BIMTECH Placements: Highest Package Of Rs 24.43 LPA, BFSI Emerges As Top Recruiting Sector
According to the placement officials at BIMTECH, various sectors engaged in the hiring phase but the prime recruiting sector was Banking, Financial Services & Insurance at 37%.
Birla Institute of Management Technology (BIMTECH) has announced placement results with a placement rate of 97.07%, for the batch 2022-24. The average package stood at INR 11.10 LPA. Further exemplifying the success, BIMTECH saw 464 of its young and innovative minds being placed across both international and national markets.
The placement drive was carried out for its four two-year full-time programs: PGDM, PGDM- International Business, PGDM-Retail Management, and PGDM-Insurance Business Management. In domestic, Blackrock offered the highest CTC INR 22.00 LPA and in International, Landmark Group offered INR 24.43 LPA to a student of PGDM (Retail Management).
Talking about the resounding success, Dr. Prabina Rajib, Director, BIMTECH shared, “BIMTECH has yet again maintained its legacy with the remarkable placements witnessed this year. The visit of 145+ recruiters is a testament to the dedication of our faculty, our academic programs, and the sturdy corporate relations built. There is a rise in the demand for tech-friendly & digitally oriented C-suits capable of making strides in the technological interventions happening around us. Hence, our institution has delivered talent which is capable of navigating through these ever-changing tides and excelling in their chosen fields.”
BIMTECH’s robust placement spell garnered more than 145 leading companies from various sectors including 39 new organizations. Several prominent companies such as Landmark Group (Homecentre), Blackrock, EY India, Deloitte, Wipro Ltd., KPMG, Infosys, Make My Trip (MMT), and SBI General Insurance Co. Ltd. to name a few participated in this year’s placement drive.
According to the placement officials at BIMTECH, various sectors engaged in the hiring phase but the prime recruiting sector was Banking, Financial Services & Insurance at 37%, followed by IT & ITES, and Consultancy, at 18% and 15% respectively. Other prominent sectors also contributed to the hiring as follows: Manufacturing 9%, FMCG/FMCD 4%, Retail 4%, Logistics 2%, Market Research 1%, and Others (Media, Real-estate, Edutech, and Telecom) 10%.
The current season recognized a switch from traditional selection methods like Group Discussion (GD) to a hybrid recruiting process with a blend of online and offline techniques to evaluate students for different competencies. Occupational personality questionnaire (OPQ), case analysis using data and new age tools, and/or guesstimate rounds were used as major assessing mechanisms.
Inspired by its founder late Basant Kumar Birla, BIMTECH pioneers innovative programs like PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), nurturing individuals into global leaders. BIMTECH proudly holds the 48th position in the Management Category in NIRF-National Institutional Ranking Framework 2023
Students were offered diverse roles including Senior Analyst, Business Analyst, Area Manager, Consultant, Management Trainee, Digital Demand Analyst, Research Associate, Associate Solution Advisor, Deputy Manager, and Business Development Manager, among others.
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