XIMB Placements 2011: Marketing And IT Top Choice, Avg Salary Rs. 10.76 Lakh, 86 Companies Take Part
Xavier Institute of Management, Bhubaneswar, popularly called XIMB, recently concluded its final placements. The B-school has recorded 100% placement for the students of Post Graduate Diploma in Management (PGDM). Several first time recruiters, in addition to the regular recruiters, participated in the placement process.
The PGDM batch of 2009-11, comprising of 180 students, saw an average salary of Rs.10.76 lakhs per annum. The average salary is noteworthy because the batch size had increased by 50% as compared to the previous batch. The highest domestic salary was Rs. 15 lakhs per annum, offered by a renowned FMCG giant. The median salary stood at Rs.10.3 lakhs per annum.
Over 18% students of the PGDM course had received Pre-Placement calls from their summer internship organizations. This strong momentum continued during the Placement week with the participation of a total of 86 companies in the placement process. Over 70 companies made final offers. Of these, about 30% were first time recruiters.
The regular recruiters were: OLAM International, AATCO, Cognizant, Godrej Properties, HCCBPL, Deloitte, United Spirits Ltd, HP, Tata Corp HR, Godrej & Boyce, TCS, Wipro, Axis Bank, SBI Caps, ICRA, CRISIL, JP Morgan Chase, Tata Steel, SBI and others.
Many first time recruiters also visited the college after a gap of a couple of years: Procter & Gamble, GE, Adani Group, PricewaterhouseCoopers (PwC), Avalon Consulting, Renault Nissan India, ICICI Bank, HDFC Bank, Citibank, Capgemini, Mindtree, Bajaj Auto, Glenmark Generics, Glenmark Pharmaceuticals, Panasonic, Akzonobel, Novartis, Metro Cash & Carry, HCL Technologies, Polaris, Tally Solutions, Ramco Systems to name a few.
The students were offered diverse profiles in functional domains like Marketing, Sales & Distribution, Brand Management, Marketing Analytics, Credit Rating, Corporate Banking, HR Consulting, Supply Chain Management, Production Management etc.
Several international placements with prestigious global companies were also offered to the MBA students. These companies were: Kadence International and AATCO. The highest international package offered was USD 32,650 per annum.
Consulting offers continued to grow, taking up 14% of the batch. The major recruiters offering consulting profiles were Cognizant, Deloitte, PricewaterhouseCoopers, Capgemini amongst the many.
The IT Sector recruited 24% of the batch and featured industry leaders from the entire IT spectrum like Cognizant, TCS, Wipro, HCL Technologies, Hewlett Packard, Mindtree, Polaris and Ramco Systems who offered lucrative roles to the students.
The finance sector also had a strong presence with recruiters like JPMorgan Chase, Citibank, Fidelity, SBI Caps, SBI, Religare, CRISIL, ICRA, ICICI Bank, L&T, HDFC Bank and many others recruiting over 19% of the batch. The profiles offered covered roles like Credit Rating, Corporate Finance, Equity Research, Risk Management, Corporate Banking and Commercial Banking.
From the Marketing domain, there were big names like Procter & Gamble, Reckitt Benckiser, Hindustan Coca Cola Beverages Pvt. Limited (HCCBPL), Kadence International, Cavinkare, Akzonobel, Wipro Consumer Care & Lighting (WCCL), United Spirits Ltd, Godrej & Boyce, Glenmark Pharmaceuticals, Tata Motors, Panasonic, Idea, IMRB, Tata Steel. These companies recruited about 25% of the batch. The Finance sector also contributed to the marketing sector with companies like Religare offering students marketing profiles.
HR had regular recruiters like Tata Corp HR and Dell along with recruiters like Renault Nissan India, Godrej & Boyce, Glenmark, Novartis, L&T and Religare offering HR profiles. PwC and Deloitte offered HR Consulting roles.
The Operations stream saw the likes of Adani Group, Renault Nissan India, Mahindra & Mahindra, Godrej & Boyce, and Tata Steel offering diverse and attractive profiles to the students in the fields Supply Chain Management, Procurement and Production Management.
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