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This is an archive article published on March 2, 2012

JBIMS placements tap new sectors; marginal dip in average salary

The final placements at Jamnalal Bajaj Institute of Management Studies saw the emergence of new sectors like renewable energy,HR consulting and e-commerce but the average and highest domestic salaries dipped marginally over 2011.

The final placements at Jamnalal Bajaj Institute of Management Studies (JBIMS) saw the emergence of new sectors like renewable energy,HR consulting and e-commerce but the average and highest domestic salaries dipped marginally over 2011. The average went down from Rs 15.54 lakh to Rs 14.9 lakh while the highest salary dipped from Rs 26 lakh to Rs 24 lakh this year.

“The numbers went down slightly due to the difficult economic scenario globally. Recruiters were conservative in their hiring approach. However,placements have been better than anticipated in such tough times. This year,we tapped several new sectors and 22 first-time recruiters. We’ve achieved 100 per cent placements,” said Ankit Rampuria,placement committee member.

As many as 118 students were part of placements this year,which saw the participation of 86 companies. The first-time recruiters included Google,Amazon and Michael Page International. While 33 per cent opted for BFSI (banking,financial services and insurance) and investment banking sectors,24 per cent joined the fast moving consumer goods and pharma sectors. At least 15 per cent got placed in consulting and IT while 18 per cent opted for manufacturing and conglomerates.

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