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Salary package of Rs 10 lakh for DU student

It has not exactly been a year of great financial highs, what with the spiralling inflation and global slowdown fears, but students in Delhi have managed to do well for themselves as far as placements are concerned.

education Updated: Nov 16, 2011 14:39 IST
Garima Upadhyay

It has not exactly been a year of great financial highs, what with the spiralling inflation and global slowdown fears, but students in Delhi have managed to do well for themselves as far as placements are concerned.

Says Sonia Sareen, placement officer at Shaheed Sukhdev College of Business Studies (CBS), “The placement season has been pretty good for our students. A number of good companies have approached us. Some have even visited the campus and made offers to the students. This year, so far, we have placed around 41 students who were chosen by seven companies that came to the campus. The highest package that has been offered to a student is Rs10 lakh. We are expecting the number to go up in the second round of placements, which begin in January.”

CBS ‘lukewarm’
Last year, CBS students received 120 offers and 110 were placed in various organisations. In 2010, the highest package offered was of Rs 10.8 lakh while the average package stood at Rs 5.5 lakh.

The Central Placement Cell (CPC) and most other colleges under the University are over with the first phase of placements. The last date of registrations was October 31.

The response at CPC has been lukewarm so far this year. In the first round of placements, 22 students registered with the CPC received placement offers with salaries averaging around Rs 2.5 lakh per annum. Things, however, are expected to change with the entry of a leading Japanese company in the second recruitment phase, with promises of lucrative packages and Tokyo postings. The student registrations for CPC ended on October 31.

Last year, the CPC had placed around 1000 students out of 12,000 who had applied and the highest package offered to a PG student stood at Rs 5.5 lakh last year. This year, however, there are high hopes from the cell.

At the Netaji Subhas Institute of Technology (NSIT), however, placements have been extremely vibrant, says a student placement co-ordinator. “Placements at NSIT are never a problem. Every year, students are placed in leading companies in information technology, investment banks, automobile and manufacturing. This year as well, most students in the campus have been placed in at least one organisation during the first phase of the placement drive. We have also seen some very good packages offered to the students – but we want to keep the numbers confidential right now, “ he adds

Most Delhi University colleges along with the CPC have finalised the first phase of their placements. The colleges are on a break for the first semester examinations and shall resume the second phase of placements in January next year.

A better life, guaranteed!
Unlike most of her friends, she didn’t feel the need to fill up forms and apply for a postgraduate qualification. Meet Nimisha Arora, a former student of Delhi University’s School of Open Learning.

Now a marketing executive with a leading multinational company, Arora says, "When I was in college, the placements were a fairly new concept. Even then, I opted for them (a number of her friends did not apply).” Back then, a lot of BPOs and KPOs came for the college placements. Arora was hired by one of the KPOs at an above average package.
“Over the years I feel that the decision was right. Though initially the salary wasn’t very impressive, the learning was quite rigorous. My stint at the KPO helped me train well and gave me an insight into managing both my personal and professional life. Apart from that, another fact that made me enjoy my first job was that some of my friends had also joined my company. While working together, we made the transition from being friends to being colleagues. We learnt a great deal about professionalism, work culture and work-life balance. Today, I am very well-placed in my professional life. I am thankful that my college and my first job gave me the tools and the confidence to reach where I am today.”