Loyola Institute of Business Administration (LIBA), Chennai, has announced the successful closure of final placements for 110 students of its 2009-11 batch.
LIBA, which kick started the placement season in the first week of December 2010, had 10 pre-placement offers in its bag even before the final placement began at the campus.
Marketing as a function topped with 45% of the students being placed in it. Finance profiles accounted for 39% and Human Resource 16%. BFSI as an industry dominated with 39% of the total students being placed therein.
The average salary package of Rs. 8.33 lacs p.a. is higher by about 12% from last year.
Speaking on placements, Fr. Christie, Director, LIBA said, "In the recent years, both the number of firms and the quality of profiles have been continuously improving. This year we witnessed high-profile job placements in financial sector such as Investment Banking and Treasury Banking. These job profiles require not only MBA grads but market-ready change agents who are capable of creating new knowledge for tomorrow's business needs."
He added, "More marketing job offers were made than sales, this year. LIBA saw many new firms participating from sectors like pharmaceutical and online venture companies. We were delighted to have more number of repeat recruiters which only shows that LIBA students have continued to deliver the best performance at workplace."
With the recent introduction of Social Media Marketing as an elective for its esteemed 2 year full time MBA programme LIBA not only became the first college in India and third in the world to offer so but also bagged placement this season in that space.
The batch also saw 3 students opting out of placements to start their own firm, treading on the path of entrepreneurship. Major companies that visited the campus included ICICI, Infosys, Cognizant Technology Solutions, Deloitte. Yes Bank, KU Learn and Ramco System were the first time recruiters.
Stay tuned to MBAUniverse.com for more news from LIBA Chennai.
