IIM Lucknow strikes it rich

SHORT TAKES

Lateral placement process at IIM Lucknow this year saw new records and the emergence of encouraging trends. IT firms, for a change, took a backseat and a whole lot of new companies took over.

Bristlecone, an internationally renowned supply chain consulting, offered senior profiles for people interested in operations and supply chain management.

PWC offered profiles ranging from government reforms and infrastructure programmes to technology advisory services and business solutions.

A significant number of financial firms and banks offered international profiles as well. The median salary was Rs 11.5 lakh per annum, up by almost 30 per cent over last year's average figure of Rs 9 lakh for lateral placements.

NMIMS campus in Bangalore

The Narsee Monjee Institute of Management Studies (NMIMS) is planning to set up campuses in Shirpur and Bangalore. The Bangalore campus will have only management course on offer.

The institute will set up Mukesh Patel School of Technology and School of Pharmacy and Technology management at Shirpur, a tribal area in Maharashtra adjoining Gujarat and Madhya Pradesh.

"The infrastructure provided at Sirpur campus will be on a par with that of the Mumbai campus. There will be around 300-400 seats but fee structure will be far lower than we charge at our Mumbai campus," said NM Kondap, Vice chancellor, NMIMS.