KIIT School of Management (KSOM) Placement 2015: Beats all previous records; Average salary up

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Amit Agnihotri Founder of MBAUniverse.com

MBAUniverse.com News Desk |
March 9, 2015
KIIT School of Management (KSOM) Bhubaneshwar has issued its Interim Placement Report 2015 breaking all the previous placement records
"The major recruiters as of now have come from across various verticals" Prof. Jitendra Mohanty, Placement Chairperson, KSOM

Marching on the path of shortly closing the placement season 2015, KIIT School of Management (KSOM) Bhubaneshwar has issued its Interim Placement Report 2015 breaking all the previous placement records.

Leaving behind all the economic slowdown and looking forward to the bright future of MBA education KIIT School of Management has translated the unprecedented GDP growth in favour of MBA education imparted by KSOM. The placement season 2015 by all means is a reflection to this feat as it has so far registered a growth of 27% in Average salary.

Key Trends in placement 2015

KSOM has a consistent record of high placement with more than 95% of its batch well placed every year. The placement season 2015 was no exception to the feat. More than 70 recruiters from Fortune 500 companies visit the KSOM campus for placement every year. 

Rise in Number of recruiters

The most interesting trend seen in placement 2015 at KSOM is the upswing in the first time recruiters, a clear indication of the increased economic dynamics in the country.

The first time recruiters included Shyam Indus Power Solution, Karvy Finance, Aircel, United Arab Shipping Corporation, Bluestar, Magma Finance, Reliance General Insurance,Ujjivan Finance, GMTx, Meritnation, GREEdge.

According to Prof. Jitendra Mohanty, Placement Chairperson, KSOM “The major recruiters as of now have come from across various verticals. What has been encouraging for us is a number of startups with futuristic products have shown tremendous faith in KSOM, and recruited extensively from our campus.”

Placement packages up

Beating the slowdown in placement offers, the placement season 2015 at KSOM saw a rise 27% in Average salary from Rs.4 lakhs per annum in 2014 to Rs. 4.78 lakhs per annum showing a rising trend in the job market. Apart from this highlight, another achievement at KSOM placement 2015 is that highest salary has also gone up to Rs.13.5 Lakhs.The Oman-headquartered Khimji Ramdas LLC offered the highest amount of salary package

KSOM: USPs

With a teacher-student ratio of 1:10, KSOM is fast emerging as a preferred choice for general management recruitment in Odisha and neighbouring states. 60% of the faculty have PhD’s and 30% are from IIMs and XLRI’s, at KSOM.

KSOM has a distinct group of faculty members who have either been educated at or have taught at Universities like Massachusetts, Wisconsin, Durham, Portsmouth. A number of faculty members are IITians, CA, and CS, and come from a very real background with substantive corporate experience with a first-hand knowledge of how the industry work.

Placement 2015 at KSOM has seen an unexpected spurt in the number of offshore recruiters including United Arab Shipping Corporation, and Khimji Ramdas LLC. Major recruiters from within the country include Bajaj Finserv, Mahindra & Mahindra, Karvy Finance, KPMG, TCS, and Bluestar, Colgate-Palmolive, Reliance General Insurance.
 
KIIT School of Management (KSOM) is one of the leading B-Schools in Bhubaneshwar which accepts scores of the CAT 2014, XAT 2015, MAT 2014, CMAT 2015 (first test held in Sep 2014) apart from KIITEE-Management, its own national level entrance test score for MBA admission 2015.

KSOM Bhubaneswar is NAAC ‘A’ accredited and has been consistently ranked as one of the top institutes in India. It was rated the 24th best B-school across India, as per NHRDN – People Matters ranking, May 2013; C fore – HT ranks KSOM as 28th best in India among self-financing institutes.

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