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Press Release
"Always bear in mind that your own resolution to succeed - Abraham Lincoln The hard work put in by the PGDM batch of 2005 bore fruit on the morning of 8th January 2005, which was Day One of the campus placement season at XIMB. What gave the students sleepless nights this placement season was not the usual placement related tension but an unanticipated problem of having plenty of offers to choose from. Dr. Muktikanta Mishra, the Faculty Placement Coordinator for XIMB, described the placement process as a classical economic situation wherein the demand exceeded the supply. "On account of the deluge of offers, a lot of companies had to go empty handed. The problem was of plenty," he quoted. Around 59 top-notch companies participated in the process, and 14 had to return empty handed. For a batch of 113 students, a total of 198 offers were generated which means approximately 1.75 offers per student. This number could have been higher but some of the students had already accepted the pre-placement offers (PPOs) made by the companies where they had done their summer internships. The laterals process started on 15th of December and had been rolling since. A total of 40 offers were made to the 30 lateral candidates. In terms of the salaries offered also, the figures were high and very satisfying. The highest foreign offer broke all previous records on this campus. Amongst the Indian salaries offered, the highest was from Wipro Technologies, followed by Marico, HSBC AMC and Godrej Industries.
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