NEW DELHI, MARCH 20: Reflecting a buoyant trend sweeping across the campuses this year, the Ghaziabad-based Institute of Management Technology's Class of 2000 also caught the fancy of blue chip and dotcom entities. Says IMT placement chairman Pankaj Gupta, ``The average salary has jumped to Rs 3.83 lakh this year up from Rs 2.66 lakh last year.'' The placement got over in just three days with 81 companies making 148 job offers to 104 students. Complementing the presence of IT majors like Cisco, Compaq, Polaris, Oracle Consulting and Satyam Enterprises were dotcom majors like Planetasia.com, Mphasis Corp, IRIS.com and Satyam Infoway.
According to IMT students, the attractive thing about dotcoms was not only ESOPs but also the promise of an exciting future. In all 54 offers came from marketing (with average salary of Rs 3.74 lakh), followed by 31 in Systems (Rs 3.92 lakh), 13 in finance (Rs 3.22 lakh), 6 in general (Rs 6.6 lakh), 4 in HR (Rs 2.4 lakh) and 2 in operations (Rs 3.3 lakh). Out of 81 companies, 35 entered the campus for the first time. This included MphasiS, Planetasia.com, IRIS.com, GE India, Kurt Salmon associates, Jones lang la salle, HDFC, McKinsey KC, Crisil, Polaris and UB group. The Bangkok based Rasana International took four students with an offer of $50,000 a year; India based Jones Lang la Salle offered 4 lakh, CRISIL 4 lakh; ICICI Bank Rs 3.5 lakh, ICICI-PFS Rs 3.5 lakh; MphasiS Rs 4.25 lakh; Iris Rs 4.25 lakh, and Planetasia.com Rs 4.25 lakh; GE India Rs 3.6 lakh, and HDFC Rs 2.5 lakh. Says IMT spokesperson,
``This year we saw dotcoms and service sectors competing with the traditional FMCGs, durables, ad agencies and service sector firms for marketing talent.'' The traditional list included Whirlpool, Dabur, UB group, Pdilite, Godrej & Boyce, JL Morrison; HTA, FCB-Ulka, Chaitra Leo Burnett, Saatchi, ORG-Marg and IMRB; Tata Administrative Services, Eli lily Ranbaxy, British Oxygen, GE Torrent, Glaxo, Adani, Telco etc.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.