FMS…to accept CAT scores from 2011…!!

Recently, FMS announced that CAT will be the single entrance test through which students can get their seats reserved in FMS. No more written test will be conducted, which was the only medium (FMS own written test). However, no formal declaration has been made regarding the same till now. But, most probably this plan will be executed with effect from this year only, in the interest of reducing the additional cost which is involved in arranging the venues for written test, invigilators on duties and other factors.

It’s a bad news for the students who were specifically preparing the FMS written test. The test was scheduled for 4^th December, 2011. Students rather have to fill the CAT form instead of FMS’. If we talk about the pattern of CAT, it is entirely different from that of FMS. Cat emphasize more on quantitative aptitude where as FMS emphasize more on verbal ability section. The level of difficulty is not that tough, but still comparatively these both are the most important sections in the respective entrances.

Now, the tension is, the students who were more interested in CAT, I mean in IIM’s, and other top B Schools, seats for FMs will be open for them as well. And the number applications for FMS will increase. A candidate who will score more than 95% in CAT, getting a call from IIM Ahmedabad, will rather try for FMS first, after all it is the best B=school  in terms of Return on investment. The competition is increasing day by day, and so are my chances of getting into the right B-school. I hope, the authorities take the right decision in interest of  MBA aspirants like me.

100% placement for the students of PGDM..!!

Xavier Institute of Management, Bhubaneswar, popularly called XIMB, recently concluded its final placements.The PGDM batch of 2009-11, comprising of 180 students, saw an average salary of Rs.10.76 lakhs per annum. The average salary is noteworthy because the batch size had increased by 50% as compared to the previous batch. The highest domestic salary was Rs. 15 lakhs per annum, offered by a renowned FMCG giant. The median salary stood at Rs.10.3 lakhs per annum.

The regular recruiters were: OLAM International, AATCO, Cognizant, Godrej Properties, HCCBPL, Deloitte, United Spirits Ltd, HP, Tata Corp HR, Godrej & Boyce, TCS, Wipro, Axis Bank, SBI Caps, ICRA, CRISIL, JP Morgan Chase, Tata Steel, SBI and others.

The students were offered diverse profiles in functional domains like Marketing, Sales & Distribution, Brand Management, Marketing Analytics, Credit Rating, Corporate Banking, HR Consulting, Supply Chain Management, Production Management etc.

Several international placements with prestigious global companies were also offered to the MBA students. These companies were: Kadence International and AATCO. The highest international package offered was USD 32,650 per annum.

Consulting offers continued to grow, taking up 14% of the batch. The major recruiters offering consulting profiles were Cognizant, Deloitte,PricewaterhouseCoopers, Capgemini amongst the many.

The IT Sector recruited 24% of the batch and featured industry leaders from the entire IT spectrum like Cognizant, TCS, Wipro, HCL Technologies, Hewlett Packard, Mindtree, Polaris and Ramco Systems who offered lucrative roles to the students.

The finance sector also had a strong presence with recruiters like JPMorgan Chase, Citibank, Fidelity, SBI Caps, SBI, Religare, CRISIL, ICRA, ICICI Bank, L&T, HDFC Bank and many others recruiting over 19% of the batch. The profiles offered covered roles like Credit Rating, Corporate Finance, Equity Research, Risk Management, Corporate Banking and Commercial Banking.

From the Marketing domain, there were big names like Procter & Gamble, Reckitt Benckiser, Hindustan Coca Cola Beverages Pvt. Limited (HCCBPL), Kadence International, Cavinkare, Akzonobel, Wipro Consumer Care & Lighting (WCCL), United Spirits Ltd, Godrej & Boyce, Glenmark Pharmaceuticals, Tata Motors, Panasonic, Idea, IMRB, Tata Steel. These companies recruited about 25% of the batch. The Finance sector also contributed to the marketing sector with companies like Religare offering students marketing profiles.

HR had regular recruiters like Tata Corp HR and Dell along with recruiters like Renault Nissan India, Godrej & Boyce, Glenmark, Novartis, L&T and Religare offering HR profiles. PwC and Deloitte offered HR Consulting roles.

The Operations stream saw the likes of Adani Group, Renault Nissan India, Mahindra & Mahindra, Godrej & Boyce, and Tata Steel offering diverse and attractive profiles to the students in the fields Supply Chain Management, Procurement and Production Management.

IIM-A has reportedly been offered a record Rs 1.44 crore plus package from Deutsche Bank.

IIM-A has reportedly been offered a record Rs 1.44 crore plus package from Deutsche Bank while IIM Lucknow has bagged the highest offer of Rs 75 lakh from Olam International.


IIM-A saw regular biggies like HSBC, CitiBank, Boston Consulting Group (BCG) and McKinsey & Co, with BCG and McKinsey making eight offers each, including pre-placement offers during Cluster 1. Deloitte made 10 offers (including lateral offers) for consulting roles during Cluster 2. Other regular recruiters like TAS and Feedback Ventures offered general management and consulting roles and hired 6 students each. The campus also saw HUL, P&G, American Express, Standard Chartered and Nestle making several placement offers to students. In 2008, IIM-A received a total 415 offers, which consisted of 336 domestic and 79 overseas offers as compared to 2009 when the institute got 303 total offers, of which 225 were domestic while only 20 were overseas offers.


A week into placements, the IIM Lucknow has already received 300 offers, mostly by IT and finance companies. "We are seeing a positive response from recruiters this year. There were 100 lateral placement offers across sectors and now there have been 300 offers across all sectors since February 17. Most companies that have made the most offers this year belong to the IT and finance sectors," says Sharat Chander, Member, Placement Cell at IIM Lucknow. 

The institute, which had 100 lateral offers, began its final process with 220 students and has received offers for around 290 of this year's batch of 320 students, according to sources.

At IIM Indore the placement process is underway and IT is the flavour of the campus with IT companies making multiple offers during lateral placements. Students who have around 2-3 years of work experience are usually eligible for lateral placements. Around 30 per cent of the 235 student batch is learnt to be eligible for lateral placement. Rishi Pathak, secretary, student placement committee of IIM Indore maintains that apart from IT, banks, finance companies, marketing firms, even NGOs were registering their presence on campus. While international offers are being made by both domestic and international firms, offers in India and emerging nations seem to be the preferred choice among students.

Similarly, companies are making multiple offers at IIM Calcutta. While the final placement week is scheduled for March 6, lateral placements are on-going at the campus. Nearly 170 out of 280 students are eligible for laterals at the institute. "The placement scenario is looking much better than last year but has not reached the levels of 2008 yet. We are seeing first time recruiters as well," says Samyukktha Thirumeni, external relations secretary, IIM-C. Nearly 100 students are learnt to be holding offers on hand. "We have also had international recruiters like Daeyang Shipping for laterals this time, which is a first, as laterals generally see only domestic firms visiting the campus," she adds.

XLRI Jamshedpur will conduct its final placement for the one year full time General Management Programme (GMP) at Mumbai from March 3 to 6, 2010 at St Xavier's College. Companies like Apollo, SAP, TCS, Mahindra Satyam, Tech Mahindra, Biocon, Wipro Infotech, Daimler and few Tata group companies have already visited the campus. Over 25 students have already been made offers that range between Rs 11 lakh and Rs 28 lakh per annum. Soumya Ranjan Mahakul, secretary of the placement committee, says: "The average experience of the batch of 100 students is around 7 years with half of the batch having average international experience of 3 years. The diversity caters various sectors in the market."

Dream: IIM Ahmedabad...!!

IIM Ahmedabad, The most Impressive and favorite business school among the students of India. IIM has secured many  awards for its excellent performance and effective Placement sell which has created buzz in Indian Media by promoting their students in world’s top Company by offering handsome amount of money.The only way to get Admission in IIM Ahmedabad is to complete CAT – Common Admission Test, and consequent rounds of personal Interviews and Group Discussions. 

Have a look at the campus:

Fees Structure: 15,00,000. It has increased to Rs 15,70,000

For more information: http://www.iimahd.ernet.in/index.html

Graduation..!!

Its been almost a year now, that I have completed my graduation in Business management from BIT. While taking admission in BIT,I thought... this is the same BIRLA's institute....but actually after being in the college..in few initial days only I got to know that our BIT is completed different from what actually I was thinking of....d BITS, Pilani. Very proudly our teachers told that this is BIT and not BITS,Pilani..& not only me, all my friends had same misconception....oh god...

Before joining Bachelors in business administration, I thought its better to go for a professional course rather than going for b.com or any other bachelors degree as it will help me out in future. How can I forget that..in the first few days of college when d teachers usually ask for introduction..all of my class mates used to say..we have joined BBA because it is a platform for higher studies..."MBA"..hahahaha:)..what a platform...!!But it is actually very tuff to join higher studies..from a reputed b school. I i have still not decided what to do in regards to my career..going for MBA and cracking "cat"..which i know is not possible. The most disgusting fact is most of the engineers are going for MBA and are toppers of cat...nonsense people...they should remain in their own field rather than jumping into others...Why don't they opt for M tech and M Sc's...I really don't know why everyone is so interested in MBA...where should commerce guys go..no place in IIMs and other top b schools. Commerce students are preferred when they have good work ex...but who will provide job opportunities to freshers? I am not talking about so called BPO jobs..these days no organisation is providing job opportunities to fresher grads without campus placement...n here comes the role of BIT..useless placement cell....with 0 companies looking for candidates.

Still I joined one organisation in sales department; thinking its better to go for something rather than nothing. Coz usually in PI's ..judges ask about the time gap..Its been 7 months now that I am working and again its time to think about higher studies..One day I will be in depression...for sure...now again choice has to be made between ims, time or career launcher. Now a thought comes across what will happen if after preparation also..I could not make to a good b school.I really don't want to join an institute where placement is doubtful.

Moving backwards if i think where did I made the mistake.. was it not securing more than 90% in class 12th and going into a good Delhi university college..atleast securing a placement after spending 3 years, or was it dropping one year thinking experience will count and it will help me...god please help me out...!!

B-Schools ranking by Business India,2011

RANK	INSTITUTE NAME	CITY
1	IIM A	Ahmedabad
2	IIM B	Bangalore
3	Indian School of Business	Hyderabad
4	IIM C	Kolkata
5	XLRI Jamshedpur	Jamshedpur
6	IIM L	Lucknow
7	IBS	Hyderabad
8	Management Development Inst.	Gurgaon
9	Institute of Mgmt. Technology	Ghaziabad
10	S. P. Jain Inst. of Management	Mumbai
11	FMS, University of Delhi	Delhi
12	Jamnalal Bajaj	Mumbai
13	NITIE	Mumbai
14	International Mgmt. Institute	New Delhi
15	NMIMS University	Mumbai
16	Indian Institute of Foreign Trade	New Delhi
17	IIM	Kozhikode
18	IIM Indore	Indore
19	Great Lakes Institute	Chennai
20	Xavier Institute of Management	Bhubaneswar
A++	Alliance Business Academy	Bangalore
A++	Amity Business School	Noida
A++	Balaji Institute of Modern Management	Pune
A++	Bharathidasan Institute of Management	Tiruchirappalli
A++	Christ College Institute of Management	Bangalore
A++	Dept of Management Studies, IIT	Delhi
A++	IILM Institute for Higher Education	Delhi/Ncr
A++	Indraprastha University School of Management	Delhi
A++	Institute for Financial Management & Research	Chennai
A++	Institute for Technology & Management	Navi Mumbai
A++	Institute of Management Technology	Nagpur
A++	Institute of Rural Management	Anand
A++	K J Somaiya Institute of Management	Mumbai
A++	Lal Bahadur Shastri Institute of Management	New Delhi
A++	Lovely Institute of Management	Phagwara
A++	Loyola Institute of Business Administration	Chennai
A++	MET Institute of Management	Mumbai
A++	National Institute for Technology	Tiruchirappalli
A++	New Delhi Institute of Management	New Delhi
A++	Nirma Institute of Management	Ahmedabad
A++	PSG Institute of Management	Coimbatore
A++	SCMHRD	Pune
A++	SCMS	Alwaye
A++	Shailesh J. Mehta School of Management, IIT	Mumbai
A++	SIES College of Management Studies	Navi Mumbai
A++	St. Joseph’s College of Business Administration	Bangalore
A++	Welingkar Insitute of Management	Mumbai
A++	Xavier Institute of Mgmt & Entrepreneurship	Bangalore
A++	Amrita Business School	Coimbatore
A++	Apeejay School of Management	New Delhi
A++	Army Institute of Management	Kolkata
A++	Balaji Institute of Telecom & Management	Pune
A+	Bharathi Vidyapeeth Institute of Management	New Delhi
A+	BIMHRD	Pune
A+	Birla Institute of Management	GreaterNoida
A+	BLS Institute of Management	Ghaziabad
A+	Campus B School	Ghaziabad
A+	DAV Institute of Management	Faridabad
A+	Eastern Institute for Integrated Learning	Kolkata
A+	FORE School	Delhi
A+	Fortune Institute of International Business	New Delhi