NITIE Summer Placements 2006 - Riding the Crest

NITIE Summer Placements 2006 - Riding the Crest

FMCGs & Manufacturing were well-represented by traditional favorites such as HLL, Procter & Gamble, Nestle, Asian Paints, Britannia, ITC, Johnson & Johnson, Marico, Colgate-Palmolive, Reckitt & Benckiser, Castrol India, Godrej, Ceat, Monsanto, Essar and Dabur with projects being offered across diverse functions.

The Banking and Financial Services sector was a major participant including organisations like Citibank, HSBC Bank, Standard Charted Bank, GE Money, American Express, ICICI Bank, ICICI Prudential and SBI Caps, most of whom made offers to several students. Big names from the Pharmaceuticals sector like Dr.Reddy's, Ranbaxy, Glaxo SmithKline, Glenmark also showed interest by making multiple offers.

The Systems bandwagon was carried by CTS, Wipro, Patni Computer Systems and TCS. Consulting sector included Ernst & Young and Mindtree Consulting. Heavyweights from the Food & Beverages sector like Coke, Cadbury's, Pepsico & Perfetti also made their presence felt on campus. The BPO Industry, a booming sector in India, represented by e-Clerx and Scope International, came up with unique and exciting offers across domains.

The average stipend offered crossed Rs. 16,000 per month, with the highest domestic stipend being Rs. 30,000 per month from the Cognizant stables. The highest international stipend was offered by Olam International at an undisclosed figure.

At the end of Day 0, a record 152 offers were made and 77 cheerful faces signed off from the recruitment process. The fact that they had got the profiles they desired was just an icing on the cake.

Associate Dean, Placement, Prof. Ashok Pundir, aptly remarked, "This year saw an upsurge in the number of students taking up projects in Banking and Financial Services industries, as compared to last year which saw a larger proportion of the batch moving towards FMCG and Information Technology sector. This was compounded due to the increased number of big companies from BFSI sector at the campus."

Concluded.

Contributed by -
Sriram Vasudevan,
Media Coordinator,
Management Batch of 2008,
NITIE, Mumbai.

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