Banking a top draw in MBA placements

As the IT sector buckles under pressure with thin profit margins and lay-offs, its impact was seen in MBA placements in top colleges across the state. While most students did not favour startups, IT majors were left in the backdrop during the recruitment season.

At IIM Trichy, placements saw all its 104 students bagging offers from various companies with highest CTC of Rs 33 lakh, 39% higher than last year's Rs 23.81 lakh. After the recruitment fiasco last year, the IIM placement committee had come out strongly about having more stringent guidelines for placements.

Last year, several startups, including Flipkart, deferred the joining date for their campus hires, stating reasons of business re-organisation. While Flipkart offered compensation to the students, profiles of the recruiters at IIM came under the scanner thereafter.

Prominent recruiters at IIM Trichy included Mahindra group, Yes Bank, JP Morgan Chase, Saint Gobain, Robert Bosch, ICICI Bank, SBI and Standard Chartered Bank

Source:http://timesofindia.indiatimes.com/city/chennai/banking-a-top-draw-in-mba-placements/articleshow/58706817.cms