|Final Placements '13|
“Vitality shows not only in persistence but also in the ability to foster new relationships.”
The quote aptly sums up the executive placement season at JBIMS. The college ventured into newer pastures and forged new alliances while harnessing long standing relations to round off another successful placement season. The faith entrusted by regular recruiters along with the new associations has helped the institute wade the tough recessionary waters to post an overall median of 14 lakhs and an overall average salary of 15.32 lakhs this year. The highest salary too crossed Rs 26 lakhs cutting across different sectors and geographical locations. More than 96% of the batch was placed during the placement week itself while the remaining students were on a lookout for more suitable and desirable profiles than those at hand.
The Class of 2013 comprised students from diverse backgrounds and varied work experiences helping us attract many first-time recruiters on campus. Participating companies came from diverse geographies, both national and international, with offers for a multitude of coveted responsibilities.
NEW AND RENEWED ASSOCIATIONS
The executive placement season at JBIMS this year witnessed a first-time association with a host of companies from different sectors. Fostering new ties in the industry is something that we have always looked forward to and JBIMS is proud of the fact that the placement season saw as many as ‘36’ new recruiters this year. The continuing faith shown in our students by the industry is exemplified by the confidence portrayed by these recruiters even during times of a slowdown. Companies seldom forge new relationships in times of turbulence, however, the plethora of companies that not only renewed relations but also established new ties in this season includes coveted organisations such as Amazon, Bosch, Cipla, Franklin Templeton, General Mills, Huhtamaki PPL Pack, Jindal Steel & Power, L’Oreal, Lodha Group, Magma FinCorp, Morgan Stanley, Microsoft, Motilal Oswal, Panasonic, Petrofac, Ratnakar Bank, Schlumberger, Tata Steel and Zycus. This was a tremendous opportunity for the students to kick-start their career, something that they grabbed with both hands. The varied and challenging profiles offered, coupled with the desired pay packages made these companies a much preferred choice amongst the students across multiple disciplines and domains. The recruiters were delighted with the remarkable domain knowledge and exceptional communication skills displayed by the aspirants during the placement process and look forward to forging a long term association with the institute.
Aditi Agarwal, a member of the Placement Committee says, “The quality of students who have gone through the rigours of the MMS course showed up during the placement process. The focus on getting new companies and niche sectors on campus worked well for the students as they benefitted from the plethora of attractive job-profiles on offer. JBIMS also reinforced bonds with the regular recruiters who have shown immense faith in the potential of the students year after year.”
PRE- PLACEMENT OFFERS
Yet again the students of JBIMS have proved their ability to excel, by receiving a staggering number of Pre- Placement offers. Some of the companies that offered Pre- Placement Offers and Interviews were Abbott, Accenture Management Consulting, Castrol, Citibank, Colgate-Palmolive, Flipkart, General Electric, GSK Consumer, Hindustan Unilever, JP Morgan, Janssen Pharmaceuticals, Jones Lang LaSalle, Kotak Mahindra Bank, Mahindra & Mahindra, Nomura, Procter & Gamble, Reliance Industries, Standard Chartered Bank and Vodafone. The highest salary offered through PPO’s was 24.22 lakhs.
This placement season also had a number of interesting international profiles offered giving the students at JBIMS an opportunity to build global careers. Jumbo Electronics, Petrofac, SADIG Group and a few leading FMCGs and Banks were some of the companies offering international placements.
SECTOR WISE PLACEMENTS
Median Salary Offered in Various Sectors (in INR):
BFSI & IB
The students of JBIMS continued to prove their mettle bagging excellent profiles with leading Banks and Financial Institutions such as Franklin Templeton, Standard Chartered Bank, Citibank, HSBC, JP Morgan, Nomura, Yes Bank, ICICI Bank, Ratnakar Bank, Tata Capital, Indiabulls and Fidelity reaffirming the faith the industry has always rested in JBIMS as a premier finance destination. Roles offered included Investment banking, Wholesale and Corporate Banking, Commercial Banking, Retail and Consumer Banking, Corporate Strategy Profile and Debt Capital Markets, Structured Finance, Project Finance, Treasury and Risk Management, Credit Research, Commercial Credit, Credit Analysis, Institutional Finance, Mortgage Services, Global Banking and Global Markets. The season saw a number of financial institutions like Morgan Stanley, Motilal Oswal, Avista Advisory, SBI Capital Markets offering front-end investment banking roles.
FMCG & PHARMA
Putting up a stellar show once again, JBIMS witnessed substantial participation from the best of the best names in the FMCG sector with recruiters such as Hindustan Unilever, Procter & Gamble, Colgate-Palmolive, L’Oreal, PepsiCo, Hindustan Coca-Cola Beverages, General Mills, Cipla, Ranbaxy, Glenmark Pharma, Abbott Pharma, Janssen Pharmaceuticals visiting campus and hiring students across functions and profiles like Branding in Emerging Markets, Brand Management, Marketing, Market Research, Consumer Knowledge, Sales and Corporate Finance among others.
CONSULTING & IT
Consulting has been one of the most sought after roles for management graduates. Major global strategy consulting firms hired from the campus offering exclusive profiles clearly demonstrating that talent was always well acknowledged by the industry. Some of the major recruiters this time were McKinsey & Company, Accenture Management Consulting, Deloitte, Jones Lang LaSalle along with several others.
MANUFACTURING & CONGLOMERATES
Various Business groups such as Jindal Steel and Power, Reliance Industries Ltd., Schlumberger, Bosch, Lodha Goup, General Electric, Mahindra & Mahindra, Larsen & Toubro, Tata Steel, Shree Renuka Sugars Limited, Godrej & Boyce, ACG Worldwide, Alfa Laval, BASF, Cummins offered various profiles in General Management, Strategy, Corporate Finance and Marketing. Also, international profiles were offered by Petrofac and SADIG Group.
RETAIL & E-COMMERCE
JBIMS continued to perform exceedingly well in the retail sector dispelling all apprehensions due to the economic downturn with leading recruiters like Amazon, Flipkart, Suvidhaa Infoserve hiring in large numbers along with Jumbo Electronics offering international profiles.
TELECOM AND IT
The campus continued to be the preferred destination for Telecom and IT Majors like Vodafone, Microsoft, Zycus, HCL Technologies, Wipro, Cap Gemini, Accenture Tech, TCS and Infosys who continued their strong relationship with the institute offering coveted Global Sales, Operations, Strategy and Consulting as well as IT profiles to the students.
DOMAIN WISE PLACEMENTS
The executive placement season at JBIMS received an emphatic response not only from the regular recruiters but was also marked by robust relationships being fostered with an assortment of new recruiters from diverse sectors. The students having come through a successful and rewarding placement season now look forward to a fruitful professional career in the corporate world. Neha Rathi, a student placed in a leading FMCG firm says, “Getting a plum job in the sales and marketing domain was my dream when I entered JBIMS and it has come true. I am absolutely delighted with the role and profile I have been offered and am really looking forward to kick-starting my career in the corporate world.”
Building special associations with new companies every year has always been at the forefront of our endeavours at JBIMS and the streak transcended to even greater heights this year.
Mr. Balkrishna Parab, the Placement Co-ordinator, JBIMS, “Placement season 2013 ended on a jubilant note with the batch achieving placements in record time. The enthusiastic participation by new recruiters and the diversity of profiles offered exemplify the overwhelming response from the industry. The hard work and determination of the Placement committee have borne fruit with a worthwhile placement season in such turbulent times.”