You are on page 1of 2

SomeoftheNewRecruitersatBSchools: AmericanExpress Amway HughesSoftware iVega MetlifeIndia Nexgenix QualityAssuranceIndia TetraPakIndia WiproePeripherals CSCIndia PatniComputers Suntec Torrent TataTelecom

rrent TataTelecom TCS TrinityCorporation NCRCorporation

2.UTIresurfacedattierAandBgradeschoolsafteragapoftwoyears.Post1999,UTIhas restricteditselftotierB&C,probablyindicationofchangingtimesatUTI. 3.AtXLRIJamshedpur,FMCG,banking/financialinstitutionsruledtheroost(55%ofthetotal offers);theNewEconomycompaniesITandConsultancywerenottoofarbehind,lappingup34% ofthestudents.ThehighestsalarywasofferedbyHSBCRs.12lakhsperannumwhiletheaverage salarywasoverRs.6lakhsperannum. 4.AtXLRIJamshedpur,thepreferredsectorforPersonnelManagement&IndustrialRelations (PMIR) candidates continued to be FMCG (29%) and IT (21%). The Business Management Development (BMD) surprisingly showed greater inclination towards IT (35%) while Banking/Financeattracted23%. 5.AtSPJIMR,thehighestoverseasofferwasofUSD100,000. 6.WhileConsultingsawamajordeclineinoveralloffers,growthinmarketingjobscompensated that. There seems to be worldwide slump in Consulting and Investment banking jobs due to recessioninmajoreconomiesaroundtheworld.Andforthefirsttime,thesocalledrecessionproof industry,"Consulting",sawanoveralldeclineinno.ofjoboffers. 7.Despitetheoverallslowdown,ITsectorgavemaximumoffersledbyTCS,HCLTech&Polaris. 8.InfosysreappearedatCSchoolsandgavefewoffers,afarcryfromitsearlier100+offersgiven inyear2000&before. 9.TherewasasharpdeclineinthenumberofoffersgivenbyInvestmentBanks,andFIs.But decline in investment banking jobs was compensated by growth in banking jobs. UTI Bank, Standard&Charteredbankweremajorrecruiters,whileICICIcuttheno.ofoffersdrastically. ICICIgave6offersatIIMBcomparedto30+offersgivenatthesamecampusinyear2001.

10.Forthefirsttime,BSchoolswerefacedwiththeproblemofplacingstudentsgiventhesoft situationofeconomy.WhilemajorityofBSchoolsshiedawayfromsharinginformationandtalked aboutconfidentialityagreements,otherinstituteslikeIMT,IIFT,IIMK,etc.,tookinitiative and sharedallinformationwithallthestakeholders. 11.TatagroupwasthelargestrecruiteratJBIMSwith13offers. 12.AtIIMLucknow,theaverageIndiansalarythistimewasRs.6.98lakhs.Around47%ofthe studentswentinformarketingwhile21%wentinforfinance.2.9%studentswentinforGeneral Managementand4.1%ofthestudentsoptedforjobsinOperationsManagement. 13.AtIIMKozikode,theconsolidatedINRAverageSalarystoodatRs.5.97Lakhsp.a.withthe highestoffermadeoncampusbeingRs.12Lakhsp.a.Theaveragesalarywasmarginallylower thantheaverageINRoflastyearwhichstoodatRs.6.14Lakhsp.a. 14.AtIIMKozikode,7studentsweremadePrePlacementOffersand18studentsgothigherentry offers(Lateraloffers).CompanieslikeRPGandWockhardthaveawardedthebestsummerintern awardstostudentsoftheClassof2002atIIMK.GECapitalawardedexcellenceawardsto2other studentsofthebatchof2002. 15.AtIIM,Indore,mostoftheoffersmadewereintheareasofMarketing,BusinessDevelopment andITConsultancy.39%ofthebatchchoseMarketingastheirareaofinterest,while22%ofthe studentsjoinedITcompanies.Financejobswerechosenby17%ofthebatchwhereasConsultancy and General Management accounted for 10%. Human Resources and others accounted for the remaining12%ofthejobsaccepted.Theeconomicslowdowndidnothaveamajorimpactwiththe averagesalaryat4.97lakhsp.a. 16.AtIIMBangalore,atotalof183offersweremadethisyear,foragraduatingbatchof166.20of thesewereforeignplacements.Ofthesixfirmsthatplacedstudentsabroad,thelargestrecruiters thisyearwereCapitalOne(6offers)andDeutscheBankGlobal(7offers).Theothermajorforeign recruitersincludedLehmanBrothers,FederalExpressandProcter&Gamble.Themedianannual compensationpackageforthebatchof2002hasbeenRs.7.38lakhs.

You might also like