NMIMS MBAs defy global recession- Everybody gets Placement
Once again NMIMS has achieved 100% placement target, even though the global economy was in the midst of recession. This was possible as NMIMS went about identifying and bringing on campus new companies many of whom had never visited B schools earlier. Very early in January the University took a decision to extend the term to April to ensure that all students get placed. Unlike other schools that had the task to place smaller numbers, NMIMS had the challenge to place 417 from the general management and sectoral management. The highest salary this year was Rs.18L and the average Rs.10.20L.
Tweet-- Once again NMIMS has achieved 100% placement target, even though the global economy was in the midst of recession. This was possible as NMIMS went about identifying and bringing on campus new companies many of whom had never visited B schools earlier. Very early in January the University took a decision to extend the term to April to ensure that all students get placed. Unlike other schools that had the task to place smaller numbers, NMIMS had the challenge to place 417 from the general management and sectoral management. The highest salary this year was Rs.18L and the average Rs.10.20L.
The major recruiters from various sectors were Airtel, Vodafone, Essar, Idea from Telecom; ICICI Bank, Citi Bank, Kotak Mahindra Bank etc from the Banking sector; Irevna, Crisil, IFCI, Bajaj Finance, ICRA, Tata Capital, ICICI Pru Life Insurance, Aviva Life Insurance, Bharti AXA, Darashaw from the Financial sector; 3i Consulting, Nodwin Consulting, Gallup Consulting, CRU International, ACH Consulting from the Consulting domain, Agrotech, A. W. Faber Castell (India) Pvt. Ltd, Wipro Consumer Care Ltd from the FMCG sector; manufacturing had representations by L & T, Raychem RPG, Saint Gobain, Schindler India Pvt. Ltd., Croda Chemicals India Pvt. Ltd. This apart from the presence of FINO from microfinance; The Leela, Thomas Cook from Travel & Hospitality; Real Estate & Retail by Knight Frank, HDIL, TATA Croma; IT by Mphasis, HCL and new ventures like Rupee Talk Directi etc.
The most interesting aspect of this placement season was the presence of PSU’s on campus. All major institutions like - IOCL, SEBI, SIDBI, Bank of Baroda, Union Bank of India, Central Bank of India, Bank of Maharashtra; IDBI Cap. etc. recruited in large numbers. This was in addition to the above mentioned private sector companies.
From among the overseas recruiters were Tesco, Protiviti Consulting. Pre Placement Offers were made by leading companies like Nomura India, ITC, HUL, HCCB, Dabur, Marico, GE Corporate, Asian Paints, Godrej & Boyce, Idea, Titan, Zinnov Consulting, RPG, L’oreal, Milliman Consulting, SAB Miller, etc.
With 55% of the batch opting for finance as a specialisation it seemed a difficult task to scout for relevant profiles, given that the finance sector was severely hit globally. However, the BFSI sector showed faith in the capabilities of students and strongly supported by recruiting in large numbers. The positionsoffered to our students were Management Trainee & above and Middle Management positions in Nationalised Banks. The profiles in finance offered range from Project Finance,Loan Syndication,Risk Management,Treasury Operations,International Banking operations,SME Lending to Asset Liability Management.Notes to Editor
About SVKM’s NMIMS University
Established in 1981, as a Management Institute, NMIMS has now transformed itself into a University, with 8 Schools, over 150 full-time faculty members, 42000 books and over 2500 students enrolling every year, transforming from an Institute of single management faculty to a University with many faculty areas. The University is also transforming from a Teaching Institute to Research-Consultancy-Training & Teaching Institute.
NMIMS has taken many new academic initiatives under various Schools like
- School of business Management
- Mukesh Patel School of technology Management & Engineering
- School of Pharmacy & Technology Management
- Balwant Sheth School of Architecture
- School of Commerce
- School of Science
- School of Distance Learning
- Institute of Intellectual Property Studies
Number of innovative Graduate, Post Graduate and Doctorate level programs, meeting the Industry/Business requirement under each school.
Achievements:
- Golden Pecock Award for innovation 2006 & 2007
- BMA Best Management Institute of the Year Award 2004-05 & 2006-07
- BMA Best teacher of Management of the Year Award 2004-05 & 2005-06
- Dr. J J Irani Award for Best Management Institute 2005
- Gurukuljyoti Award for Excellence in Education 2006
- The National Assessment and Accreditation Council (NAAC) has accredited an ‘A’ grade with a score between 85-90%.
- Ranked amongst top 10 B-School in Business Today- Nielsen Best B-School Survey 2007 and Outlook-C fore Best B-School Survey 2007
- Ranked amongst Super League B-School in AIMA-Indian Management Best B-School Survey 2007.
NMIMS also be launching Off-Campus Centres at Shirpur, Hyderabad, Bangluru soon.
For further details please visit www.nmims.edu