The average salary offered at the placements at IIT Kharagpur, Vinod Gupta School of Management, (VGSOM) this year jumped from 6.12 lakhs per annum to 7.06 lakhs per annum. The highest salary offered was 9 lakhs per annum and the minimum was 4.51 lakhs per annum. The median figure stood at 6.74 lakhs per annum.
The jobs on offer spanned across varied industry domains. While consulting companies such as PriceWaterhouseCoopers, Accenture, A. F. Ferguson, Bristle Cone made several attractive offers, biggies from the IT/ITeS sector such as IBM, Wipro, Infosys, Mindtree, HCL, Hexaware, Progeon, Tata Technologies also made their presence felt by selecting the candidates in significant numbers. A sizeable number of students had an offer in hand even before placements began through PPOs.
An encouraging trend was witnessed this year with companies from the sunshine financial services sector such as Citigroup, ICICI Bank, Citi Financial, SBI Caps, HSBC Analytics, SBI etc. taking in several people from the college. Prominent job-offers for the evergreen marketing and operations sector were from ITC, Tata Motors, Voltas, Maruti, Haier, Bajaj Auto, and Ashok Leyland. Tata Motors & Haier also selected candidates for the Human Resources function. Process is underway for foreign placements as well; seven students are in the process of being recruited by three global majors.
Placements for the summer training and dissertation programme for first year students have also started with first timers such as Hindustan Lever Limited, Yahoo, Voltas, Arvind Mills, Wipro Flextronics, Apollo Health, PFC, I-Gate, Patni and traditional organizations like PwC, ITC, Tata Motors, Maruti, Amul, e-Serve, RBI, Eicher Motors already having completed the process. Other well-known companies are scheduled to visit VGSOM in the near future.