IFIM B School Bangalore secures 100% Placement for Batch 2013-2015
IFIM Business School is proud to announce 100 % placements for the students of Batch 2013-2015 with an average CTC of INR 6.42 lac per annum and highest CTC of INR 9.00 lac per annum.
- (1888PressRelease) June 03, 2015 - IFIM is known for embracing an array of continuous & innovative methodologies. Enthused with novel ideas & productive planning, the placement wing of IFIM embarked on a new process christened as POWER WEEK (27 - 31 October'14), which was a prelude to the placement season.
Power Week : A power packed special window was designed to invite companies and spotlight the cream students for a high end package of fixed salary of 6 lacs & above. IFIM witnessed around 15 companies to visit the campus with requirements for Management Trainees, Assistant Managers, and Business Analysts across specializations. The sector-wise break-up was diverse comprising of finance, market research & analysis, consulting, microfinance, real estate, e - commerce, IT and pharma. To name a few, CRISIL, DELL, Deloitte, Copalamba Research, Boston Technologies, Optimal Strategix Group, Minacs, XL Dynamics, Spandana Spoorthy, Just Eat, Developer Group, Richcore Life - Sciences made their presence at the campus during this power week.
Key Trends in placement 2015
IFIM has a consistent record of excellent placements. 2013-15 saw an accelerated uptrend. The overall placement cycle of 2013-15 saw greater number of opportunities generated per student across different specializations spread across profiles, salaries and geographies. 48 % of the total job offers came from the BFSI sector followed by 21% in Manufacturing, IT and Telecom, followed by 31% from other sectors like media, FMCG, HR Consulting, Real Estate etc. The sustained faith & quality of students nurtured by IFIM, made some of the past recruiters to bank on us along with few new corporate to participate in the placement drive.
One of the prominent & enriching features during this cycle was the visit of State Bank of India (the oldest and the largest National Bank), which recruited 5 finance students for the role of AVP with a CTC of INR 9.00 lakhs per annum. Diversity of profiles offered to the students gave them a good choice in terms of industry and the role. These comprised of leadership roles in the form of Assistant Managers - Taxation & Audit, Business and Financial Analysts, Business Development Managers, Area Sales and Territory Sales Managers etc.. The largest numbers of jobs were from the BFSI sector.
The total intake of the 2 - year PGDM program for the batch 2013-15 is 139 students. Out of the 139 students, 125 students registered and are participating in the process and 11 have opted out. 30% of the placed students have received a minimum of 2 offers. Out of the 125 students 23 students had a work experience ranging from 6 months to 7 years.
IIP, Industry Internship Program is a unique program designed by IFIM which has offered 39% of pre-placement job offers (PPO).
About IIP :
IIP has been awarded consistently by various bodies such as Indian Management Conclave, Assocham and others for being one of the best industry academia interfaces to progress experiential learning. The IIP is planned during last term of the PGDM program and it is mandatory for the entire batch of students. This program encourages the students for a continuous engagement with a company for 4.5 months. The students work as interns in the company full time and their performance is assessed jointly by both the company and the faculty mentor assigned from the institute. The interns can be assigned to any office of the company during this internship. The IIP carries 20 credits in the overall scheme of the curriculum which works out to be 20% of the total credits required by the students to complete the program.
Compensation 2015 brings new hope
• Highest CTC : INR 9.00 lac per annum
• Average CTC : INR 6.42 lac per annum
Current Key Recruiters :
Abbott Pharmaceuticals
IBM
American Express
Idea Cellular. ( Aditya Birla Group)
Aruna Green Venture Pvt. Ltd. (Start up)
Just Eat.in
Atria Convergence Technologies
Janalakshmi Financial Services
Boston Technology
Kotak Securities
Borderless Access Panel
KPMG
Britannia
L&T Infotech
Biocon
Myntra
Citi Bank
Madison Media
CRISIL Global Research & Analytics
Minacs
Canon India Pvt. Ltd.
Mercedes Benz
Capital First Limited
Nestle
Cinque (Forefront Developer Company)
Northern Trust
Copal Amba Research (a Moody's subsidiary)
NTT Data
Decathlon
Optimal Strategix Group Pvt. Ltd.
DTDC
Oracle Financial Services Software Ltd.
Dell India
PwC
Deloitte
Rotomotive Power
Envision Financial Systems (India)
Smollan Group
FedEx
State Bank of India
Genpact India Pvt Ltd.
SG Analytics
Grant Thornton Shared Services
Societe General Global
Goldman Sacs
Time Analytics
Hinduja Global Solutions
Unitrans InfoTech Services Pvt. Ltd.
HDFC Assets Management
VIP Industries
ICICI Securities
Wipro
ICICI Bank
XL Dynamics India Pvt. Ltd.
Key Past Recruiters :
Asian Paints
IDBI Bank
Blue Dart
Microland
Berger Paints
IMRB
Capgemimi
Purvankara Projects
Citi Union Bank
SBI Life Insurance
Ernst & Young
State Street Global Services
HSBC
UCO Bank
Some highlights about IFIM :
Student Exchange Program : Every year, a group of students head towards a enriching journey for a 3 - month mutual exchange program in ESC Rennes Business School, France, University of Applied Sciences, Lubeck, Germany on niche projects to learn about the diverse culture, education system prevailing in the global universities. We also welcome student groups from these universities to do an internship program / a term in some of the fortune 500 companies in Bangalore. Similarly, Some of the other international collaborations are with Virginia Commonwealth University, USA, Manchester Metropolitan University & University of Bicocca, Italy.
• IBM Analytics Lab : IFIM in collaboration with IBM has set-up an Analytics Lab at the institute which was inaugurated in Sept 2013. PGDM in Analytics is a joint initiate of IBM and IFIM Business School. One of the booming areas in recent times is Business Analytics. It is an important driver for profitability, return on investment & operational efficiency in all organizations. Implementation of Enterprise applications like Customer Relationship Management, Enterprise Resource Planning, Sales Force Application, Mobile Commerce, Electronic Payment Systems, Electronic Commerce, Content Management, is generating large volumes of digital data. Data, which is an asset, has not been fully exploited beyond operational use. Of late, social media deployed by organizations is also generating volumes of important data which in turn leads to making critical and strategic business decisions. IBM Analytics PGDM program is approved by AICTE.
This 15 - month weekend program is specially designed for working executives intended to equip them with necessary theoretical and practical knowledge to implant business analytical solutions in their organizations or to move up the ladder in their existing industry/company, or open up to opportunities in new emerging sectors or project.
• Prabhudas Liladhar Lab : The objective of the finance lab is to impart a host of practical knowledge and real world examples to complement the students 'in class' theoretical learning experience. Students are getting a hands-on learning experience with the latest trends, tools and best practices of the industry. The lab is a central place for students to learn all the essential tools and techniques used in the industry such as trading terminal - either NSE's NOW or FT's ODIN, statistical package (either R or SAS), using real time data to execute trading strategies, using financial news portals, trade simulation, analytical tool - Factset, excel modeling, technical analysis - Metastock or F-Charts, money market - currency forward calculations & fixed income research.
The Placement Cell of IFIM is well connected with the industry and works throughout the year to enhance campus relations. The collective efforts of our respected faculty & focused placement committee have been instrumental in MAKING THIS HAPPEN.
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