IIM Raipur has wrapped up the final placements for its flagship program, Post Graduate Program (PGP) in Management for 2015-17 class. Companies from varied domains reinstated their belief in IIM Raipur, owing to the diversity in academic background and work experience of the students. Backed by strong industrial relations, the placement season of 2016-17 witnessed an overwhelming participation from previous recruiters along with a host of new recruiters vying for some of the country’s best minds.
The institute continues to ride high on its strong relationship with the corporate from India and abroad, with organizations from different sectors expressing interest in recruitment. The batch of 2015-17 consisted of students from diverse academic backgrounds and work experience with a large batch size of 141 students as against 118 last year. The future leaders have proved their mettle at every opportunity presented to them. More than 140 recruiters including 90 new recruiters showed interest in the final placement process 2017 as against total 126 recruiters last year. 20% of the batch secured PPOs/PPIs which is a testimony to the exceptional performance of the students during their Summer Internships.
Average & highest salary up despite larger batch size
The outgoing batch of 2015-17 consisted of 20% more students than last year. There are 141 students with diverse academic back ground and work experience in the 2015-17 batch as against 118 students last year.
The highest package offered in Placement 2017 has gone up to Rs.27.20 LPA and average salary has shot up to Rs. 13.10LPA witnessing an increase of 27% and 5% respectively. Last year the highest salary was Rs.21.50 LPA and the average salary stood at Rs.12.51 LPA. While the Average salary witnessed an increase of about 5% the highest salary witnessed an increase of about 27% over the last year.
The median salary stood at 13.20 LPA. The average salary offered to the top 10 percentile, top 25 percentile and the top 50 percentile of the batch were INR 19.40 LPA, INR 17.10 LPA and INR 15.50 LPA respectively.
20% batch gets PPOs/PPIs
20% of the batch of 141 students secured PPOs/PPIs which is a testimony to the exceptional performance of the students during their Summer Internships.
Recruiters increase to 140 from 126
More than 140 recruiters showed interest in the final placement process in 2017 as against 126 recruiters last year. The highlight of the season was the participation of 90 plus new recruiters with whom the institute anticipates building a solid and sustainable relationship.
The Institute’s legacy of being a preferred destination for the corporate for talent acquisition, continues to be the characteristic feature of the fast-growing Institute.
The elite organizations in the BFSI and NBFC sectors were Bank of America, Thomson Reuters, Aditya Birla Financial Services, Bajaj Allianz, Virtusa Polaris, Standard Chartered, Yes Bank, ICICI Bank, HDFC, SBI and Fidelity Investments.
Domain-wise Placement
Sales & Marketing
Sales and Marketing was a standout amongst the profiles offered this season. The pioneer recruiters who expressed interest were the likes of DS Group, Godrej & Boyce, Emami, BPCL, HPCL, Reliance Jio, Tata Steel, Tafe, Birla Sunlife, Bajaj Allianz, Vedanta, Birla Century, Blue Star, Muthoot Housing Finance, GroupM, Mafatlal, ADP, RJ Corp, Vox Populi, Tata Teleservices, Directi and Linde.
Consulting & General Management
13% of the batch was placed in Consulting and General Management roles which tells about the promising future of IIM Raipur. Some of the prominent recruiters include Deloitte, Meibach, PwC, VirtusaPolaris, Red Seer, Mu Sigma, TVS Tyres, Blue Star, Wipro and Cadila Pharmaceuticals. Profiles stretched across Business & Technology Consulting, Strategy Consulting, Management Consulting & Research.
IT & Operations
12% of the batch was recruited for IT & Operations roles by corporate mammoths such as Kadence International, Amazon, iNautix, Accenture, MAQ Software, Cognizant, Wipro, Infosys BPO, Safexpress, Gartner, Barnes & Noble Loud Cloud, DCM Shriram, L&T, MAQ Software, Sutherland, Carborundum to name a few.
Human Resources
The Human Resources domain saw a surge in demand from the industry this year with several firms offering the HR profiles for the first time. Esteemed brands such as Marks & Spencer, Mondelez ,RITES, Tata Teleservices, Hacke Group, Vedanta offered numerous profiles such as Strategic HR, Learning & Development, HR Management.
Indian Institute of Management (IIM) Raipur is headed by Prof Bharat Bhaskar who has recently taken over as Director of IIM Raipur. IIM Raipur was set up by the Government of India, Ministry of Human Resource Development in 2010 at Raipur, the capital of Chhattisgarh. Chhattisgarh is one of the fastest growing states of India with its rich mineral, forest, natural and local resources.
Presently IIM Raipur operates from the Government Engineering College Campus, Raipur. The Government of Chhattisgarh has allotted over 200 acres of land for the under construction campus of IIM Raipur campus in Naya Raipur. The proposed campus will be a state-of-the-art campus presenting a blissful mix of modern architecture, culture & heritage of Chhattisgarh
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