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Day zero, the first slot for placements at the Indian Institute of Management, Bangalore, which ended here on Friday afternoon, saw 14 companies landing on the campus to hire its students.
This is a major move upwards from the five that turned up last year on day zero.
The companies included Dresdner, Captive One, McKinsey, Boston Consulting Group, A T Kearney, HSBC, British Telecom, Barclays, Temasek, Bank of America, GM, Deutsche Bank, Lehman Brothers and BNP Paribas.
The places for which graduates have been hired include US, London, Hong Kong, Singapore and Tokyo.
Commenting on the candidates this year, Gauri Gupta of BCG said, The batch this year was very good. Specifically, they were sound on analytics and had a high level of maturity.
I had high expectations when I came here. And I was still pleasantly surprised. The quality is outstanding. The students here at IIM-B are exceptional, said an executive from HSBC London.
Day zero denotes the first phase of placements for IIMB where the top rung of companies including investment banks and consultants land to hire students for their international locations.
Day one, which starts on Saturday, will see the second rung of companies including names such as Proctor & Gamble, Hindustan Lever Limited and Citibank arriving at the campus.
Around 120 companies are expected to come to IIM-B for placements this year.
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MBA Placements 2005: JBIMS Sees A Great Pick-up in Financial Sector
The executive placements at JBIMS saw more than 100 companies registering for the process, wherein 42 companies made a total of 149 offers to the 107-strong batch. As compared to last year the average offer rose from 1.25 to 1.41 per student.
A few hours was all it took to place the entire batch not just in their desired sectors but also in their desired job profiles.
The Financial Services Sector formed the largest chunk of recruiters this season, with Banks being prominent among them. This sector alone accounted for 47
The banking and financial services sector has taken the lead as regards summer placements at Indian management schools, although the interest in FMCG (fast moving consumer goods), Pharma and IT continues. However, it has become clear that information technology (IT) no longer reigns supreme.
At Delhi's Faculty of Management Studies, there has been a revival of interest in finance, especially in areas like treasury operations, corporate banking and consumer banking. The Indian Institute of Management, Bangalore (IIM-B) received 60 offers of summer placements. Finance, banking and insurance companies occupy the top slot with 28 percent offers, while FMCG companies made 23
The Indian School of Business, for the second time consecutively, has set new benchmarks for placements in 2005. The ISB has recorded the highest international offer of $181,000 (Rs 80 lakhs). The average international salary at $100,000 (Rs 44 lakhs) recorded a jump of 19% from 2004. The highest Indian salary at the ISB this year is Rs 20 lakhs and the average Indian salary stands at Rs 10 lakhs, representing a rise of 11% from last year.
Speaking on the occasion, Ajit Rangnekar, Deputy Dean, Indian School of Business, said, The placement results for 2005 have been phenomenal. The
The much-awaited campus placements for the 2004-05 batch of students at the prestigious Indian Institute of Management (IIM-B) commenced here on Thursday.
On day one, 14 companies conducted the preliminary processes of selection. The final interviews will be held on Friday.
This year, the selection process is different at IIM-B. Aiming to reduce the pressure on students and corporates, the institute has staggered the process for each of the 115 participating companies from all over the globe, by a day. While the preliminary processes will be held on the first day, the interviews will take place on the second
The anatomy of B-school placements: How companies throw a fit
Why is placement information kept confidential in B-schools? How are companies slotted during the placement days? How do companies compete in a cutthroat manner to get the best candidates? Reporting exclusively from leading school Goa Institute of Managements campus during its placements, we capture the unseen machinery and drama behind a typical MBA placement process.
Its pretty much a demand-supply issue. Companies need good managerial talent and the avenues to identify and recruit that good managerial talent are limited in India. Between November and March, when most Indian B-schools open up their
A student of Indian Institute of Management, Calcutta, received a foreign offer of $100,000 as placements proceeded at the institute.
While final details of the placement season are yet to be worked out, the prominent recruiters at IIM Calcutta this year were McKinsey & Co., BCG, AT Kearney, HSBC Bank and Deutsche Bank.
IIM Calcutta said in a release that the new recruiters this year were Barclays Capital, BNP Paribas, Dresdner Bank, UBS, IFC and SUN Group Private Equity.
A record number of 15 firms were present compared to six last
The economic slowdown notwithstanding, placement at the indian institute of management, bangalore, was something to cheer about. for the first time, a student of an exchange programme at iimb participated in the 2002 placement process and accepted an overseas lateral placement offer from dr reddy's laboratories. the student, from mcgill university, canada, was one of the 39 spending a year at iimb from among its 24 partner business schools in north america, europe and australia. the placement process, which concluded in the last week of february, saw some 90 companies showing a keen interest in recruiting graduating students. final placement
Information technology firms led the pack of recruiters at the placement programme for the Class of 2005 of the Tiruchi-based Bharathidasan Institute of Management (BIM), an exercise at the end of which the average salary of the MBA students was pegged at Rs.4.46 lakh per annum.
The IT companies were not only the largest group, by numbering 11 out of 40, but also made the most number of job offers. "The total number offers made by IT companies was a whopping 45," according to the placement report (2005) of BIM.
All the 112 students in the class of 2005 got
Rohin David - Times News Network
AHMEDABAD : There seems to be an invisible umbilical cord linking the Indian Institute of Management, Ahmedabad and World Trade Centre even after the two towers have collapsed. For starters, there were 32 of its alumni working in companies which had offices at the WTC. Now, the institutes prestigious summer placements may be affected with many US companies putting India on the restricted travel list.
Only six of the 10 foreign companies will be sending their officials down for summer placements this year, says student placement co-ordinator Kapil Dahiya. Many of them would like to
Bangalore: There were portents of the Sensex climbing to the historic 10,000 points mark in the Bangalore Stock Index (BSI) of 25 companies headquartered and with an active presence here.
The Alliance Business Academy which tracks the BSI, said January ended with an increase of 1,194 points from December 2005. It was an increase of eight per cent compared to January 2005. Over the last year, Bangalore-based stocks are up sharply by almost 59 per cent.
Of the 25 individual companies that make up the BSI, 21 stocks were up during January and only four stocks went down. The five
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