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90% of students recruited in phase 1 of placement season at Goa Institute of Management

Updated on Wed, 06 January 2016 at 12:18 IST
Goa Institute of Management (GIM), Panjim

90% of students recruited in phase 1 of placement season at Goa Institute of Management

Goa Institute of Management (GIM), one of the premier B-Schools in India, sees an exceptionally good placement season for the 2014-16 batch of PGDM students with over 90% of its students already placed in Phase 1.

This year saw a record 21 new companies participating in campus placements with a total of 55 recruiting companies. Some of the prominent campus hirers were Goldman Sachs, Citibank, Deloitte, D.E. Shaw, HUL, Infosys, Cognizant, PWC, E&Y, KPMG, WIPRO, and Amazon. IT, Consulting and FMCG companies led the numbers, accounting for over 45% of hires.

According to Prof. Umesh Mahtani, the Placements Chairman, “The diversity in the companies which visited GIM shows that the Institute is now well-recognized across sectors as a source for high-quality talent.”

The highest placement package offered this year was around Rs. 16 lakhs. In addition, 22 students received PPOs based on the work they had done during their summer internship.

Prof. Mahtani added that the consistency in the track record of placements has put GIM in the top league of B-Schools in India.

The newly started healthcare management (HCM) programme of Goa Institute of Management (GIM) has been well-received by recruiters. With just the second batch of the programme, the placement scenario has exceeded expectations. Last year, the very first batch of the programme graduated with a 100% placement record, all with lucrative offers (average CTC 6.3 LPA). The second batch is also on the way to a 100% placement record.

The last term of the programme had barely begun and 50% of the students had lucrative job offers from reputable companies. Several more companies have given their confirmation to the institute that they will be recruiting from this batch in January 2016. As of now, the current CTC of the placed students stands at 8.2 LPA, with the maximum being 11.5 LPA and the minimum at 7 LPA. This year, the placement season has seen 4 pre-placement offers (PPOs) to summer internship students and one international placement as well. The Institute expects that by February 2016, 100% of the HCM students will be satisfactorily placed.

Prof. Arif Raza, who heads the Placement Committee of HCM programme, says that there is a high degree of interest among healthcare companies about the HCM programme. “We received excellent feedback for our last batch of students and almost all companies approached for placement showed keen interest in hiring,” he said.

The HCM programme was started in 2013 at the Ribandar campus, and, in 2016, it will be moved to the Sanquelim campus. Currently, the fee for the programme is 50% of the main programme, and with the type of placement packages being offered, students are getting the best possible return on their investment.

 
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