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Pharmaceuticals
Highlights
Overview Ranbaxy, J&J, Glaxo, Wockhardt were the star recruiters among the pharma companies. Traditionally, pharma companies have accounted for around 0-2% of the recruitment and this year was no exception. This is a little lower than 3-55% recruitment by pharmaceutical companies at the US campuses. Primary reason being that US pharma companies are giants with billion dollar sales and market capitalisation as compared to small pharma companies in India where only top few have sales exceeding Rs. 1000 crore mark. Another important reason being that unlike in US, generally Indian MBAs in top B-schools have engineering background, and therefore, prefer IT/Marketing company over a pharmaceutical company, an area about which they have no knowledge. Bounty Hunters At SP Jain, Dr. Reddy's Lab. made 3 offers. Glaxo (3 accepted offers) and Wockhardt (2 accepted offers) represented pharma industry. IMT saw pharma majors Eli lily Ranbaxy, British Oxygen, Torrent, Glaxo in action. At IIML, 2 students joined Ranbaxy whereas Ranbaxy made 2 offers at IIMB. Ranbaxy was again a star recruiter at XLRI with 4 offers.
Read complete story of Placement 2001 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.
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