The entire batch of Shailesh J. Mehta School of Management, IIT Bombay was handpicked by corporate bigwigs, offering positions across various functions. A total of 52 companies gave 84 offers to the batch of 47 students resulting in an average of 1.79 offers per student. Offers for lateral placements included top-notch profiles like International Sales, Risk Management and Brand Management.
The average salary stood at INR 7.8 lakh for this year. The highest salary offered was INR 11 lakh and the lowest offer stood at INR 5.5 lakh. The median, which gives the true indication of the placements, stood close to the average salary at INR 7.63 lakh.
Companies like TSMG, E&Y;, KPMG, Avlon Consulting, Accenture, Bristlecone, and Mindtree Consulting were in the forefront in offering Consultancy positions. Infosys, IBM, MBT, Wipro, CSC, BirlaSoft, HCL Technologies, Honeywell, MAQ, Ramco, Polaris and many others dominated the Systems domain.
Banking, Finance & Insurance majors like Citibank, HSBC, JPMC, Bank of America, Kotak Mahindra Bank & Life insurance, SBI, Standard Chartered and SBI Caps were major recruiters this time. Marketing, Operations and Strategy profiles were offered by companies like Marico, Oracle, Cadbury, ITC, Colgate-Palmolive, GE, Godrej, ICI, Whirlpool, Tata Motors, Times Group & RPG Group.
New faces on the campus this year were leading KPO companies like Inductis, Aranca, E-funds, Progeon, Adventity, Fractal, Dell International, Clear Capital, and Evalueserve among others. Results for foreign offers are awaited.