Chandigarh, June 14 -- As many as 87 MBA students from the University Institute of Applied Management Sciences (UIAMS), Panjab University (PU), have secured campus placements, with nine of them receivingan impressive Rs.16.42 lakhper annum (LPA) package, which is the highest for UIAMS this season. The placement drive witnessed participation from 26 companies from diverse sectors, including banking, finance, IT, insurance, marketing and consulting. These include Federal Bank, Mahindra Finance, Capgemini, Bunge, Tirupati HealthCare, SBI Mutual Funds, HDFC Life, Policy Bazaar, Growwtide and Vodafone Idea. Students were offered various positions, including management trainees, sales executives and relationship managers, among others. Notably, Federal Bank emerged as the highest paying recruiter, offering nine positions with a package of Rs.16.42 LPA each. Federal Bank has been recruiting UIAMS MBA students since 2012. Mahindra Finance, another regular recruiter, offered Rs.10 LPA to three students. The average package offered was Rs.6.84 LPA. Director of UIAMS, Anupreet Kaur Mavi, congratulated the students and the placement team, stating, "The number of placements reflects the quality of education and the institute's growing reputation among recruiters."...