NITIEans Make a Clean Sweep in MBA Placements 2005

Campus recruitments this year at NITIE reached greater heights as a reiteration to the popular perception that the economy is going strong. The PGDIM Class of 2005 was placed in a span of few hours on January 6th, 2005. It all kick started with 27% Pre Placements Offers (PPOs), 7% Pre Placements Interviews (PPIs) and 15% foreign placements.

Placements 2005 dawned on NITIE at 7:00 AM and a total of 142 offers were made by 65 companies before the process had to be stopped late evening with all 85 management students finding the jobs of their dreams. An awesome achievement indeed considering the fact that close to 100 firms had registered for pre-placement talks.

Major recruiters included the consulting firms of the likes of KPMG, TSMG, E&Y, Accenture, and SAP ICG. Banking firms that included Barclays Capital, ICICI Bank, Citibank, HDFC Bank. FMCG recruiters included Procter & Gamble, Nestle, Coke, Asian Paints, Gillette, Colgate Palmolive and Reckitt Benckiser. IT firms being IBM, HP, Wipro, Infosys, TCS, HCL Tech, Satyam. The offers came from industries as diverse as Banking and Consulting to Pharmaceuticals and IT Services. Banks and FMCG needless to say led the pack of recruiters by holding sway on Day Zero morning. Other major recruiters included Marico, Glenmark, Godrej, Dabur, etc.

Aggressive hiring was seen from both IT as well as non-IT firms. However leading among the pack of recruiters in terms of offerings were Infosys (23), Satyam (14), IBM (12), Wipro (12), Barclays Capital (8), ICICI Bank (7), P&G (6), Asian Paints (6), KPMG (4), Citibank (4). This year there was substantial increase in the number of foreign offers.

Almost all students with considerable pre-MBA work-experience were duly rewarded with lucrative lateral offers. The job mix was evenly distributed across all the functional areas like Consultancy, Finance, Marketing, Systems/IT, SCM & Operations and General Management.

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