TAPMI Final Placements 2011: 45 companies recruit; IT/ITES sector largest recruiter

T. A. Pai Management Institute (TAPMI) Manipal has announced the completion of the Placement process of 2009-11 batch with 100 per cent placement. In the class of 118 students, four of them have opted out of the placement process to pursue entrepreneurship.

The number of companies participated this year in the TAPMI placement process if 45. 15 of them were first time recruiters. The highest salary is Rs. 13.5Lakh, which has seen an increase of about 45 per cent over last year’s highest salary during the B-School Placements. The average salary is Rs. 8Lakh and the lowest salary is Rs. 5.9Lakh.

TAPMI mentions that the lowest salary has seen an increase of about 50 per cent during this year during the Top B-School Placement 2011.

The majority of recruitments have been in the sector of IT/ITES, Banking and Financial Services. In this sector, 73 students have been recruited. This year has seen a rise in the number of profiles in the consulting sector. The other sectors in which the students have been recruited are FMCG, Healthcare/Pharmaceuticals, Manufacturing and Services.

Regular recruiting companies in the B-School Placements included Cognizant Technology Solutions, Infosys, Wipro Group, Deloitte, KPMG, Manipal Group, UB Group, Citi Group, and Titan Industries. Among the 15 new recruiters, some of the notable names are M/s. Avalon Consulting, IMRB, J.P. Morgan, Verity, ACG, CRISIL etc.

Commenting on the Placement process of 2011, Prof. Rajiv Shah, Placement Chairperson, TAPMI said, “Once again, the Industry has reposed its faith in TAPMI’s students. This year has again reflected the strong bond between the alumni and the alma mater. Not only did the alumni drive the regular recruiters at TAPMI, the new recruiters were mainly those who had an experience of TAPMI’s quality through the alumni working with them for long years in responsible positions.”

Stay tuned to MBAUniverse.com for more B School Placement 2011 Reports!