The Indian Institute of Management Lucknow (IIM-L) has wrapped up its higher entry placement process (HEPP), with over 75 firms offering roles across various positions. ICICI Bank led the pack with 22 offers for investment banking, followed by 20 from consulting major Deloitte.
Apart from traditional recruiters like the Aditya Birla Group, Capgemini, Goldman Sachs, L&T, Mahindra & Mahindra, the institute saw international offers from Ernst & Young Dubai, Olam International and HCL.
IIM-L also saw 25 first-timers like the Adani Group, CEB, Ford IT, HP, i3 Consulting, Info Edge, Infomedia, JLT Group, Nereus Capital and Target on its campus.
Students were also offered roles in human resources department from the likes of Glenmark and BA Continuum. Information technology firms like Amazon, Google and Microsoft IDC hired for product management and online sales & operations profiles.
HEPP provides an avenue for recruiters to find a suitable channel for meeting their mid- and higher-level management requirements from the diverse batch of IIM-L. This time, over 50 per cent students at IIM-L for lateral placement were eligible for lateral placement. The average work experience of the batch is 34 months.
JBIMS sees 21% jump in package
Meanwhile, final placements at the Mumbai-based Jamnalal Bajaj Institute of Management Studies (JBIMS) also took off on a positive note. The average salary for this year stood at Rs 15.54 lakh, 21 per cent higher than last year. The highest package for a domestic job — Rs 26 lakh — has been offered by a leading consulting firm. More than 100 companies had registered for placements and extended offers to 111 students. About 24 per cent students of the institute’s 2011 batch have got pre-placement offers.