MBA Placement 2006 - VGSoM, IIT Kharagpur

Placements for the batch of 2006 at Vinod Gupta School of Management were a phenomenal success and confirmed the growing faith and interest the industry is placing in VGSOM and its students. Premium organizations from the corporate sector descended on the campus and lapped up the students of the class of 2006 in one and half a day flat. Notwithstanding the increased batch size of 85 students (compared to 49 for the preceding batch), the placement figures took a substantial leap. The average salary jumped to 7.06 lakhs per annum from 6.12 lakhs per annum. The highest salary was 9 lakhs per annum offered by Progeon and the minimum was 4.51 lakhs per annum. The median figure stood at 6.74 lakhs per annum. Many companies slotted Day 2 onwards had to return empty-handed.

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; 7 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.