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Saturday, April 23, 2011

DoMS Up!

The Hindu : Education : Placement cheer: "At the Department of Management Studies, Indian Institute of Technology, Madras (IIT-M), the average salary rose by 13.50 per cent to notch Rs. 9.25 lakh per annum in 2011. The percentage of companies that visited the institute increased by 32 per cent from last year. And the highest salary offered was Rs. 16.67 lakh per annum. IT consulting and operations topped the pie-chart with 47 per cent of placements followed by finance, analytics, IT systems and marketing streams contributing to another 43 per cent.

“It has been 100 per cent placements since the inception, even when the market was lull during global recession,” says Prof. C. Rajendran, Head, DOMS, IITM. “Only the package fluctuates. This year, the position was better for negotiations,” he adds."

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