Lovely Professional University offers internships and placement opportunities for MBA graduates. Students must have a well-formed CV to apply for their preferred company and job role. Therefore, students are required to continue internships side by side with their studies.
Based on the multiple reviews available from LPU MBA students, top MNCs visit LPU Punjab to recruit MBA students across various specializations. As per Review 1, most of the companies offer a huge package to MBA students. If a student is good academically, he or she can pitch for a higher package at LPU. Famous organizations like Amazon, Deloitte and Accenture visit the campus. The highest and lowest package for MBA at LPU is INR 23 Lakhs and INR 6 lakhs annually. Review 2 student states that last year’s graduates are eligible to take an OJT. For MBA, some of the top companies that visited the campus this year include BIG 4, Asian paints, Bajaj Finserv, Wipro, etc. From 3rd review, we get information about LPU’s average package for MBA which ranges from INR 4 Lakhs to INR 5 lakhs per annum. The CTC may rise depending on the skills and knowledge of students. A large number of students get placements and companies like Microsoft, Amazon and Flipkart visit the campus. Notably, the 4 review talks about the high placements in the sales department. Students having potential can get decent packages with the minimum average package being INR 5 LPA. Finally, according to the 5th review, students become eligible for placements 4th semester onwards. Companies like Infotech, Cognizant, TCS, and Federal Bank visited the campus. Some companies do mass recruitment as well. Students who work hard get placements at LPU. The highest package grabbed by an MBA student is INR 30 LPA and the average salary stands at INR 4.50 LPA. Further, the student talks about his plans of getting placed in a prestigious company with a good profile. Around 90% of students get placements in MBA.
To summarize, LPU MBA students are hired by top organizations. The students can apply for final placements in their last semester. Candidates having a good academic record will easily get placements and can demand a better package from the recruiters.
LPU places around 70% to 80% of B.Sc. Agriculture students. The university offers placement assistance to students from the very first year of college by conducting multiple seminars, webinars, industry interactions, field visits, etc. However, to be eligible for final placements, B.Sc. students have to maintain a good academic record.
According to Review 1, the average package offered to Agriculture students at LPU ranges from INR 5 Lakhs to INR 6 Lakhs per annum with an 80% placement rate. Students have to prepare well in advance due to high competition. However, if a student has the required skillset he or she can easily secure a job through LPU placements. Most of the students choose to pursue a master's in the same university because the packages offered to M.Sc. Agriculture students are much better. From the 2nd review, the following insights are drawn: B.Sc. (Hons.) Agriculture students are eligible for placements from the 5th semester onwards and companies like ITC, UPL, SYNGENTA, NFL, and INMOVIDU are among the top recruiters and students have a 50% chance of securing placements with them. Review 3 adds more to the list of companies visiting for B.Sc. and placement eligibility criteria & states that LPU guides students from the beginning by providing placement classes and students become eligible after completion of their 3rd year. Companies like ITC, Bayer, Syngenta, Fasal, Adani Wilmar and some Ed tech organizations hired 250-300 B.Sc. students and 70% of students got placed in the Agriculture department. The 4th review highlights placement statistics indicating the highest package offered to a B.Sc. Agriculture student is INR 8 LPA. The average package stands at a range of INR 2 lakhs to INR 3 Lakhs annually and the lowest package closed at INR 1.50 LPA. The review also adds to the information of 90% of students' placements in B.Sc. Agriculture. But most of the students choose to pursue higher studies or start their own business instead of getting a job.
From the mixed reviews given above, we can estimate that LPU offers an average package of INR 2 LPA to INR 6 LPA for B.Sc. (Hons.) Agriculture students. The placement percentage also varies based on companies approaching to recruit. Students must be in touch with the placement cell for regular updates. The placements for eligible students begin in 5th semester or final year.
The above answers are based on the following reviews:
The summer internship of batch 2022-24 recorded 100% placement with the participation of 109 companies and among them 41 were new recruiters. The highest stipend stood at INR 3.50 lakhs, the average at INR 1.39 lakhs and the median at INR 1.50 lakhs for 2 months. The Sales & Marketing domain was the best-performing domain with the most offers.
The domain-wise placement statistics are as follows:
Domains | Percentage of Students |
---|---|
Sales & Marketing | 49% |
Operations and IT | 19% |
Analytics and Consulting | 12% |
General Management | 11% |
Financial Management | 9% |
The sector-wise placement statistics are as follows:
Sectors | Percentage of Students |
---|---|
BFSI | 18% |
FMCG/ FMCD | 23% |
IT/ ITES | 16% |
Manufacturing | 13% |
Strategy & Consulting | 11% |
Miscellaneous | 19% |
IIM Sambalpur has concluded its summer internship placement for MBA batch 2023-25 with a 100% placement record. Some of the top recruiters that participated were Boston Consulting Group (BCG), PwC, EY, Accenture, Gartner, Vedanta Group, ICICI Bank, Micron, Reserve Bank of India (RBI), Bennett Coleman & Co. Ltd. (The Times of India), Tata Capital, Red Bull, AkzoNobel, Kansai Nerolac Paints Ltd, ProcMart The Belgian Waffle Co, VEGROW and Perceptive Analytics.
The MBA batch 2022-24 also achieved a 100% placement for the batch of 193 students. The average stipend recorded was INR 65,382, which was 6.14% higher than the previous year. The median stipend stood at INR 40,000 and the highest stipend at INR 2,00,000.
The average stipend for the female students was INR 69,256 and for the male students were INR 63,310. Most number of students received offers inthe Sales & Marketing domain, followed by Operations. The domain-wise offers made to the students are as follows:
Domain | Percentage of Offers |
---|---|
Sales & Marketing | 49% |
Operations | 22% |
General Management | 10% |
IT/ Analytics | 5% |
Consulting | 3% |
HR | 3% |
The sector-wise placement of IIM Sambalpur are as follows:
Sectors | Percentage of Offers |
---|---|
BFSI | 27% |
Media and Entertainment | 22% |
Ed-Tech | 16% |
IT/ ITeS | 9% |
Infrastructure and Manufacturing | 6% |
Pharma & Healthcare | 5% |
FMCG/ FMCD | 5% |
Consulting | 4% |
Conglomerate | 3% |
Others | 3% |
According to the summer internship placement of batch 2022-24, a total of 67 recruiters visited and made 279 offers. The highest stipend stood at INR 4.75 lakhs and the average and the median stipend at INR 2.06 lakhs and INR 2 lakhs respectively. The average stipend witnessed a growth of 18.86% from the previous year.
Most of the offers were made in the Sales & Marketing domain followed by Consulting & Strategy. The highest stipend was offered in the Consulting & Strategy domain. The domain-wise placement statistics are as follows:
Domains | Percentage of Offers | Highest Stipend |
---|---|---|
Sales & Marketing | 29% | INR 3.60 Lakhs |
Consulting & Strategy | 25% | INR 4.75 Lakhs |
Finance | 16% | INR 3.92 Lakhs |
IT & Analytics | 10% | INR 2.46 Lakhs |
General Management | 10% | INR 3.20 Lakhs |
Human Resources & Operations | 10% | INR 3.92 Lakhs |
Also, most of the offers received were in the Consulting sector, followed by Manufacturing & Retail. The sector-wise data are as follows:
Sectors | Percentage of Offers |
---|---|
Consulting | 24% |
Manufacturing & Retail | 23% |
BFSI | 20% |
IT & Analytics | 14% |
Technology, Media & Telecommunication | 8% |
FMCG | 2% |
Others | 9% |
Master’s Union students have shown amazing results since its inception. During the 2023 placement drive of cohort 2023, around 137 recruiters visited to hire the batch of 163 students. The highest package offered was INR 57.08 LPA, the average package was INR 34.07 LPA and the median package was INR 32.18 LPA. The other placement details of the 2023 cohort are as follows:
IMI Bhubaneswar is listed in the 2nd-tier B-school list of SBI and Canara Bank, which makes it easier to secure a loan from the bank. There are many options available for students to get an educational loan without any difficulty from various banks. The candidates will have to present all the required documents to smoothly process the loan application process, like educational marksheets, an Aadhar card, a PAN card, etc.
The total fees are paid in six installments to reduce the burden of paying huge amounts in one go. The mess fees are taken on a half-yearly basis, and hostel fees are taken for the whole year. There are due dates attached to the instalments; failing to comply with them will attract a fine of Rs. 1000 daily.
For the refunds regarding the fees, IMI Bhubaneswar follows the guidelines of the UGC to address the same as per the norms issued in 2018. Students withdrawing before the formally announced last date of enrollment receive variable fee reimbursements. Withdrawal 15 days or more prior results in a 100% refund, minus a processing penalty capped at ?5000 or 5% of fees paid. Withdrawal within 15 days prior to the last date merits an 80% return, reducing to 50% between 16 and 30 days after the last date. No refund is provided beyond 30 days.