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