Posted on: June 22, 2012
The latest results of the Kirloskar Institute of Advanced Management Studies (KIAMS) 2010-2012 placement process again show that its students are in high demand by corporate houses. The highest salary offered amounted to Rs 8.47 lakhs, with the average being Rs 4.23 lakhs.
As of May 31st, a wide range of businesses had snapped up members from both the Harihar and Pune locations to serve in the areas of finance, marketing, operations, human resources and information technology.
Banking, finance and knowledge process outsourcing companies led the way, hiring 24 of the graduates, followed by consultancy firms hiring 22 and the engineering/automobile sector hiring 14.
Eleven graduates were hired in the retail/real estate sector and seven in information technology.
Federal Bank hired eight graduates in the field of marketing; followed by HCL Infosystems and ICICI Securities, who hired four each in marketing and Ikya Human Capital Solutions Pvt. Ltd. who hired four in the human resources sector.
Some other organisations included Ashok Leyland, Capital IQ, Smart Cube, Fractal Analytics Ltd., American express, Pepsico, Schindler and Kimberley Clark, among others.
Good numbers of recruiter have shown faith and believe in KIAMS by repeatedly visiting for campus recruitment process for many years-
Mafoi is visiting since last eight years, Ashok Leyland, Genpact and HCL since last five years, IKYA and Drishti since last three years and IREVNA visiting since last two years.
First time recruiters are-
Capital IQ, Allied Digital, 99acres.com, American Express, Fabtech,Fractal Analytics, Integreon, Kama Sachacter, Walkwater,Optimus Global Services Ltd. and Cipy Polyurethane.
“We were a little worried about the success of the placement exercise this year, as market share, overall production and business sentiment has nose-dived in recent months,” said Debapriya Waddadar, who was placed with HCL Infosystems , “but thankfully we have survived all the odds. The credit definitely goes to KIAMS‘ past track record of providing the best talent in the industry.”
Rajesh Dixit, KIAMS officer in charge of placement, said: “Despite unfavourable market sentiment, the conversion rate has been satisfactory in many sectors and we are happy with the results. The pay packages are really handsome, considering the overall economic situation.”
Highlights of placements as on May 2012 are:
Average Salary – Rs. 4.23 lakhs per annum
Highest Salary – Rs. 8.47 lakhs per annum
Median Salary – Rs. 4.00 lakhs per annum