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JBIMS

PPIs/PPOs pour in at JBIMS; BFSI takes lead

mbauniverse.com | 02 Nov, 2012 0315 hrs IST

At a time when industry is abuzz with talks of slowdown, JBIMS has already received 16 pre-placement interviews (PPIs) and eight pre-placement (PPOs) offers

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"In a batch size of 115 students, the current scenario shows that around 20 per cent students have received some kind of PPOs or PPIs. And this is just the beginning of the placement season."

Jamnalal Bajaj Institute of Management Studies (JBIMS) has reasons to cheer. At a time when the industry is abuzz with talks of slowdown that is likely to cast a spell on the ensuring placement season, JBIMS has so far received 16 pre-placement interviews (PPIs) and eight pre-placement (PPOs) offers from companies such as Hindustan Unilever, Mahindra & Mahindra, Citibank, and Standard Chartered Bank to name a few.

“In a batch size of 115 students, around 20 per cent of the batches have received some kind of PPOs or PPIs. And this is just the beginning of the placement season. These offers will keep coming till December before the final placement season formally begins in the campus,” Abhinav Dayal, placement committee member and a first year student, said.

He said offers from companies belonging to the banking and finance sectors are slightly on the higher side this year. Companies like HUL, Mahindra & Mahindra, Citibank and Standard Chartered Bank have offered both marketing and finance positions. On the other side, Jaipur Rugs, a handmade carpet making company, has offered the operations profile.

According to the earlier published reports, during the final placements in 2012, the institute had reported an average annual compensation of Rs 15.54 lakh, a 21 per cent rise compared with the previous year. The highest domestic salary offered was Rs 26 lakh. Last year also, close to 25 per cent of the batch got pre-placement offers.

“Last year, we received 49 PPOs and PPIs before the final placement season started in December. We are almost half-way there and are very optimistic about the job scenario this year as well. In fact, there has also been an increase in the average salary,” said Abhinav.

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