Placement in B-grade MBA Colleges

IIM grads earn in crores, that is what makes newspaper headlines make and that is what most of the junta would know. But what about the MBA colleges in the next league?
Visit our new site JobSamiksha.com for updated placements and REVIEW

Lets look at companies going for placement in ICFAI Hyderabad, remember that ICFAI Hyderabad has always figured high on placement score in surveys by BW.

Job Profile Company Name Salary in Lakhs per Annum

Finance ADP Wilco 4
Finance Adventity 4.2
Finance Bajaj Allianz General 3.5
Finance Batlivala 3.5 – 5
Finance CARE 5.3
Finance Citi Financial 4.25 (Gross) + 1-1.8 (Variable)
Finance Cognizant 5.5
Finance CSC 4.6
Finance Darashaw 5
Finance DE Shaw 4.5 + 50,000(Bonus)
Finance Deloitte 3.38
Finance Eicher 4.5 (CTC)
Finance E-Serve International 5.5
Finance Evalueserve 3.6
Finance First Global 4.2
Finance Future First 3.6
Finance Genpact 3 + incentives
Marketing Nicholas 4.2
Marketing Nucleus Software 2.88
Marketing Oracle India Ltd 5.2
Marketing Pantaloon 3
Marketing Patni 2.8
Marketing Ranbaxy Fine Chemicals 3+ incentives
Marketing Royal Sundaram 3.5
Marketing Satyam Computers 3.25
Marketing SBI Life Insurance 3
Marketing (Sales Trainee) SBI Life Insurance 2

Let us look at some of the companies going for placement at these colleges and the offers made by them.

Cyber Media (INDIA) LTD is a media house which publishes print titles like Dataquest, PCQuest, Voice&Data, BioSpectrum, Global Services, Living Digital, DQ Channels India and DQ Week.
Company Website: www.cybermedia.co.in
Position – MT
JOB PROFILE – Business Development & Market Research
Specialization – Marketing & Dual with Major Marketing .
Remuneration – 2.5 Lakh CTC per annum. 3 Lakhs CTC after completion of 6 months of training.

UTI Asset Management Company Post Offered: Management TraineeEligibility: MBA marketing and HRPosting: Any where in IndiaPackage: Rs. 3.5 lacs CTC. After confirmation Rs. 4 lacs fixed plus incentives.

Blue Star Limited for Marketing StudentsJob profile: Channel Sales of AC& refrigeration productsEligibility Criteria – MBA (Mktg)CTC Rs. 3.5 L p.a.
TCS
Position: Business Analyst / System Analyst.Compensation: Rs.4.1Lacs per Annum

Edelweiss Insurance Brokers Ltd.Company Profile: Edelweiss is a leading financial services company based in Mumbai, India.
Company Website: http://www.edelcap.comDesired Profile: MBA (Finance/ Marketing/ & Dual)Designation: Management TraineeJob Profile: Initially Life Insurance selling (during probationary period of 6 months) then candidate will be designated as ‘Relationship Manager’ and will focus on HNI only and will have a team to report to and team will do the selling then.Remuneration: 2.4 Lakhs per annum as Stipend (20,000 per month) – During probationary period of 6 months + Year end Bonus (up to a tune of 50% of CTC)After confirmation it will be in the range of 3 – 3.5 Lakhs per annumLocation: Gurgaon

Few more companies that visit ICFAI Hyderabad are:

COMPANIES PROFILE SPECIALIZATION SALARY

Here MT stands for Management Trainee

99 ACRES.com corporate sales marketing 4 plus CTC
Accenture FINANCE 7.3 for exp.
Adlabs Both FIN AND MARKETING 4.5 LAKHS
Adventity Team manager /debt equity FINANCE 4.5 plus
Alcon Labs Territory sales executive/product specialists marketing 3.5 to 4.5 lakhs
American Express M T (techno commercial role) MBA OR MBA IT 5.2 TO 6.5 lakhs
Amrop
Andhra bank financial analyst FINANCE 4 lakhs plus
Atherstone MT FINANCE 25000 for 3 months plus other incentives
Bajaj allianz MT (after training Asstt. Manager) hr & marketing 4.66 + other benefits
Batalivala & Karani
Berger Paints MBA all 4 lakhs plus
BP Ergo ltd team leader mba marketing 4 lakhs plus sales incentive
BPCL MT marketing 6.51 plus
C B Richards MT marketing 4.2 TO 5.2
Capital fortunes financial analyst FINANCE 4 plus CTC
CARE ANALYST MBA Fin 4.6 lakhs
Centurian bank Retail banking mba 4.25 +
Cholamandalam MT mba all 4.5 plus
CMC LTD business development MBA all 5 plus
Cognizant 6 plus
CRISIL junior analyst and TL FINANCE 4 +
DCBL business banking, consumer banking, banking operations, IT MBA IT, MRKT, FIN,IT 4.5 plus performance incentive
D E Shaw ANALYST FINANCE 5.5 TO 7.5
DELL inside sales a/c manager mba 3.5 to 4.5 lakh
DLF Group MT marketing 3.5 PLUS
eClerx VARIOUS fin, marketing, etc 7.1 to 8.5
Eicher Sales marketing, etc 5.5 to 6.4 plus

Visit our new site JobSamiksha.com for updated placements and REVIEW

Brand or Job profile

What do you look for in a Job? Would you work as a back office worker in McKinsey or Lehman just because it has a big brand or go for a small company where you get more responsibilities.

Remember the old Hindi song “Kuch to log kehege, logon ka kaam hain kehna”, never base your decision on what people say. If you are confident of your abilities and believe in yourself you should definitely go where you get better work and if you want to show off to others or job is just a part of your life you can pick a big brand. A cool job at a billion dollar company may earn you appreciation from your relatives or friends but create a hole in your job satisfaction.

Some of these outsourced jobs (from biggies) could be good ones, but most of these companies only carry off their backend IT operations in India.

Read what a pagalguy newbie had to say about Lehman’s Mumbai Operation

“Sometime back, Lehman opened an outsourcing hub in mumbai. They are now opening a front office to carry out front end operations and they’ve recruited people from the iits for the same purpose. I’ve been hired by the exotic derivatives pricing group and i’ll be working as an analyst. The HR in charge and the Lehman london guy who flew down to iitm told me that they are looking at developing good teams here. Lehman wants the mumbai office to grow and be on par with tokyo,london and ny. The mumbai guys will not however be working on the indian stock market. Lehman tokyo has also recruited 3 ppl from iit madras. Pay:100,000 us dollars per annum. They are supposedly disillusioned with the performance of iim grads. They have been recruiting from the iims for this particular job profile.”

And also read a nice article by S.Anand on his interview at Lehman Brothers( This one is for International Operations)

What matters for selection at Lehman Brothers.
The resume matters a lot. I filled mine with what looks ‘impressive’, and was shortlisted for both I-Banking and STR.
Lehman’s shortlisting parameters are: a good academic record, work experience in a reputed firm, and extra-curriculars — strictly in that order.
It helps to have a senior in the panel. (Manoj is from the IITs too.)
I think my work experience and prior travel to Japan worked in my favour too.
Read the full article at link

ICICI Prudential

This review is for MBA grads joining ICICI Pru

Brand value, Career growth and onsite opportunities?
GOOD BRAND VALUE, CAREER GROWTH IS GOOD, ONSITE IS NOT AVAILABLE

How is work environment and how efficient is the communication b/wteams or department?
AVG. WORK ENV.

Work pressure/Work – life balance.
VERY HIGH PRESSURE, LESS WORK LIFE BALANCE

Satisfaction with salary and quality of work.
SALARY DECENT, QUALITY OF WORK IS DECENT

What type of work they do:

INSURANCE PRODUCTS ARE INTERNALLY DESIGNED AND WE HAVE A HUGE SALESTEAM TO ENSURE SELLING

Job security.NO IDEA

Do you recommend your company to others? Yes or No and Why?

YES, INTERNAL GROWTH IS GOOD, WORK IS DECENT

Vital Statistics:

Fresher salary: MBA LEVEL ( 7.25+BONUS)
Total No of employees, India: 18000
Normal %age salary hikes or any bonuses AVG HIKES 15%