05 Feb 2018 15:19 IST

LIBA leads in first-phase placement drive

85 per cent students secure jobs in top MNCs

Loyola Institute of Business Administration (LIBA) announced the successful placement of 85 per cent students from the batch 2017-2018 in its first-phase of placement drive. The placement drive witnessed top MNCs from across industry segments absorbing students for various job roles. There was a significant spike in the remuneration, the highest being Rs. 17.5 lakh per annum.

The campus placement drive saw offers from sectors such as analytics, e-commerce, manufacturing and retail. BFSI emerged as the top industry recruiter this year with a 36 per cent share, followed by 18 per cent recruitment in consultancy sector. Offers from manufacturing sector increased from 4 per cent to 16 per cent and retail industry saw an increase of 7 per cent. This season also witnessed first-time offers from analytics (3 per cent) and e-commerce (5 per cent) sectors.

Commenting on this, Fr P Christie SJ, Director – LIBA, said, “We are delighted with the outcome of our placement drive in its first-phase and it is indeed a significant achievement for the institution that 85 per cent of our students have been absorbed in growing industry sectors. Last academic year we revamped the curriculum to meet the current needs of the industry and introduced several programmes in partnership with industry doyens with a focus to groom our students to think ahead of the curve.”

The campus placement drive had a total of 43 recruiters including MNCs such as GEP Consultants, HSBC, Nestle, Walmart, and CITI Bank. Fourteen first timers such as Citi Corp, Airtel, Walmart, and Bank of America-Merrill Lynch also secured aspiring candidates from the programme.

Apart from the regular recruiters of the tier 1 level, new additions such as Amazon Kindle, WABAG, Latent View, 2ADPRO, Indegene, and TVS Wheels India Ltd recruited students. There were also pre-placement offers from JP Morgan, Crisil, Nestle, MuthootFincorp, and TVS & Sons.