The process involved the participation of over 60 companies and the total number of offers made was 1.6 times the total number of offers accepted. This year saw leading organizations like Lehman Brothers and J.P. Morgan Chase participating in the summer placement process.
The placements in the Banking and Financial Services saw 27 % of total projects. Leading the trend were the Investment Banking profiles offered by Lehman Brothers, J.P. Morgan Chase and ICICI Bank. The other firms that had offered projects in this sector included the likes of G.E. Commercial Finance, DSP Merrill Lynch, American Express, HSBC, Citibank, Standard Chartered and ICICI Prudential.
The Consulting sector was represented by majors like Ernst and Young, MindTree Consulting, SAP VE and SAP ISSG. Ernst and Young was a major recruiter in this sector and made 15 offers across a wide array of consulting profiles, informs NITIE.
The FMCG companies offered projects across the Sales and Marketing, Supply Chain Management and I.T. functions. The companies from this sector included Procter and Gamble, Hindustan Unilever, Nestle, Asian Paints, Cadburys, Britannia, Marico, Reckitt Benckiser, GlaxoSmithKline Consumer Healthcare, Colgate Palmolive, Johnson and Johnson, Castrol, Monsanto, Perfetti, Frito Lays, Titan, Raymond and Godrej. Major pharmaceuticals like Glenmark and Ranbaxy were also present. Procter and Gamble was a major recruiter in this sector and made 9 offers in all. In all 42 % of summer offers were from FMCG/ Pharma sector.
Speaking on the occasion, Prof. Ashok Pundir, Associate Dean (Placements) said, "The banking and financial services sector continued to attract students at an increasing rate. This sector, coupled with the FMCG sector that has always been NITIE's forte and the other sectors, have ensured that this year's summer placements gave the students a more diverse set of profiles and companies to choose from."
In the IT sector, IBM, Intel, Tata Consultancy Solutions, Cognizant Technology Solutions and Patni Computers. From the automobile/manufacturing sector, companies like Tata Motors, Essar, Ceat, Maruti Suzuki, Hindustan Motors, RPG and TVS Motors participated in the placements.
