· LBSIM writes to PM to institute two separate national awards to a Kisan and a Jawan from next year.
· Placement in LBSIM this year has been is close to 100 percent; Out of 77 companies, the lead sector this year was was Consulting, research and anlytics skills – big data.
· Professor Mool Chand Sharma, former member National Law Commission was the chief guest who spoke at length about ‘India-Story and Role of Business Leader : Culture of ‘Innovation’, ‘Entrepreneurship’ and ‘Intelligence – Emotional and Social’ (IEI).
New Delhi: April 08, 2016:Welcoming the chief guest, Professor Mool Chand Sharma, former national Law Commission on the occasion, Anil Shastri -the former Union Minister and Chairman, Board of Governors, LBSIM- detailed the placement and profile of company who visited LBSIM this year.
Significantly, Anil Shastri announced on the occasion that LBSIM will propose to the Prime Minister to institute two separate national awards to be given to an enterprising Kisan and to a Jawan whose services to the nation have been found to be exemplary.
Announcing the decision of the institute, the Chairman of LBSIM, Anil Shastri stated, “the idea is inspired by the slogan – JAI JAWAN & JAI KISAN – coined by the former Prime Minister of India, Lal Bahadur Shastri. Concerned about security at the border and food scarcity back home, Shastri ji propounded the slogan of Jai Jawan, Jai Kisan for the first time in a village called URVA in the district of Allahabad in Uttar Pradesh way back in October 1965. The idea is as relevant today as it was 50 years back in that it still resonates across the length of the width of the nation.
Anil Shastri further stated that this will be the first time ever that a credible award is being contemplated to be conferred upon two of the crucial characters of democracy – soldier and farmer – whose contributions to the preservation and sustenance of the Indian society are yet to receive the degree of acknowledgement and honour they deserve. It is befitting for LBSIM – due to its legacy and the credentials – to have contemplated the idea whose time has come.”
The modality of implementing the idea to be proposed is being brain stormed in terms of composition of the Jury, criteria for selection, research base, and method of seeking nominations.”
Professor Mool Chand Sharma, former member National Law Commission was the chief guest who spoke at length about ‘India-Story and Role of Business Leader : Culture of ‘Innovation’, ‘Entrepreneurship’ and ‘Intelligence – Emotional and Social’ (IEI). His pre-drafted speech is given in the attachment below.
Placement 2016 in LBSIM
Director Dr. Arya Kumar in his report highlighted the achievements of the last academic year and presented the details of this year’s placements. A total of 227 students graduated from LBSIM’s Post Graduate Programmes & received their Diploma’s at this year’s convocation. The awards were also given to students such as Lalita Shastri Award, Best Summer Training Award, Best End Term Project Award, and TheAmit Chopra Award among others.
DrArya further stated thus: “For the first time ever, almost 100 percent campus placement of its students for the passing batch of 2015-1016 has taken place much before all its students have finished their courses, but several companies out of 77 that visited the LBSIM campus for recruitment had to return empty handed because it turned out to be a ‘house full’ situation for them. Out of 77 companies, the lead sector this year was was Consulting, research and anlytics skills – big data – was the most sought after sector in placement, wherein last year’s tie up with IBM helped.”
Lal Bahadur Shastri Institute of Management (LBSIM) has managed an exceptional placement season for the batch of 2014-16. The placement season almost got over this year with a total number of 77 companies participating in the placement process for passing out 227 students touching close to 100 percent placement with many new recruiters being added to the diverse portfolio of recruiters.
The placement coordinator DrAlokPandey briefed that “specialization wise, consulting took the lead (25%), followed by marketing and sales (20%), IT enabled services (15%), Banking &Finance(15%) and others were 25% this year.
The average salary package this year was Rs8.3 Lakh as compared Rs7.9 lakh last year and the highest was Rs17 Lac per annum as compared to Rs15.05 lakh per annum last year . However, we see that, unlike what happened 5 years back, students are more concerned about the profile than pay package.”
Recognising LBSIM’s competency in the financial sector, reputed MNCs like D.E. Shaw & Co., Deloitte, PWC, Marsh India, Jardine Lloyd Thompson and EY etc. offered coveted job profiles. Domestic banks also made their presence felt with IndusInd Bank, DCB Bank, Janlakshmi Bank etc. by offering jobs to students from LBSIM.
With its robust growth story the IT & Consultancy domain was well represented by companies like Infosys, NewGen Software, TCS, Tech Mahindra, Wipro, Collabera Technologies etc
A number of coveted and varied profiles were offered this year by a number of first time recruiters like JLT Independent, Evaluserve, UTStarcom, Aircel, Vedanta Resources Plc., Crisil, CARE Ratings, Grail Research, Birla Sunlife Insurance., CBRE, Havells, Religare Health Insurance, Orient Electric., DCB Bank, etc.
Sales and Marketing profiles were offered by companies like Asian Paints, PepsiCo (Varun Beverages Ltd.), LG Electronics, Bajaj Finserv, Penguin Random House, CavinKare, Maruti etc. Financial and marketing research profiles were offered by prominent names like The Smart Cube, Evaluserve, IMRB International, Neilsen, ZS Associates, CRISIL, JK Paper etc. The automobile sector marked its presence through companies like Maruti Suzuki, Mahindra & Mahindra, etc.
The average annual package of the batch is Rs. 8.30 lakh as per the latest record with approx 96% of the batch being placed and the placements are still going on. The highest domestic package offered was INR 16.5 lakhs p.a. About 3% of the batch had multiple offers. Another 3% of the batch secured pre-placement offers.
For summer internship of PGDM and PGDM-Finance, over 45 companies have selected our students for variety of projects locating them on a pan-India basis. The summer placement stipend offered is from Rs. 5,000/- to 55000/- p.m .
Corporate Comm India (CCI Newswire)
