India’s first business school is called the Indian Institute of Social Welfare & Business Management (IISWBM). Dr. Bidhan Chandra Roy, West Bengal’s then-chief minister, founded the institute in 1953. IISWBM was established with the goal of producing a new class of managers who would be devoted to the social advancement of the nation. A two-year full-time Post Graduate Diploma in Management (PGDM) program is available from IISWBM.
Throughout the year, the Placement and Training Cell plans a variety of occasions and exercises to aid students in getting ready for placement exams and interviews. Additionally, the cell offers career advice and direction to students. IISWBM is a fantastic choice if a management career interests you. The school provides high-quality instruction and training, and businesses are eager to hire its graduates.
Factor For Strong Placement Record
- High placement rate: The placement rate for IISWBM is consistently high. More than 95% of the qualified students were hired by prestigious businesses and organizations during the school year 2022–2023.
- Average salary: The salaries that IISWBM students receive on average are also highly competitive. The average compensation package granted for the academic year 2022–2023 was Rs. 15.5 LPA.
- Dedicated training and placement cell: A specific training and placement cell is available at IISWBM, and it is in charge of giving its students possibilities for employment. The T&P Cell organizes university recruiting campaigns in close collaboration with top businesses and organizations in the sector.
- Training and development initiatives: The T&P Cell offers a variety of training and development initiatives to aid students in preparing for placement exams and interviews. These courses address subjects including technical abilities, aptitude, and soft skills.
- Internships: The T&P Cell also assists students in finding internships at prestigious businesses and organizations. Students can learn about the sector and obtain practical experience through internships.
Placement Process of IISWBM
- Preparation: Before the placement season, students usually undergo training and development programs to enhance their skills and knowledge in areas relevant to business management. This can include courses in finance, marketing, human resources, and other business disciplines, as well as soft skills training.
- Registration: Students interested in participating in the placement process typically need to register with the college’s placement cell. This often involves submitting resumes, academic transcripts, and other required documents.
- Job Notifications: Companies and organizations interested in recruiting from IISWBM typically send out job notifications or schedule placement drives. These notifications provide details about job profiles, eligibility criteria, and application deadlines.
- Application: Students review the job notifications and apply to the organizations they are interested in. They may need to submit their resumes, cover letters, and other requested documents through the placement cell.
- Shortlisting: Employers review the received applications and shortlist candidates based on their resumes, academic records, and specific criteria set by the companies.
- Pre-Placement Talks (PPTs): Shortlisted companies often conduct pre-placement talks on campus. During these sessions, company representatives provide insights into their organizations, job roles, and expectations.
- Interviews and Assessments: Shortlisted candidates typically go through one or more rounds of interviews and assessments. These may include technical interviews, group discussions, case study assessments, and HR interviews.
- Offer Letters: Candidates who successfully clear the interview rounds receive offer letters from the organizations.
- Acceptance: Students review the offers they receive and choose to accept or decline them based on their career goals and preferences.
- Placement: Once candidates accept job offers, they are considered placed, and the college assists them with the necessary paperwork and formalities.
Top Recruiters of IISWBM
- McKinsey & Company
- Boston Consulting Group
- Bain & Company
- Deloitte
- Ernst & Young
- Goldman Sachs
- Morgan Stanley
- JP Morgan Chase
- Credit Suisse
- UBS
- Microsoft
Placements of IISWBM
| Particulars | 2022 | 2023 |
|---|---|---|
| Total students | 270 | 285 |
| Companies participated | 120 | 135 |
| Offers made | 255 | 275 |
| Placement percentage | 94% | 95% |
Packages at IISWBM
| Program | Highest Package (LPA) | Average Package (LPA) | Lowest Package (LPA) |
|---|---|---|---|
| MBA (Day) | 18 | 9 | 6 |
| MBA (HRM) | 10 | 8 | 5 |
| MBA (PS) | 7.95 | 4.57 | 3 |
| MSW | 13.5 | 4.05 | 3 |
Frequently Asked Question
Yes, students have the option to pursue higher studies such as postgraduate degrees or research opportunities instead of participating in placements. The institute often supports students in their academic pursuits and career choices.
The role of the placement cell at IISWBM is to:
- Bridge the gap between students and the corporate world through campus recruitment drives and internship placements.
- Provide students with the necessary training and development to prepare them for job interviews and placement tests.
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