Mumbai based Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) has completed its final Placements 2010.

There has been a 40% increase over 2009, with a total of 84 firms participating in the placement process at Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai in 2010. The average number of offers per student stood at 1.47. The highest domestic salary went upto Rs. 12.25 lakh pa, while the average stood at Rs. 8.43 lakh pa., which represents a 20% increase over the previous year. The median salary centered around Rs. 7.65 lakh pa.

The placement process at SIMSREE saw the participation of various Indian and global companies from diversified sectors of Banking, Finance, Consultancy, Manufacturing, IT, FMCG, Media & Entertainment, Pharmacy, Chemical and Insurance. The pass-out graduates were offered jobs of varied profiles by Public Sector Units (PSUs) and some of India’s largest conglomerates. Of these, 38% recruiters visited SIMSREE for the first time.

"Achieving multiple offers & 100% placements even when economy is recovering and tapping recruiters across the sectors while most companies were being circumspect in hiring decisions, is an ample testimony of the fact that SIMSREE stands for excellence in business education and the kind of faith recruiters have in Sydenham brand & student quality", said Dr. Rajan Welukar, Director, SIMSREE and Chairman, Placement Committee, SIMSREE.

Simsree also established new relations with YES Bank, Religare Macquarie, RBS, Centre for Monitoring Indian Economy (CMIE), State Bank of Hyderabad, Central Bank of India, Idea Cellular, Infinity Retail, Mid-Day Group, Bosch Group, Godrej Infotech, Novartis, GVK, Bio, Times Group and many others who were the first time participants at SIMSREE placements.

Around 45% of the students at SIMSREE joined the financial sector. Even Sales & Marketing (Non- BFSI) offered 34% positions. Operations accounted for 12%, whereas Consulting and HR made up for 9% of the total roles being offered.

Let us look at the Sectoral Trends.

Banking & Finance:

It was the Banking sector that ruled the Placements Season 2010 at SIMSREE with more than 45% of offers being made by the finance sector. The graduates were given distinct roles ranging from Private Banking to Corporate Finance and Equity Research to Corporate Banking and Treasury. The recruiters belonged to MNCs, Indian Banks, Investment Banking firms, Credit Rating Agencies, Derivatives and Fixed Income Securities Broking firms and Asset Management Companies.

Citibank, Bank of America (BACS), Royal Bank of Scotland (RBS), ICICI Bank, YES Bank, Kotak Mahindra Bank, IDBI Bank, Central Bank of India, State Bank of Hyderabad and Bank of Baroda participated in the recruitment process. Several top financial providers included JP Morgan Chase, Religare Enterprises, HDFC Ltd., CRISIL, ICICI Prudential AMC and

Tresvista Financials Services. The students were offered hefty profiles by other firms like ICICI Securities, ICRA Online, Centrum Finance, Darashaw & Co., HDFC Securities, First Global Finance and CMIE.

Marketing and Sales:

Godrej & Boyce, Novartis, Infinity Retail (TATA Croma), Idea Cellular, Bharti Airtel, Jindal Steel & Power, BSH (Bosch und Siemens Hausgerate) Home Appliances made offers in diverse profiles that ranged from Market Research to branding and modern trade management to Retail as well as Sales and Business Development. The students were offered positions in Sales and Supply Chain Management (SCM) by Pepsi Co (Frito Lay Division) and Reckitt Benckiser. The recruitment for research analyst and client service roles was made by Nielsen Bases, IMRB, Synovate and TAM Media Research. The Future Group Arm, Alia Group and market consulting firm Direxions made offers in branding and marketing strategy. Terracon India offered a role in Business Development.

 General Management:

The roles in the area of General Management were offered by companies like Vedanta Resources PLC, SKF Group, Thomas Cook, Reliance Infrastructure, Dicitex Décor and Galaxy Surfactants. Good position in corporate strategy and planning with designation as Executive Assistant (EA) to CEO was offered by Mid-Day Group. Job offers in corporate advisory and finance were made by Geetanjali Group. Various operations, logistics and SCM solutions firms that consisted of TNT Logistics, Gati and Ugam Solutions also took part in the recruitment process.

 Consulting:

A number of Consulting roles across sectors like IT, Infrastructure Advisory, SCM and Management Consulting, were offered to the students at SIMSREE. Infosys Technologies, Dun and Bradstreet, Global e procure, Technopak Advisors, ABPS Infrastructure, Astute Consulting and Alchemist Ark, were some of the participants in the Placements Season.

IT/ITES:

Tata Consultancy Services (TCS), Infosys, Wipro, HCL, Patni Computer Services, Godrej Infotech, Helix Technologies, KPIT Cummins and L&T Infotech participated in lateral recruitment process. Profiles of Business Analyst, IT Consulting, IT Sales, Business Development, Project Management, Operations (Process & Quality) and Corporate HR were offered to the graduates. TCS E-Serve and Wipro BPO recruited students in process specialist/project management and talent transformation roles.

Others:

BASF, Huntsman International, Galaxy Surfactants, GVK Bio and Novartis came up as the major recruiters from Chemical/Bio/Pharma Industries. The Media & Entertainment sector saw participation from Zee Entertainment, NDTV Media, Balaji Telefilms, Times Group, Mid-Day Group, Madison Media and Network 18. The students were also across various sectors by PSUs like Coal India Ltd., Bank of Baroda, IDBI Bank, Central Bank of India and State Bank of Hyderabad.

Stay tuned to MBAUniverse.com for more placement news!