After the big shots McKinsey and Bain, came the much awaited Deutsche Bank in the placement scene. It has always been pristine in every sense, as far as the job and pay package goes. Contrary to the jaw dropping odds which come to the front whenever Deutsche Bank comes for campus placements (of only one or two odd applicants being selected from a huge pool of hundreds and he/she being offered a whooping figure of 49 lakhs p.a.) this year they adopted a different strategy by employing more number of people and offering a lower package than what they usually offer.
Deutsche Bank visited SRCC campus on January 2, 2012 and invited candidates from SRCC, St. Stephens and LSR. The speaker of the day was Mr. Amit Bordia. The profile they offered was that of an analyst in the investment banking sector (domestic placement). Fortunately, there was no cut-off stated by the company to decide the eligible applicants. The package was an astounding figure of 10.5 lakhs + 3 lakhs + bonus (yearly). This pay package ranks as the highest so far in the brigade of dream companies with others like Bain offering 8.3 lakhs p.a and McKinsey giving 7.5-9.3 lakhs p.a.
50 students from SRCC were shortlisted for the final round of interviews which took place on January 7, 2012 at the Imperial hotel, Janpath. Out of these 50, 6 applicants (all from SRCC) got through and were offered placement in the Mumbai centre of Deutsche bank. The remarkable league which got through is – Mehak Nanner, Vijendar Aggarwal, Jennifer Sung, Chinmay Golecha, Tanvi Agarwal and Mayur More. With its 100% cut off, and 99% Economics Honours first semester toppers, SRCC surely continues to set newer and higher benchmarks. The dynamic students, who got through, help reiterate the same.
Mannat Sandhu
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