Summer Placements at
SJMSOM-IIT Bombay Get Hotter!
Continuing with its tradition of
breaking new grounds every year, SJMSOM, IIT Bombay had excellent summer
placements this year. Challenging international offers were made to the students
for the first time during summer placements, with banking giant ICICI Bank
and US Technology leading the way.
There was a phenomenal increase
of 80% in the number of companies coming to campus, over the last year.
Interestingly, half of these companies were visiting the campus for the first
time. The highest stipend offered this time was staggering Rs. 1.2 Lakhs
excluding benefits. The profiles offered this time round included Private
Equity, Business Strategy Development in Real Estate, Investment Banking, SCM
and IT, Corporate Finance, Leadership, Treasury, Risk Advisory Services, Sales
and Marketing, etc. First time recruiters included industry bigwigs like
P&G, UBS, HSBC, American Express, HP, Cargill, Coca Cola, Enam, Britannia, and
many more. Companies like GE, Cargill, Marico, L�Oreal and RPG offered profiles
across various domains.
The summer placements at SJMSOM
witnessed enthused participation of companies from varied domains in the
industry, reaffirming the faith the industry has in the school and the quality
of its students. There was an even spread of students across various profiles.
Cargill, an international
giant in the food, agriculture and risk management products and services
business, offered multiple profiles in SCM, Sales & Marketing and Corporate
Finance.
World�s largest cosmetics and
beauty company L�Oreal, which has been a traditional recruiter, offered
interesting profiles in Marketing and Operations. Cadbury, a world
renowned confectionery company, offered profiles in Operations.
Croda International, world
leader in speciality chemicals, Britannia, leading Indian food processing
company, and Godrej Consumer Products, one of the major players in FMCG
sector offered profiles in Sales & Marketing.
E & Y, one of the leading
professional services firm in the world, The Progress Group (TPG),
leaders in Logistics and Supply Chain Consulting, Synovate Business
Consulting, one of the prominent consulting firms, Feedback Ventures,
India�s Leading Integrated Infrastructure Services Company, and strategy and
management consulting firm, Avalon Consulting, offered exciting roles to
the students in the consulting domain.
Reputed global financial services
company, American Express, offered profiles in risk management. Tata
Capital, the financial services arm of the Tata Group, offered multiple
roles including that of Private Equity.
Enam, a leading financial
services provider and ICICI Bank were some of the big names to offer
Investment Banking. Lodha Group and Mayfair Housing, prominent
names in the booming real estate sector offered the niche profile of Business
Strategy Development.
The offer of new, diverse and
interesting profiles by companies which were first time recruiters was received
with great enthusiasm by the students. The entire summer placement process was
wrapped up in just two days with almost all students ending up with the profiles
of their choice. This was despite a 40% increase in the batch strength from the
previous year. For a batch of 74 students, around 42 companies
participated in the process, making it one of the highest company to student
ratio across B-schools. The students were really spoilt for choices.
The entire summer placement
process was a huge success and was greatly appreciated by all the recruiters.
"Smooth process, we were very well taken care of!" said Ms. Persis Desai,
Manager HR, L�Oreal. "We are very impressed with the quality of the
students," said the recruitment team of P&G.
The summer placements process at
SJMSOM can be best summarized by quoting Jack Nicklaus, "Achievement is largely
the product of steadily raising one's levels of aspiration... and expectation."
