Good hiring season ahead for JBIMS students

Besides an increase in the number of job offers,the average pay packages have also gone up. “While the average salary last year was Rs 12.83 lakh,it will go up by approximately 15-20 per cent this year. The rise can be attributed to various factors,including the past performance of the alumni in the industry,performance of students in corporate events etc,” she said.

“A good increase in the number of pre-placement offers and pre-placement interviews towards the end of 2010 at JBIMS were also an indication of a good hiring season ahead,” said Chordia.

While students have been spoilt for choice,banking,financial services and insurance and fast moving consumer goods have dominated the scene at JBIMS. “Our institute specialises in finance and marketing. Students too are keen on profiles in areas like sales and marketing,branding,investment banking and corporate finance. There has also been a steep rise in the number of consulting firms on campus. We expect good participation from the IT and manufacturing sectors as well,” she added. Some of the major recruiters this year include McKinsey,HUL,Citibank,Procter & Gamble,ITC,Nomura,Reliance and Dabur.

A similar trend has been observed across all campuses this year. At the Indian Institute of Technology (IIT),Bombay,campus placements that kickstarted in December have seen a substantial increase in the number of job offers as well as salaries. On an average,the salaries being offered by various companies at IIT Bombay has seen a rise of 20 per cent over the last year.