The batch of 2010 witnessed a brilliant placement season riding on the waves of economic recovery. When the winds of down turn rocked the economy last year, the institute achieved 100% placements…this year was no surprise. A fabulous Summer Placement for the Batch of 2011 had further raised hopes. And Jamnalal Bajaj Institute of Management Studies (JBIMS) fortified this belief of its hopefuls with another successful season.

The first signs of a good season were seen in the large number of Pre-Placement Offers (PPOs) received by 20% of students even before the commencement of the placement season. The companies this year, showed immense faith in the talent pool by offering diverse profiles. This enabled students to choose jobs based on their preference along with other factors such as compensation, job location etc.

Sectors like BFSI, FMCG, Investment Banking, Consulting, Pharma, Telecom, Real Estate and IT recruited in large numbers. About 38% of the students got placed in the BFSI sector alone. Investment Banks and Consulting companies made a big comeback this season, much to the delight of the students. Information Technology companies, came this year with larger numbers and sought after profiles like business consulting.  Students could opt for various strategic roles with companies offering profiles in manufacturing and other core sectors.  

Regular recruiters such as McKinsey, Deloitte, Citibank, Standard Chartered Bank, JP Morgan Chase, ICICI Bank, Axis Bank, Hindustan Unilever, Procter & Gamble, ITC, Britannia, Dabur, Johnson & Johnson, Pfizer and many others strengthened the existing relationship. Companies such as Procter & Gamble, Bloomberg, Jumbo Electronics and Triton offered international profiles. There was a surge in the number of new recruiters with 21 companies participating in the placement process for the first time this year. Some of these companies were Bloomberg, Barclays Wealth, UB Group, Novartis, Janssen-Cilag, DHFL and IFMR.

A total of 110 companies participated in the placement process and offered multiple offers to the batch of 119 students. The average salary this year stood at 12.83 lakhs, which is 20% higher than last year while the highest package touched 26 lakhs.

Reflecting on their experience this year, Udayant Khemani, a Placement Committee member shares, “Unlike the previous placement season, this season saw many companies open up to recruit students in large numbers. Companies belonging to diverse sectors offered a variety of profiles to our students. Thus, the students got a vast range of choices to pick from.”

The breakup of the profiles opted by the students is as below: 

Various companies that participated in the placement process are as follows:

BANKING, FINANCIAL SERVICES & INSURANCE: BFSI sector was the largest recruiter on the campus with 38% of the students getting recruited in the sector. Regular recruiters like Citibank, Standard Chartered Bank, ICICI Bank, Axis Bank, Yes Bank and HDFC participated and picked up students in large numbers. The other companies included Barclays Wealth, Kotak Group, CRISIL, ICRA, BRICS Securities, Tata Capital, DHFL, IFCL, IFMR, Bank of Baroda, Bank of India, NCDEX, etc. 

 FMCG & PHARMA: Students were offered several sought after profiles by the likes of Hindustan Unilever, Procter & Gamble, ITC, Britannia, UB Group, Dabur and Triton. The Pharma companies that recruited students include Pfizer, Ranbaxy, Novartis, Strides Arcolab, Johnson & Johnson etc.

MANUFACTURING, REAL ESTATE & RETAIL: Companies in these sectors offered strategic roles to the students who specialized in Finance as well as Marketing. Manufacturing Sector saw presence of Cummins, Bajaj Auto, Shree Renuka Sugars, HPCL, Lexi etc. Maersk offered roles in Logistics and Distribution while Real Estate had Lodha group and Orbit Corporation representing the sector at JBIMS this placement season.  Jumbo electronics and Reliance brands were among some of the recruiters who offered profiles in the retail sector.

INVESTMENT BANKING: With the revival of the economy, the offers with Investment Banking profiles saw a surge with companies like Nomura, JP Morgan Chase, SBI Capita, MSCI Barra and IDBI Capital amongst others, picking up students. CONSULTING: Consulting Companies that participated in this year’s Placement Season included McKinsey, Deloitte, Cognizant, Avalon Consulting and Aira Consulting.  

IT, TELECOM & MEDIA: IT companies like Infosys, Tata Consultancy Services, Wipro, KPIT Cummins, HCL Tech, Syntel and Microland offered varied profiles to the students. Various Telecom companies that were a part of this placement season include Vodafone, Virgin Mobile and Idea Cellular. Bloomberg offered international profiles in the Media sector. 

 CONGLOMORATES: Various Business groups such as GE, Essar Group, Mahindra & Mahindra, JSW Group, Larsen & Toubro etc. offered strategy profiles to the students in Finance, Marketing and General Management.

Placements at a glance:

 At the end of yet another successful placement season, Dr. Stephen D’Silva, Director of JBIMS had this to say, “JBIMS has once again proved its worth and the kind of companies and profiles on offer are a testimony to the quality of education at our institute. The highly competitive nature of the selection process ensures that the companies recruiting get to pick the best of the talent in the country. Even the students have shown increased awareness and maturity by giving high importance to factors such as job profiles and career growth opportunities apart from compensation while opting for the jobs of their choice. Thus, once again we have been successful in fulfilling the aspiration of the students as well as the needs of the corporate world.”