NMIMS, Mumbai Final placement 2015: closed with higher Average salary of Rs 16.51 Lakhs; gets 35 new recruiters

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on February 5, 2015
35 new recruiting companies participated in the final placement 2015 process with more offers and higher salaries at NMIMS School of Business Management
"As we close the placement season, we are thrilled about serving the industry with yet another batch of world class managers" Dr Debashis Sanyal, Vice Provost (Management Education) and Dean (SBM)

Reposing and reinstating their faith in NMIMS School of Business Management, apart from regulars 35 new recruiting companies participated in the final placement 2015 process with more offers and higher salaries. Closing the placement season 2015 at NMIMS-School of Business Management Dr Debashis Sanyal, Vice Provost (Management Education) and Dean (SBM) saidAs we close the placement season, we are thrilled about serving the industry with yet another batch of world class managers and at the same time excited to welcome the batch of 2017 with much enthusiasm”.

Placement season 2015 at NMIMS, one of the top rated B schools, was marked with grand success with higher placement packages and PPOs. Continuing the legacy and leveraging on a change in the business sentiment as well as an eclectic mix of students, NMIMS School of Business Management, Mumbai closed its final placement season in record time with 121 companies visiting the campus to recruit students of Flagship MBA, MBA HR, MBA Banking and MBA Capital Markets. While the loyal recruiters reinforced their confidence in the quality of students that NMIMS has to offer by increasing the number of offers made, the institute also saw 35 new and new-age companies across sectors offering diverse profiles at par with other premier B-Schools participating in the placement process

The unique feature in the process was the diversity of profiles offered to the students which gave them a good choice in terms of industry and the role

114 Girls in a batch of 447 participantsNMIMS School of Business Management has a consistent record of excellent placement. The participants in final placement 2015 from MBA programme at this highly ranked B school increased to 447 students, out of which 114 were the female participants.
 
Rise in Number of recruiters

Number of recruiters at NMIMS  placement 2015 rose to 121. Besides there were 35 new recruiters in placement 2015. There were 170 Pre placement offers and Pre placement Interviews offered by the recruiters to the MBA students of NMIMS.

Industry stalwarts like Goldman Sachs, J.P. Morgan, Nomura, ICICI Bank, ITC, Asian Paints, Dabur, Marico, Janssen, Pidilite, Wipro, Cummins, Tata Motors, Castrol, Vodafone, Idea, Microsoft, Bank of America, CRISIL, GE, Barclays, Cognizant, Capgemini, Eaton, Flipkart, Hindustan Coca-Cola Beverages, Kellogg’s, Titan, Yes Bank, HDFC Bank, PeopleStrong, JPMorgan Chase, HCL, Perfetti Van Melle, DCM Shriram, Deloitte, Henkel, Google, EY, Whirlpool, KPMG, M&M, Standard Chartered, ING Vysya, Snapdeal & Siemens were among the prominent names to offer PPO/PPI to the students of NMIMS.
 
Average  compensation up

Beating the slow down in placement offers, the placement season 2015 at  NMIMS School of Management saw a rise in average salary from to Rs.16.51 lakhs per annum showing a rising trend in the job market.  

BFSI: major recruiting sector

Banking, Financial services and Insurance (BFSI) emerged as the prominent recruiting sector in placement 2015 at NMIMS Mumbai.  BFSI has always been the forte of NMIMS and with the boost in economic growth, the sector saw the participation of International giants as well as domestic leaders with 38% of the batch bagging placements in this sector.

Goldman Sachs offered roles in Investment Banking, Treasury, Securities and Investment Management. J.P. Morgan, Nomura, RBS, Barclays, offered profiles in Investment Banking, Corporate Treasury, Business Operations and Credit Analysis.

Indian Banks like ICICI Bank, Yes Bank, Kotak Bank, Axis Bank, State Bank of India, HDFC Bank and RBL recruited students in large numbers offering profiles like Commercial Banking, Liabilities Product Management, Cards Management, Transaction Banking, Corporate Banking, Compliance, Wholesale Risk, Credit Risk, Relationship Management, Treasury & Human Resources

Conglomerates

Global conglomerate GE offered its coveted Leadership Programme in Marketing, Finance and IT whereas recruiter Larsen & Toubro offered various roles across domains like Strategy, Marketing, Finance and Human Resource Essar Group offered its Leadership Development role in its maiden visit. Reliance Industries returned after a hiatus for Human Resources role.

Consulting and Analytics

Cognizant Business Consulting, Bain (BCC), KPMG, PwC, Infosys Management Consulting and Michael Page offered roles in Strategy, Marketing, and Operations & IT Consulting. Deloitte and PeopleStrong returned to the campus after a gap whereas Cartesian Consulting took part for the first time with Strategy Consulting role. JLL also participated.

Data Analytics domain saw Fractal Analytics continuing its association with NMIMS whereas LatentView Analytics hired for the first time. Mu Sigma and Hansa Cequity were novel participants.  

eCommerce and Startups

While regular recruiters like Flipkart strengthened their association by offering their leadership roles. The buzzing eCommerce sector also saw new relationships being forged with Amazon, Snapdeal, Uber, Housing.com, AppsDaily, Coupondunia, Aasaan Jobs, AskMeBazaar that offered profiles like Category Management, Strategy, Leadership, Business Development, Sales, Operations, Business Analytics, General Management and Human Resources

FMCG/CD

NMIMS is a regular host to the leading FMCG/CD companies of the country. This year saw Sales and Marketing, Operations, Human Resource roles being offered by multitude of companies like ITC, Dabur, Marico, Asian Paints, Hindustan Coca-Cola Beverages, Kellogg’s, Castrol, Henkel, Pidilite Whirlpool, Godrej & Boyce, Titan, D’décor Exports, Videocon and United Breweries (after a break). 3M, MTR Foods & Enhance Oman (for its much aspired International Sales profile) recruited for the first time.

IT/ITeS

NMIMS once again proved its prowess in the technology domain with companies such as Microsoft, SAP, Cisco Systems, Google, Wipro, HCL, Capgemini, Accenture, MindTree, IBM, Infosys BPO, Sutherland, eClerx and Nucleus Software recruiting students in unprecedented numbers for profiles like Pre-sales, Sales, Financial Consulting, Retail Consulting, Healthcare Consulting, International Business Sales and Account Optimizer. Wipro offered its much sought after Leadership Development Profile along with Corporate Finance and Pre-sales profiles. Inaugural offers were made by companies like Syntel IT, Infovity, Suvidhaa Infoserve and QuEST for Cluster Head, Sales, Marketing and Human Resources. Facebook also registered its presence at the campus.

Manufacturing and Automobile

Cummins, Eaton, Tata Motors, Hero MotoCorp, Skoda, DCM Shriram & Hilti (for the first time) extended their engagements with the institute by offering various profiles in Marketing, Finance, Human Resource and Operations.

Pharmaceuticals

Pharma sector was represented by allegiant recruiters like Janssen and Cipla whereas Glenmark Pharma refreshed its association with the institute and Zimmer made offers for the first time. Swiss multinational Novartis and Danish giant Novo Nordisk also made their debut visits. The profiles offered were Leadership Development, Human Resource and Marketing.

Telecom and Media

Vodafone and Idea Cellular made a good number of offers and the sector also saw participation from mass media Company HT Media while media house Reliance Broadcast Network Limited participated and made offers for the first time. The profiles offered were in Sales, Marketing, Human Resource and Account Management.

Narsee Monjee Institute of Management Studies(NMIMS) is one of the highly ranked management institute in India. It has a legacy of 33 years and has acquired the shape of a multi-disciplinary University in Mumbai. The courses are conducted across 4 campuses at Mumbai, Shirpur, Bangalore and Hyderabad. There are 350 full time faculty members who impart education to more than 12K students of NMIMS.

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