Driven by this motto, the Placement Cell at K. J. Somaiya Institute of Management Studies and Research (SIMSR) brought about a paradigm shift in the results of the campus placement program for the class of 2006 by reaching new heights not only in terms of avg. salary offered but also in attracting companies of repute across most sectors of industry. The avg. salary for a batch of 250 students shot up from Rs. 3.89 lac/annum to Rs. 5.45 lac/annum signifying the quantum jump of SIMSR into the league of premier B-schools of India . The year 2006 also saw one International Placement offer from Kotak Securities, continuing the trend set in the year 2005.
Companies of repute such as Accenture, HP, J P Morgan Chase, Asian Paints, DSP Merrill Lynch which visit only top B-schools of the country participated in SIMSR’s Campus Placement program this year and acknowledged the talent, each one recruiting 2 or more students from the campus. The highest salary of 8.2 lac/annum was offered by Patni Computer Systems for the profile of Business Analyst (5 offers), while the next best of 7.25 lac/annum was offered by Accenture (7 offers) for the role of Domain Specialist and Business Analyst. Infosys, which visited the campus for the first time, showcased immense faith in the quality of students by making 13 offers and emerging as the largest recruiter this year. In all, 78 companies participated in the campus placement program with an average of 4 offers per company.
Campus Placement 2006 – Statistics
| Total students: | 250 |
| Companies on campus | 78 |
| Total no. of Pre-Placement Offers | 10 |
| Total no. of Lateral Offers | 15 |
| Total no. of International Placements | 1 |
| Highest Salary (Rs. In Lac/annum) | 8.2 |
| Average Salary (Rs. In Lac/annum) | 5.55 |
| Median Salary (Rs. In Lac/annum) | 5.02 |
| No. of offers with >= Rs. 6 lac/annum | 37 |
Various companies across the major industry sectors that recruited students this year include:
Consulting: Fractal Analytics, A. F. Fergusson, Marsh, Bristlecone
IT/ITES: Accenture, HP, Infosys, E-clerx, Ingram Micro, HCL, Satyam Computers, Patni Computers, TCS, Oracle India, Ramco Systems, GTL, Mastek, L&T; Infotech, Sonata Software, Syntel
Banking & Financial Services: DSP Merrill Lynch, J. P. Morgan Chase, Citi Financial, HSBC GTC, GE Money, ICICI Bank, HDFC Bank, HDFC Ltd., B&K; Securities, Kotak Securities, Fortis Securities, E-serve, IRIS, CARE, CRISIL, First Global, Keynote India, India Infoline, ING Vysya Bank, UTI Bank, VFS
Insurance: ICICI Prudential Life Insurance, ICICI Lombard, HDFC Standard Life, HDFC Chubb, IFFCO TOKIO,SBI Life
Consumer Durables: Asian Paints, Goodlass Nerolac, Godrej & Boyce
Media & Advertisement: Zee Telefilms, Radio Mirchi (ENIL), Leo-Burnett, FCB Ulka, Madison, Direm
Logistics: DHL, TNT Logistics
Others: Mckinsey Knowledge Centre, Mahindra & Mahindra, TATA Motor Finance, SKF, VSNL, Nicholas Piramal, ITC Wills Lifestyle, Pantaloon, A. C. Nielsen Base, ORG-IMS, IMRB, B. P. Ergo, Bharat Bijlee, Atul Ltd., Bombay Dyeing, Torrent Group