Placements pick up

Updated on: Wednesday, March 17, 2010

Kolkata: Placements have picked up at ISB&M Kolkata for the current academic session – 2009/10.

The institute has already placed about 50% of its second year students, who will be graduating in end-March 2010, and over 65% of its first year for their summer internship programme, which commences in the first week of April.

Many companies had recruited summer interns last year from ISB&M Kolkata have demonstrated their confidence in the Institute’s students by upgrading their relationship to final placements. These companies are Eveready Industries, BOC India (formerly Indian Oxygen), SREI Infrastructure, Fi-Tek and Edelweisss Capital.

Another welcome sign of the increasing confidence that corporates are placing in the Institute is that many companies have decided to recruit students from the institute for the first time in its history. Companies in this group include Deutsche Bank, Pepsi, Puma, Perfetti Van Melle, Phillips Carbon Black, Matrix Cellular, L&T Infotech, Syntel, Amba Research, Macmillan India, Lisa Home Solutions, Raymond, Reserve Bank of India, Tata Steel Processing and Distribution (formerly Tata Ryerson), Tata Tea, Tata Diesl, CB Richard Ellis, Bricks Realty, and Infiniti Research.

A major breakthrough during the 2009/10 placement season is that the institute has secured its first ever overseas placement-in G-Hanz, a German consumer electronics company. The selected students will be posted in Dubai and Bangladesh.

The average salary, on CTC basis, and including the variable component, is Rs 5 lakh plus per annum, and the highest salary is Rs 9.4 lakh per annum.

Prof Gautam Ghosh, director of ISB&M Kolkata, remarked: “The placement scenario is definitely upbeat, and, barring unforeseen circumstances, the final placement process should be completed by mid-April, and summer placements by end-March 2010.”

Placements pick up

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