1. Some of the New Recruiters at B-Schools:

• American Express
  
• Amway
  
• Hughes Software
  
• iVega
  
• Metlife India
  
• Nexgenix
  
• Quality Assurance India
  
• Tetra Pak India
  
• Wipro ePeripherals
  
• CSC India
  
• Patni Computers
  
• Suntec
  
• Torrent
  
• Tata Telecom
  
• TCS
  
• Trinity Corporation
  
• NCR Corporation
  

2. UTI resurfaced at tier A and B grade schools after a gap of two years. Post 1999, UTI has restricted itself to tier B & C, probably indication of changing times at UTI.

3. At XLRI Jamshedpur, FMCG, banking/financial institutions ruled the roost (55% of the total offers); the New Economy companies - IT and Consultancy were not too far behind, lapping up 34% of the students. The highest salary was offered by HSBC - Rs.12 lakhs per annum while the average salary was over Rs.6 lakhs per annum.

4. At XLRI Jamshedpur, the preferred sector for Personnel Management & Industrial Relations (PMIR) candidates continued to be FMCG (29%) and IT (21%). The Business Management Development (BMD) surprisingly showed greater inclination towards IT (35%) while Banking/Finance attracted 23%.

5. At SPJIMR, the highest overseas offer was of USD 100,000.

6. While Consulting saw a major decline in over all offers, growth in marketing jobs compensated that. There seems to be worldwide slump in Consulting and Investment banking jobs due to recession in major economies around the world. And for the first time, the so-called recession proof industry, "Consulting", saw an over-all decline in no. of job-offers.

7. Despite the overall slowdown, IT sector gave maximum offers led by TCS, HCL Tech & Polaris.

8. Infosys reappeared at C-Schools and gave few offers, a far cry from its earlier 100+ offers given in year 2000 & before.

9. There was a sharp decline in the number of offers given by Investment Banks, and FIs. But decline in investment banking jobs was compensated by growth in banking jobs. UTI Bank, Standard & Chartered bank were major recruiters, while ICICI cut the no. of offers drastically. ICICI gave 6 offers at IIMB compared to 30+ offers given at the same campus in year 2001.

10. For the first time, B-Schools were faced with the problem of placing students given the soft situation of economy. While majority of B-Schools shied away from sharing information and talked about confidentiality agreements, other institutes like IMT, IIFT, IIMK, etc., took initiative and shared all information with all the stakeholders.

11. Tata group was the largest recruiter at JBIMS with 13 offers.

12. At IIM Lucknow, the average Indian salary this time was Rs. 6.98 lakhs. Around 47% of the students went in for marketing while 21% went in for finance. 2.9% students went in for General Management and 4.1% of the students opted for jobs in Operations Management.

13. At IIM Kozikode, the consolidated INR Average Salary stood at Rs. 5.97 Lakhs p.a. with the highest offer made on campus being Rs. 12 Lakhs p.a. The average salary was marginally lower than the average INR of last year which stood at Rs. 6.14 Lakhs p.a.

14. At IIM Kozikode, 7 students were made Pre Placement Offers and 18 students got higher entry offers (Lateral offers). Companies like RPG and Wockhardt have awarded the best summer intern awards to students of the Class of 2002 at IIM K. GE Capital awarded excellence awards to 2 other students of the batch of 2002.

15. At IIM, Indore, most of the offers made were in the areas of Marketing, Business Development and IT Consultancy. 39% of the batch chose Marketing as their area of interest, while 22% of the students joined IT companies. Finance jobs were chosen by 17% of the batch whereas Consultancy and General Management accounted for 10%. Human Resources and others accounted for the remaining 12% of the jobs accepted. The economic slowdown did not have a major impact with the average salary at 4.97 lakhs p.a.

16. At IIM Bangalore, a total of 183 offers were made this year, for a graduating batch of 166. 20 of these were foreign placements. Of the six firms that placed students abroad, the largest recruiters this year were Capital One (6 offers) and Deutsche Bank Global (7 offers). The other major foreign recruiters included Lehman Brothers, Federal Express and Procter & Gamble. The median annual compensation package for the batch of 2002 has been Rs. 7.38 lakhs.

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 2000

Read complete story of Placement 2000 as it happened along with analysis and comparison across the Indian and US B-Schools and segment-wise analysis.

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