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Placement 2007 | Symbiosis Institute of International Business (SIIB), Pune

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Placement 2007

 Symbiosis Institute of International Business (SIIB) 

IT/ITES & BFSI Biggest Draws for Students at SIIB, Pune Final Placements

Placement for the Class of 2007 at Symbiosis Institute of International Business (SIIB) was a resounding success. The placement week was in December 2006, and in this period, 112 students of MPIB were placed in 34 companies. Similarly, 43 students of MPABM program were placed in 11 companies.
It must be highlighted here that a total of 69 companies had registered for the final process of MPIB and this figure stood at 22 for MPABM. Needless to say many of these companies had to leave empty-handed.

As per the college policy, a survey was done amongst the final year students to know their sectoral preference in which IT/ITES and BFSI were the top draws. So the final line-up of companies was skewed towards IT and BFSI. The major recruiter this year included -

  • IT / ITES - Covansys, IBM, HP, Infosys, Wipro, i-Flex and Infosys BPO

  • FMCG - L'Oreal, ITC, SAB Miller, Asian Paints, Nerolac

  • Research & Consulting - Accenture, Deloitte, IMRB

  • BFSI - GE Money, HDFC Bank, Citi Group, ICICI Bank, Irevna Research, IDBI Bank, ICICI Prudential Life Insurance, Kotak Mahindra Bank

  • Services - Thomas Cook, VFS

  • Manufacturing - Trident, Sterlite, John Deere

  • Agri Business - Monsanto, DSCL, HyperCity

    In terms of numbers, IBM and Trident each picked 9 students from IB batch, and Monsanto picked 4 students from ABM batch.

    As far as the statistics go, the highest salary was Rs. 11.75 Lakhs per annum for laterals (offered by Accenture) and Rs. 10.0 Lakhs per annum for freshers (offered by Irevna Reserach) for the IB batch. For the ABM batch, the highest salary was Rs. 7.6 Lakhs per annum for freshers (offered by Monsanto).

    The average salary for the IB batch showed an increase of 30% over the previous year. Average salary stood at Rs. 7.55 Lakhs per annum as compared to Rs. 5.8 Lakhs per annum last year. Median salary stood at Rs. 7.20 Lakhs per annum.

    The average salary for the ABM grew by 49% to Rs. 5.20 Lakhs per annum from previous year's Rs. 3.5 Lakhs per annum. The median salary for the ABM batch stood at Rs. 5.05 Lakhs per annum.

    The bigger picture this year, however, is not in figures. This year excellent profiles were offered to students. Apart from International Marketing and Supply Chain which is what SIIB is known for and which is what ITC-IBD, VFS, Ceat, Sterlite offered, students also got profiles as diverse as Corporate Finance, Domain Consulting, International Market Research, Product Development, Derivative Trading, Equity Research, Wealth Management as well as core Sales and Marketing profiles. Also 3 excellent international business offers were made in manufacturing sector.

    This year's placement record reinforces SIIB's place amongst top B-schools in India.

    Concluded.


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