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Placement Update

Tuesday, January 24, 2006

As the BCG application deadline expired yesterday, the 35 shortlists for Mckinsey popped out!! Again, some happy faces and some disappointed ones… again different view points – nothing right – nothing wrong! My dear quadie is there in the list and I really wish she cracks it outta shape as she does everywhere!

Virtusa has put up job postings for Analyst Marketing & BD, Project Manager, Business Analyst and Finance Manager… One of the firms I would be applying to.

PPT list after my last placement update – Microsoft, Ernst & Young, IBM, Johnson & Johnson, Inductis, British Petroleum, ITC Infotech, Wipro, Diamond Cluster, Tavant, Lehman Brothers, Agilent Technologies & Computer Associates.

There is a lot of talk about the compensation numbers quoted by the firms… First, it is difficult for firms to quote one number because of the different profiles available here with respect to number and kind of work experience. So they quote a minimum salary and the campus has to evaluate it in and out!! When the number is high, it becomes the dream company for quite a few!! Second, just an observation, many think that since the average salary is 10 lakhs, they should get above 10!! If everyone gets above 10, how would the average be 10? Hope people have more realistic expectations of what one year of education can do to their individual capabilities!

This year would be the first time when bulk of placements is going to happen in one week during the term break in between 7th and 8th term… again, there are advantages and disadvantages to this… This has been done so that at least during this time, we wouldn't have classes happening at the same time… also to make sure that the preferred companies finish their interviews before other firms come in… we have a tiering process (bidding with 2500 points for 25 companies) for students to indicate their preferences… Hope all this is in the right direction.

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