The entire batch was placed by the end of Day 1, which gave every student sufficient time to evaluate various profiles on offer and select the ones that were most preferred. The highest domestic stipend on offer touched six figures at Rs. 1,00.000, a whopping 67 pc rise over last year. The average domestic stipend also touched an all time high of Rs. 47,000 (Rs 23,500 per month).
FMCG & Pharma
This year saw the resurgence of FMCG majors on campus with 21% of the batch accepting offers from the sector. Proctor & Gamble led the way, making six offers. Heavyweights such as HUL, Nestle, Colgate Palmolive, and Coca Cola also recruited in numbers. Other major FMCG recruiters like ITC, Cadburys, Dabur, Britannia, L’Oreal, Heinz and Castrol participated in the process. Titan and DuPont made several offers for their marketing profiles.
The Pharmaceutical sector was well represented by majors like Pfizer and Astra Zeneca. Global pharmaceutical giant Pfizer recruited interns for its finance and marketing functions. Johnson & Johnson Medical also made several offers for its marketing, finance and operations profiles.
BANKING AND FINANCIAL SERVICES
JBIMS continued to live up to its reputation of being a favourite amongst top banks and financial services companies. Over 30% of the batch opted to do their internship in this sector in reputed organizations such Citibank, HSBC, Standard Chartered, ICICI, Kotak Mahindra and Axis Bank. Profiles on offer include M&A; advisory, debt syndication, treasury, and credit and risk management.
KPMG lead the pack of Financial Services companies and made offers for its Financial Advisory Services division. “It feels great to have made it to one of the Big Four for my internship” says Harshal Pandya who would be doing his summers with KPMG.
India’s leading Merchant Bank AK Capital Services Limited offered profiles in investment banking and Wealth Management. Commodity Exchange NCDEX recruited for projects in their Spot Markets division. Financial Services sector also saw the participation of regular recruiters like GE Money and American Express. IDFC recruited two students for its project evaluation and appraisal practice.
CONSULTING
Consulting majors Acccenture Business Consulting and Mercer Consulting participated in the process. “The best thing about Management Consulting is one gets to see his deliverables being successfully implemented which would provide huge job satisfaction. The best thing about working with Accenture is the variety of work and its clients’ base as well as its expansive training programs”, says one lucky candidate who made it to the leading Consulting major.
IT and ITES
Almost all of India’s IT majors took part in this year’s summer placements. These included Cognizant, TCS, Wipro, Patni and Mindtree Consulting. JBIMS forged a new relationship with US Technology which was a first time recruiter at this year’s summer placements.
INTERNATIONAL OFFERS
International placements continued from where it had left off in February with students having a host of international profiles to chose from, which is testament to the growing international recognition JBIMS is receiving. “JBIMS has proved to be a great platform to venture into my first opportunity to work overseas. I look forward to work in a truly global environment and gain exposure to international standards and best practices”, says CET 2007 topper Shreyas Shah, who opted for a business development profile with UAE based conglomerate Sharaf Group over domestic offers. Other Students from JBIMS would be looking forward to undergoing their summer internships in companies like HSBC, Procter & Gamble and US Technology.
NICHE PROFILES
Several niche profiles on offer ensured that students from the batch of 2007-09 could choose from the entire gamut of projects available. International Telecom major Vodafone selected two students. The RPG group offered diverse projects varying from Project Finance to projects in their ERP function in retail. Hindustan Times made 2 offers to fuel its future growth in new businesses. Students were also offered profiles like international factoring, asset management and projects in the aviation sector.
Member of the Placement Committee, Ankit Tyagi says, “The high point of this summers was not the registration by over 100 companies, nor was it the good start to international summers or the record stipends offered, instead it was the successful introduction of an innovative student friendly dream offer concept for the summer placement process. This succeeded in giving the students the option to get the most desired profile in the sector of their choice, while they already had offers in hand.”