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Placement 2007 | Department of Industrial & Management Engineering, IIT Kanpur

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Placement 2007

 Dept. of Industrial & Management Engineering, IIT Kanpur 

Diverse Profiles Offered at IIT Kanpur Highlight Recruitment Season

"Unless you try to do something beyond what you have already mastered, you will never grow."

- Ronald. E. Osborn

MBA at IIT Kanpur constantly innovates, breaks previous records and every year sets its benchmark even higher. We grow by doing something beyond what we have already mastered. Placement 2007 is a perfect example.

6th December 2006 was a milestone in the life of MBA Class of 2007 when they were all set to step onto the frontier of the corporate world. It marked the beginning of a new chapter that added another feather in the cap of the illustrious track record of IIT Kanpur.

Placement of the whole batch in just few hours was the ecstatic finale of tireless efforts put in by the MBA, IITK fraternity. The number of companies that visited the campus, which surpassed even the size of the batch, is the testimony to the success. It was not an easy task for the companies to taste the hot-cakes of talent!

As IT and ITES Sector increases its contribution to the Indian economy, its dominance was witnessed in IIT Kanpur Placements too, with almost 50% of the total offers being from this sector all alone. IT & ITES sector was represented by IBM, Accenture, Infosys, TCS, Satyam, Infosys BPO, Newgen, Bristlecone and Tech Mahindra.

With the Banking Sector in India expected to be thrown open to full-scale competition from foreign banks in 2009, Banking space in India is hotting up with the private sector banks upping the ante in particular. The activity in the industry was mirrored in this year's placement process as SBI Caps, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Citigroup were out in full force to hire the talent available.

Manufacturing companies also showed keen interest in this year's recruitment season. The pack was lead by Maruti, Bajaj Auto, Vedanta Resources, International Tractors Limited and Tata Motors.

Pureplay Consulting also made its debut on the campus with two of the big four, KPMG Consulting and AFF a part of Deloitte Group participating in the process.

In all 36 companies had given confirmation to take part in the placement process but only 17 companies could end up with candidates, rest which included big names like HDFC, ICICI, Mckinsey KC, Spinneys Dubai, Avalon Consulting, SBI Life Insurance, GH Financials, DCM Shriram, HCL Technologies, Vedanta Resources, IL&FS, etc., could not be accommodated.

Another highlight of this year's recruitment season was the large number of new attractive profiles that were on offer to the students. In finance domain, SBI Caps offered roles in Project Finance, KPMG offered Risk Advisory, and Citigroup offered roles in Corporate and Investment Banking. IBM offered Business Consultancy profile over a wide range of domains - SAP, Retail Management, Financial Services to name a few. In the marketing realm, roles in Relationship Management were offered by Kotak Mahindra Bank. Maruti offered Sales and Marketing profile. High-end Analytics jobs were offered by HSBC and Genpact.

The average salary this year saw a 33% rise over last year and touched Rs. 8.03 Lakhs per annum.

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