T.A. Pai Management Institute, Manipal (TAPMI)

The T.A. Pai Management Institute, Manipal (popularly known as TAPMI) announced today that the Campus Placement for its students who will be graduating in March 2006 was held on the 26th December 2005. In what can be described as a record performance, almost all the students were “placed” within a few hours of commencement of the process. There was a hectic movement of students shuttling between interviews and meeting the different organisations who were on campus. For the first time in its history, TAPMI had adopted a novel incentive to its students, who could make a preferential choice among the companies they would like to accept offers from.

The “boom” in the country’s economy was reflected in the manner and speed with which companies recruited the TAPMI students. A total of 30 companies participated in the campus placement process, and made a total of 145 offers to 127 students. About 15 companies had to return “empty-handed” as there were no takers for them.

The average salary offered this year was Rs. 5.40 lakhs, an increase of 23% over the previous year. The highest salary was Rs. 7.75 lakhs (6.75 in 2004).

Among the large recruiters on campus were Infosys (45), Citigroup (11), ICICI (10), HDFC (9), CRISIL (8), and Wipro (6). Among the industry sectors, IT and Financial Services (including Banking) were the major recruiters.

Some of the companies that visited the TAPMI campus for the first time included Accenture, Godrej & Boyce, HSBC, and Cognizant Technologies.

With this year’s placement achievement, TAPMI feels that it has now set the stage for its future strategic growth plans that will also see a most modern new campus in Manipal.

Source: Prof. S. Balasubramanian, Group Chairman - Industry Interface, T.A. Pai Management Institute