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Placement Report of NMIMS Mumbai -
July 21st, 2007
The energy, the emotions, the excitement! NMIMS saw all of this in copious quantities during their placement season. The teamwork, the corporate connectivity and the students' involvement made placements a success.
The placement process was completed in a record time by
placing all 254 students comprising of the MBA 2007 batch.
In terms of the compensation, the highest domestic offer was Rs. 14.25 Lakhs with average domestic compensation as Rs. 8.85 Lakhs. The international placement has also seen an upward swing with ICICI Bank, Macquarie Bank, Global eProcure, etc., offering postings in diverse geographies such as Canada, Australia and America averaging nearly US $ 70,000. Another feather in the cap was Stemcor, the world's leading steel trading firm that made recruitement from the campus.
The company pool consisted of a diverse mix of sectors from Consultancy, FMCG, IT, ITES, BFSI, Manufacturing, Services to Pharma and Retail. The list of recruiters included ABN Amro Asia Corporate Finance, Accenture, Baxter, Britannia, BPCL, Cap Gemini, CNBC, Coats India, Cognizant, Crisil, Dabur, ECS Consulting, Erix Advisors, GE, HLL, IBM, ICICI Securities, Irevna, ITC, J P Morgan, Kotak Bank, Lehman Brothers, L'Oreal, Marico, Mercer HR Consulting, Meryll Lynch, Motorola, Perfetti Van Melle, RPG Group, Saint Gobain, SBI Caps, SEBI and Thomas Cook just to name a few.
Sector-wise comparison of the recruiters with respect to the last year depicts an increase in the number in the BFSI category from 22% to 27%, in FMCG sector from 7% to 14% and manufacturing from 10% to 12%. 2% of the companies were from the retail sector and 6% from the services sector.
The BFSI segment recruited 34% students, the IT sector 24%, Consultancy 7%. There was an increase in the number of students placed in FMCG sector from 4% to 8%, manufacturing and auto from 9% to 11% and Services sector from 5% to 8%.
Companies appreciated students' preparedness, response, competency and the soft skills and the efficient logistics management and the coordination of the entire placement activity.
Dr. Kondap, Vice Chancellor, NMIMS University, feels that the credit for the highly successful placement year goes to the policy of the management which focuses on the overall development of the student that is 'Complete Student'. Of course it goes without saying the academic rigor, application oriented learning, focus on co curricular activities, corporate support in establishing industry-institute networking have helped NMIMS to move up the ladder with a clear policy of 'Let's work together to make a difference to Transcend Horizons'.
Dr. Kondap expresses his gratitude to his Chancellor Shri Amrish Patel, Mentor and Vice President SVKM, Shri B. P. Sheth for the constant guidance and support in making this happen successfully.
Life is a JourneY You have to LivE,
But a DestinY You Can't AchievE.
LovE is a DestinY You want to AchievE,
But You Can't Bear The JourneY.
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