Archive for the ‘In Focus’ Category

IIM Bangalore might have been “The Employers’ choice” in Asia in recently conducted QA Global B-School ranking survey, however back home when it comes to placements, IIM Calcutta seems to be the choice of Indian and International recruiters. IIM Calcutta has emerged as the numero uno business school in India as far as placements are concerned as per the latest CoolAvenues.com Placements 2009 report, The ongoing global financial meltdown which impacted Placements 2009 at Indian B-Schools severally saw IIM Calcutta weathering the storm in much better way compared to other institutes. IIM Calcutta which earlier used to suffer due to its comparatively bigger batch size, is now at par with other IIMs as far as the batch strength goes and hence used its past experience of placing large batches in a better way in these uncertain times. Overall IIM Calcutta emerged as clear winner on following counts : Placements Salary: Recruiters paid highest average salary to IIM Calcutta graduates among all B-Schools as average salary paid at IIMC was at INR 12.7 lakh in comparison to INR 12.17 lakh at IIMA and INR 12.12 lakh  at XLRI, Jamshedpur. At the same time the highest salary paid to IIM Calcutta graduate was INR 60 lakh in comparison to INR 24 lakh paid to a IIM Kozhikode student. In Overseas placements, IIM Calcutta again emerged as No. 1 institute with highest salary at USD 130,000 p.a. and average salary at USD 86.875 p.a while IIM Ahmedabad graduates were placed at an average salary of USD 83,000. IIM Ahmedabad chose not to release highest international salary. IIM Bangalore might have been “The Employers’ choice” in Asia in recently conducted QA Global B-School ranking survey, however back home when it comes to placements, IIM Calcutta seems to be the choice of Indian and International recruiters. IIM Calcutta has emerged as the numero uno business school in India as far as placements are concerned as per the latest CoolAvenues.com Placements 2009 report, Full story

Students of NITIE, Mumbai sailed through yet another placement season successfully, setting new benchmarks along the way though NITIE which used to release its placement report by January every year ended up doing so only in August. Full story

The Executive Placements 2009 at Department of Management Studies (DoMS), IIT Roorkee got completed successfully this year. In a year that saw the world getting into a financial recession and the employment opportunities being dried up; with B-schools struggling to place their students, DoMS, IIT Roorkee, however, delivered successful placements to all the aspiring students. The department carved out a new strategy to counter the recessionary effect by effectively targeting companies and industry sectors where the outlook was positive. A cohesive effort toward this endeavor by expertly guided by the Head of the Department, Prof. Vinay K Nangia. Full story

  Placements at various IIMS in their executive program remained subdued due to ongoing economic downturn. In this unprecedented and sudden economic downturn, IIMA has almost concluded its Placement for class of 2009 with a success rate of 93%.  IIMA despite its strong alumni base, numero uno position of its brand, struggled for 5 months to place a batch of 77 students with a 93% success rate tell a lot about challenges faced by MBA program in turbulent times.  Full story

One year Executive MBA program which has come into prominence in India due to success seen by ISB flagship one year MBA program faced its first real test after dotcom bust in year 2009. ISB which was launched in year 2001 faced a quite uphill task during its initial years but slowly overcame all troubles to emerge as one of top global destination for one year executive MBA program. ISB one year program gave much needed opportunity to executives with significant work experience and in middle management to tap the opportunities offered by elite “MBA” tag without sacrificing significant time in the campus with almost mint fresh students. ISB model became so successful that very soon all leading B-School in India including IIMs launched their own version of one year executive MBA program aimed at candidates with significant prior work experience. Full story

2009 seems to be year of PSUs as far as placements are concerned and TISS turned out to be no exception with almost 18% of the batch heading towards PSU.  The final placements of the Human Resources Management and Labour Relations (erstwhile PM&IR) batch of the TATA Institute of Social Sciences (TISS), Mumbai for the batch of 2007-09 saw a batch of 60 students, walking away with preferred jobs in diverse industries and roles. Despite the global economic slowdown, recruitment was robust and this vindicates the institute’s position as being a top ranked school for Human Resource Management. Full story

 Faculty of Management Studies, New Delhi managed to complete its placement process for the batch of 2009 in the backdrop of ongoing economic crisis. Although the process stretched much longer in duration as compared to the preceding years (around 30 days),  FMS students were finally able to graduate from institute with a job in hand. Full story

    Xavier Institute of Management, Bhubaneswar achieved yet another 100% Placement record for its Post Graduate Diploma in Management (PGDM) students for the year 2009, despite the global meltdown and recessionary market trends. Full story

Year 2009 has so far seen significant reversal in the fortunes of executive MBA programs with leading institutes like ISB, IIMs barring IIM Calcutta extending their executive MBA program placements  indefinitely. The Mumbai based S.P. Jain Institute of Management & Research (SPJIMR)’s one year Post Graduate Program in Management (PGPM) for executives clocked an impressive 100% placement for its 4th batch comprising 56 participants having an average work experience of around 5 years.   Full story

Despite the talk of all gloom and doom, placements at B-School seems to be going pretty well if one goes by the highest salary being paid to mint fresh MBA graduates from top and not so top MBA institutes in Country.  The latest institute to beat placement blues successful is SJMSOM, IIT Mumbai where not only 100% of the batch got placed successfully, many students ended up having multiple offers with lot many disappointed recruiters as per the press release issued by SJMSOM, IIT Mumbai. A total of 60 companies were vying for some of the best minds across the business schools. The domestic average salary for the Batch of 2009 stood at INR 10.28 lakhs. After including the foreign offers the average salary was INR 10.61 lakhs. The highest domestic salary offered was a staggering INR 21.08 lakhs. Full story