Monthly Archives: February 2011

Placements of IIM Indore for year 2011

IIM Indore conducted 5 days placement drill for the students of 2009-11 batch.
Around 100 companies participated in the placement process cross the functions of finance, marketing, HR, operations, strategy and IT.

Salary packages this year increased by 27% from last year.Highest salary package offered was 32  Laks per annum by a investment bank.Around 12% students secured 20 Laks per annum.50% students secured offers in the range of 14 – 18 Laks Per annum.

Thirty-two percent of the companies that visited the campus were first time recruiters.Recruiters this year included industry stalwarts like Procter & Gamble, Hindustan Unilever, Boston Consulting Group, Deloitte, Goldman Sachs, Edelweiss, Standard Chartered, JP Morgan Chase, Deutsche Bank, and Ocwen Financial Corporation.

Twenty-eight percent of the students accepted finance roles and 25% accepted consulting roles. This is a marked change from previous years when finance roles dominated more than 40% of the placements.Over 20% of the batch selected Sales and Marketing related functions as their preferred choice of career.

The IT sector recruited in large numbers with giants like Microsoft, Cognizant, Infosys, HCL Technologies, L&T InfoTech, Hewlett Packard, iGate, MindTree Consulting and Mphasis offering roles in IT Consulting, Project Management, Sales, Business Development, Corporate Strategy and Human Resource.

Placements in XLRI for 2011

In 2011  for the first time ever, a batch of 240 students IN XLRI get placed in  4 days.Different Companies rolled out

317 offers. There was a 19.25% jump in the Pre Placement offers from last year.

The number of Lateral offers doubled over last year with an average salary figure of 16.5 Lakhs.Total 109 companies

participated in the process.

Average  package offered is 15.8 Lakhs, It is  12%  higher then  last year’s figure. The median figure for the

domestic salary of 14.7 Lakhs echoes the focus on quality of job offers made at XLRI as a part of the Placement

Season 2010. The highest domestic package was 23 Lacs per annum.

25 % of the total offers coming from the financial sector. ICICI Bank was the largest recruiter and with 21 offers

reinforced the faith in the financial prowess of the students at XLRI.

Offers were received across a most of functions such as Investment Banking, Treasury, Corporate Finance, Wholesale

Banking, Commercial Banking, Retail Banking and Insurance. Global finance majors such as Goldman Sachs, Nomura

Holdings, BNP Paribas and Edelweiss offered roles in the areas of asset management, corporate investment banking and

equity research. Financial institutions such as ICICI Securities, India Infoline, Citibank, Standard Chartered,

ICICI, Axis Bank, DBS and YES Bank offered roles in the treasury and foreign exchange desks as well as in their

corporate and retail banking functions. The offerings of domestic investment banks led by SBI Capital Markets

generated a lot of interest among the students. A leading player in the financial space offered its coveted wealth

management role at New York exclusively to XLRI. Corporate finance roles were offered by Hindustan Unilever,

Cadbury, L&T and Reliance Industries Ltd among others.

Marketing has drawn renewed interest from the students and was the preferred choice for students  with 25% accepting

offers. The class of 2011 was offered opportunities in the areas of branding, marketing and sales functions

by FMCG majors like Procter & Gamble, Hindustan Unilever Ltd, Johnson & Johnson, GlaxoSmithKline, ITC, Asian Paints,

Nestle, Cadbury, Marico, PepsiCo, Castrol and Biocon.Othe companies participated were BhartiAirtel, Lenovo, Cummins, Hindustan Coca Cola Beverages Pvt Ltd and Akzonobel.

Novartis AG offering its prestigious HR Leadership Development Role at Basel, Switzerland exclusively to XLRI,

making the highest international offer of US $120,000.KPMG for the first time opened its treasured Financial Risk

Management role at XLRI for the class of 2011.

The placements for the General Management Program (GMP) has been also started, a full-time flagship program of XLRI. placement process  was kicked off on  January 2011. Many popular names such as Amazon, Microsoft, Cognizant Business Consulting, HP etc. have already visited the campus.

Placement report for Cept university (Ahmadabad)

10 job offers at Cept university on Day 2.Centre for Environmental Planning and Technology (Cept) received around 10 job offers from three recruiters on day two of the ongoing final placements in the campus on Monday. more than 43 companies are recruiting students, around three or four companies are scheduled to interview and recruit the students each day. On day two, three recruiters, including Development Alternatives, Black Olive and Urban Mass Transit Company (UMTC) took part in the recruitment. The placement activity inside the campus is scheduled to end on February 28.Faculty is expecting 100% placement this year.

DE Shaw visits Fergusson College, Pune

DE Shaw India Software Private Ltd, a global investment and technology development firm, recently visited Fergusson College Pune

n all, 47 students were selected after the written test, out of which 17 were short-listed for the group discussion and interview.

DE Shaw visits the top 10 colleges in India for campus placements. In Pune, Fergusson is the only college it conducts interviews. It has been coming to the campus for five years now. Last year, nine students were hired by the company.

Third-year students of any stream with a percentage of 60% and above were eligible for the test. The selection procedure was tough as well as interesting. They checked our management, analytical and leadership skills

The written test was quite easy. I am already preparing for the Common Admission Test (CAT), so everything went pretty well. In the group discussion, they were keen on seeing how many students have a clear and strong stand on the topic ‘Should there be an international committee to counter terrorist attacks?’ I supported my answers with statistics and I think that worked in my favour. The interviews that followed were rigorous and tough Added One of the selected student.

CET(Karnataka) forms available from 5th of March

Common entrance test conducted by the Karnataka Examination Authority for admission to professional courses will be available from March 5 to April 5.

CET forms will be available from 5th of March.

Those candidates, eligible to take the examination, can  submit them before April 5.

CET would be held on April 27 and 28 as scheduled.

Results of the test will be announced May 25 and the counselling for admission to medical, engineering and dental course will begin at seven centres on June 2.

Government has made changes in eligibility criteria for admission to engineering courses.

In the backdrop of AICTE revising the guidelines, the State government has said that candidates applying for the course should have studied physics, mathematics and any one of – chemistry, bio-technology or biology in the qualifying examination (PUC/10+2).

In case of general candidates, only those secured 50 per cent markscan apply for engineering courses. Candidates belonging to Scheduled Castes and Tribes who secure 45 per cent can apply. In the previous year, the minimum marks to apply the course was 45 pc (general) and 40 pc (SC&ST).

Those applying for five-year Architecture course should take the national aptitude test. The candidates are allowed to take three attempts and the best of the three tests will be considered for admission, Higher Education minister Acharya said.

  • PU examination – March 17 to 30
  • PU results (expected) – May 2, 2011
  • CBSE results (expected) – May 23, 2011

Applications for CET – Available from March 5 to April 5, 2011

CET Application fee

  • General candidates: Rs 650
  • SC & ST : Rs 500
  • Direct applicants: Rs 750 (Including postal cost)

Kannada test on April 26

For Horanada Kannadigas: 11 am – 12 noon

For Gadinada Kannadigas:  1 pm – 2 pm

Common Entrance Test

On April 27

Biology-10.30 am to 11.50 am

Mathematics – 2.30 pm to 3.50 pm

On April 28

Physics – 10.30 am to 11.50 am

Chemistry – 2.30 pm to 3.50 pm

CET results – May 25, 2011

Counselling: From June 2, 2011

Counselling centres: Bangalore, Gulbarga, Hubli, Shimoga, Mangalore, Belgaum, Chitradurga

Biometric device used in Medical entrance exam to curb exam impersonators

A new device has been used for IPMER (Jawaharlal Institute of Post-graduate Medical Education and Research) entrance exams being held countrywide on Sunday.

AuthenTrac captures fingerprints and photographs of candiadates.AuthenTrac will capture fingerprints and photographs of each of the 15,000 candidates.matching it with previously-stored candidate data from the institution. The data will be re-checked at the time of counselling and seat allotment.

The current process to nail impersonation is weak because it relies on easily forge-able signatures and photographs which can be smudgy and grainy.

No change in age eligibility for MHTCET this year.

Maharshtra government proposed maximum age limit of MHTCET as 25 years last year.As well as proposed that there should be ceiling on the number of attempts one can make for clearing MHTCET.both these conditions would not be applied this year as well. The planned date for MHT-CET would May 12.

Department of Technical Education (DTE) had some objections on the ceiling on number of attempts and age. Therefore, the eligibility conditions will remain same as last year.

The numbers of repeaters was also increasing with oldest candidate being 38 years of age and many aspirants in their 30s. It was observed that many students pursue graduation in other disciplines while continuing to attempt MHT-CET.

How can we expect a teenager to compete with a 30-year-old?

Change in IIM eligibility criteria students troubled

New IIMs are screening aspirants calling students for GD-PI on the basis of their bachelor degree marks.

CAT prospectus clearly speaks about 50% marks in the bachelor’s degree as the eligibility, the new 4 IIMs in Shillong, Rohtak, Trichy, Raipur are screening students based on 65% score in the bachelor’s degree as their minimum eligibility criteria

The other older IIMs — Ahmedabad, Bangalore, Kolkata, Lucknow, Indore and Kozhikode —are screening students for the GD and PI based on a weightage they are assigning to CAT scores, class X, XII and degree marks.

Many students have been affected by this last minute change.

Professors are claiming atleast older IIMs are following right procedure.

While the B-schools had said they would consider parameters other than CAT scores, the often decisive weightages given to these criteria were only disclosed after the CAT 2010 results were released last month.

Cat Tips : Mock practise tests

Mock practice tests are undoubtedly the most important phase of CAT preparation.
Mock Tests give us a insite experience of real tests and highlight your weaknesses.
Mock tests can help you discover your weaknesses and strengths.
One can formulate the strategy to deal perticular weak or strong section.
If you are not very much focussed Mock test result help to compete and know your compititors.
Raise your confidence motivate you to work hard to defeat others.
One should participate in mock tests and try to compete with the other students.

XLRI call back students

On 2nd of February around 280 aspirants who applied for MBA program and 350 candidates who had applied for HR management received a confirmation message from XLRI jamshed pur.These are the candidates who have received there statues as regret few days back.Now these students are very happy by receiving the congratulation status from XLRI.

At the time XLRI declared its  interview shortlist on January 25, some XAT test-takers who had cleared the cutoffs were not sent interview calls due to some glitch in selection process.

Few student who have cleared the cutoffs still waiting for call from XLRI.