SIIB PLACEMENTS

Placement for the Class of 2007 at SIIB was a resounding success. The placement week was in first week of December’06 and in this period 112 students of MPIB were placed in 34 companies. Similarly 43 students of the MPABM program were placed in 11 companies. It must be highlighted here that a total of 69 companies had registered for the final process of MPIB and this figure stood at 22 for MPABM. Needless to say many of these companies had to leave empty handed.
As per the college policy, a survey was done amongst the final year students to know their sectoral preference in which IT/ITES and BFSI were the top draws. So the final line up of companies was skewed towards IT and BFSI. The major recruiter this year included
IT/ITES - Covansys, IBM, HP, Infosys, Wipro, i-Flex and Infosys BPO
FMCG – L’Oreal, ITC, SAB Miller, Asian Paints, Nerolac
Research and Consulting – Accenture, Deloitte, IMRB
BFSI – GE Money, HDFC Bank, Citi Group, ICICI Bank, Irevna Research, IDBI Bank, ICICI Prudential Life Insurance, Kotak Mahindra Bank
Services – Thomas Cook, VFS
Manufacturing – Trident, Sterlite, John Deere
Agri Business – Monsanto, DSCL, HyperCity

In terms of numbers, IBM and Trident each picked 9 students from IB batch and Monsanto picked 4 students from ABM batch

As far as the statistics go, the highest salary was 11.75 lakh/pa for laterals and 10 lakh/pa for freshers for the IB batch. For the ABM batch the highest salary was 7.6 lakh/pa for freshers.
The average salary for the IB batch showed an increase of 30 % over the previous year. It stood at 7.55 lakh/pa as compared to 5.8 lakh/pa last year. Median salary stood at 7.20 lakh/ pa.
The average salary for the ABM grew by 49 % to 5.20 lakh/pa from previous year’s 3.5 lakh/pa. The median salary for the ABM batch stood at 5.05 lakh/pa.

The bigger picture this year however is not in figures. This year excellent profiles were offered to students. Apart from International Marketing and Supply Chain which is what SIIB is known for and which is what ITC-IBD, VFS, Ceat, Sterlite offered, students also got profiles as diverse as Corporate Finance, Domain Consulting, International Market Research, Product Development, Derivative Trading, Equity Research, Wealth Management, Treasury Management as well as core Sales and Marketing profiles. Also three excellent international business offers were made in manufacturing sector.

This year’s placement record reinforces SIIB’s place amongst top B Schools in India