Top MBA colleges in South India are known among the students for ensuring 100% placements for them. Today, MBA is considered to be a sure-shot way to a successful career among the students, but merely doing an MBA from any B-school may not be enough for that. If you want to build a successful career as a management graduate, it is very important to pursue MBA from Top B-schools with Best Placement Records in South India. MBA offers a level-playing field for students from all the backgrounds; be it engineering, commerce or humanities and therefore, the competition to get admission to top MBA colleges in South India that have good placement record is very essential.
Apart from students who have recently completed their graduation, even working executives look at MBA / PGDM programmes as a means to expedite their career growth in the corporate world. Getting admission to the top B-schools with excellent placement record is essential for them as well. Getting admitted to one of the top MBA colleges in South India with guaranteed placeents can fast-track their career growth phenomenally.
Hype around MBA Placements
The perception of MBA graduates wearing business suits and making a ton of money works great as a marketing exercise, it doesn’t reflect the reality of the situation. While many may take exception at the word hype with respect to MBA placements, but that is what truly defines the MBA education market that has emerged in India. Of the approximate 4500 MBA institutes in India, only a handful has been able to ensure rewarding and lucrative job opportunities for the students. Even among the ones that have been able to secure campus placements for the students, the job opportunities and remuneration offered is nowhere commensurate with the high fees charged by the institutes for MBA / PGDM programmes.
MBA Placements in South India
The scenario of MBA Placements in South India is in even more dismal, thanks to the mushrooming of MBA colleges in almost every major city and towns of the region. The emergence of the silicon valley of India in Bangalore and deeming of Hyderabad as the IT centre of the country has done little to create management jobs for MBA students. The start-up culture, which primarily thrives on the funding of venture capitalists, has often led to the rise of great employment opportunities, which only last for a while. Zomato, TinyOwl and Housing.com are just a few recent examples of start-up burnouts in recent past.
Is MBA dream is fading fast?
There is no simple or one-word answer to this question! The situation does look dismal, and many have gone on to argue that the lucrative MBA dream if fading fast in India. Numerous reports have amplified the dreary condition of MBA education in India, time and again. But on the other hand, successful employment statistics put forth by top management colleges of India, express contrary sentiments.
So, who is to blame? Some may say MBA colleges and B-schools that market themselves as a shortcut to success while providing sub-standard management education. While others blame the students for not making a well informed and educated choice regarding MBA institutes.
Importance of Placements Record while choosing MBA colleges
Before we move on to bash the institutes, it is important to realize that like every other industry, MBA education sector comprises of some ‘Good, Bad & Ugly’ elements. The good ones have been monumental in the promotion of management education in the country, churning out management professionals that have made the country proud at national and international level. On the other end of the spectrum, the Bads and the Ugly of the management world are the ones that can be attributed to the vices plaguing the MBA education in India.
Therefore, the onus to pick the Good MBA College lies upon the aspirants! MBA candidates should pick a management college that only offers excellent academic training but also helps in inculcating the necessary skills required to handle modern day business process. In addition to this, a well-structured placement infrastructure is another factor, which should form the primary basis for the selection of a top MBA college in South India. Merely considering the placement statistics put out by the MBA colleges, doesn’t make the cut, when it comes to understanding the placement facilities of management institutes. Students should try to decode the number and figure out, where does the institute stand actually, when it comes to securing rewarding, long-term lucrative career opportunities for the students.
Without a doubt, it is a tough job to crack! But to help MBA aspirants choose the right college, we have compiled a list of top B-schools as per their placement infrastructure and records.
Top MBA Colleges in South India by Placements
1. Indian Institute of Management, Bangalore
IIM-Bangalore coming out on top of the list of top MBA colleges in South India in terms of placements comes as no surprise. The institute has been termed as one of the finest B-schools of the country and has consistently provided to back this tag. Backed by excellent placement infrastructure, the institute has been a liaison with top brands and leading firms to coordinate recruitment activities on the campus. Apart from the placement cell, IIM-B also houses a Career Development Services office, which organizes regular career training and skill enhancement workshops, pre-placement interviews, career support services, on-campus placement interviews and others.
The final placements for PGP batch of 2013-15 comprising of 398 students were offered a total of 450 offers during the placement sessions. The offers included more than 200 different profiles in a variety of sectors like product management, business consulting, business leadership, category management, general management operations management and others. The top recruiters included prominent names like Goldman Sachs, Merrill Lynch, American Express, Deutsche Bank, ICICI prudential, Axis Bank, Yes Bank, KPMG, Reliance Industries, L&T, P&G, Hindustan Unilever, Coca-Cola and others. In terms of sector wise offers, Business consulting ranked top with 27% offers, followed by Finance with 18% offers. A more detailed break-up is provided below:
2. Indian Institute of Management, Kozhikode
Being part of the reputed IIM family comes with its own set of perks and responsibilities. IIM-Kozhikode has surely emerged a winner in both these aspects. The training and placement cell of IIM- Kozhikode has been entrusted the task of preparing the students for the placement sessions by providing skill development workshops and training. Summer Internships and lateral placement process ensure that students of Indian Institute of Management, Kozhikode have all the available options at their hands, when it comes to the final placements. In fact, year after year, the institute has shown significant growth in terms of placement statistics.
For the PGP batch of 2013-15, a total of 347 MBA students participated in the placement process, which culminated in 359 offers being made to them. Some common highlights for placement session 2015 are given below:
Banking and Financial Services took the cake in terms of percentage of offers being made to IIM-K students. Top names included Axis Bank, Citibank, CRISIL, Deutsche Bank, Edelweiss, Fidelity, Goldman Sachs, HSBC GR, ICICI, ICRA, J. P. Morgan and others. Business consulting, which scored 19% of total offers saw diverse roles being up for grabs from Accenture Strategy, Avalon Consulting, Cognizant Business Consulting, Deloitte, EXL Services, Genpact, IBM, Infosys, MCS, KPMG, MuSigma, Paramount and others. The sector-wise break-up of total number of placement offers for IIM- Kozhikode is given below:
3. TA Pai Management Institute, Manipal
When it comes to private Management Colleges in South India, TA Pai Management Institute emerges on top of the list. Located at Manipal, the institute has earned name and repute for itself by offering academically sound management programmes that not only prove their worth when it comes to placement. Backed by the excellent infrastructure for placement activities, TAPMI has been able to ensure near 100% placement record for last few years. The final placement for PGP batch of batch of 2013-15 has concluded recently, with a total of 107 companies making 391 offers and recording 100% placement record. The average salary offered at TAPMI PGP Placement 2013-15 went up by 3.5%, to Rs. 8.70 lakhs from last year’s Rs.8.41 lakhs. Other highlights are given below:
In terms of sector-wise distribution of offers, IT/ITeS (30 companies) emerged on top with 41.1%, followed by BFSI (18 companies), which recorded 15.34% offers.
4. Loyola Institute of Business Administration, Chennai
Ranked 3rd among ‘B-Schools in the South’ by Times of India, February 27’ 2015, the Loyola Institute of Business Administration offers a well-structured placement programme for the students. Popularly known as LIBA, the institute organizes several placement assistance programmes to enhance the employability of the MBA students. These include pre-placement talks, seminars, workshops, conferences, guest lectures and industry interactions.
The organization has already completed the placement season for the academic year 2013-15, with an average packaged of up to 8.80 LPA being offered to the students for the current batch. Other highlights for Placement session 2015 are given below:
In terms of the sector-wise break-up of placement offers, IT/ITES companies made 36% of offers with top names like HCL, Cognizant, Infosys, Accenture and Wipro participating in the placement drive. Banking and Financial services sector stood second in terms of the number of offers, with 30% of placement offers being made by HDFC, CRISIL, CARE, Bajaj Finance, L&T Finance, ICICI Bank. Statistical break-up is given in the chart below:
5. Symbiosis Institute of Business Management, Bengaluru
A constituent part of the reputed Symbiosis International University, Symbiosis Institute of Business Management is surely one of the most well-known B-schools of South India. Apart from its academic prowess, the institute has been consistently applauded for the placement efforts they put-in to ensure excellent and rewarding career options for the students. The SIMB enjoys excellent placement track record in last few years with many leading MNCs visiting the campus for placement sessions. Apart from on-campus interviews, the institute also runs pre-placement assistance programme to enhance the employability of the students. These include pre-placement talks, guest lectures, industry visits, conferences, seminars and workshops.
As far as final placements for the batch of 2013-15 are concerned, the institute saw exponential growth in terms of the diversity of job profiles being offered to the students, as well as the packages being offered. A total of 169 students, who appeared for the placement session 2015, were offered roles in a variety of sectors. The highest package offered was Rs. 15.5 lakh per annum, whereas the average package offered, was 8.53 lakh per annum.
In terms of the sector-wise break-up of placement offers, IT/ITES companies emerged on top, followed by business consulting profiles. The traditional sectors of BFSI, Marketing, Operations and HR also attracted offers for diverse role profiles. Banking & Financial Services Industry attracted placement offers from reputed firms like Bharti AXA, Dell, CRISIL, Fidelity Investments, JP Morgan and South Indian Banks. From marketing sector, companies like Zomato, CISCO, Puma, Tata Motors and Accenture made offers.
6. Xavier Institute of Management,
Part of the reputed Xavier University, the Xavier Institute of Mangement- Bhubaneswar has been named in this because of its excellent academic track record, which has helped students build lucrative careers. The placement efforts at XIMB are pioneered by a well-structured placement cell that looks after enhancing the employability of the students. For this, the institute organizes regular workshops, training, internship programmes, personality development seminars and pre-placement talks. The very popular placement week ‘Xuberance’ is the mainstay of placement programme at the XIMB, during which pre-placement talks and company-student interactions are held.
According to the latest report published by the XIMB, the institute has achieved 100% placement record for the PGP batch of 2013-15. Statistical highlights for Xuberance 2015 are given below:
As far as the sector-wise break-up of the XIMB Placements 2015 is concerned, Business consulting and Marketing emerged on top with 30% and 27% of offers being made from these sectors, respectively. The regular recruiter like Deloitte, HCCBPL, KPMG, PwC, TCS, CBC, L&T, SBI and Tata were part of XIMB placement session. Among the new recruiters, HSBC, Citicorp, IRIS, Goldman Sachs, Spencer’s, Amazon and IBM made their presence felt at Xuberance 2015. Domain-wise break-up statistics are given below:
7. Department of Management Studies, Indian Institute of Technology, Madras
Although not as popular as other mainstream B-schools in South India, the Department of Management Studies at IIT-Madras has emerged as a preferred choice for MBA aspirants having technical backgrounds. The institute has shown exceptional record when it comes to placement activities and has registered 100% placement for the PGP batch of 2015. Apart from conducting on-campus interviews with top tech firms, the institute also organizes skill enhancement seminars and workshops to improve employability quotient of the candidates.
The DMS, IIT-Madras has already completed the final placements for the batch 2013-2015. Of the total 71 students, 70 were placed successfully through the placement programme of the institute, while 1 student opted out of the placement process. For this year’s placement session, the average CTC offered to the students rose from Rs 8.9 LPA to 10.45 LPA. The highlights for the same are given in the table below:
In terms of sector-wise distribution of offers, IT/ITES companies stood tall with 37% offers coming from them. Reputed name fro IT/ITES space like Wipro, Infosys, Dell, Cognizant, Sutherland and Intel were the key recruiters from this sphere. The Banking and Financial services sector came in second with 24% of students being offered jobs in this domain. Top recruiters in BFSI included RBS, JP Morgan, HSBC, IDFC, Citi Bank among others.
8. Great Lakes Institute of Management, Chennai
Popularly known as the MBA bastion of Chennai, the Great Lakes Institute of Management is very popular among the management aspirants because of their excellent placement programme. The institute has set up an independent ‘Training & Placement Cell’, which acts as a bridge between the students and corporate organizations. The cell organizes several activities through the year to help students gain a competitive advantage over peers when it comes to job opportunities. Pre-placement talks, live projects, guest lectures, seminars, personality development workshops and internships; help GLIM students gain the necessary skills and experience necessary to enhance their employability quotient.
The placement sessions for both PGDM and PGPM programmes have been successfully completed at the Great Lakes Institute of Management, Chennai. The institute registered a commendable 100% placement record for this session. Snapshot for the same is given in the table below:
The placement session 2015 at the Great Lakes Institute of Management saw the participation of a diverse mix of companies across IT/ITES, Consulting, E-Commerce, Analytics, Telecom, Financial Services, Manufacturing domains. For PGDM programme, in terms of job profiles/roles, Sales & Marketing saw the highest number of offers with 37%, followed by technology consulting with 31%. For PGPM programme, sales and marketing roles saw 43% offers, finance saw 23% and IT/Operations saw 17%. The sector-wise and role wise break-up for PGDM and PGPM programmes is given below:
GLIM, Chennai – PGPM Course Placement break-up
GLIM, Chennai – PGDM Course Placement break-up
9. Indian Institute of Management, Tiruchirapalli
One of the youngest IIMs of the country, Indian Institute of Management, Tiruchirapalli has begun their operations on the right note to leave their mark in the management education sector. The institute has been organizing placement activities on its campus to give an edge to the students pursuing academic management studies at there. These include pre-placement talks, industry interaction, internships, live projects and connect with industry leaders. Apart from this, the placement cell at IIM-Trichy also organizes regular skill workshops and personality development seminars to ensure that students are equipped with practical skills to manage and operate in modern day global business process.
For the batch of 2013-15, the final placement process was successfully completed by IIM-Trichy, with a record of 100% placement. Of the 106 students, 103 students participated in the placement sessions, with three opting out for academic and entrepreneurial reasons. A total of 103 companies visited IIM-Trichy for campus recruitment drive, which includes top names like LatentView, BPCL, KPMG, HCL, Berger Paints, L&T and ICICI Bank.
Companies from different sectors visited IIM-Trichy for the placement session of 2015. The sector-wise break-up of placement offers indicate, IT/ITeS companies contributed 30% of total offers, followed by BFSI with 28%. The top recruiters included some prominent names of corporate world like CBC, KPMG, ICICI Bank, SBI, RBS, Dabur, CCD, HCL, Sonata Software, L&T, Berger Paints and Infosys.
10. Alliance School of Business, Bangalore
Listed among the top MBA colleges of Bangalore, the Alliance School of Business has worked really had to find its place on this list. A constituent of the iconic Alliance University, the Alliance B-school has a dedicated Career Advancement and Networking (CAN), which operates through the year, trying to build long-term relationships with industry leaders and professionals across different sectors. Apart from this, the CAN also offers placement guidance and organizes skill development / training workshops for the students.
For the placement session 2015, the Alliance School of Business created close to 1800 career opportunities for their students with the help of 245+ recruiters. Top recruiters included AON, KPMG, TCS, Deloitte, BOSCH, Mahindra, CRISIL, HCL, Akamai, Croma, BlueDart, MTS, RedFM, Aditya Birla Retail, Videocon and Del Monte.
The placement snapshot for 2015 is given below:
The sector-wise break-up of Alliance Business School placements for 2015 is given below: