The average salary offered to girls was 9.5 lacs p.a. whereas the guys in the batch managed to get an average salary of 8 lacs p.a., with 14 girls in a 122 strong batch
Here’s a snapshot of Final Placements for the Batch of 2006:
Sandstone Capital, a Hedge Fund made 1 offer
Millionaires Club – More than 10% of the batch will start off with a 7 figure salary
Banking and Financial Institutions alone recruited 37 % of the batch, with 51% of the Finance batch getting their dream profiles in this sector
Intel Corporation, Dupont, IDFC, Bristlecone, Adventity, ING Vysya Bank, Hindustan Times, were first time recruiters at Bajaj
ICICI Bank emerged as the biggest recruiter making 10 offers in all
Standard Chartered Bank made 7 offers including 2 PPO’s
12% of the batch had already secured Pre Placements Offers and hence were not available for the companies
Students showed preference for profiles over salary, a trend prevalent last year as well
7 students got lateral placements from companies like Intel Corporation, Johnson & Johnson Medical, IBM Consulting, Godrej Industries and Infosys Technologies, among others
Here’s the story sector wise:
Consulting :
Banking & Financial Institutions
Sandstone Capital with its lone offer marked the entry of Hedge Funds at Bajaj. ICICI Bank made a total of 10 offers. Standard Chartered Bank made a total of 7 offers, including 2 PPO’s. The unassailable bond which Bajaj has with Citibank was further consolidated with the latter extending 2 PPI’s and making 2 final offers on campus for its coveted ‘Management Associate” Program. HSBC bank which returned to campus after a year, made a total of 3 offers. IDFC made its debut on campus and made 2 offers for niche profiles. ING Vysya Bank visited campus for the first time and made 1 offer. UTI Bank recruited 5 students. ICICI Lombard, ICICI Prudential turned out to be big recruiters on campus. Other regular recruiters included State Bank of India, Kotak Mahindra Bank among many others.
FMCG
The FMCG sector was well represented by regulars like HLL, ITC, Colgate Palmolive, Britannia, Dabur, Godrej among many others.
HLL recruited 1 student for its Business Leadership Training Program. Coca Cola made 1 Pre Placement Offer. ITC made 2 offers to the Marketing Batch. Colgate Palmolive made 1 offer. Britannia made 1 offer in Sales & Marketing. Dabur, the fastest growing FMCG recruited 2 students. Perfetti returned to campus after a considerable gap and recruited 1 student.
IT
Others
Placement Statistics:
No of companies who registered for the process |
117 |
No of companies who got to recruit students |
58 |
No of students to be placed |
122 |
No of offers made |
247 |
Offer per student |
2.02 |
No of PPO’s |
15 |
Percentage of the batch which got placed |
100% |
Highest Salary |
14 + Lacs p.a. |
Average Salary |
8.17 Lacs p.a. |
Median Salary |
8.25 Lacs p.a. |
Sector |
Avg Sal* |
Highest Salary* |
Consulting |
10.25 |
14.00 + |
Banking & FIs |
8.25 |
10.00 |
FMCG |
8.00 |
9.63 |
IT |
7.20 |
9.10 |
BPO/KPO |
8.45 |
9.00 |
Telecom |
8.10 |
8.25 |
Others |
7.89 |
12.35 |
*All Salary figures above in Lacs per annum