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BITS School of Management (BITSoM) Placement Outcomes Announced for Second Cohort MBA 2022-24

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BITSoM final placement average CTC at Rs 23.41 lakh for Class of 2024 

Leading companies made offers, with the top 50% of the placed students at an average CTC of Rs 27.64 lakh.

MUMBAI, India, Aug. 2, 2024 /PRNewswire/ — BITS School of Management, Mumbai (BITSoM) has announced placement outcomes for their second cohort (MBA 2022-24), recording an average CTC of Rs 23.41 lakh per annum for the placed students, close to the previous year’s average of Rs 23.50 lakhs. The students had offers from leading organisations in coveted roles across industries and domains. The top drawn CTC is Rs 50.00 lakh, and the median CTC of the placed students is Rs 24.00 lakh. Students with prior full-time work experience who had declared their last drawn salaries at an average of Rs 6.81 lakh, are placed with an average post MBA CTC of Rs 24.14 lakh – 254% higher than their pre-MBA salaries. 77% of the students placed are at a CTC of Rs 20 lakh or higher.

The top 10 percent of the placed students are with an average CTC of Rs 31.88 lakh per annum. The average CTC is Rs 28.86 lakh for the top 30 percent, Rs 27.64 lakh for the top half, and Rs. 25.38 lakh for the top 75 percent of the placed students. These statistics include 41 students who accepted pre-placement offers. Three students out of the class of 131 opted out of the placement process. While the structured placement process has concluded, the school continues to make efforts to find opportunities for the nine students who are yet to be placed.

This year the placements attracted prominent companies across various domains like Consulting, Finance. General Management, Sales & Marketing, and Product Management & Technology. Top-tier consulting firms like McKinsey & Co, The Boston Consulting Group, Arthur D Little, EY India, PwC, KPMG, Accenture Strategy, Praxis Global Alliance, and MXV Consulting hired during this placement process. All the positions offered in the consulting firms are in management consulting, tech consulting, or Deals and M&A. Marquee employers from the BFSI sector also made offers, including JP Morgan India, Somerset Indus Capital Partners, Aditya Birla Capital, ICICI Bank, IDFC First Bank, Kotak Mahindra Bank, and SBI Life Insurance.

Organisations that made offers for their flagship management trainee programmes include Hindustan Unilever, Pidilite, Aditya Birla Group, and Vodafone Idea. Employers such as Signify Innovations India, HT Media, Jubilant Foodworks, Media.net, Kerala Ayurveda, More Retail, Century Pulp & Paper, UltraTech Cement, Birla Estates, Siemens Healthineers India, and Wockhardt also recruited students across functions. Several new-age and tech companies like Avalon Technologies, Flexiloans Technologies, Flipkart, Freyr Solutions, iLink Digital Inc, Merilytics, o9 Solutions, Wolters Kluwer, xCube Labs, and ZapCom Solutions recruited for roles in Product Management and Technology.

Dr Saravanan Kesavan, Dean BITSoM, stated, “I am pleased to share the final placement report for the co-founding class. Our students performed with grit and determination to secure favourable outcomes in a difficult placement year, a fact that I am extremely proud of. The Industry Partnership & Career Services (IPCS) team too made extraordinary efforts to create opportunities for participating students in the Final Placement process. This performance is a testament to our unique curriculum, individual attention to the students through the personal development programme, the efforts of a stellar faculty from across the world, our high-quality career services team, and the collaborative culture fostered by students. BITSoM aspires to be among the very best B-schools in the country, and we are working relentlessly towards this goal with a strategic vision and determination.”

About BITSoM

BITS School of Management, BITSoM is a new-age global business school under the aegis of BITS Pilani. Located in India’s business capital, Mumbai, BITSoM is inspired by the spirit of excellence and entrepreneurial culture that BITS Pilani has nurtured over six decades. Building on this legacy, BITSoM offers a new age MBA programme with a future-ready curriculum and a transformative experience that will prepare students to be lifelong learners and thrive in an ever-changing business landscape. With a faculty hand-picked from among the best business schools across the world, BITSoM is a school for business and life that aims to bring out the best in the next generation of leaders.

Website: www.bitsom.edu.in 

 

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EFICYENT to Join Banks and Fintech Companies at Singapore FinTech Festival 2026

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DUBAI, UAE, Nov. 14, 2026 /CNW/ — EFICYENT, a cross-border payment platform, is going to attend the Singapore FinTech Festival (SFF) 2026, which is going to be one of the world’s largest gatherings of the global financial and technology ecosystem.  It will take place between November 18 – 20, 2026, at Singapore. This event will converge policymakers, financial institutions, fintech companies, and investors to discuss the developments that are going to shape the future of fintech.

As financial institutions are desperately discovering new technologies, evolving payment infrastructure, and better ways to move money across borders, SFF 2026 is going to be an ideal platform for industry collaboration and knowledge exchange. The event will explore key forces transforming the financial system, including technology, geoeconomics, capital, talent, and policy, developing opportunities for businesses to engage with global industry leaders and explore emerging possibilities.

By participating in this event, EFICYENT is looking forward to connecting with other fintech companies, banks, financial institutions, and peer industry stakeholders to share their ideas, discover potential collaborations, and hold a conversation on the growing demand for efficient global payment infrastructure. Also, the company’s presence will provide an opportunity to demonstrate how its capabilities can assist businesses navigating increasingly interconnected financial markets.

Ahead of the participation, Aravinth Ramesh, CTO at EFICYENT, said:

“As financial services entered a chapter where businesses expect something beyond the ability to transfer money. They need payment platforms that offer speed, transparency, flexibility, and access to global markets. So I think events like SFF create a better opportunity to know in which direction the industry is moving, to share our perspectives with industry leaders, and explore partnerships that drive meaningful progress.”

Balasubramanyam K, CEO at EFICYENT, added:

“The future of fintech will be shaped by how effectively technology, financial institutions and payment networks work together. And this SFF event is going to remain an excellent opportunity to connect with industry leaders, better understand emerging requirements, and discover new approaches to making cross-border payments more accessible and efficient.”

About EFICYENT

EFICYENT is a global cross-border payments and financial infrastructure platform that concentrates on enabling seamless international money transfers.

They focus on simplifying international transactions and advancing digital finance. EFICYENT is committed to supporting a seamless and interconnected global payments ecosystem.

Media Contact: 
EFICYENT
Dubai, UAE
Website: https://eficyent.com/ 
Email: support@eficyent.com
LinkedIn: https://www.linkedin.com/company/eficyent/

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SOURCE EFICYENT

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SmallRig Joins Art World Figures to Discuss Creativity and Authenticity in the AI Era–and How Art and Technology Can Drive Innovation

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SHENZHEN, China, Nov. 14, 2026 /PRNewswire/ — As generative AI changes how images are made, one question grows more urgent: what still belongs to the human behind the lens? On November 11, Shenzhen International Art Museum and SmallRig, the imaging-gear brand built for creators, took up that question together by hosting an international exchange on how art and technology ecosystems are being reshaped in the AI era.

The conversation brought together leaders of Chinese art museums, Anett Holzheid, senior curator at Germany’s ZKM Center for Art and Media Karlsruhe, artists and SmallRig co-founder Gao Haiyan.

Zhang Zikang, director of Shenzhen International Art Museum and professor at the Central Academy of Fine Arts, said art and technology are a key direction for the museum, rooted in Shenzhen’s tech environment. Wang Shaoqiang, director of the Guangdong Museum of Art, described using AI to produce short films about classic works, which cut cost and production time, yet stressed that art must return to personal growth, understanding of the world and the expression of Eastern aesthetics. Holzheid views exhibitions as shared ground for artists, audiences and curators, and sees AI widening perception and enabling collaboration across disciplines.

Zadok Ben-David used AI to explore bird forms for an installation, repeatedly refined the images and selected some for the work, determined that it retain an artist’s character, emotion and humanity. A photographer set an AI-generated lightning strike against a desert he had photographed himself, gaining new ideas but noting that generated imagery tends toward sameness, while real presence at a scene cannot be substituted. Spatial artist Feng Yu championed honesty of material, where imperfection and unplanned outcomes can carry sincerity.

Speaking for SmallRig, Gao noted that technology has opened imaging to everyone, but “AI cannot replace real-life experiences or the act of capturing them.” AI can be an efficient, enabling creative tool, he said, but it cannot meet the human need for real images.

In SmallRig’s view, technology helps more people express what is real, while art and creator’s real needs give innovation its direction. The company will therefore move closer to creative scenes and the creators themselves, developing solutions faster for people who make real images.

After the forum, guests visited SmallRig’s headquarters to unveil Ode to the Orchid, an installation co-created with Feng Yu and the first of his works placed in a corporate workplace. Instead of sponsoring an exhibition or releasing a co-branded product, SmallRig placed art in everyday spaces, so people meet it in passing rather than behind museum walls.

Gao said companies often move from manufacturing to technology, while SmallRig also wants to merge with art and creativity. The space is only the surface. The real aim is an open, diverse, inclusive and creative culture, and a lasting bond with creators built on shared taste. SmallRig will keep working with artists, exploring art IP and cultural products, and linking products, content and services into one ecosystem. More activities to support creators are also on the way, bringing the meeting of technology and art into everyday creative practice. Real images remain where SmallRig starts, and where it hopes to innovate alongside creators.

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uSMART Securities Singapore Marks Third Branch Opening in Bugis with Lion Dance and K-pop

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SINGAPORE, Nov. 14, 2026 /PRNewswire/ — uSMART Securities Singapore officially opened its third branch at 516 North Bridge Road, #01-00, Singapore 188740 expanding its physical presence in Singapore with a new uSMART Investor Hub. The opening was marked by a private ceremony featuring a speech, a traditional lion dance and a K-pop dance performance, bringing together the uSMART team, esteemed guests and partners.

The Bugis opening marks another milestone in uSMART’s expansion in Singapore, following the launch of its first local branch at Robinson Road in July 2025 and its Somerset branch in October that year. The new branch reflects the company’s approach of combining digital trading with face-to-face support, offering clients an additional location to make enquiries, receive assistance with account opening and engage directly with the team.

Speaking at the ceremony, Mr Eng Thiam Choon (TC Eng), Chief Operating Officer of uSMART, highlighted the importance of maintaining physical branches alongside digital brokerage services. Clients may appreciate the opportunity to discuss opening their first investment account, gain a better understanding of products available on the app or receive assistance with any issues.

“Customers should have a choice in how they deal with us. If they’re comfortable doing everything on the app, that’s fine. If they’d prefer to come in and talk, we want to make that possible too,” said Mr Eng.

Drawing on its experience operating branches in Hong Kong, uSMART has tailored this approach to the Singapore market through ongoing engagement and conversations with local clients.

Mr Eng also highlighted the importance of understanding different trading rules, currency exposure and diversification as investors explore more markets. Seminars and conversations with the branch team will support these learning opportunities, equipping clients with the knowledge and information they need to make informed investment decisions.

“You don’t need to come with a decision already made. You can come with a question,” said Mr Eng.

Beyond the opening celebrations, Mr Eng highlighted the importance of consistent client service through attentive listening, clear communication and following through on commitments.

About uSMART Securities (Singapore) Pte. Ltd.

Established in March 2021, uSMART Securities (Singapore) Pte. Ltd. is the Singapore entity of uSMART Group, which holds a Capital Markets Services licence issued by the Monetary Authority of Singapore (MAS) (Licence No. CMS101161).

Through the uSMART platform, the company provides access to stocks across global markets, as well as ETFs, options, futures, funds, Contracts for Difference (CFDs) and forex products. Its services include digital trading tools and client account support.

In addition to its digital trading platform, uSMART offers structured investment solutions, including Fixed Coupon Notes (FCNs), catering to investors with different investment objectives and risk preferences. Through its growing network of physical branches, the company also provides face-to-face assistance, investor education and account support, complementing its digital services.

Branch Address

uSMART Securities – Bugis Branch
516 North Bridge Road, #01-00
Singapore 188740

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SOURCE uSMART Securities (Singapore) Pte. Ltd.

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