Placements 2007 at GIM started in the early hours of 15 December and ended late in the evening next day. A total of 193 offers were made to 116 students. According to Goa Institute of Management, there is 40% increase in offers made in 2007 as compared to 2006. A total of 78 companies showed interests in recruiting students from GIM and 47 were slotted for the final placement process of these only 30 odd companies could recruit GIM students. The IT sector was the largest recruiter with IBM, Infosys, Technologies and Cognizant technologies Solutions offering 11, 25 and 24 position respectively.
The recruiters were from different sectors such as IT& ITEs, Telecom, Banking and Financial Services, Media, Auto and Manufacturing, FMCG & Durables, Management Consulting, Infrastructure, Analytics, Retail. The new recruiters are Accenture, Deloitte, Idea Cellular, HP, HSBC Bank, Hutch, Madura Garments and Tata Motors.
According to GIM news release, the comparative data reveals following patterns: highest salary increased by 12.50% i.e. 9lakh per annum from 8 lakh per annum, while the median salary increased by Rs.6.5 per annum from 5.2 lakh per annum. The average salary increased by 6.41 lakh per annum from 5.24 lakh per annum.
GIM placement officials add that it’s the quality of placements and not just the numbers that are the real differentiator. GIM says that students rejected very high packages in preference of the profile constituted their dream jobs. Some of the interesting new profiles offered this year were Credit Risk Management, Bond and Derivative Modeling, Web Marketing, and Supply chain Management Consulting, apart from unusual Sales/Marketing, Relationship Management and Equity Research profiles. Kotak Securities International offered a foreign placement with an opening in their Dubai operations.
Goa Institute of Management (GIM) was founded in 1993, by the initiative of Fr. Ronould D Souza and several industrialists. It is recognized by Goa University as Research Institute for Ph.d programme in management. It has also linkages with other business institutes in India like XLRI Jamshedpur and XIM Bhubaneshwar under a society known as the Xavier Association of Management Institute.
