Though most of the IIMs are yet to announce their final placement reports, some of the top institutes like schools like XLRI, SPJIMR & XIMB, IIFT, MICA have completed 100 % placement for their 2011-13 batch.
This article by MBAUniverse.com shares with you the initial trends based on the analysis of final placements 2013 reports from the above mentioned Top B schools.
Key Finding:
More number of recruiters at B school in 2013 than the last year
In comparison to last year the number of companies visiting the campus has increased. While XLRI witnessed a total number of 77 companies as compared to 73 last year, SPJIMR saw 97 companies, 16 more than last year’s placements. XIMB saw an increase of 9 companies this year than that of 61 in 2012, and MICA saw a total of 80 companies this year in comparison to 75 last year. Also, a total of 146 companies visited IIM Kozhikode, 11 more than last year.
74 companies visited IIFT for recruitment this year while TAPMI campus saw 67 companies visiting for final placements.
Number of offers declining; Recruiters are cautious and making selective choices
Even though the total numbers of companies have increased this year for placements at B-schools, yet the total number of offers made by the companies has witnessed a decline than last year.
While passing out batch of XLRI received 260 offers, 24 less than last year, SPJIMR too saw a decline in number of offers made this year with a total of 206 offers. Last year it was 257 in total at SPJIMR. Students at IIFT received 204 offers.
However, TAPMI on the other hand received more offers than last years. Students at TAPMI received 215 offers as compared to 179 in 2012.
Average salary up; Indicating economic revival and better post-MBA job scenarios
Amidst continuing economic slowdown worldwide and low industry sentiments, the average salary at Top B schools has gone up indicating that the post-MBA job scenario is getting better.
While SPJIMR reported an average salary of Rs 16.13 lakh, which is higher than Rs. 15.46 lakh of last year, students at IIFT received an average salary of Rs. 12.40 lakh as compared to Rs.12.1 lakh last year. Students at XIMB had received Rs.11.42 lakh as average salary last year while this year it has increased to Rs.11.81 lakh. TAPMI also registered an increase in average salary of its students this year with Rs. 8.65 lakh in comparison to Rs.8.01 lakh last year. Average annual package at MICA increased by 8% in 2013 placements and stood at Rs. 9.2 lakh in comparison to Rs. 8.5 lakh last year.
Besides salary structure, let’s have a glance at the key highlights of the Final Placements of the above Top B schools in 2012 & 2013
XIMB
2012
- Total of 16 new recruiters visited the campus
- 46 students received PPOs/PPIs
- Industry wise break up: Finance - 26%, IT- 25%, Consulting- 17%
- Sector wise offers: Marketing – 23%, Systems – 22%, Finance – 22%
2013
- 23% of students have been extended PPO/PPI
- 26 were new recruiters.
- The Consulting area showed a substantial increase to 23% in terms of number of students foraying in this field.
- Sector Wise offers: Marketing – 22%, Systems- 23%
XLRI
2012
- Finance: Goldman Sachs, which was the largest recruiter, made 12 offers
- Marketing: Airtel was among the largest recruiters with a total of 12 offers on campus.
- Number of PPOs accepted - 62
2013
- 65 students got PPOs (Pre-Placement Offers)
- FMCGs firms hired in big numbers.
- XLRI stamped its’ name in consulting as BCG hired 5 candidates (out of 120 BM students).
SPJIMR
2012
- Total number of Pre-placement offers awarded was 54.
- Sectors with highest offers: FMCG- 42, BFSI – 37, Information Technology-22.
2013
- Total Number of Pre Placement Offers (PPO/PPI) is 80
- No. of offers per student 1.17
- Marketing & operation- 27%, Finance- 16%, Consulting/ IT Consulting- 22%
TAPMI:
2012
- IT and ITES sector emerged favorite among the students with 44 per cent of the total batch going for the sector, BFSI stood second as it attracted 23 per cent of students.
- Total Pre - placement offers- 7.
2013
- Function wise distribution of students: Marketing/Sales -97, IT/Systems/Consulting – 56, Finance- 38
- 37 new companies also visited the campus this year.
IIFT
2012
- 15 International Placements
- The domain wise breakup of students: Marketing – 52, Finance- 39, Trading 31.
- 33 first time recruiters visited the campus
- 15 students received international offers
- Nokia visited the campus for the first time.
2013
- 46 students bagged pre‐placement offers through their summer internships
- 34 new recruiters visited the campus this year
- Sector wise distribution of students: Technology- 17%, BFSI- 16%, Trade & logistics- 115
- Function wise distribution of students : Sales & Marketing – 31%, IT- 18%, Finance- 18%
- Goldman Sachs was the largest recruiter in the finance sector with 8 offers
- Median salary witnessed an increase of 9 per cent over last placement season.
MICA
2012
- 75 companies visited MICA for the 2011-12 placement season
- Approximately 2.05 offers were made per company
- MICA also actively facilitated speciality recruitments with government services.
2013
- Average annual package up by 8 %
- 19 students received pre-placement offers
- The largest intake was from Consulting, Media and Advertising companies
- Leading educational institute chose to recruit from MICA for its marketing function.
IIM Kozhikode
2012
- Total of 135 companies participated in the placement process to recruit the batch of 317 students.
- 51 PPOs offered to students across verticals.
- Of the total 135 companies, around 47 per cent were new recruiters.
- Amazon, Zynga, Maruti Suzuki, Flipkart, Texas Instruments, Dell, Reserve Bank of India and UB Group were new recruiters
- Sector Wise distribution: BFSI & IB : 36%; FMCG & Pharma : 25%; Consulting & IT: 18%; Manufacturing & Conglomerate: 16%; Other: 5%
2013
- Number of international offers this year stood at 22
- A significant number of students would also be joining companies, such as EduRaft, Vista Mind, Sugee Group, V2 Solutions & CampHire, started or being run by IIM K alumni
- 38 students received pre-placement offers & 36% of new recruiters
- Average salary of PSUs was Rs. 11. 64 lakhs
- Sales & marketing : 40%, Finance: 18%, Consulting: 15%, IT/ITES: 13%:
Stay tuned to MBAUniverse.com for more and analysis on final placements report 2013 from top B-schools.
