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Chennai, Apr 11, 2011: LIBA (Loyola Institute of Business Administration), one of India’s
premium management institutes to consistently rank in the Top 10, today announced the
successful closure of final placements for its 2011 management batch consisting of 110
students. LIBA, which kick started the placement season in the first week of Dec 2011, had
10 pre-placement offers in its bag even before the final placement began at campus.
Marketing as a function topped with 45% of the students being placed in it Finance
profiles accounted for 39% and Human Resource 16%. BFSI as an industry dominated
with 39% of the total students being placed therein. The average salary package of Rs.
8.33 lacs p.a. is higher by about 12% from last year. The B-school was ranked 9th in
India’s top 10*Best B-School survey by Business Today in 2009 and was also recently
awarded the B- School Leadership Award at the 18th B-school Affaire and Dewang Mehta
Business School Awards organized by HUL in 2010.
Speaking on placements, Fr. Christie, Director, LIBA said, “LIBA always enjoys the
pleasure of 100% placement since inception and in the recent years, both the number of
firms and the quality of profiles have been continuously improving. This year we witnessed
high-profile job placements in financial sector such as Investment Banking and Treasury
Banking. These job profiles require not only MBA grads but market-ready change agents
who are capable of creating new knowledge for tomorrow’s business needs. We are happy
that LIBA has been able to create such change managers and prepare them to fulfill the
market needs.” He added, “More marketing job offers were made than sales, this year. LIBA
saw many new firms participating from sectors like pharmaceutical and online venture
companies. We were delighted to have more number of repeat recruiters which only shows
that LIBA students have continued to deliver the best performance at workplace” With the
recent introduction of Social Media Marketing as an elective for its esteemed 2 year full
time MBA programme LIBA not only became the first college in India and third in the world
to offer so but also bagged placement this season in that space.
The batch also saw 3 students opting out of placements to start their own firm,
treading on the path of entrepreneurship. Major companies that visited the campus include
ICICI, Infosys, Cognizant Technology Solutions, Deloitte, besides, Yes Bank, KU
Learn and Ramco System being the first time recruiters. LIBA has always ensured that
students are imbibed with ethical lessons while creating the change makers of tomorrow
and is probably the reason behind LIBA’s receiving overwhelming response with quality and
competent job profiles from diverse industry sectors.
About LIBA: