best students and held the record for best placements. “When all our students get placed, we feel it’s a good placement season. This year, as in the previous years, all the participating students found suitable opportunities through campus placements,” says Sapna Agarwal, head, career development Services, IIM-Bangalore. This year, the number of jobs offered was more than the number of students, as some got multiple offers. A total of 423 offers were made to 363 IIM-Bangalore students. Agarwal says, “Amongst the companies that made large number of offers were Accenture, Deloitte, IBM Consulting, Cognizant Consulting and Supermax. As a sector, consulting made the largest number of offers — around 30 per cent of the total offers.”
As premier management institutes often see a wholesome turnout of recruiters, multi-national firms also look forward to campus recruitments. “We have always enjoyed our recruitment experience at IIM Bangalore. This year too, we are extremely happy with the quantity and quality of students we have recruited. Besides making pre-placement offers to all our five summer interns, we have recruited four students and we look forward to getting them on board soon,” says Vikas Kaushal, partner, vice president, AT Kearney India, in an IIM-Bangalore placement report. IIM-Lucknow concluded its final placements for 2010-12 batch and successfully placed 389 students at reputed firms such as BCG, Infosys, Deloitte Consulting, Cognizant, IBM, Bharti Airtel, Larsen & Toubro, Proctor & Gamble, CitiBank and Coca-Cola. As many as 126 companies visited IIM-Indore for final placements for the PGP batch of 2010-12.
As the IIMs continued to boast of staggering placement record, private management institutes such as the Indian Institute of Planning and Management also fared well. “Ninety-seven per cent of students applied for placements and currently opportunities are being offered. Our average package this year was `6.25 lakh,” says Prof Arindam Chaudhuri, Honourary Director, IIPM Think Tank.
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