Placement Report

PLACEMENT REPORT 2016

 

“It was’nt very easy to start this process. But we find that it’s harder to stop it” Yadupati Singhania

 

Dr. Gaur Hari Singhania Institute of Management (GHS-IMR) announced completion of yet another successful campus placement season for the graduating batch 2014 – 2016.
A couple of noteworthy factors in the year’s placements were in steep rise in number of recruiters and number of new recruiters on campus.

FINAL PLACEMENT OF BATCH 2014-16

Speaking of final placements, GHS-IMR saw a satisfactory progress of placements of its 20th PGDM batch, that is, Class of 2016. The placement process began in the month of September 2015 and was conducted on a cohort basis.

Out of a batch of 64 students, 39 students attended the placement process. 23 students opted out of the placement process to pursue entrepreneurial path, etc. and 2 students were ineligible to seek placement assistance. A total of 42 offers (including multiple offers) were made to placement seeking students. 1 student out of them received placement offer from the organization in which he did his summer internship during May-June 2015. Total 47 companies expressed their interest in the placement process out of which 25 were first timers. Prominent companies were Berger Paints, Madura Fashion & Lifestyle, Retail Quotient Research Private Ltd. (RedQuanta), VIP Industries, S&P Capital IQ, Paarth Infrabuild, Writer Corporation, ITC Ltd., ICICI Securities, CAME (India), Genpact, United Accrual Services Pvt. Ltd., DCM Shriram Ltd., HDFC Bank Ltd., Hindustan Media Ventures Ltd., Super House, Naukri.com, South Asia FM Ltd., Jeevansathi.com, Pyramid IT Consulting, etc. Writer Corporation and Paarth Infrabuild made 4 offers each, which was the highest among recruiting companies.

Remuneration packages offered by companies were Rs. 5 lacs per annum (RedQuanta); Rs. 4.75 lacs per annum (Berger Paints), Rs. 4.58 Lacs per annum (S&P Capital IQ); Rs. 4.5 lacs per annum (DCM Shriram Ltd.); Rs. 4 lacs per annum (Madura Fashion & Lifestyle); Rs. 3.5 lacs per annum (Paarth Infrabuild); Rs. 3 lacs per annum (ICICI Securities and Pyramid IT Consulting), etc. While the mean average package of students placed in companies based outside Kanpur stood at Rs. 3.05 lacs per annum, the mean average package of students placed in companies based at Kanpur stood at Rs. 2 lacs per annum.

 

 

RECRUITMENTS ACROSS DIFFERENT PROFILES

Recruitments in Core Finance, Financial Consultancy and Financial Services domain:

GHS-IMR continued to perform exceedingly well in Finance domain recruitments, with 26% students getting placed in this domain. Prominent recruiters who showed interest were: S&P Capital IQ, AXIS Bank, DCM Shriram Ltd., Genpact Stock Holding Corporation of India, ICICI Securities, HDFC Bank, IndusInd Bank, NJ India Invest, etc.

Recruitments in Market Research and Marketing domain:

Final placements saw interesting roles offered in Market Research and Marketing domain in sectors like FMCG, Retail, Logistics, Manufacturing, Market Research, Real Estate, and Electronic & Print media. Roles in this domain included profiles like B2B Marketing, Business Development, International Marketing and Export Management, Brand Management, Market Research, etc. Prominent Recruiters who showed interest were: Berger Paints, Madura Fashion & Lifestyle, Retail Quotient Research Private Ltd. (RedQuanta), High Beam Global, VIP Industries, Paarth Infrabuild, United Accrual Services (UAS) Pvt. Ltd., Writer Corporation, ITC Ltd., RSPL Ltd. (Ghari detergents), Z Square Mall, CAME (India), etc.

Recruitment in HR domain:

Recruitments in this domain offered HR and consulting profiles to our students. Prominent Recruiters who showed interest were: DCM Shriram Ltd., Pyramid IT Consulting, BACS Hi Tech Engineering, etc.

SUMMARY PLACEMENT STATISTICS OF BATCH 2014-16

Final placements were near to expectations with around 90% students getting placed till the date of release of this report. One of the interesting features of this year’s placement was the receipt of more than one placement offer by many students. A summary report in terms of placement statistics is present below:

PLACEMENT STATISTICS AS ON MAY 09, 2016 (Batch 2014-16)

Batch Strength

64

Students opting out of the placement process

23

Students not eligible for placement

2

Students eligible for placement

39

% Students placed till May 9, 2016

92%

No. of companies participating in the placement process

47

Total no. of opportunities available for placement seeking students

83

Maximum Package (Domestic Placement)

Rs. 5.00 Lacs p.a.

Average Mean Package (in companies based outside Kanpur)

 Rs. 3.05  Lacs p.a.

Average  Mean Package (in Kanpur based companies)

Rs. 2.00  Lacs p.a.

Average Mean Package (Overall)

 Rs. 2.60 Lacs p.a.

The hurdles identified in the placements process this year were as follows:

  • A total no. of 25 recruitment drives went blank this year. This included many prominent recruiters like ITC Ltd., S&P Capital IQ, DCM Shriram Ltd., VIP Industries, Amazon, AXIS Bank, etc.
  • Many promising students could not get shortlisted by some of the top brand companies due to their criterion of throughout 60% / 65% / 70% division in classes 10th, 12th, and Graduation.
  • Tendency of attrition among students placed in the past has not reflected well in recent times. Feedback in this regard from regular prominent recruiters has developed as an area of concern for the institute and its stakeholders.
  • Six companies initiated the placement process this year but dropped the same in between due to reasons better known to them.