JBIMS: SUMMER PLACEMENT REPORT 2010
“The backbone of success is fusing diversity with celerity”
This perfectly symbolizes the pace of the recruitment process and the variety in terms of profiles for the recently concluded summer placement season at Jamnalal Bajaj Institute of Management Studies. Riding high on the wave of the flourishing Indian economy, JBIMS has had a record breaking season --- 78 companies, 4 days, 120 students and 100% placements! Anticipation and enthusiasm were converted into smiles as the Summer Placements surpassed all expectations.
The resounding success of the Summer Placement season is also reflected in the stipend, with average domestic stipend touching a new high of Rs.72,000 and highest domestic stipend touching the remarkable figure of Rs 1.5 lakhs.
Sectors like BFSI, FMCG, Investment Banking, Consulting, Telecom and IT recruited in large numbers. In addition to this, the sectors that showed a substantial increase in recruitment included Manufacturing, Infrastructure and Pharmaceuticals which emphasized the keenness of JBIMS students to take up challenging roles across diverse fields.
The wide range of companies this season included our regular recruiters like Citibank, HSBC, JP Morgan Chase, ICICI, Hindustan Unilever, Procter & Gamble, ITC, Colgate Palmolive, Dabur, Johnson & Johnson, Deloitte Consulting etc. Industry leaders like Reliance Industries Limited, Schlumberger, GSK Consumer, Religare, Indiabulls and Cinemax were some of our new recruiters who offered exciting opportunities. This has reaffirmed the position of JBIMS as being a B-school with a rich heritage of quality and academic excellence, attracting companies across various sectors.
Siddharth Misra, a first year student who is interested in pursuing a career in Corporate Banking, says “It was a fast paced, smoothly conducted process with many exciting profiles on offer, enabling us to explore new avenues, wherein I got an opportunity to be placed in one of the most coveted profiles in my dream company.”
This year too, the Banking, Financial Services and Insurance sector emerged as a front-runner in terms of number of students recruited and was closely followed by the FMCG sector. Also, keeping in pace with the rapid growth of the economy, the Manufacturing Sector played a substantial role in recruiting students, thereby affirming their faith in the talent pool of JBIMS.
There was diversity in the profiles offered by the companies which ensured that the students got placed in various functions of the organization which ranged from Mergers & Acquisitions to Treasury, Structured Finance to Investment Banking, Sales & Marketing to Product Development, and Market Research to Supply Chain Management.
Salient Features of the 2010 Summer Placement Process at JBIMS:
· A total of 78 companies visited the campus
· 100% placements achieved in a record period of 4 days
· This year the record average domestic stipend was Rs.72,000 and the highest domestic stipend on offer was Rs. 1.5 lakhs
Some of the key recruiters in each sector were:
BFSI & Investment Banking : Citibank, HSBC, JP Morgan Chase, Nomura, ICICI Bank, Axis Bank, Religare, Indiabulls, MetLife, Tata Capital, IFMR, Capital IQ, India Forex
FMCG & Pharma: HUL, P&G, Colgate Palmolive, ITC, Reckitt Benckiser, Dabur, GSK Consumer & Healthcare, Titan, General Mills, GSK Pharma, J&J Pharma, AstraZeneca
Consulting, IT & Telecom: Deloitte Consulting, Avalon Consulting, Aircel, Idea Cellular, Wipro, TCS, Nodwin Consulting
Conglomerates: Reliance Industries Limited, Mahindra & Mahindra, Larsen & Toubro
Media, Real Estate & PSUs: HT Media, Aegis Media, Cinemax, Orbit Corporation, Union Bank of India, State Bank of Hyderabad
Manufacturing : Schlumberger, Cummins, Voltas, DuPont, Tata Motors
Others: British Gas Group, J&J Medical, TNS Global
Summer Placements - Batch of 2012
“We are really happy with our long association with JBIMS. With every passing year, we have been impressed with the quality of students the institute manages to attract. We look forward to building a stronger presence of HSBC at JBIMS."
- Quote from Mr. Ashutosh Mishra, Sr. Vice President, Talent Management & Leadership Development, HSBC
The Placement Coordinator, Dr. C.R. Chavan said, “The Institute continues to receive support from the recruiters for the placement process and we continue to work together to meet the goals of the industry as well as the students. Summer Internship provides students with an opportunity to get corporate exposure and apply the skills they have learnt during their course. To the credit of the Placement Committee, they have been able to successfully address the needs of the students who participated in the Summer Internship Programme.”
After a successful Summer Placement season, Ketan Sharma, a member of the Placement Committee said “It was also a potent testament to the cherished industry support and enduring alumni commitment that we enjoy at JBIMS, to say nothing of the outstanding academia we possess. The summer placement was a story of glowing smiles and promises kept and if the skyrocketing growth of Brand JBIMS is anything to go by, it’s only a precursor of bigger and better things to come. The spectacular performance of the students along with their glorious academic past and multi-talented personalities created a lasting impression on the recruiters. This year also witnessed new relationships being developed with various companies.”