While the average annual salary offered at the campus was Rs 12.03 lakh, the highest salary stood at Rs 19.00 lakh. Out of the 45 eligible students, one had opted out to pursue his career as an entrepreneur.
“The response received from the industry was overwhelming with prominent recruiters participating in Final Placements 2012 - 13. A total of 52 companies from diverse sectors participated in the process, of which offers from 24 companies were accepted,” said Dr. Sanjeev Prashar, Professor Marketing & Chairman (Placement and Corporate Communication), Indian Institute of Management, Raipur.
According to the institute, students accepted offers from companies from diverse sectors such as Manufacturing/Engineering, IT/ITES, and Energy. These sectors were closely followed by Automobile, Banking and Finance and Consulting.
The recruiting companies offered varied profiles to the students including elite Global Leadership position by a pharmaceutical company, AVP - Strategy & Operations by an emerging IT company and Executive Assistant to top management by one of the leaders in Infrastructure sector. Other profiles include Leadership Development, International Marketing, Investment Banking, Corporate Planning, International Business, Quality Management and Marketing and Commercial.
IBM was the largest recruiter with 4 students accepting the offers made in the area of Operations. Vedanta Group, Hero MotoCorp and Usha International made three offers each with profiles such as Strategic Sourcing, International Sales & Marketing and Commercial. As much as 43% of the accepted profiles were from Sales and Marketing followed by Operations/IT (23%) and from Finance (20%).
Sector – Wise Placements:
Sales and Marketing
Similar to last year, the batch of 2012-13 witnessed the highest number of offers (43%) in Sales & Marketing. Automobile, IT, Oil & Gas, Banking, BPO, Consumer Durables and Media companies offered roles such as Sales & Marketing, International Marketing, Business Development, Online Marketing, Dealer Development, Media Marketing and Circulation. Prominent companies offering the profile included Bharat Petroleum, Godrej & Boyce, Hero MotoCorp, Hindustan Petroleum, HT Media, Linde India, Maruti Suzuki, Mawana Sugars, People Group, Tata Motors, Usha International and Vedanta Group.
Finance
Out of the entire batch, 20% of the candidates opted for profiles in the financial sector. Investment Banking, Corporate Banking, Valuation, Risk Management, Emerging Corporate Banking, International Banking, Trading, Debt Capital Market, Loan Syndications were the roles offered to the candidates. Prominent companies offering different roles in Finance HSBC STG, ICICI Bank, Power Finance Corporation, RITES, Tata Power, Trident Group and Yes Bank.
Operations / IT
As much as 23% of the batch chose Operations and IT profiles. Profiles such as Quality Management, Strategic Sourcing, Merchandise Operations and Strategy were offered in Operations. Hero MotoCorp offered a senior Strategic Sourcing role to students of IIM Raipur with prior experience. The key recruiters who offered such profiles included Hero MotoCorp, IBM, Infosys BPO, L&T Hydrocarbon, Maruti Suzuki, Walchand Nagar Industries.
Consulting and General Management
Ranbaxy Laboratories hired for its coveted Global Leadership Program. Jindal Steel and Power Limited recruited for its Jindal Lead Management Trainee (JLMT) program. Prominent companies offering such profiles included Ernst and Young, I-Maritime Consulting, Infosys BPO, Jindal Steel and Power Limited, MuSigma and Ranbaxy Laboratories.
Stay tuned to MBAuniverse.com for more final placement reports from top B-schools in India.
