CoolAvenues B-schools Placements Survey 2011

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Editorial

B-Schools that fared well in Placements 2011 Placements 2011 extends indefinitely at IIM Ahmedabad Page 3 Finance continues to be major recruiter, consulting follows Page 3

B-School Placements 2011 Highlights Page 5 XLRI Placements 2011: 25% batch placed in marketing Page 6 Sketching Placements 2011 at SJMSOM IIT Bombay Page 7

Statistical Data from 23 B-schools

Function wise placements data of IIM Page 9 Placement 2011: Function wise Split Non-IIM B-schools Page 9 Overseas Placements at IIM Page 10 Overseas Placements at Non-IIM B-schools Page 11 Pre-Placement offers at IIM Page 12 Pre-Placement offers at Non-IIM B-Schools Page 13 Placements 2011: Indian, Overseas salary details of IIM Page 14 Placements 2011: Indian, Overseas salary details of Non-IIM b-schools Page 15 Top Recruiting Companies at IIM Page 16 Top Recruiting Companies at Non-IIM B-schools Page 18

Class Profile Data of B-schools

IIM Class Profile 2011: Age Composition Page 19 Class Profile 2011 of Non-IIM B-schools: Age Composition Page 20 IIM Class Profile 2011: Educational Background Page 20

Non-IIM B-schools Class Profile: Educational Background Page 21 IIM Gender Profile: Class of 2011 Page 22 Non-IIM B-school's Gender Profile: Class of 2011 Page 22 IIM Class Profile: Pre-MBA Work Experience of 2011 batchPage 23 Non-IIM B-schools Class Profile: Pre-MBA Work Experience

of 2011 batch Page 23

ContentsMint – CoolAvenues.com Annual

Placements Survey 2011

The survey, which is now in its 11th

consecutive year, has covered top ten MBAinstitutes offering two year MBA / PGDBM

program. Page 1

For any query please email at [email protected]



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Preface

I take immense pleasure to present 11th edition of CoolAvenues B-School Placement

Survey 2011 in your hand, which was jointly published by Mint Newspaper (a HT Media

– Wall Street Journal partner) on 22th April 2011.

The published survey at Mint Newspaper covers Placements 2011 extensively at top 10

b-schools around India including IIM Ahmedabad, Bangalore, Calcutta, Lucknow, XLRI

Jamshedpur, JBIMS Mumbai, NITIE Mumbai, SPJIMR Mumbai, IIM Kozhikode and FMS

New Delhi, however online edition of survey covers 33 top B-schools of India (the

survey is available at www.coolavenues.com/mba-placements).

CoolAvenues.com which is one of the most popular website in India for MBA career and

education is carrying out these Placements survey since its inception in year 2000. It first

survey was jointly published by Business Today as the BT-CoolAvenues.com Placements

Survey 2000. This is fifth year is row when Mint published CoolAvenues Survey

(previous ones were published by Business Today).

CoolAvenues.com Placements data is used extensively by corporate / recruiters and

MBA aspirants to make their recruitment and career related choices.

CoolAvenues started in year 2000, gets more than 300,000 visitors every month and is

popular destination for anything related to Management Knowledge / Career /Admissions with all leading corporates as well as B-Schools as its clients.

I am enclosing copy of 2011 & 2010 survey as published in Mint newspaper. In case you

have any query regarding this data or inclusion of your institute in online edition, feel

free to reach me.

Wishing you a great year ahead

Kanika Singh

Editor

[email protected] / [email protected]

+91 120 4355 686

http://www.coolavenues.com/mba-placements



mailto:[email protected]%20/%[email protected]

mailto:[email protected]%20/%[email protected]




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Mint - CoolAvenues.com Annual Placement Survey 2011Mint - CoolAvenues.com Annual Placement Survey for year 2011 is out. The survey,

which is now in its 11th consecutive year, has covered top ten MBA institutes offering

two year MBA / PGDBM program.

The schools covered by survey (order does not specify ranking) are IIM Ahmedabad,

Bangalore, Calcutta, Lucknow, XLRI Jamshedpur, JBIMS Mumbai, NITIE Mumbai, SPJIMR

Mumbai, IIM Kozhikode and FMS New Delhi.

CoolAvenues.com Placement Survey aims to capture the placement process as it

happens at the top schools in India and bring out one of the most important parameterin a B-school life, though many B-schools assert or wish to say that they are not in

Placement business or Job shops. Given the fact that a B-School is all about business

education and the way a value of a company is captured in its balance sheet and profit

& loss account similarly, value of an MBA institute can be judged by the value the

market ( the key hirers) place on the product of a particular institute and for this sole

reason we believe that Placements are the true yard stick to judge a school as no

building / infrastructure / subjective or objective component can do a justice to a

business oriented product the way markets can do. Unfortunately, B-Schools teach this

mantra all time to their students / disciples but forget when it comes applying on their

own.Mint – CoolAvenues 2011 Placements Survey captures specific b-school related data

including profile with minute points such as number of students actually participated,

companies that recruited, Indian and overseas salary details, most popular job stream or

function and number of students placed overseas in order to present a holistic view to

its readers. Placement data of top b-schools was collected and compiled

comprehensively, comparing it with last four years data, starting from 2006.

CoolAvenues.com, which pioneered the concept of Placement Survey in India, has been

conducting placement surveys from last 11 years. CoolAvenues released its Placement

Survey in 2000, which was jointly published by Business Today as the BT-

CoolAvenues.com Placements Survey. This relationship continued for eight years, withBusiness Today publishing jointly- BT-CoolAvenues Placements Surveys from 2000 to

2007. Mint—A Hindustan Times and Wall Street Journal initiative, published the

CoolAvenues Placement Survey exclusively in 2007, 2008, 2009 and 2010. This (2011) is

fifth year in a row when Mint has published CoolAvenues Placement Survey.

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Click here for CoolAvenues – Mint Placements 2011 Survey

PDF 1: Mint - CoolAvenues B-Schools Placements Survey 2011

PDF 2: Mint - CoolAvenues B-Schools Placements Survey 2011

To read Mint epaper click here

About Mint

Mint is a Hindustan Times and The Wall Street Journal collaboration launched on

February 1, 2007. It is an English business daily published from Delhi and Mumbai—the

finance capital of India.

About CoolAvenues CoolAvenues, founded in year 2000, is an MBA community focused website in India

which caters to MBA Aspirants, B-School Students and MBA alumni. It has multiple

channels such as Jobs, Career, MBA Preparation, B-School, Knowledge Zone, Seminars

& Events listing and Café. CoolAvenues main feature has been its coverage of the

placement processes of IIMs and other leading MBA institutes.

B-Schools that fared well in Placements 2011

Reflecting the up-surging economy, not only did IIM prove their potential in getting the

best hires for their graduating batch of 2011, but other reputed institutes did showed up

to the expectations of their students, successfully placing the entire batch—except the

ones who deferred placements in pursuit of independent entrepreneurial ventures.

Some institutes that have been moving up the popularity ladder are – IIM Shillong, DMS-

IIT Delhi, SJMSOM IIT Bombay, IME IIT Kanpur, DoMS IIT Roorkee, XIM Bhubaneswar,

IMI New Delhi, BIM Trichy, Great Lakes Institute of Management-Chennai, TAPMI-

Manipal, and so on.

These b-schools, though missed out in the Mint – CoolAvenues.com B-School AnnualPlacement Survey 2011, are no less when it comes to placements of their students. The

emerging B-schools not just recorded 100% placements; there was also a quantum jump

in salaries and total number of offers. Statistics reveal that these institutes are worth

keeping an eye.

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http://www.coolavenues.com/mba-placements/2011/coolavenues-placement-survey/pdf-2-mint-coolavenues-b-schools-placements-survey-


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IIM Shillong, one of the youngest members in IIM family, is gradually becoming the

preferred choice of aspirants, as market value of students graduating from IIM Shillong

is increasing every year.

So with the Indian economy booming, and Indian management students gettinginternational recognition and acceptance, probably sky is the limit for those who dare to

dream big.

Placements 2011 extends indefinitely at IIM Ahmedabad

The campus placements at Indian Institute of Management Ahmedabad seem to be the

longest ever this year. It is for the first time in the history of this premier management

institute that placements had gone beyond the annual convocation, which was held on

March 26.

If official sources are to be believed, there is just one student left to be placed who has

“specific profile and location preferences”. “There are enough of job offers for this

particular student, but he has his own career choices,” said Prof Saral Mukherjee,

faculty and placement committee chairperson at IIM-A. “IIM-A is providing all kind of

infrastructural support to this student, but at the end of the day IIM-A is not a

placement agency,” added he.

According to Prof Mukherjee, “The placements were much better this year and there

were many job offers."

The final placement process at IIM-A began on February 12 as a cohort based placement

process—spread across four cohorts after which it was converted into a rolling process.

Prof Mukherjee said, "Placements will continue till three months after graduation or till

all students are placed after which we will release final details of placements.”

Also 12 students of the post-graduate programme in management for executives (PGPX)

are yet to be placed. “You look at the placement data of top b-schools overseas and you

will know that the placement for executives continue till three months after graduation

and it is not just a case with IIM-A alone,” asserts Prof Mukherjee.

According to a formal PGP placement release, IIM-A will be releasing placement

statistics within 3 months of convocation. The report will be as per the Placement

Reporting Standards proposed this year by IIM-A.

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Placements 2011: Finance continues to be major recruiter,

consulting follows

The economic turmoil has slowly and completely vanished from the economic circles of India increasing total number of offers, recruiters, salaries, new recruiters and what not

at b-schools campus placements.

Unlike in the past years, when economic recession had hit the world, most of the

companies shedding their workforce to cut cost, finding recruiters for campus hires was

a tough nut to crack. And even if b-schools managed to have some, the pay packages

were not as alluring as they had been always.

When the whole world was suffering from recession, if there was something which

managed to survive its buoyancy was the finance sector. This year too finance continued

to be the major recruiter during final placements 2011 at b-schools around India.

Major finance companies like Goldman Sachs, Nomura, JP Morgan Chase, Religare, SBI

capital, American Express, Standard Chartred, ICICI Bank, Axis Bank Barclays Capital, Citi

Global, Deutsche Bank, HSBC Global, BofA-Merill Lynch, Morgan Stanley and Olam

International among others recruited in good numbers.

Many finance companies also offered roles at international locations like Singapore,

London, Hong Kong, New York, Dubai.

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Finance firms dominated placements at IIM Bangalore recruiting 36 per cent of the total

batch of 348 students, 31 per cent at IIM Calcutta, 32 percent at IIM Kozhikode, 41 per

cent at IIM Shillong, 36 per cent at JBIMS, 33 per cent at IIT Delhi and 33 per cent at FMS

Delhi. It also dominated the campus recruitment at other IIMs and b-schools.

The next top runner in terms of campus recruitment was consulting firms. Consulting

majors like BCG, Bain & Co, AT Kearney, Accenture Business Consulting, Cognizant

Business Consulting, TCS and Essex Lake group among other recruited in good numbers.

Global consulting firms felt their presence at campuses around India, offering roles at

international locations like Singapore and Sydney.

Another most preferred sector was marketing/ sales/ advertising. Marketing firms

recruited 33 per cent of batch of 203 students at FMS Delhi and 32 percent at BIM

Trichy.

B-School Placements 2011 Highlights

It has been an excellent placement season at Indian Institute of Management Lucknow

with total number of offers made reaching an all time high at 528, including pre-

placement offers, lateral offers and offers made during final placements.

This year, the number of offers per student for a batch of 365 students who participated

in placement stood at 1.45. However, last year the figure was some where around 1.2

with a comparatively smaller batch size of 315 students.

A whooping 206 recruiters had visited IIM-L campus for recruitment, while the figure

was much lower last year with 121 recruiters visiting campus. The number of recruiters

at IIM-L this year is the highest across all IIMs.

Institute Total Recruiters

IIM Ahmedabad 120

IIM Bangalore 135

IIM Calcutta 138

IIM Indore 100

IIM Kozhikode 110

IIM Lucknow 206

IIM Shillong 24

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If IIM-L had topped the list in terms of number of offers and recruiters, IIM- Bangalore

had made it big in overseas placements. The total number of overseas offers made to

IIM-B students this year is 74—the highest across all IIMs (the placement data of IIM-A

has not been released yet). IIM Calcutta closely followed IIM-B with 64 international

offers. In 2010, IIM-C had placed 17 students at international locations.

A post graduate degree in management is usually considered a sure shot route to

success—success in terms of high paying salary packages. FMS New Delhi, JBIMS

Mumbai and XLRI Jamshedpur had made it big in terms of average salary offered to the

batch of 2011. The average salary offered by recruiters was above Rs. 15 lakhs at these

b-schools. However, NITIE Mumbai, FMS New Delhi and XLRI Jamshedpur have topped

the list in term of salary offered to students placed overseas. The highest international

package offered at NITIE and FMS is US$ 150,000, while XLers grabbed US$ 120,000.

Name of the institute Average package

offered

Highest package

offered

XLRI Jamshedpur 15.5 30

FMS New Delhi 15.4 26

JBIMS Mumbai 15.54 26

SPJIMR Mumbai 14.07 23

IIM Indore 14.06 32

*(The order does not illustrate any ranking)

Overall, it was raining jobs and high pay packages at b-schools around India, depending

on school’s popularity index.

XLRI Placements 2011: 25% batch placed in marketing, ICICI top

recruiter with 21 offers

Year 2010 marked beginning of the resurgence with Final Placements at b-schools

around India retaining a positive response from the recruiters. This year too final

placement at XLRI Jamshedpur saw a keen participation from the industry.

Class of 2011, with a batch size of 240 students, was placed successfully in less than four

days. The number of recruiters visiting XLRI for campus placement this year saw a 45

percent increase over last year with 109 recruiters—including lateral and final, making

317 offers, i.e. 1.32 offer per student, the highest ever in the history of XLRI. The

number of offers per student in 2010 was 1.2.

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Sketching Placements 2011 at SJMSOM IIT Bombay: 10.2% hike

in total offers, average salary rises

Final Placements 2011 at Shailesh J. Mehta School of Management, IIT Bombay

concluded successfully placing 94 students from a batch of 96 students, as two studentsdeferred their placements to follow other career options.

This year, 62 recruiters had visited SJMSOM IIT Bombay for campus recruitment. The

recruiters made 119 offers to the 94 students who participated in the placement

process, making 1.27 offers per student. In 2010, the total number of offers made was

108, in 2009 it was 72.

The average domestic salary had also increased from Rs.10.28 lakhs in 2009 to Rs.13.87

lakhs this year, highest being Rs.20.5 lakh per annum.

The lateral placement process kicked off in the month of December as a rolling process

at SJMSOM IIT-B and the final placement process happened in the month of January was

a day process. Out of 17 Pre Placement Offers, 15 students accepted offers to join their

summers recruiting company.

Procter and Gamble, Deloitte and Accenture were the top recruiters this placement

season with 7 offers each, closely followed by ICICI and Yes Bank making 5 offers each.

Consulting had been an all time favorite of students at SJMSOM IIT-B. This year, 27 per

cent of the batch got placed in consulting sector—in 2010, 26 per cent had opted for

consulting roles.

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Students had various consulting roles from the likes of Ernst & Young, KPMG, PwC,

Accenture, Deloitte, Capgemini Consulting, Avalon Consulting, Bristlecone, Cognizant

and Global eProcure.

The second top recruiting sector at SJMSOM IIT-B is Banking and Financial Services with

22 percent of batch opting for it. The BFSI sector is represented by domestic and

multinational giants like JP Morgan Chase, Citibank, Nomura, CRISIL, JM Financial, HSBC,

ICICI, Yes Bank to name a few.

Sector % of batch placed

Banking / Financial Services 22

FMCG 20

IT / Software Services 15

Engineering / Diversified (Manufacturing) 14

Others (Telecom, Logistics, Media) 2

There is a remarkable rise in the number of Leadership & General Management profiles

being offered to the students. An increasing preference to profiles and growth prospects

over the pay packages is seen among the students.

Placements 2011 Data of B-schools

Function wise placements data of IIM

Note: -

The Institute name order does not indicate any rank whatsoever.

Function-wise placement details have been provided by the institute and have

not been verified with Recruiters.

The data included in the survey is only for the flagship programmes of the

institutes.



© CoolAvenues.com

Placement 2011: Function wise Split at Non-IIM B-schools


Function-wise placement details have been provided by third party and have not

been verified with Recruiters.

N.A. = Not applicable

Overseas Placements at IIM

Note: -

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Overseas Offer details have been provided by the institute and have not been

verified with Recruiters.


institutes

Overseas Placements at Non-IIM B-schools

Note: -


Overseas Offer details have been provided by the institute and have not been

verified with Recruiters.


institutes.

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Pre-Placement offers at IIM


Pre-Placement Offer details have been provided by the institute and have not



institutes.

NA: Not Available; ND: Not Disclosed

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Pre-Placement offers at Non-IIM B-Schools


Pre-Placement Offer details have been provided by the institute and have not



institutes.

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Placements 2011: Indian, Overseas salary details of Non-IIM b-

schools


Salary details have been provided by the institute and have not been verifiedwith Recruiters.

N.A. = Not Applicable.

N.D. = Data not disclosed to us.


institutes.



© CoolAvenues.com

Top Recruiting Companies at IIM

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Note: -


Offer details have been provided by third party and have not been verified with

Recruiters.

Here "companies" referes to those companies who registered for the placement

process and recruited students.

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Offer details have been provided by third party and have not been verified with

Recruiters.

Here "companies" referes to those companies who registered for the placement

process and recruited students.N.D. = Data not disclosed to us.

Class Profile Data of B-schools

IIM Class Profile 2011: Age Composition

Note: -


The age details have been provided by the concerned institutes.


institutes.



© CoolAvenues.com

Class Profile 2011 of Non-IIM B-schools: Age Composition

Note:-


The age details have been provided by the concerned institutes.

The data included in the survey is only for the flagship programmes of theinstitutes.

IIM Class Profile 2011: Educational Background

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Note: -


The educational background details have been provided by the concerned

institutes.The data included in the survey is only for the flagship programmes of the

institutes.

Non-IIM B-schools Class Profile: Educational Background

Note: -


The educational background details have been provided by the concerned

institutes.


institutes.



© CoolAvenues.com

IIM Gender Profile: Class of 2011

Note: -


The gender related details have been provided by the concerned institutes.

The data included in the survey is only for the flagship programmes of theinstitutes.

Non-IIM B-school's Gender Profile: Class of 2011

Note: -


The gender related details have been provided by the concerned institutes.


institutes.



© CoolAvenues.com

IIM Class Profile: Pre-MBA Work Experience of 2011 batch

Note: -


The work-experience related details have been provided by the concerned


institutes.

Non-IIM B-schools Class Profile: Pre-MBA Work Experience of

2011 batch



Note: -


The work-experience related details have been provided by the concerned


institutes.

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Mint – CoolAvenues.com Annual Placements Survey 2011 is protected by copyright

laws. Hence, any kind of reproduction—partial or complete, is not allowed by the

publisher.

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