Daijiworld News Network - Mangalore (VM)

Udupi, Jan 7: TA Pai Management Institute, Manipal (TAPMI) held the campus placement for its students who will be graduating in March.

In a press release, TAPMI, placement chairman Prof Raghunath Rudran stated, 'In what can be described as a record performance, almost all the students were placed withina few hours of commencement of the process. There was a hectic movement of students shuttling between interviews and meeting various organisations who visited for the purpose." For the first time in its history, TAPMI had adopted a novel incentive to its students, who could make a preferential choice among the companies they would like to accept offers from.

The 'boom' in the country's economy was reflected in the manner and speed with which companies recruited the TAPMI students. A total of 30 companies participated in the campus placement process and made a total of 145 offers to 127 students. About 15 companies had to return empty-handed as there were nobody who opted for them.

The average salary offered this year was Rs 5.40 lac, an increase of 23 per cent over the previous year. The highest salary was Rs 7.75 lac (Rs 6.75 in 2004). Among the large recruiters on campus were Infosys (45), Citigroup (11), ICICI (10), HDFC (9), CRISIL (8) and Wipro (6). Among the industry sectors, IT and Financial services were the major recruiters.

Some of the companies that visited the TAPMI campus for the first time included Accenture, Godrej and Boyce, HSBC and Cognizant Technologies.