The students of Institute of Management Technology (IMT), Ghaziabad, have got high salary offers this year. There has been a 12.5 per cent increase in salary offers for the executive education batch at Rs 18 lakh as against Rs 16 lakh offered last year.
Around 30 percent of offers were made by information technology (IT) companies and HCL Technologies made the highest offer, followed by pharmaceutical firms and banks — each at 20 per cent.
Prakash Pathak, head, corporate relations, IMT Ghaziabad said, "HCL Technologies has come to the campus for the first time to hire students of the executive batch. The IT companies are again hiring because their global projects are back on track and we expect this trend to pick up."
The companies that made placement offers include Dr Reddy ’s, ICICI Bank, Dhanlaxmi Bank, Kotak Mahindra Bank, Deloitte and HDFC Bank.
The average salary offered was Rs 12 lakh for the batch of 59 students and the profiles offered were consulting and business analytics in IT, sales, marketing and research in pharma.
He said, "The interesting trend this year was that cross domain hiring happened with banks hiring for their IT profiles. Similarly, IT firms have hired people with banking and logistics backgrounds. Companies have again started showing interest in lateral hiring."
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