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Now, PSU's queue up at B-Schools

March 06, 2008  |  RSS   |  Tell a friend  |  Printable Version
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New Delhi: Amid the shower of lucrative offers by financial and consulting firms, Public Sector Units and State bodies including the National Thermal Power Corporation (NTPC), Indian Oil Corporation (IOC) & Securities and Exchange Board of India (SEBI) have joined the bandwagon of organizations scurrying to get the brightest minds from some of the best management schools.

State entities including the market watchdog SEBI are some of the new entrants in the campus placements at various B-Schools.

Clearing the air on speculations about the compensation, Mr. M. Damodaran, ex-chairman, SEBI, said, "Last year, we approached the IIMs (Indian Institutes of Management) with a theme that 'we don't pay you less, but we pay in deferred compensation'."

Similarly, NTPC, the country's biggest power generating company is also trying to grab students through pre-placement talks and also by attending the annual festivals of various B-schools.

IIM-Calcutta is confident that placement offers will keep coming from PSUs. "The public sector companies have been offering pay packages to several students over the past few years," says Srikrishna Swaminathan, placement co-coordinator, IIM-C.

IIM-Indore is sure that this year too there would be good placement offers (both summers and the finals) for its students from PSUs which recruited few students last year.

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