there have been quite a few questions to me abt verizon and my role there. three of us are going to verizon. they were actually interested in nine of us but six others were out of the placements process by the time the offers came. all of us will be doing program management. the role involves product + project management. the products are either internal software products that verizon uses or those that it offers as part of its solutions to its clients. I am still talking to them about the team with which I will be working. I hope to get in touch with them soon and build a rapport before I land in chennai.
the placement scene so far has been better than what we expected. there are around 20 odd students left in the process. CAS is looking out specifically for them and these people should get placed anytime soon.
There were a couple of updates on Fin and IT placements in the isb-pgp-04 yahoogroup. For those who havent seen them:
Fin:
Companies: Citibank, Goldman Sachs, Deutsche Bank, JP Morgan, Morgan Stanley, HSBC, Novartis, Kotak, Stern Stewart, GE, Edelweiss Capital, ICICI Bank, TCG, IDBI, HLL, TSMG, ICRA, Crisil, Shoppers Stop, GECIS, Reliance Energy, Irevna, Astra Zeneca, Avendus, Ambit Corporate Finance, Refco, ICICI One Source and more ( a few of these are in the process and there are some waiting to come)
Work Profile: Banking (Corporate/ Consumer), IBanking, Equity Research, Treasury, Private Equity, Commercial, Consulting, Derivatives, Investment Management, Portfolio Analysis etc.
Quite a few engineers with no finance background have managed to make a career shift. However, most of them had done enough work during the year by way of Independent Studies and ELPs to demonstrate their interest and ability in this area. Therefore the ELPs have helped quite a lot both in terms of learning and interfacing with companies. Also most of the companies have considered the previous work experience and have offered
lateral positions.
IT:
Companies (Includes IT/Telecom companies as well as other companies that offered such roles):
Andale, I-Flex, Infotech Enterprises, Hexaware Technologies, Hutch, KPIT Cummins, Virtusa, Symphony Services, Accenture, Philips, PCS, Caritor, Adobe, Wipro, Agilent, Reliance Infocomm, Nortel, Bharti, Kale, Satyam, Helios & Matheson, Verizon, TCS, Ramco, Novartis, Bose, Infosys, Motorola, IBM, HCL, Sun Microsystems, CTS, Wipro, Hill & Associates, PeopleSoft, NIIT, i2, Sapient, Microsoft, ITC Infotech, Techspan (Headstrong), Dell, Redhat, CSC, Kanbay
Work profile: Business Development, Client relationship management, account management, project management, product management, program management, business analyst, associate, (senior) consultant, sales/marketing, strategy(telecom), Functional consultants (domain specialists)… (that’s all I can remember)
salaries (caveat: from what I have heard, not official)
average: around 7-8
highest: around 14-15
Many lateral positions, in all the roles that I have mentioned. Non-IT background students were recruited as domain specialists in Fin, Energy, Manufacturing, Operations etc. The significant difference this year has been the increased number of offers that each company has made, consistent with the upward trend in IT hiring.
