GNDU students get encouraging placements
Despite the economic slowdown, Guru Nanak Dev University (GNDU) attracted some of the major companies and banks during the 2011-12 academic session for an on-campus placement of students.punjab Updated: Jun 15, 2012 13:13 IST
Despite the economic slowdown, Guru Nanak Dev University (GNDU) attracted some of the major companies and banks during the 2011-12 academic session for an on-campus placement of students.
In the 2011-12 session, as many as 604 students got the job letters. Though the number fell short of the record 701 placements in 2010-11, still it was impressive, considering the fact that the global economic slowdown had adversely affected recruitment by companies, particularly of freshers.
"We are satisfied with the placement figure as a couple of companies that used to be our regular visitors did not come this time due to economic reasons," said GNDU's director, Placement Cell, Hardeep Singh, while talking to HT here on Thursday.
Another reason attributed to the fall in the recruitment figure was that a number of students in departments like chemistry, physics and pharmaceutical sciences are opting for higher research. Even a number of MBA students prefer joining family businesses than working for others.
IT companies lead placements
As was the case in the last couple of years, IT companies took a major chunk of the students from the computer science and engineering (CEC) department, followed by the electronic communication and engineering (ECE) department. They did not limit themselves only to B Tech students, who will be getting their degrees next month, but also went for postgraduates.
As was the case in 2010-11, this time also, Tata Communication Systems (TCS) led the IT majors, handing over job letters to 301 students. In 2010-11, TCS had picked up 272 students. Accenture picked up 111 students while Capgemini gave job letters to 24. The annual pay package of TCS ranged from Rs 3.15 lakh to Rs 3.25 lakh while that of Accenture it was Rs 3.03 lakh and Capgemini offered Rs 3.6 lakh.
Top pay packages
The highest annual pay package offered in 2011-12 was by Samsung Electronics Limited. While it picked up one student of CSE for a package of Rs 6.25 lakh, it picked up 13 other computer students for a pay package of Rs 6.15 lakh each.
Another IT major, Thought Works, picked up a single student with an offer of Rs 5.86 lakh while Information Mosaic also selected one student with a package of Rs 4.1 lakh. Headstrong, another IT company, offered job letters to 14 students with a package of Rs 3.5 lakh each.
Banks and other companies
Leading banks of the country also visited the campus, picking up 54 MBA students. While Axis Bank with an annual pay package of Rs 3.15 lakh gave job letters to 32 students, HDFC Bank with a pay package of Rs 2.82 lakh picked up 16 and Oriental Bank of Commerce with a package of Rs 3.5 lakh selected six students. SBI Life Insurance also chipped in with six students at a pay package of Rs 2.5 lakh each.
Besides IT companies and banks, some of the leading food companies also offered job letters to students of food technology. These companies included Nestle, Vadilal, Shree Renuka Sugars, Olam Industries and Rana Sugars.
Private institutes in the education field also visited GNDU to pick up postgraduate students for their teaching departments.
The Placement Cell will pay particular attention to brushing up the communication skills of students ahead of the visit of any company to the campus in 2012-13. "Some of our students despite having a good knowledge of their subject get rejected as they are not able to communicate or express their ideas during interviews. For this we will hold special sessions with a private agency," added Hardeep Singh.