* Offered by University of Twente, Netherlands, highest package at LMTSM this placement season records 44% increase over last
year; average annual remuneration goes up by 16%
* 82.6% students placed, 10.3% decide to opt for start-ups
* 41 companies pick up B-school's industry-ready talent at an average annual
package of Rs 4.84 lakh
* TCS, Hero Motocorp, Volvo Eicher, Reliance ADAG, Practo Technologies, ITC, Philips among top recruiters
May 27, 2015: With the Indian economy showing signs of
resurgence, LM Thapar School of Management (LMTSM), the business school of Thapar University, Patiala, has received an overwhelming response from leading corporates this placement season with the highest package witnessing a
whopping 44% increase as compared to last year and the average annual remuneration going up by 16%.
At a time when most business school graduates are running after white-collar jobs, an MBA passout of LMTSM has bagged this
year's highest annual package of Rs 17.34 lakh for research from University of Twente, Netherlands, ranked among the world's leading universities.
While the placement process, the first since LMTSM came under the CAT
umbrella last year, is still on with top companies like HDFC bank, Kelloggs India and ACC yet to visit the business school's Dera Bassi campus, 82.6% students have already secured jobs. Reflecting LMTSM's special focus on
entrepreneurship, as demonstrated by its dynamic venture lab, 10.3% of its passouts have decided to opt for start-ups.
This year, 41 companies, including 12 first-time recruiters, have picked up the B-school's industry-ready
talent at an average annual package of Rs 4.84 lakh. The number of offers made by corporates has also increased substantially. Reliance ADAG has hired the maximum number of students (six), followed by Practo Technologies
(five) and Philips and Gati KWE (four each). The other prominent recruiters include Tata Consultancy Services, Hero Motocorp, Volvo Eicher, ITC, InfoEdge Ltd (Naukri.com) and Avantha Group, to name a few. Hiring across diverse
sectors has been another feature of this year's placements.
"We thank industry leaders for reaffirming their faith in our dynamic industry-oriented curriculum and a unique in-house pedagogy. These are the major factors that
have enabled us to nurture top-class talent from our region," said LMTSM Director Dr Padmakumar Nair.
About LM Thapar School of Management (LMTSM)
Set up in 2007 with the avowed objective of equipping
technical graduates with the managerial skills necessary to rise through the corporate hierarchy, the LM Thapar School of Management (LMTSM), the business school of Thapar University, Patiala, is redefining the paradigms of
management education to take it to the next level.
Grounded in the ethos of sustainability and inclusiveness, LMTSM is committed to architecting a new business world order, where what is good for corporations will be good
for all stakeholders, by developing professionals who are adept at creating and propagating sustainable and ethical management practices. Based on the fundamentals of ethical decision making, inclusive human resources management,
sustainable strategy development and entrepreneurial growth, this management school seeks to develop a new Indian business model by combining multiple economic and social models with technology as a backbone to create strategies
for success, a novel concept that sets it apart from other business schools. With precisely this in mind, this B-school has 'New India starts here' as its motto.
Spread over 26 acres, the hi-tech LMTSM campus in Dera Bassi,
near Chandigarh, has Wi-Fi-enabled smart classrooms with digital podiums and IP cameras for web streaming and surveillance. Fully equipped with Wi-Fi connectivity (internet bandwidth of 45 Mbps) through a centrally managed access
point, the campus offers the flipped classroom concept to enable students to access their assignments, library or study material at their own comfort, using the Learning Management System. It also provides access to bulletin boards
and web kiosk via Android and iOS mobile apps.
About Thapar University
Ranked among India's leading institutions of engineering education, Thapar University in Patiala, Punjab has redefined technical
education in the country through dissemination and application of actionable engineering knowledge. A steady source of highly skilled manpower to top Indian and overseas corporates, the sprawling 250-acre Thapar Technology campus,
consisting of Thapar University, Thapar Polytechnic and Thapar Centre for Industrial Research and Development (TCIRD), has an extraordinary potential for development of indigenous technology and its transfer to engineering
Standing tall on the four pillars of cutting-edge research capabilities, highly accomplished faculty, enviable infrastructure and smart academia-industry linkages, the 58-year-old university continually reinvents
itself by upgrading its curriculum to match global needs through periodic self-assessment and formal reviews. One of the eight institutes selected by the Department of Science and Technology, Government of India for setting up a
Centre of Relevance and Excellence, Thapar University sets a new benchmark in technical education with each passing day.
The university's Science and Technology Entrepreneur's Park, which was established as a joint venture
between the National Science and Technology Entrepreneurship Development Board, the Union Department of Science and Technology and Thapar University (TU) in April 2005, is a centre for business incubation that is playing the role
of a catalyst in the micro, small and medium enterprises (MSME) sector by tapping new business opportunities through commercialisation and transfer of technology.
Over the years, Thapar University has grown by leaps and
bounds as a research-based university with focus on sunrise areas like nanotechnology, biotechnology and IT. Signifying a pioneering corporate effort to strengthen research, the TCIRD has been facilitating a dynamic interface with
the academia and national and international R&D laboratories.