Honeymoon days have once again started for Business School Placements. Gone were those worst days when many top notch business colleges were not even able to place all their graduates.
The testing time seems to have ended and campus recruitment at business schools came close to the 2007-08 booms.
At Top business school in India S P Jain Institute of Management, the average annual salary given during placement is Rs 13 lakh and the average domestic salary for class of 2011 crossed Rs 14 lakh. This year the highest salary on the S P Jain campus placement this year was Rs 23 lakh, offered to finance and information management stream.
Similarly, At NMIMS also the annual placement packages was given around Rs 13 lakh, and the highest salary given is Rs 24 lakh a year. This time entire batch of 390 students has been placed.
This was not the story in year 2007 when NMIMS average campus placement salary was Rs 18 lakh.
Campus Placements for Jamnalal Bajaj Institute of Management Studies (JBIMS )the average annual salary in year 2007 was Rs 12.83 lakh and in year 2008 the average annual salary was Rs 13.8 lakh. This time it has increased to 16 lacs per annum.
There were 100 companies lineup in JBIMS to place 120student.
Top Brands which has visited this time at JBIMS placement are McKinsey, Hindustan Unilever Ltd (HUL), Citibank, Procter & Gamble (P&G), ITC, Nomura, Reliance and Dabur.