Current Placement Scenario

Placement Update 2017-19


 

Birla Institute of Management Technology (BIMTECH) had a very encouraging & successful first round of placements phase which span for two months starting in the first week of November, 2018. The leading corporate entities from Information & Technology (IT),  Banking, Financial Services & Insurance (BFSI), Retail, Consultancy, Manufacturing and FMCG Sectors made visit to the campus & recruited students for their future  management pool. .

As compared to last year, number of offers for the first phase which ended in December 2018 rose from 252 last year to 321 this year out of the total batch of 420 , there by showing a very satisfactory growth of over 27% in job offer. This also brings the placement percentage figure of over 75% by this time. The number of corporate houses visiting the campus in the first phase also rose from 40 last year to 63 this year, showing a jump of over 39%.

The second phase would be starting after January 15th, 2019 & a good number of companies are lined up for the process.

The average or mean compensation package so far is at Rs 8.20 lakhs per annum (CTC) against Rs 7.62 lakhs of last batch (2016-18). The corresponding median salary has also risen to Rs 8.50 lakhs per annum this year so far against Rs 7.80 lakhs per annum of last year.

The recruitments at BIMTECH this year were led by Information & Technology (IT) and Banking, Financial Services & Insurance (BFSI), Retail, and Consultancy which together formed 70 per cent of the total placements in the first phase. Apart from them, firms from sectors like automobile, analytics, consumer durables, manufacturing, FMCG, e-commerce, logistics, real estate, consulting participated in the placement process.

Some of the major recruiters included, Accenture, Infosys, Wipro, Newgen, Birlasoft, HCL Technologies, ATOS Syntel, HDFC Ltd., HDFC Bank, Capital First, Sapandana Sphoorty, SBI Cards, Bajaj Finance Ltd, Federal Bank, RBL Bank, MARSH Insurance Broker, SBI General Insurance, Bajaj Alliance General Insurance, Iffco Tokio General Insurance, Star Union Dai-Ichi, Aditya Birla Collective, Reliance Trends, ALDO, Charles & Keith, JLL, Baby Shop (Landmark Group, Dubai), Kaya Ltd, ABFRL, Pepperfry, TATA CROMA, New Balance, Maruti Suzuki Ltd, Mahindra & Mahindra, Hyundai, JK  Papers, Voltas, E Com Express, Adani Ports, among others.

In terms of profiles, BIMTECH saw offers for roles like Analyst, Senior Analyst, Business Analyst, Financial Analyst, Credit Analyst, Associate Consultant, Risk Consultant, Digital Marketing Analyst, B2B Sales, Product Manager, Manager - Customer Service & Brand Development, Sales Manager, Process Manager, Relationship Manager, Store Manager Assistant Manager – Quality Assurance / Marketing, TSN – Key Accounts, and Finance Controller etc.

At BIMTECH the placements have seen a boost from successful stint of students at summer internships leading to improved pre-placement offers (PPOs) as well as alumni involvement. PPOs at BIMTECH have risen by 50 % over last year.

The summer internship process is also going side by side & the institute saw companies like VIP Industries, MARSH, TVS & Sons, E & Y, Mahindra & Mahindra, Titan, Arvind Lifestyle, Future Generali, Kotak Securities, Bata  among others to offer  summer placement to our students.

 

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