Mon, 07 Jun 2010 06:22:36 GMT

IMT-Dubai sees placement offer of Rs 22 lakh

The placement season at Institute of Management Technology (IMT) Dubai is on and till now, has seen its highest salary package at 17,000 Dirham (around Rs 2.2 lakh) per month compared with 15,000 Dirham (around Rs 1.95 lakh) per month last year. The average salary this year stood at 9 Dirham (around Rs 1.1 lakh).

Almost 53 companies have visited the institute's campus and another 25-30 are yet to come to place the batch of 240 students, according to Arun Mohan Sherry, Chairman - Joint Admission Committee, IMT.

"We have placed 67 per cent of the students. KPMG, LG and ICICI have already visited and almost 40 per cent of the profiles have been offered in finance and banking with another 20 per cent in FMCG," he informed. The other companies that have recruited are Kotak Bank, RAK Bank, Bhatia Brothers, Gulf Petrochemicals, among others. Around 25 per cent of the profiles have been offered by telecom and electronics companies.

The placements process began in April end and is expected to be over by the end of this month. "Students either get placed in the Middle East or India. The response to placements is better than last year when the recession had affected the process," added Sherry.

Source: Business Standard