NEW DELHI: If placements across campuses in the city are any indication, the recession is well and truly over. The hunt for bright, young recruits is still underway, but various benchmarks have already been broken.
One student each from Shri Ram College of Commerce and from St Stephen’s got the highest ever offers in Delhi University’s history with Rs 32 lakh domestic packages, while an Indian Institute of Foreign Trade (IIFT) student bagged an all-time high international offer of USD 1,50,000. IIFT has seen a 50% rise in average salaries and 10% of all placements have been abroad. Good news has also been coming in from campuses such as Management Development Institute (MDI), Gurgaon, Delhi Technological University (DTU) and Jamia Millia Islamia.
‘‘ It has been a new benchmark in many ways for IIFT. We have got our highestever international offer - a salary of USD 150,000 - from Olam International. Moreover , a record 17 overseas offers were made. The average salary, at Rs 11.54 lakh, saw an increase of 53% over last year,’’ said IIFT’s corporate and placement advisor , Munish Bhargava.
Director of IIFT K T Chacko added, ‘‘ With the economy on the path of recovery , students across campuses are set to reap the benefits.”
At SRCC, economics student Adit Mathur bagged the Rs 32 lakh package from Deutsche Bank. Moreover, the placement season usually ends in December but it is still continuing this year, with 27 companies - about 10 more than last year - having visited the college since last August.
At ICAI,the highest package offered by Abhishek industries for New Delhi and Ludhiana posting is rs 15 Lakh.