LIBA final placements 2011 consummated; Marketing function and BFSI industry tops the list; Several new sectors and firms participate
Posted on: 12/Apr/2011 3:48:56 AM
LIBA (Loyola Institute of Business Administration), one of India’s premium management institutes to consistently rank in the Top 10, today announced the successful closure of final placements for its 2011 management batch consisting of 110 students. LIBA, which kick started the placement season in the first week of Dec 2011, had 10 pre-placement offers in its bag even before the final placement began at campus. Marketing as a function topped with 45% of the students being placed in it Finance profiles accounted for 39% and Human Resource 16%. BFSI as an industry dominated with 39% of the total students being placed therein. The average salary package of Rs. 8.33 lacs p.a. is higher by about 12% from last year. The B-school was ranked 9th in India’s top 10*Best B-School survey by Business Today in 2009 and was also recently awarded the B- School Leadership Award at the 18th B-school Affaire and Dewang Mehta Business School Awards organized by HUL in 2010.
Speaking on placements, Fr. Christie, Director, LIBA said, “LIBA always enjoys the pleasure of 100% placement since inception and in the recent years, both the number of firms and the quality of profiles have been continuously improving. This year we witnessed high-profile job placements in financial sector such as Investment Banking and Treasury Banking. These job profiles require not only MBA grads but market-ready change agents who are capable of creating new knowledge for tomorrow’s business needs. We are happy that LIBA has been able to create such change managers and prepare them to fulfill the market needs.” He added, “More marketing job offers were made than sales, this year. LIBA saw many new firms participating from sectors like pharmaceutical and online venture companies. We were delighted to have more number of repeat recruiters which only shows that LIBA students have continued to deliver the best performance at workplace” With the recent introduction of Social Media Marketing as an elective for its esteemed 2 year full time MBA programme LIBA not only became the first college in India and third in the world to offer so but also bagged placement this season in that space.
The batch also saw 3 students opting out of placements to start their own firm, treading on the path of entrepreneurship. Major companies that visited the campus include ICICI, Infosys, Cognizant Technology Solutions, Deloitte, besides, Yes Bank, KU Learn and Ramco System being the first time recruiters. LIBA has always ensured that students are imbibed with ethical lessons while creating the change makers of tomorrow and is probably the reason behind LIBA’s receiving overwhelming response with quality and competent job profiles from diverse industry sectors.
