In-line with their summer placements, final placements at Mumbai-based Jamnalal Bajaj Institute of Management Studies (JBIMS) also took off at a positive note. The average salary this year stood at Rs 15.54 lakh, 21% higher than last year. The highest domestic package offered by a leading consulting firm is Rs 26 lakh.
More than 100 companies registered for placements and extended offers to 111 students. The institute saw 24% of the 2011 batch get pre-placement offers.
ICICI Bank and Proctor & Gamble ( P&G) were top recruiters with 12 and 9 offers, respectively. Banking and financial services (BFSI), investment banking, consulting and fast-moving consumer goods (FMCG) were favourites with students.
Others from pharmaceuticals, telecommunication, real estate, manufacturing and information technology (IT) space, also extended exciting offers. Companies like Oliver Wyman, Reliance Industries, US-based BTS, Givaudan, Reliance Power, Videocon, Raymond and VIP Industries were new on campus.
JBIMS saw 36% of finance students got placed with BFSI and investment banking companies. Profiles on offer were treasury, corporate finance, merger & acquisition advisory, structured finance, equity research and so on. The likes of Citibank, HSBC, Barclays Bank, Reserve Bank of India, Axis Bank, ICICI Bank JP Morgan Chase, Nomura participated.
Leading consulting firms like McKinsey and Oliver Wyman led from the front. FMCG companies hired 24% of the batch.
Giants like HUL and P&G recruited many sales & marketing and brand management.