IIM Rohtak: Wraps up final Placement 2017 with 10% higher Average package; sees 127% growth in PPOs/PPIs

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MBAUniverse.com News Desk |
February 3, 2017
IIM Rohtak has concluded its final placement process for the class 2015-17 with 10.1% rise in average salary
Our placement team works round the clock to make our college a hub of knowledge and excellence Prof. Atanu Rakshit, Director, IIM Rohtak

IIM Rohtak has wrapped up its final placement 2017 recording 10.1% higher average salary for the batch of 158 students out of which 10 students opted out of the placement process to pursue higher studies, entrepreneurship or to join family business. The Placement 2017 at IIM Rohtak also saw a growth of 127% in Pre-placement offers/Pre-placement Internships across the sectors. 25 lateral offers were made to the students with prior work experience. More than 40 recruiters were the first timers at IIM Rohtak in placement 2017.

IIM Rohtak is the 1st among 6 new IIMs that has concluded its final placement process for the class 2015-17 with 10.1% rise in average salary. The institute witnessed participation of recruiters across varied domains recording again 100% placement.

This is the 6th PGP batch with 158 students at IIM Rohtak that successfully availed opportunities across diversified profiles and various functions in the organizational setup. A total of 57 companies participated in the final placement 2017 at IIM Rohtak. The year saw the institute strengthen its relationship with past recruiters and established relationships with new companies. High number of new recruiters indicated the high rise in the institute’s visibility in the industrial corridors. The substantial rise in the pick ratio reflects the strong association and faith of the corporate on the capabilities and business acumen of IIM Rohtak students.

Some of the prominent brands that came for final placements were JP Morgan Chase, Arcesium, ICICI Bank, BPCL, Yes Bank, Idea, Cognizant, Wipro, Maruti, JSPL, Actuate Business Consulting, Amazon, Indus Valley Partners among others.

The batch diversity in terms of gender and work experience was well appreciated by the industry and also reflected in the offers rolled out which were distributed across the major domains of Finance, Marketing, Operations, Information Technology, General Management, Consulting and HR. Various companies offered profiles of business development, strategy design and execution, reinforcing their belief in the strategic acumen of IIM Rohtak students.

Prof. Atanu Rakshit, Director, IIM Rohtak said “We engage closely with a plethora of industries and professionals in form of guest lectures, summits and industrial visits. Our placement team works round the clock to make our college a hub of knowledge and excellence” and added further “we nurture some of the best talents in the country, to take on the challenges of industry and become topnotch leaders.” 

IIMR: Key trends in Placement 2017
Sharing the Placement 2017 report of IIM Rohtak for flagship PGP batch 2015-17, the B school has highlighted that out of 158 students 10 opted out of the placement process; 3 opted for higher studies while 1 opted for deferred placement. Rest 144 students got placed receiving more offers from 57 recruiters.

The highest salary offered stood at Rs. 25.9 lakhs rising from Rs.18.30 lakhs in placement last year. Average salary increased to Rs. 12.3 lakhs from Rs.11.78 lakhs last year. The average salary for top 50 students in placement 2017 stood at Rs. 16.6 lakhs as against Rs.14.96 lakhs last year. For top 100 students it increased to Rs. 14 lakhs from Rs.13.18 lakhs last year.

The unique feature in the process was the diversity of profiles offered to the students which gave them a good choice in terms of industry and the role.

Sector wise placement
BFSI sector emerged as the biggest recruiter with 28% share following by ITES with 21% in placement 2017 at IIM Rohtak. Other prominent sectors where students have been placed include Consulting; Automobile, Manufacturing, Energy, FMCG among others.

Domain wise Placement
Sales & Marketing emerged as the biggest domain with 45% placement in 2017 at IIM Rohtak. Next was the Finance with 19% followed by Operations with 12% and Consulting with 11%.

Top Recruiters
IIM Rohtak had the privilege of associating with some of the biggest names across multiple industry domains in the final placements this year. Also, there was a substantial rise in number of offers for some of the most sought after profiles in country.

More recruiters visited IIM Rohtak for placement in 2017 making more offers in different sectors and domain. Prominent recruiters in Placement 2017 at IIM Rohtak were Cognizant Business Consulting, GMR,  JP Morgan Chase, ICICI Bank, Wipro, Infosys, Mindtree, Accenture,  Amazon, Tata Steel, BPCL, India Mart, JDA Software, SBI, Yes Bank,  among others.

Despite being one of the 6 new IIMs that were announced in 2009 and started functioning in 2010-11 IIM Rohtak has a consistently excellent placement record.

IIM Rohtak is the only IIM in Delhi NCR region. Apart from the flagship PGP programme, IIM Rohtak runs the doctoral programme to cater to the rising demand of qualified researchers and academicians in the industry.

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