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91 offers in two days at IIM-C’s placements

91 offers in two days at IIM-C’s placements
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First Published: Sun, Mar 07 2010. 10 46 PM IST
Updated: Sun, Mar 07 2010. 10 46 PM IST
Kolkata: Barely two days into final placements, more than half the students of the class of 2010 at Indian Institute of Management, Calcutta (IIM-C) have received job offers from domestic and international recruiters.
Slot Zero, or the first two days of the final placement process, saw IIM-C students receiving at least 91 offers, according to a statement released by the B-school. The placement process was still under way for at least three more companies when the statement was received.
Along with pre-placement and lateral offers, the total number of offers received so far stands at 216.
“There would be some overlapping with students receiving multiple offers, but we expect around 160 students to move out of the placement process by tonight,” said Samyukktha Thirumeni, external relations secretary at IIM-C.
The institute is placing a batch of 287 students this year. Accenture was the biggest recruiter during Slot Zero this year, having made 11 offers to IIM-C students.
Leading recruiters such as the Singapore government’s investment arm Temasek Holdings Pte Ltd and Tata Administrative Services (TAS), which grooms managers for the Tata group, made the highest number of offers at IIM-C, across all B-school campuses, the statement said.
“TAS is a unique employment brand which recruits young managers…and grooms them into leaders. We are happy that this year 17 students from IIM-C will experience the comprehensive cross-functional and cross-sector training , unique to TAS,” said Rahul Krishna, head of TAS, which was one of the biggest recruiter on Day 2 of Slot Zero, hiring six students in managerial roles. TAS has also recruited 11 summer interns from IIM-C this year.
American Express made six offers on Day 2. The other financial firms recruiting on the day were UK banks Standard Chartered Plc and HSBC Holdings Plc. Consumer care firms that came to the campus on the day included Hindustan Unilever Ltd and Procter and Gamble Home Products Ltd. Mobile-phone maker Nokia Oyj was among the recruiters.
The number of Slot Zero offers made on campus has nearly tripled from last year, when recruiters made fewer job offers and salaries dropped in the aftermath of the global financial crisis. Companies visiting campus made 39 offers during Slot Zero last year.
“The memories of last year are fading away and the future looks brighter. The institute’s performance has exceeded all expectations..,” said Prafulla Agnihotri, professor and chairman of placements at IIM-C, adding that salaries offered until now “are expected to have been 25-30% better than last year”.
aveek.d@livemint.com
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First Published: Sun, Mar 07 2010. 10 46 PM IST