MDI: 70 pc of the graduating batch placed

The batch strength for class of 2009 is 269, up by 60 pc from 168 students in 2008. Of these, 26 students were placed in the lateral placement process and 24 accepted the Pre-placement offers extended to them. 16 students opted out of the placement process to take the entrepreneurial route.

Companies participating in the process came from various domains like PSUs, banking, consulting, financial services, insurance and investment banking, FMCG, media, manufacturing, IT, pharmaceuticals, retail, telecom, education, infrastructure and SMEs. Job profiles offered were Finance, Consulting, IT, Sales and Marketing, General Management and Operations.

Major recruiters for HR profiles were Ernst & Young, Tata Sons, Tata Steel, ICICI, ITC, Maruti Udyog, RPG, Glaxo SmithKline and Sharaf (Dubai). The PGPM and PGPIM recruiters included AIG, American Express, Axis Bank, Bharti, Vodafone, Citi Group, Essar, Glaxo SmithKline, Marico, Godrej, Mahindra & Mahindra, Baxter, Fortis, Goldman Sachs, ICICI, ICRA, ITC, Procter & Gamble, Pepsi, Phillips, Reckitt Benckiser, SBI Capital, SEBI, ICRA, Cognizant, Tata Group, IBM, Fresenius Kabi Oncology Ltd, Darashaw, Indus Towers and Efficio Consulting (London). Major PSU recruiters were IOCL, GAIL, PGCIL, Bank of Baroda, IIFCL, IFCI, and SIDBI.

According to the press release, aGiven the fact that the placement process is still on, it will be premature to release the pay packages as of now. The highest domestic salary has actually increased from last year, though the average salary has seen a dip of close to 10 pc as compared to the previous year at the time of reporting.”

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