Summer placements at JBIMS, Mumbai: Real Estate and media as new sectors in the list of recruiting companies
The recently concluded Summer Placement process at Jamnalal Bajaj Institute of Management Studies (JBIMS) saw participation from 88 companies. In addition to maintaining its 100 percent placement record, JBIMS attracted companies from varied and diverse sectors, retaining its position as a preferred choice for recruiters.
The Summer Placement process this year saw active participation of regular recruiters. JP Morgan Chase, Citibank, HSBC, Standard Chartered Bank, Deutsche Bank, ICICI Bank, HUL, Procter & Gamble PepsiCo, ITC, Britannia and Colgate Palmolive were some of the heavyweights that made their presence felt this placement season. Apart from the coveted regular recruiters from sectors like Banking, FMCG, Financial Services, Pharma, Consulting, IT and Telecom, this year also witnessed companies from sectors like Hospitality, Media and Insurance recruiting in large numbers, indicating an interest among students in exploring new avenues.
The present placement season saw a range of profiles offered in various sectors of Finance, Marketing, Operations and General Management. The diverse profiles offered varied from Consulting to Credit Risk Analysis, from Treasury to Private Equity and from Product Development to Sales & Marketing. The Average Stipend this year stood at Rs 48,000. The average stipend offered for the summer placement of 2008-2010 was Rs 52,000.
Some of the key recruiters in each sector were:
BFSI: Citibank, Standard Chartered Bank, HSBC, Deutsche Bank, ICICI Bank, Axis Bank, Kotak
Mahindra, SBICAP Securities, Aviva Life Insurance, MetLife, DBS Cholamandalam, NCDEX.
Investment Banking: JP Morgan Chase, Ambit Capital, HDFC Property Ventures, Tata Capital, Bank of Baroda Capital Markets
FMCG and Pharma: HUL, Procter & Gamble, ITC, PepsiCo, Colgate Palmolive, Britannia, Reckitt
Benckiser, Heinz, Johnson & Johnson, AstraZeneca, Novartis.
Consulting, IT & Telecom: PricewaterhouseCoopers, Deloitte Consulting, Frost & Sullivan, Idea
Cellular, Tata Consultancy Services, L&T; Infotech, Patni Computers, Omnitech Infosolutions.
Conglomerates: Mahindra & Mahindra, Wipro, Larsen & Toubro.
Media, Real Estate & PSUs: Starcom, Aegis Media, Tata Realty & Infrastructure, Orbit Corporation, ONGC, BPCL.
Others: Voltas, Cummins, JSW Steel, Gitanjali Group, Tata Power.
The percentage distribution of the students placed in various sectors is as given below:
BFSI: 28 percent
FMCG: 25 percent
Investment Banking: 9 percent
Media & Telecom: 10 percent
Consulting & IT: 6 percent
Real Estate: 4 percent
Pharma: 7 percent
Others: 11 percent
Which is similar to the sectoral distribution for the summer placements of 2008-2010. Note that sectors like Media, Real Estate were not present last year.