VGSoM IIT Kharagpur Placements 2011: 20% batch gets PPO offers from TATA Motors, Deloitte India, Wipro

 | May 16,2011 10:47 am IST

With Batch of 2009-2011 securing some of the best job offers in the country, Vantage 2011 culminated in VGSOM, IIT Kharagpur and yet again established its reckoning as among the top B-Schools on the offering. With the 100% batch getting placed with an average salary of INR 12.

02 Lakhs per annum and profiles worthy of the remuneration magnitude, Vantage 2011 was a resounding success. Apart from the regular recruiters, many new companies joined the bandwagon and reposed their faith in the coveted B-School. VGSOM attracted 15 new companies this year which constitute 33% of the total companies that visited the campus. The season began with 20% batch getting PPOs from reputed companies like ITC, Reckitt Benckiser, Hindustan Coca Cola Beverages, TATA Motors, Deloitte India, Deloitte USI, Nomura, Wipro and IMRB and ended on a high note of 1.25 offers made per student from top recruiters.


Placements Statistics for Vantage 2011

Number of students participated in placements - 94
No of companies visited campus - 45
No of offers made - 117
Highest salary offered (INR) - 18 lakhs/ annum
Average salary offered (INR) - 12.02 lakhs/ annum
Median salary offered (INR) - 10.15 lakhs/ annum

 

The recruiting companies spanned across sectors like BFSI, Consulting, FMCG, Telecom, Manufacturing, Technology and Analytics with diverse roles like Investment Banking, Banking & Operations, Risk Advisory, Project Finance, Strategy and Technology Consulting, Sales and Marketing, Supply Chain Management, Procurement, Business Development and many more.

 

Evika Green, an Energy Subsidiary of Evika Group, a first time recruiter offered coveted position of Assistant Vice President to the selected student. Medall, a leading medical diagnostic firm were the first time visitors offering challenging roles in Market Research and Business Development.

Technology and Consulting firms were the biggest recruiters this year giving considerable weightage to the pre-MBA experience of candidates asserting the quality of students VGSoM attracts. 30% of the students opted for careers in each. BFSI, Manufacturing and FMCG followed next with plethora of new companies participating for the first time in campus placements attracting top talent from the coveted B-School.

 

             VGSoM IIT Kharagpur placements 2011: Function wise Placements offers made

 

FMCG & Telecom
VGSOM has grown over the years to be the favourite destination of sought after FMCG sector. Procter & Gamble, Reckitt Benckiser and Coca Cola were the first time recruiters at VGSOM. Regular recruiters like ITC, Heinz and UB group also made their presence felt and offered diverse roles like Corporate Planning, Operations, Supply Chain Management, Procurement, Sales and Marketing. Vodafone, our regular recruiter offered profiles in Marketing, Systems & IT.

 

Technology & Consulting
This sector attracted the largest talent pool from VGSOM. This year, the Big 4- Ernst & Young, PricewaterhouseCoopers, Deloitte (India and USI) and KPMG-participated in Vantage 2011 and offered roles in Business Advisory, SCM Consulting, Strategy & Technology Consulting and many more. Crème de la crème of the consulting sphere like PWC’s Government Reforms and Infrastructure Development Advisory (GRID), Accenture Management Consulting, i-Maritime, HCL and Cognizant were the first time recruiters along with regular recruiters like Infosys, Wipro, Tech Mahindra and HP reaffirming the brand value enjoyed by VGSOM in the consulting world.

 

Banking, Finance & Analytics
VGSoM carried forward the legacy of being a preferred campus for companies in Banking and Financial Services domain. Diverse profiles were offered including Credit, Risk Assessment, Forex, Equity & Fixed income and Banking Operations. The gamut of interested Companies included participants like Citibank, ANZ, Nomura, CRISIL, Cognizant and Union Bank of India among others.

 

With a booming market, analytics sector offered attractive opportunities to the students at VGSoM this year. Behemoths like Goldman Sachs, HSBC, ANZ, IMRB and Citi Analytics made their presence felt with related profiles in offering.

 

Manufacturing
This sector, along with regular recruiters like TATA Motors, TATA Telecon, TATA Metaliks and Welspun, witnessed participation from large number of PSUs like Shipping Corporation of India, Bharat Heavy Electricals Limited, Balmer Lawrie, MMTC India Ltd and Rural Electrification Corporation. Students were offered diverse and challenging roles in Sales and Marketing, Operations, HR, Business Development and Infrastructure Project Management. Titan, a TATA group company, was a first time recruiter offering roles in Operations and Marketing.

 

With hope and expectations comes a bigger sense of responsibility. And living upto that responsibility takes some doing. The roles expected, the locations envisaged and the remuneration desired; Vantage 2011 lived upto what students dreamt of before coming to VGSoM. All in all, this year’s placements season was an accomplishment with contentment which is a perfect recipe for success.

 

Concluded.

 

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Comments


IIT Kgp Student on 05/18/11 at 10:06 am

Absolutely fake report...and neither 100% batch got placed.


Guest on 05/25/11 at 09:28 pm

Haha...dude u seem frustrated? Do something worthwhile in your life.Don't bring ur personal vendetta here.


Guest on 06/02/11 at 11:15 am

@Guest, it seems you are the one being frustrated as some one has got the gut to say that "king is naked".


IIT Kgp Student on 05/18/11 at 10:12 am

Pure farji report...manipulated


neetu on 05/18/11 at 04:37 pm

Hi

How can you say that this report is fake or Farji?
Do you have any reason or have any proof supporting your point?


Satyamebo Jayate on 06/02/11 at 11:25 am

So you are an insider. I also had a talk with some students there and all of them confirmed that it is an highly inflated figure only to allure students to join such course there. Majority of the students placed in IT sector with CTC almost half of the published average salary.


Sujit Singh on 05/18/11 at 04:49 pm

ALl the figures are manipulated...students are advised not to rely on the figures quotes...and make their own decisions.


Neetu on 05/18/11 at 06:16 pm

Hi Sujit

If you have right data kindly share here, it will help the MBA aspirant to get real information about the placements.


Srijan on 05/18/11 at 06:30 pm

Hey People

Looks like u guys r VGSOM, IIT, Kgp students and r quiet unhappy with ur placements. I agree with Neetu, u should back ur claim with some evidences or may be u can form a group of students and reach out to media with ur complain. dis might help aspirants.


Mahendra on 05/19/11 at 10:44 am

While companies like Goldman Sachs and ANZ did participated in the process, they didn't selected any1 from VGSOM, instead selected from IIT Kharagpur's central placements (B.Techs). Also, companies like Nomura visited VGSOM only for the HR Profile. For the strategic and analytics profile, Nomura selected from the central TnP of IIT Kharagpur (B.Techs)and not VGSOM. Even the average salary of the batch was below 10 LPM, the figures shown have been highly inflated. Except Crisil, there was hardly any finance company. Get in touch with some alumini of VGSOM to have proper guidance. Kudos to VGSOM !


prashantgawade on 05/19/11 at 10:14 pm

Hi there,

anyone can help me with topic called-retention strategy in manufacturing (especially for workers, those are on short term period basis)

if any one has pdf file please do send @

prashant_gawade@live.in


Amit on 05/23/11 at 12:28 am

@neetu dear u wanted some figures
Average 7.25 lakh CTC
students still remaining 10-15
tell me how does a batch with 30 people in infosys at 7.25 lakhs CTC gets 12.02 average. dont blow your trumpets wrong and start from basics of management.
in case you dont get it its ethics, u fall into one trap and luring other people to your misery is not a part or ethical management.


Shilendra on 05/23/11 at 03:32 pm

Please don't believe this.. fake figures..


Shilendra on 05/23/11 at 03:33 pm

Please don't believe this.. manipulated ones..


Amit on 05/23/11 at 07:06 pm

Let me explain to you
A management institute located in kharagpur jungle surrounded by a prison is not exactly an ideal b school to be in.
What kind of personality development can you expect from a place at this location, at the same time the step motherly attitude from IIT KGP Btech department instead of helping makes the place more pathetic.

I lost two years of my life and came out as an unlearned person , so please think twice before taking admission in a bschool with nil corporate interaction, pathetic alumini base and the worst management faculty.

God help you if you do!


Guest on 06/02/11 at 11:45 am

@Amit,
Some of my friends did their engineering from IIT Kgp and they told me that best part of their life was campus activities, festivals etc. and helped them a lot in developing their extracurriculars. So what wrong with VGSOM when it is in the same campus? Moreover, list of faculty is very lengthy and impressive. I can see profs from LSE, exIITians in the list at website. Can you give some more depth to your opinion?


Sushant on 05/24/11 at 03:16 pm

All the above comments are made by the same person.You are requested not to believe them. It is done intentionally to malign the school. Probably by Pagalguy ppl as they have always done it against us.

THR WERE MORE THAN 100% PLACEMENT n MOST OF US HAD MORE THAN ONE JOB !!

PLEASE DONT TAKE ABOVE CRAP!!!


Apoorve on 05/24/11 at 03:25 pm

@Amit..
We expected some proofs and not some fake figures...as per my discussion with some of the seniors...100% placements were over within 2.5 days.
And many students did end up with multiple offers..
Request everyone to go wait for some proofs before considering any fake claims...
P.S - I am going to join VGSOM this year...


Sagar on 05/24/11 at 03:30 pm

Hi All,

Please do not believe the false comments being posted here by people POSING as IIT KGP students.

I have personally spoken to the Placecom folks from VGSoM and the placement figures along with the cos mentioned are absolutely correct. Infact 100% of the batch got placed within 2.5 days so all the facts in the report are correct and I reiterate
PLEASE DO NOT BELIEVE IN THE FALSE COMMENTS POSTED ABOVE BY ANONYMOUS POSTERS. I HAVE PERSONALLY SPOKEN TO THE PLACEMENT COMMITTEE AND 100% OF THE BATCH GOT PLACED.


Ashish on 05/25/11 at 08:40 am

PLACEMENT COMMITTEE...lol...
I just spoke my brother..he told me that when the
placement committee members have themselves prepared this fake report...thn how cud they go contrary to their words...and let u know the exact statistics..

With almost 25% batch getting placed in Infosys at 7.25 LPA, and most among the others getting placed in Deloitte at 7.5-8.5 LPA...I still could not understand how the median could rise above 10 LPA... I guess they themselves don't know what the median is (lol)

While talking to my brother and learning about the companies like Goldman Sachs and ANZ, which participated in the Central TnP (for B.Techs) but recruited noone from VGSOM and companies like Nomura recruiting in the HR profile, the report to me seem to be completely perplexed. He told me that except Irevna (a divison of CRISIL), there wasn't a single company for finance profile. UBI being a PSU offered a CTC of about 5 LPA (lol). Hardly 10 % of the batch had multiple offers and that too some of them having offers in companies like UBI

Friends, please think twice before joining a 3-Tier MBA School like VGSOM, which doesn't have any exceptional placements. Don't bias ur decisions solely based on these fake reports published on internet by the placement committee of VGSOM so as to puzzle the students with artificially inflated figures. VGSOM people have a long history of spamming on internet so as to boost their college rankings..my brother told me they were even once banned from participating in the rankings of Pagalguy due to continuous spamming from fake accounts


Manish1 on 05/25/11 at 01:27 pm

Your charges against an institute are extremely serious.If you have such inside information it seems you know many of the students who got placements in VGSoM. Can you quote some of the students' names and respective placements so that we can verify the veracity of your allegations? If your charges are found to be correct then the institute is going to be in big trouble. The way you are writing about the institute it seems that preparing fake reports is an old practice there but there hasn't been any fuss about it yet. Isn't it strange? Either you come up with some substantial points with proof or if it is found that you are wrong and reports are correct then my sincere advice to you is you start running because this is a big cyber crime and your IP address is going to be tracked down. And last thing from my side....if I were in the committee preparing fake report, I wouldn't have written median salary because it is not a common information.


manish2 on 05/26/11 at 04:58 pm

Is this an activity of whistle-blowing?If this person is really correct, then in my opinion, his identity should be protected.


MBA Aspirant on 06/02/11 at 06:11 pm

Sagar bhaia,
Why don't you take help from some psychiatrist before making such insane comment here to allure MBA students with fake information and claims.
MBA aspirants are intelligent enough to find out what is correct and which claim is baseless.


gopi on 05/24/11 at 09:13 pm

I support it.except for the army personnel who opted out of the process every one else got placed.the highest pay is also correct.


piyush anandani on 05/25/11 at 09:38 am

yeah..highest package is correct..given by Nomura for the HR profile (9 Fixed + 9 Variable)


Tikona on 06/02/11 at 05:57 pm

9 lakh in real life and 9 lakh in dream!


Crime master GOGO on 05/25/11 at 10:08 am

VGSOM people...Stop arguing about this stupid crap of fake reports...Everyone understands where the facts lie..so u don't need to make it a mockery !


Sushant on 05/25/11 at 01:49 pm

All the above comments (ashish,shilendra, srijan) etc is made by the same guy and he is making up fake stories of his brother n all. He is a big time loser and has mental issues. He was banned by the placement committee for messing up with an HR n nw trying to take revenge.

Readers are requested not to waste time in reading the stupid comments made by this psychopath.


Poet of the falls on 06/09/11 at 11:00 pm

All the above mentioned comments stated by the people(or person) claiming themselves(or him) to b VGSoMite(s) are fake, me being an ex-student of this reputed institute can easily distinguish the real and fake(posing) VGSoMite's comment.
The details given by the so called "IIT Kgp Student" are just nothing more than a way to malign the name of this college.
Other thing for the gentleman who says this place to be the tier-3 college..kindly look into the previous year's guest lecture details most of which are easily available on P-guy and Cool-Av, you can easily find the effort that these kids do to bring in the best to the college and indubitably indicate their PR and marketing skills. There is a lot to learn from this place. And when you say this place to be tier-3 B-school then I think by this you mean
1) polluted(not fresh clean)environment,
2) incompetent lecturers((((not people like *Prof. A.N. Sadhu; M.A. (London), FCA (U.K. and India), FIMC (U.K.), *Prof. Gautam Sinha; B.Tech., M.Tech., Ph.D. (IIT Kharagpur), *Prof. Arabinda Tripathy; B.Tech. (Hons.)(IIT Kharagpur), PGDBM (XLRI), M.Sc (O.R.) (London School of Economics), Ph.D. (O.R.) (London School of Economics), *Prof. Tapan Bagchi; B.Tech. (IIT Kanpur), Ph.D. (University of Toronto, Canada), *Prof. Ranjan Ghosh; B.Tech. (IIT Kharagpur), MS (Stanford), MS, DSc. (Columbia), etc))),
3) bad( you dont have to go through this link to find out more http://www.som.iitkgp.ernet.in/index.php?Itemid=41&id=25&option=com_content&view=article),
4)bad(unethical) learning which is the core value of IIT system
and the other endless aspect that a student requires to detoriate(not develop) himself.
Then Mr. XYZ keep your gyan to yourself. People come here by their choice and they are the best judge to decide whats good for them and stop wasting your ample of farzi time that you can use to mark up your CGPI or in your work to increase you PRP and ask your imaginary brother to keep the VGSoM secrets(which are so easily out) to himself or both of you will be in trouble.
and agree wid shushant..


Jishnu on 05/25/11 at 09:27 pm

Looks like this guy (Mahendra,Amit,Ashish etc) is surely using aliases and trying to mar the image of the institute...
From the tone of all those comments and the way he is making up stories and new names.. its pretty evident that it is just one single guy.


Dhruv on 05/26/11 at 08:34 pm

Accenture Management Consulting recruited from VGSOM? Are these guys serious? Are you sure it was not for the Grad Analyst profile which they offer at IITs, Stephens etc. for their B.Tech and other Grad programmes? What was the remuneration offered?


Guest on 06/02/11 at 05:36 pm

@Dhruv,
they've dreaming that they can conquer the world only through fake placement report. Some students said that E&Y did not visit the campus at all. A telephonic interview process got started, though never got ended. KPMG offered IT profile only and the package was as low as it offers to engineering college.


Minna on 06/08/11 at 03:50 pm

Friends
Based on the placement report I am going to admit my son at VGSOMS at IIT kgp leaing the offer at IMT Ghaziabad, BIM Trichy and IIT Madras.
Now I am totally confused.

Can the school clarify the position


Guest on 06/15/11 at 05:23 pm

Cool thread going on, but still the question remains?? IS it a real one or fake??.

@Ppl saying fake : for the benefit of ppl joining this year ,let us know what might be the AVG package or let us know the magnitude of falseness in this report??


Guest on 06/16/11 at 11:14 am

Don't publish fake reports.


Guest on 08/16/11 at 03:40 pm

Coolavenues, can you clarify?

I see pretty good profiles on the b school's website. Apart from the regular MBA, the school has come up with a new 3 years EMBA program for which the profiles they have on their website looks pretty good to me. I was looking at it for someone who is keen on doing an Executive MBA from eastern India. To us, VGSoM seems to be a very good destination.

Lot of fighting going on over here. I have read all the comments. It looks to me, the school is doing really good and there are certain people for their own reason trying to disturb/divert others. To my belief, IIT KGP is a great institute and VGSoM has progressed much in recent years.