Offers involving ESOPs and worldwide travel works wonders to attract students
Wipro, Infosys, Blueshift Technologies recruit heavily but get no chance to appear at IIMA
Increased offers as markets boom post Y2K

Overview

ESOPs was the order of the day. Students were preferring software companies over the marketing companies. Obvious reason was ESOPs, besides getting a chance to work in IT field and travelling abroad on company assignments. Feedback from Alumni, who joined these companies a couple of years back, and the value of their Stock Options, which was over Rs 1 crore at time of stock market High in February end, also influenced many career decisions. Students cited excellent working conditions and good perks as the main reasons for choosing IT companies. Healthy growth, robust assignments with overseas clients and blooming market capitalisations post Y2K bug led these IT companies to go on hiring spree for the MBA graduates so much required in these IT giants. Computer hardware/software was dominated by Indian companies, like Infosys, Wipro, HCL Technologies.

Around 30% of the class was placed with software industry at IIMA, IIMB and IIMC, whereas it was mindboggling 45% at IIML. But real superhero was SPJain with 55% of the class placed with software industry. Bajaj, IMT, FMS, MDI saw around 20% of the class placed with software industry. Overall, software industry performed well, as expected, mainly due to healthy bottomline post Y2K assignments and a booming BSE.

Bounty Hunters

At SP Jain, HCL Infosystems and HCL Technologies (10 offers each) and Compaq (7 offers) led the field in IT making almost 55% of total offers. Other stars were CITIL, Mphasis, Wipro and TCIL. At MDI, Satyam Comp and Satyam Infoway (4 offers each accepted by students) and Blueshift Technologies (3 offers accepted) were stars. IMT saw IT majors like Cisco, Compaq, Polaris, Satyam Enterprises in action. At IIML, HCL Technologies (11 offers accepted), Fatwire (10 accepted offers), HCL Infosystems (9 accepted offers) led the way. Infosys (13 offers accepted), Wipro (7 offers accepted) were there along with Blueshift, Microsoft, CITIL and NIIT. At IIMC, Infosys (11 offers), Wipro, HCL group led the IT army. At IIMB, Infosys (15 offers), NIIT (6 0ffers), IBM and Wipro (2 offers each) were stars. At IIMA, Indian Heavyweights like Wipro, Infosys and other dotcoms like Planetasia did not get a chance as placement were over by Day 2.

AT XLRI, Infosys (12 offers), HCL Technologies (17 offers) and HCL Infosystems (5 offers) led IT firms. At IIM Indore, Blueshift & Mphasis were among the IT majors to visit the campus with Blueshift making 5 offers. At FMS, HCL Technology made 5 offers alongwith HCL Infosystems and Compaq (2 offers each). At Bajaj, Shiv Nadar-promoted HCL Group (HCL Technologies + HCL + NIIT) being the largest recruiter on campus picking up 10 students.

Institutes	IT/Software(%)
IIMA(	26
IIMB	28.33
IIMC	29
IIML	45
XLRI	32.5
SPJIMS	52
JBIMS	22
FMS	23.5
MDI	18
NMIMS	12

Note: All the above figuers are in %.

CoolAvenues.com Team

Placements 2001

Read complete story of Placement 2001 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

Placements 2002

Read complete story of Placement 200 as2 it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

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