PU's UIAMS sees highest package of Rs 16.42 LPA, average stands at Rs 6.84 LPA
As many as 87 MBA students at the University Institute of Applied Management Sciences (UIAMS), Panjab University (PU), Chandigarh, have secured campus placements, with 9 of them receiving an impressive Rs 16.42 lakh per annum (LPA) package, the highest package for the institute students this season, with the average being Rs 6.84 LPA.
The placement drive witnessed participation from 26 leading companies across diverse sectors, including banking, finance, IT, insurance, marketing, and consulting. Federal Bank, Mahindra Finance, Capgemini, Bunge, Tirupati HealthCare, SBI Mutual Funds, HDFC Life, Policy Bazaar, Growwtide, and Vodafone Idea, were some of the major recruiters.
The recruitment season saw companies offering roles such as management trainees, sales executives, relationship managers, business development managers, client consultants, and HR analysts to the students.
Notably, Federal Bank emerged as the highest-paying recruiter, offering nine positions with the highest offer being 16.42 LPA. Federal Bank has been recruiting UIAMS MBA students since 2012. Mahindra Finance, another regular recruiter, offered Rs 10 LPA to three students.
Appreciating the placements, PU Vice-Chancellor Renu Vig said, 'students of various departments of the PU continue to shine academically and professionally. The remarkable placement outcomes reflect the strength of our academics and the employability of our students. I congratulate the placement team, teachers, and students on their achievements'.
UIAMS Director Anupreet Kaur Mavi has congratulated the students and the placement team, stating, 'we are proud of the career paths our students are embarking on. The numbers of placements reflect the quality of education and the institute's growing reputation among recruiters'.
Dr Amandeep Singh Marwaha, training-cum-placement Officer, UIAMS, expressed his appreciation for the students' efforts and acknowledged the continued support of the industry partners. 'Our focus has always been to align academic excellence with industry expectations. This year's placements reflect the quality, resilience, and preparedness of our students,' Marwaha said.
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