The highest international salary offered was a high Rs 26 lakhs pa. The average salary offered to PGDM (HR) candidates was Rs 6.89 lakhs pa.
Earlier, the Batch of 2008 returned from their summer placements with a record number of PPOs (Pre-Placement Offers). Some of the prominent domestic companies who offered PPOs were: Asian Paints, Dr. Reddy's Laboratories, DSCL, Firstsource, Genpact, RPG Group, Tata Motors, Vedanta.
In the final placements, Jumbo Electronics from Dubai and MB Holding Company LLC from Oman participated in the final placement process. Jumbo Electronics recruited three students for their UAE operations at an INR equivalent package of 26 lakhs p.a. The profiles offered were across specializations and for their retail and distribution operations.
Taking into consideration the fact that close to 20 percent of the students were eligible for lateral level placements, the second leg of the placements began with the lateral placement week. The laterals week took off with profiles that ranged from Project Finance, Risk Management, Corporate & Institutional Sales, Realty Consulting, SAP implementation, Business Transition & Solutions Design. The average package for the lateral candidates stood at INR 11l. p.a. and the largest recruiter was SBI Life picking 5 students across various verticals inducting them directly to middle management.
IMI shares that for the Marketing profile, this year too, ITC remained the top paymaster, recruiting 3 students for its prestigious AUT programme, doling out the highest package on campus, INR 12.1 l.p.a. Among the other FMCG companies, Hindustan Unilever Limited (HUL) recruited 7 students for its sales & distribution profile.
Another sector that made its presence felt on campus was the Telecom sector. The telecom biggies including Vodafone, Idea Cellular and Tata Teleservice recruited students. Representing the automotive sector, Tata Motors and Maruti continued their association with IMI by recruiting students. C. B. Richard Ellis and DTZ comprised of the real estate consulting firms who visited campus. Remarkably, Adidas selected IMI as one of its campuses while launching its first MT programme, profiles offered were in retail, operations and brand. Amongst the other sectors that visited the campus were JSW steel (Steel), Vedanta (Minerals) and Quantum Market Research.
It was a great season for the finance students as well. Among the prominent recruiters were Lehman Brothers, AT Kearney, Adventity, UBS, Power Finance Corporation. The campus also saw participation from ICRA, Axis Risk Consulting, Deloitte & Touche, C. B. Richard Ellis in Real estate consulting, and Darashaw for investment services.
The Banking and Financial services sector was well represented with a slew of domestic as well as MNC banks like Barclays, Citibank, ICICI Bank, HDFC bank. Amongst the other prominent firms from the BFSI sector were Tata Capital, representing financial services and SBI Life representing the Insurance sector. The sector this season saw Barclays Bank emerging as the highest paying recruiter, recruiting 5 students at a package of INR 9 l.p.a.
The students focused on building a career in systems had a lot to cheer about. Infosys and Infosys BPO offered roles across domains as consultants and business analysts. They also saw diverse systems profiles coming to campus, such as the profile that was offered by Bank of America Continuum Solutions, providing high-end transactions processing. Operations profiles in ITES were offered by Genpact and Firstsource.
Talking about the first batch of PGDM(HR), they too had a good start to their placement season with a total of 9 PPOs/PPIs (including international) being offered to the students. The average salary was INR 6.89 l.p.a. and the highest salary offered was INR 9.75 l.p.a. The batch was placed across sectors, such as IT, ITES, Insurance, Manufacturing, Telecom, Travel & Tourism, Business Research etc. The major recruiters included Aricent, Genpact, Firstsource, M.B. Holdings LLC, RPG Group, SBI Life and Tata Teleservices. Profiles offered ranged from Employee Engagement, Talent Acquisition, Training & Development, Compensation & Benefits, Consulting, Qualitative Research and Generalist HR. Sector-wise, 12 % of the batch was recruited by Insurance sector; 22% of the batch accepted offers from ITES and Manufacturing. KPO recruited 7% of the batch and 6% of the batch was recruited each by Research, Telecom and IT while 3 % got recruited by others.
