Placement Snapshots (MBA Programme)
The average salary of the laterals (with work-ex of more than 18 months) was INR 16.48 lakhs per annum while that of the freshers reached INR 15.03 lakhs per annum. Nearly 52% of the batch opted for a career in Finance; marketing was the next preferred choice with 26%; consulting had 16% of the batch taking up offers while for the IT sector, the figure stood at 6%.
On an average the highest numbers of offers were made by Banks, with a total of 45 offers. The top 5 recruiters included HSBC, Standard Chartered, Barclays Bank, BNP
Paribas and ICICI with international offers in investment banking, treasury sales, corporate finance, relationship manager, private equity and other niche financial profiles. Consulting firms like McKinsey & Co. and Arthur D. Little also participated in the process. European banks like Barclays and BNP Paribas initiated relationships with the campus this year, making several offers.
The process also saw participation from private equity players like Avigo Capital Partners and investment banking firms like Avendus Capital. Other consulting firms like Accenture, KPMG, Ernst and Young (E&Y;), Stern Stewart & Co., Pricewaterhouse Coopers (PwC) and Tata Administrative Services (TAS) also participated in the process and made multiple offers. The year witnessed international participation by MNCs like FMC Technologies (France), Lufthansa (Germany), MH Alshaya (Kuwait) and Sharaf Group (Dubai). The Finance sector was very well represented with participation from leading players like ABN Amro, Citigroup, Deutsche Bank, IDFC, Yes Bank, Axis Bank, JP Morgan Chase and Lehman Brothers among others. Niche profiles were also offered by SEBI, ICRA Management Consulting, GE (FMP), IREO, IDG Ventures, Dawnay Day AV and Zeus Inframanagement. In addition, roles in Finance were also offered by the leading firms like Procter and Gamble, Reliance, Nestle and Ranbaxy.
FMCG majors made their presence felt with HUL and Procter & Gamble leading the pack. Other names included Asian Paints, Britannia, Cadbury, ITC, Motorola, Nestle, Dabur, Pepsi, Godrej, Philips, SAB Miller and GSK. The rise of retail as the sunshine sector for the industry manifested itself in the form of BhartiWalmart, Reliance, RPG Group, Essar Group & Kuwait-based M H Alshaya offering profiles in this segment. Newer profiles were offered by firms like HT Media, Vodafone and MTV Networks. The IT sector also witnessed a good amount of participation with companies like Microsoft, Capgemini, Cognizant, IBM and HCL Technologies making multiple offers.
Placement Snapshots (MBA-MS Programme)
The number of companies that confirmed participation saw an increase as did the number of offers to the 2008 batch of MBA (Management of Services) students. 23% of the students got placed in leading consulting companies like Arthur D Little, KPMG, IBM Business Consulting and Cognizant Business Consulting. International offers for the MBA (MS) batch were made by Arthur D Little and Sharaf Group.
Financial Services continued to be the preferred sector with 46% of the batch accepting offers in financial firms and leading banks. Consulting attracted 21% of the batch, while marketing and IT attracted 22% and 11% of the batch respectively.
The major banks recruiting students included HSBC, ICICI Bank, Axis Bank and Yes Bank. Also, Financial services companies like Goldman Sachs, Avendus Capital, Stern Stewart & Co, SEBI, Tata Capital, ICRA and ICICI Prudential offered profiles to the students. PepsiCo continued to be a favorite with the students for its marketing profile. Leading companies from the retail and telecom sector including Sharaf Group, Bharti Group, Reliance and Essar Group participated in the process. In addition to companies like Asian Paints and Blowplast, consumer electronics giant Philips recruited for a marketing profile. The IT & IT enabled services sector continued to be a sector of choice for many candidates with a prior IT work-experience. GE made two offers for its Global Information Management Leadership Program (IMLP). Other major participants included Microsoft, Cognizant, IBM, KPIT Cummins, Wipro Technologies and QAI. HCL Technologies offered a Senior Management Trainee (SMT) profile.
The year also saw students like Neha Juneja decline a plum offer from the Tata Administrative Services (TAS) to form her own venture called aisapaisa.com. The venture is an independent platform for Indian retail investors to come together and aims to give them an experience in terms of learning, access to latest market information, collaborating with people with similar financial interests and trading intents – thus standing true to its tagline: Collaborate, Learn, Educate. Another student of the MBA-MS course, Ravi Pokharna opted out of the placements to pursue his dream of being an entrepreneur. Ravi has presently taken complete control of Delhi operations of PT Education, a national level firm, with 7 centersand a staff of 64 in Delhi.