The Laterals Process, designed for students with prior work experience, had companies of the likes of IBM, Intel, Computer Sciences Corp., SAP Consulting, Tata Strategic Management Group, Atos Origin, Tholons, Accenture Consulting, Eicher Consulting, SUN Microsystems, Ernst & Young, Cognizant Technology Solutions offering premier job profiles to students of their choice. The profiles ranged from strategy/general management to consulting. 20 percentage of the batch preferred consultancy over other sectors indicative of a trend away from the conventional “industry”. Cognizant lead the bandwagon followed by SAP and IBM
NITIE’s long standing ally FMCG wasn’t to be left behind. It was reinforced by the participation of majors like HLL, P&G;, ITC, Nestle, Britannia, Cadburys, Asian Paints, Marico, Colgate Palmolive and pharma majors like Glenmark, GSK and JnJ. 15 percentage of the batch embraced FMCG and the profiles offered ranged from sales, marketing, commercial and various supply chain functions. HLL made 5 offers across marketing, commercial and IT division followed by P&G; and Nestle.
The Banking, Financial Services and Insurance sector ranked among students’ top preferences with 35 pc accepted offers across companies in this sector. This sector also witnessed a phenomenal increase in the number of jobs and the nature of roles being offered as compared to the last year. Besides top banks like Citibank, Standard Chartered, ICICI and HDFC, this year saw the likes of equity research firms like Irevna also featuring in the students’ favored destinations. GE Money, ICICI Prudential and Kotak Mahindra banks also got good numbers because of the diverse profiles opened up some of which were Relationship Management, Sales and Marketing, Credit Risk, Market Risk, Treasury Operations, Investment Banking Operations. Students responded positively with ICICI, Citigroup, Kotak, ICICI Prudential and Irevna getting good acceptance numbers. One of the students managed to crack the nut of ICICI’s International Banking Group.
The face of emergent India, the Information technology sector had new entrants like Oracle, Sun Microsystems, Computer Science Corp. and favourites Cognizant Technology Solutions, Infosys, Intel, Honeywell, Cypress, TCS and Wipro. The major highlight of this sector was Tata Consultancy Services opening up its Global Consulting and Financial Services consulting division and Oracle offering product sales and was met with an enthusiastic response from the students.
The day has come when the risk to remain tight in a bud is more painful than the risk it took to blossom. Placement 2007 will be remembered with pride for the grit of the batch in sticking to their areas of interest ignoring peer pressure of soaring salaries. Profile and roles offered have beaten salaries to be the differentiator students are looking for. A visibly pleased Associate Dean (Placements) – Prof. Ashok Pundir said “The toast to the phenomenal success of Placements 2007 should go to the determination of students to get into their field of interest and the companies responding positively to it. This year has seen a surge in acceptances in the banking and consultancy sectors. Marketing and Finance as functions have also found growing acceptances among students. I heartily thank our alumnus across organizations that have played a significant role in creating a quality talent pool perception of NITIE in the corporate world.”