Existing Records Tumble as On-campus Recruitment for Batch 14 of Kirloskar Institute of Advanced Management Studies Reaches Midway
PUNE, India, March 1, 2013 /PRNewswire/ --
Placements Hit a New High at KIAMS
With B-schools across the country anticipating a sluggish, below-par placement in 2012-13, Kirloskar Institute of Advanced Management Studies KIAMS, has yet again bucked the trend. Midway into the placement season, 58 students of the Batch 14 of KIAMS have already been placed. Despite predictions of economic uncertainties looming large, the highest pay package offered has gone up by a whopping 25%. While last year, the maximum package offered was 8.47 Lakhs; this time around 2 students of KIAMS have already been offered packages of 11.70 Lakhs. Both these placements are in Dubai, with Delta Commercial Broker LLC (Citi Bank).
Interestingly, the Banking and Finance (B&F) Sector has emerged as the clear leader in terms of recruiting from KIAMS, already surpassing last year's figures. It may be recalled that in 2011-12, a total of 24 students from KIAMS were placed in the B&F Sector, while mid-way this season, 25 students have already been recruited by this sector almost entirely in November and December.
"It has been quite a revelation," remarked Ms. Shruti Das, Officer of the Placement committee at KIAMS. "Far from any signs of sluggishness, the industry has shown an unusual vibrancy in recruitment as far as KIAMS is concerned. In fact, the first on-campus recruitment happened as early as August 2012. It is a record of sorts. By year-on-year comparison, we are way ahead of the placement schedule."
The companies that have recruited from KIAMS so far have been a fair mix of global corporate giants, and exciting new enterprises working on cutting-edge technologies. Some of the prominent ones are Odessa Technologies, HDFC Asset Management Company Ltd., SmartCube, ICICI Securities Ltd., Idea Cellular Ltd., SBI Life Insurance Ltd., HCL Infosystems Ltd., L&T Infotech Ltd., Bajaj Allianz General Insurance Co. Ltd., 99 Acres, Drshti Strategic Research Services Pvt. Ltd., XL Dynamics, BNY Mellon International Operations (India) Private Limited, Ladderup Wealth Management Private Limited, CRISIL Ltd., MarketsandMarkets, Earth Infrastructure Ltd, Coffee Day Beverages, Anurash Insurance Services, Talent Corner HR Services Pvt Ltd., and Decathlon.
"In KIAMS, the assignments that are given to us are not just theoretical in nature, but involve the application of these concepts in a practical environment," points out Sakshi Vatsa, the first amongst the students of Batch 14 of KIAMS to be placed. "This helped me in a big way during my interviews for Odessa Technologies. Most of the questions in my interview were conceptual, concerning little things that could easily have been forgotten or ignored had we not learnt their practical application."
A steady flow of representatives from numerous corporate houses were either visiting, or were in the process of visiting KIAMS for recruitment.
"When I look back, I can spot the difference between what I was and what I am today," says Laxmi Gupta, who has been placed with SmartCube. "Every single individual in KIAMS has taught me and helped me refine my personality. I learned how to balance my personal and professional life, thanks to the hectic and rigorous schedule of KIAMS. We received excellent pedagogy by some of the world-class educators like Professor Gopal Iyenger, Professor T. Vishwanathan, and Professor V. S. Pai. They helped us develop an eye for detail. In short, KIAMS helps you develop a strong business acumen."
Given the fact that traditionally at KIAMS, the IT & ITes sector recruits at par with the Banking & Finance sector, the Placement Cell is gearing up for the long list of IT companies that are shortly slated to visit for recruitment. Going by the current industry sentiment, it seems KIAMS is all set to maintain its 100% placement record for 6th year in a row.
In 1991, KIAMS was conceived as a training institute and a knowledge hub where Kirloskar Group managers shared their learning and caught up with the latest movements and concepts and management. In 1995, the training institute was opened to managers in all other countries. Having made a mark in the area of executive education in the country, KIAMS ventured into training bright young minds in high quality management education to meet the managerial leadership gap in the country. The resources and competencies developed for the managerial training were extended by the Institute to the students of the Post Graduate Diploma in Management (PGDM). KIAMS offers a two-year fully residential Post Graduate Diploma in Management Programme to train and develop managers for the next millennium.
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SOURCE Kirloskar Institute of Advanced Management Studies