LIBA leads in first-phase placement drive; 85% students secure jobs in top MNCs
Mumbai, 5th February 2018: One of India’s premier management institutions, Loyola Institute of Business Administration (LIBA), announced the successful placement of 85% students from the batch 2017-2018 in its first-phase of placement drive. A milestone achievement in the management education fraternity, the placement drive this year also witnessed top MNCs from across industry segments absorbing students for various job roles. The first-phase also witnessed a significant spike in the remuneration, highest being Rs. 17.5 lakhs per annum.
The campusplacement drive saw offers from sectors like Analytics, Ecommerce,Manufacturing and Retail. BFSI emerged as the top industry recruiter this yearwith a 36% share, followed by 18% recruitment in consultancy sector. Offers from manufacturing sector increased from 4% to 16% and retail industrysaw an increase of 7%. This season also witnessed first time offers fromAnalytics (3%) and E-Commerce (5%) sectors.
Commentingon this, Fr. P. Christie SJ, Director – LIBA said, “We are delighted with the outcome of ourplacement drive in its first-phase and it is indeed a significant achievementfor the institution that 85% of our students have been absorbed in growingindustry sectors. LIBA as an institution has always strived in its pursuit ofexcellence and ethics. This steams from our core principle of offering theecosystem that thrives by inculcating ethics and excellence at every step inthe journey. In our last academic year, we have revamped the curriculum to meetthe current needs of the industry and introduced several programs inpartnership with industry doyens with a focus to groom our students to thinkahead of the curve.”
The campusplacement drive had a total of 43 recruiters including MNCs like GEPConsultants, HSBC, Nestle, Walmart, CITI Bank. 14 companies as first timerslike Citi Corp, Airtel, Walmart, Bank of America-Merrill Lynch to name a fewalso secured aspiring candidates from the program.
Apart fromthe regular recruiters of the tier 1 level, new additions like Citi Corp,Airtel, Walmart, Bank Of America-Merrill Lynch ,HSBC, Amazon Kindle, WABAG,Latent View, 2ADPRO, Indegene, TVS Wheels India Ltd were keen on securingprospective matches. There were also pre placement offers from J.P Morgan,Crisil, Nestle, MuthootFincorp, TVS& Sons.