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MBA Placement 2008 | Jamnalal Bajaj Institute of Management Studies, Mumbai

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Placement 2008

 Jamnalal Bajaj Institute of Management Studies, Mumbai 

JBIMS-Mumbai Witnesses Whopping 100% Rise in No. of I-Banks on Campus for Final Placements

'Dream a dream. Hold the vision. Create the reality!'

This sums up the executive placements at Jamnalal Bajaj Institute of Management Studies for the Batch of 2008.

A whopping 100% rise in the number of investment banks on campus along with a plethora of niche profiles on offer in sectors ranging from Consulting to Capital Markets, Telecom to Media, and Real Estate to Conglomerates, the placements this year saw a new high. The highest domestic salary offered was Rs. 29 Lakhs. With the average salary peaking at Rs 13.84 Lakhs and each student being made 3.08 offers on average, the placements this year are nothing less than scintillating.

Divyesh Sanjana from the Placement Committee said, "A melange of profiles of every possible kind across all sectors and a plethora of offers to choose from, are few of the factors that led to the path-breaking placements for the outgoing batch - precisely the goal we set out to achieve as the Placement Committee at JBIMS."

However, it is not the soaring salaries, but the choices and focus on profiles students have that makes this year's placements so unique. A striking example of this trend was Anand Patil, from the Finance Batch who grabbed an offer from Yes Bank as a Senior Manager for their Investment Banking Division. "Challenges in a young organization are something I look forward to and aligning my growth story with that of the organization will give me a great amount of satisfaction," says Anand, who also had offers from a top consulting firm and a leading MNC bank, along with a pre-placement offer to boot.

This year also saw part-time projects (off-summer projects, a concept unique to JBIMS) getting converted into offers. Arjun Khanna bagged a prestigious buy-side equity research profile with Principal AMC on account of the same. Students bagged offers from companies like Nestle and L'Oreal on the basis of their performance in contests held by these companies.

Investment Banking

It was raining I-banks on campus this year. The number of I-banks visiting campus doubled this year with 17% of the batch taking up this career path. Besides bulge bracket I-banks such as Citigroup (for their Global Markets Division) and Morgan Stanley Investment Bank, top I-banks such as Avendus Capital, Enam Securities, ICICI Securities, JP Morgan Chase and SBI Capital also made offers this year.

"Given the current tumult and volatility in the capital markets around the world, I'm looking forward to working in such a dynamic environment. Our focus on profiles and knowledge of the markets has been well-appreciated by the corporates this year," says Rahul Malpani, who has been placed with Avendus Capital.

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