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Placements at SRCC Continue to Soar Despite the Pandemic

Shri Ram College of Commerce(SRCC) completed its first phase of Recruitment Drive with major firms offering high packages. The trend resonated in terms of internships as well.

The Placement Cell, Shri Ram College of Commerce (SRCC) successfully completed the first leg of its recruitment drive with placement statistics soaring despite the pandemic. In the Placement Season of September 2020 – December 2020, the college witnessed the highest package of 25 LPA and an average package of a whooping 9.8 LPA. The gross value of the placements in the season exceeded 13 crore rupees with 22 Pre-Placement Offers (PPOs) and a 98% acceptance rate. With respect to internships, the college had a 142% rise in internship and the highest stipend of 1.5 LPM. 

Source: SRCC Placement Cell

While the pandemic posed a lot of challenges, we are proud of the fact that the Cell has grown tremendously during the period. The Cell was elated to host a pool of new recruiters from diverse backgrounds such as Ab-InBev (FMCG) and Accenture Strategy (Consulting). The Cell also floated 90+ alum opportunities including consulting giants Bain Capability Network and is aiming for yet another successful Placement Season.

said Raghav Singodia, Secretary, The Placement Cell, SRCC.

With over 130 offers from 24 recruiters, the average compensation scaled up to INR 9.8 LPA at SRCC. The highest package for the first phase (Sep’20 – Dec’20), INR 25 LPA, was offered by a global financial firm. While the number of offers extended in the finance sector saw a 110% rise, various other sectors witnessed similar upward trends silencing all apprehensions regarding hiring freeze. Consulting firms like McKinsey & Company, Bain Capability Network, financial institutions like Deutsche Bank, Citibank, and several first-time highest category recruiters including Kepler Cannon, Accenture Strategy ended up handpicking fresh talent from the college for multiple business domains.

Given the economic slowdown, we are extremely proud of having been able to continue strengthening our recruiter pool thereby bringing an array of diverse opportunities for our candidates.

said Prof. Amanpreet Kaur, Convener, The Placement Cell SRCC.

The placement statistics at SRCC didn’t witness a major slump despite the economic slowdown caused due to the pandemic. The cell hasn’t had a large disruption to its working too with its process going online. 

Despite the pandemic, we have seen phenomenal milestones this year in terms of pre-placement offers and expansion into various sectors. As for the Cell, we were successful in shifting all recruitment processes and other functions to a virtual platform in just a span of 15-20 days.

said Sanshita Vij, Senior Coordinator at The Placement Cell elucidating the shift to the online mode.

Read Also: https://dubeat.com/2021/02/sscbs-concludes-the-first-phase-of-recruitment-drive-reflects-upward-trajectory-of-both-ctc-as-well-as-number-of-recruiters/

Featured Image Credits: Education Times

Mehul Joshi

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