LIBA Placements 2015: 100% placement; average salary up by 80K; ITES/BFSI steal the show
Loyola Institute of Business Administration (LIBA), Chennai has achieved 100% placement for its current outgoing batch of 2013-15 with more recruiters and more offers. 66% placement in 2015 at LIBA has been from ITES & BFSI sectors.
Beating the slow down and reflecting that admission in 2015 to pursue PGDM/MBA is most opportune time to get on board the management education, LIBA completed the placement 2015 process much earlier than expected. The placement 2015 reflected an upward swing in recruitment with more recruiters offering higher placement packages while the companies competed among themselves in offer of more jobs.
Placement season at LIBA witnessed 50 companies queuing up to hire students from the batch of 2015. IT/ITES, BFSI and consulting sectors dominated the placement season with more number of offers. The industry reinstated its faith in the institute with past recruiters coming in again along with new recruiters from various sectors, who took part in the placement process 2015. The various offers made to the students were of diverse nature wherein students had a good choice in terms of industry and the role.
Key Trends in placement 2015
LIBA has a consistent record of 100% placement. The placement season 2015 was no exception to the feat. Entire placement 2015 process at LIBA was managed efficiently resulting in more offers with diversity of roles.
Batch of 121 students
There were 121 students eligible to participate in the placement 2015 at LIBA. Out of 121 students, 2 students opted out from the placement process to explore entrepreneurship opportunities. All the balance 119 students participated in the process getting suitable offers and the process was over in a faster mode.
There were 50 companies who participated in the placement process with many of them offering pre-placement offers to the students. Out of the 45 companies, the placement season 2015 witnessed 18 first time or new recruiters. Many students were given pre-placement offers out of their summer internship process.
Average Salary up
Beating the slowdown in placement offers, the placement season 2015 at LIBA saw a rise in average salary from Rs.8 lakhs per annum in 2014 to Rs. 8.80 lakhs per annum showing a rising trend in the job market.
More than 50% of the students got packages for more than the average of 8.8L and 20% of the batch was offered packages of more than 10L per annum.
Apart from this highlight, another achievement at LIBA placement 2015 is that maximum salary went up to Rs.12.25 lakhs and minimum salary stood at Rs.6.50 Lakhs.
Sectoral Placement: ITES/BFSI offers 66% placement
Picking the talent from LIBA, ITES & BFSI sectors hired 66% batch of the students. Sector wise distribution of offers is as follows for the total batch of 119
IT/ITES: 36% placement
LIBA witnessed a splurge in the offers coming from IT companies. Almost 36% of the batch received offers from IT majors like HCL Technologies, Infosys, Cognizant Technology Solutions, Accenture, Wipro and DELL. The companies offered sales, marketing, analyst and consulting roles to the students.
BFSI: 30% batch placed
The banking and financial services sector was the next biggest recruiter after the IT/ITES with majors like ICICI Bank, HDFC, CRISIL, CARE, L&T finance, Bajaj Financial Services and Zaffin making a total of 34 offers. 30% of the batch got placed in BFSI sector. Financial consulting roles were also offered by companies like Fidelity and Cognizant Business Consulting.
Consulting: 13% placement
Consulting companies and roles continued to be a major favourite amongst students with almost 13% of the batch choosing to take up consulting offers in major firms like Deloitte, Cognizant Business Consulting, Kaar Technologies, Vernalis, IKYA and Mobius. Broad areas of consulting assignments include IT consulting, Strategic consulting and Operations consulting.
Manufacturing: 10% placement
Placement 2015 at LIBA witnessed major manufacturing companies offering roles ranging from Sales & Marketing to HR generalist. The big names from the industry which made offers to the students included Asian Paints, Mahindra & Mahindra, Hyundai, Vedanta, Manali Petrochemicals, Harita and Owens Corning.
Other Sectors: 11% placement
Almost 11% of the batch received offers from diverse sectors like Retail, Real Estate, Pharma and Market Research. Companies like IMRB offered market research roles whereas JLL and CBRE were the major recruiters in the Real Estate sector.
LIBA: B school with a difference
LIBA is recognised as one of the leading business schools in the country and enjoys a good reputation with the corporates for its dynamic and industry related curriculum.
Loyola Institute of Business Administration (LIBA) was established in 1979. It is consistently ranked among the best business schools in the country. LIBA is a Jesuit institution under the aegis of Loyola College Society, Chennai.
The institute is one of the B schools who offer dual specialization. According to Prof S Rajeshwar, LIBA has the USP of ‘100 % placement, competent faculty, International Collaborations, constantly updated syllabus’.
PGDM at LIBA offers specializations in Marketing, Finance, Human Resources, Operations, Systems International Business and General Management.
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