FORE School of Management Observes 35% Rise in Average Salary in Placements 2008

FORE School of Management, one of the premier management institutes of India, has made a land-mark achievement in successful placement season with the entire batch being placed on first day itself.

Dr. Seema Sanghi, Director, FORE School of Management, said, "We at FORE are proud to announce that majority of the Foreians received multiple offers and many companies had to return empty-handed. The participating organisations also include many first-time recruiters in addition to the regular recruiters at FORE."

ICICI Bank and Infosys were the recruiters offering the most offers with 26 and 14 offers respectively. Recruiters included leading global banks such as Citi, HSBC, Standard Chartered; finance majors like DE Shaw, Deloitte and JP Morgan; firms like Accenture and Ingram. First time recruiters included Hindustan Unilever, Adidas, VSNL, Tata Motors and Thomas Cook. Regular recruiters like Hero Honda, Asian Paints, Idea Cellular, IMRB, Bank of America and ICICI Prudential also recruited again this year. Some of the profiles offered were in the area of Equity Research, Product Management, Brand Management, Investment Banking.

Dr. Sanghi added details about the statistics of PGDM Placements for the batch of 2006-08: -

The average package jumped to more than Rs. 8.0 Lakhs per annum while the highest package was offered by the international recruiter Jumbo Group, Dubai at Rs. 26 Lakhs per annum. The highest domestic offer is Rs. 11 Lakhs. In keeping with past trends, engineers and non-engineers fared equally well. The laterals of the batch also performed well with their average package being more than Rs. 9 Lakhs per annum.

Concluded.