Where do Top B-schools stand on Placement? Read MBAUniverse.com Placement Report 2012

May 15, 2012 - PRLog -- Where do top B-schools stand on Placement statistics? What is the annual average package at Top B-schools and what is the Offer per Student?

The wait is over! MBAUniverse.com Placement Report 2012 brings complete analysis of placement 2012.   As most of the Top B-schools conclude their respective Final Placement for the batch of 2010-12, MBAUniverse.com Placement Report 2012 brings annual Average Package, Total Offers, Top Companies and other key highlights at Top B-schools this year. The report and analysis is based on the information shared by the Top B-schools in India with MBAUniverse.com.

The report also carries complete analysis including sector-wise distribution of the students at Top B-schools in its separate report on each of the institutes. The report on Placement 2012 of top B-schools, however, excludes Top IIMs which did not share key information on their placement this year citing policy constraints.

According to the placement report shared by top B-schools, students at Faculty of Management Studies, DU, New Delhi received an annual average salary of 16.34 lakh, closely followed by XLRI, Jamshedpur where students of the graduating batch received an annual salary of Rs 16.28 lakh per annum.

The average annual salary at S P Jain Institute of Management and Research (SPJIMR), Mumbai was Rs 15.46 lakh and that of Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai was Rs 14.9 lakh.

While average annual salary offered at Management Development Institute (MDI), Gurgaon was Rs 14.28 lakh, students at Department of Management Studies-IIT Delhi received an annual average salary of Rs 13.08 lakh.  Students at Narsee Monjee Institute of Management Studies (NMIMS), Mumbai also received an average annual salary of Rs 13.04 lakh.

According to Placement Reports shared by the new IIMs with MBAUniverse.com, while there has been a marginal increase of about 7 to 10 per cent in the average salary package at Top B-schools this year including established IIMs, the new IIMs have come banging in their very first placement season despite a slow economy.

The average annual package at the new IIMs stood very close to the compensation offered at the top B-schools. While students at IIM Ranchi received an annual average package of Rs. 13.60 lakh, IIM Rohtak recorded an average annual salary at Rs 12.22 lakh, as compared to an annual salary of Rs. 13.04 lakh and Rs. 14.90 lakh at NMIMS and JBIMS respectively. The average annual package at IIM Raipur also stood at 12.94 lakh.

Exhibiting confidence in the new IIMs, top companies like YES Bank, Citibank, HSBC, HDFC, ING Vysya Bank, RBI, Maruti, Tata Steel, United Spirits, Titan, Ernst and Young, Jindal Steel & Power, Tata Motors, BPCL, Cognizant participated and recruited bright talents from the very first graduating batch of the new IIMs.

The MBAUniverse.com Placement Report 2012 also brings complete analysis of placement 2012 of some other top B-schools including Symbiosis Institute of Business Management (SIBM), Pune; Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai; International Management Institute (IMI), New Delhi ; Institute of Management Technology (IMT), Ghaziabad; T. A. Pai Management Institute (TAPMI), Manipal; FORE School of Management, New Delhi; and Birla Institute of Management Technology (BIMTECH), Greater Noida.

According to most of Top Directors and Deans of Top-B schools MBAUniverse.com spoke to, Placement 2012 was “quite satisfactory” and “smooth” despite apprehensions of declining number of recruiters.

“In spite of the paralyzed economy the offers made to the highest ever batch size of IIM Kozhikode enjoyed the trust from India Inc,” said Dr. Debashis Chatterjee, Director IIM Kozhikode.

Fr E Abraham, Director, XLRI, said that the placement in the institute remained unaffected from the slowing economy. “There is always a demand for quality people in market. We, at XLRI, are proud to train students who become highly productive for the organization they work in,” he said.

Dr. Rajan Saxena, Vice Chancellor, NMIMS Mumbai, said “Even though the industry was cautious in its outlook towards recruitments this year, it reposed its faith in the MBA students of NMIMS by continuing to offer them coveted profiles across functions and domains.”

Log on to http://www.mbauniverse.com/b_School_placements_2012.php for complete analysis of placement 2012.  

Stay tuned to MBAUniverse.com for more updates and trends on Placement 2012 at Top B-schools.