Dr. Rohini Parimi, Deputy Director – Career Fulfilment, CGC, Visakhapatnam
Placements for the year 2020-21 at GITAM Institute of Management (GIM) started on aninspiring note with ICICI Bank rolling out offers to 70 students. The total number of students placed this year stand at 225 which is 87 % placement, despitethe pandemic.
The highest package offered is Rs. 12.0 lacs p.a. and the average package which has been increasing over the years has reached Rs. 5.5 lacs p.a.
We had good number ofcorporates like Accenture, Aayuv Technologies, TCS, FACE, Talent Sprint, More Retail, Vodafone, Exide Industries, Cease fire, Vihaan Electrix, Up Grad from various sectorsapproaching us for campus recruitment and offering a sizeable number of job opportunities in these reputed organizations.
BFSI being the dominating sector for the placements with (50.5%) of placements, ITES / IT was at (12.1%) followed by FMCG (5.3%) and Education at (8.3%). The other sectors were Ecommerce (3.4%), Real Estate at (3.4 %), manufacturing (5.7 %), Retail (1.0%), Logistics (3.4%), health care / pharma (1.0%), telecom (1.5%), and consulting (4.4%)
Companies like ICICI Bank, ICICI Securities, HDFC Ltd, HFFC TCS, Accenture, Invesco, Aditya Birla Retail Ltd, Tech Mahindra and many others have frequented despite of the Covid Crisis with FEDERAL BANK being the highlight offering a handsome CTC of 12 LPA,Talent Sprint offering 8 LPA and EXIDE industries offering 7.5 LPA.
The highest annual package offered for the Finance function is Rs. 12 lacs (Federal Bank), for HR role is Rs. 6.09 lacs (TCS), Sales & Marketing is Rs. 8.77 lacs (Marico) and Operations is Rs. 4.64 lacs (Accenture).