IIM Tiruchirappalli: summer placement 2015-17; gets 71% increase in highest stipend

Thursday, February 04 2016, 06:25 AM
Summer Placement process of PGP 2015-17 batch of IIM Trichy has been successfully completed with record breaking figures
The overall highest stipend recorded an increase of 71.4% this year as compared to previous year while the average stipend marked an increase of 13.3%

The Summer Placement process of PGP 2015-17 (Post Graduate Programme in Management) batch of IIM Trichy has been successfully completed with record breaking figures. Enthusiastic participation shown by the industry has reaffirmed their faith in the students of IIM Trichy.

102 total students participated in the process and all of them have received coveted offers. In addition, IIM Trichy has gone international, through internship opportunities in Europe and Middle East.

This year 51 companies visited the campus for summer placements (compared to 45 companies last year), offering roles across various sectors such as BFSI, Consulting, FMCG, IT/ITES, Manufacturing, E-commerce, Media and Advertising, NGO among others. There were diverse roles offered in exciting profiles such as Strategy, BFSI, Consulting & Analytics, Sales & Marketing, Operations, HR and IT/ITeS. Niche roles catering to the students’ interests were also offered in Product Development, Operations and Strategic Transaction Group - Investment Banking.

Key Trends in summer placement 2016
IIM Trichy has a consistent record of excellent placement. The batch size of the two year post graduate programme in management at this highly ranked B school increased from 80 students in 2013 to 107 students for 2015-17 batch, out of which 102 students registered and participated in the summer placement 2016. All the 102 students registered for summer  placements got more offers per candidate.

Higher stipends
The highest international stipend offered for the internship period is INR 2.4 lakhs, while the highest domestic stipend is INR 1.6 lakhs. The overall highest stipend recorded an increase of 71.4% this year as compared to previous year while the average stipend marked an increase of 13.3% over the previous year at INR 51,000.

Prominent Recruiters
Prominent names that participated in the summer internship process this year were World Bank, Dabur, HSBC, OgilvyOne, Deloitte, Mahindra, IOSCO, Kelloggs, Cognizant Business Consulting, ICICI Bank, Saint Gobain Glass, TAFE, Robert Bosch, L&T, FCB Ulka, Sulekha, YES Bank, Fidelity, Flex, RBS, TVS Motors, L&T, NCDEX, RBL, Shoppers Stop, Bajaj Allianz, Singhi Advisors,  Last Mile Consultants, Ram-Nath & Co., Integra Software Services Pvt. Ltd., Novonous.

Key Highlights

The key highlights in summer placement 2016 at IIM Trichy are shared below-

-- Number of students in the batch 2015-17: 107

-- Number of students Registered/eligible for summer placement: 102

-- Number of students offered summer internship: 102

-- Highest International stipend offered: Rs.2.4 lakhs

-- Highest Domestic stipend offered: Rs. 1.6 lakhs

-- Average stipend offered to top 10: Rs.1.4 lakhs

-- Average stipend offered to top 25: Rs.1.13 lakhs

-- Average stipend offered to top 50: Rs. 84,000/-

This year has been particularly exciting for summer placements with international placements and increased diversity of profiles offered, showing enthusiastic participation from various spheres of the industry. For five years now, IIM Trichy has been providing talented and persevering individuals of high caliber for corporates and academia alike. The industry has continued to place its confidence in the students of IIM Trichy.

IIM Tiruchirappalli (Trichy), the 11th IIM in the country. IIM Trichy started functioning in 2011 under the directorship of Dr. Prafulla Agnihotri whose latest innovation in teaching is 'application of inquiry method of learning to the management education' which has brought distinction to the institute in its innovative method of teaching.

The institute focuses on developing competent professionals for the industry.The flagship programme, PGPM has been instrumental in achievement of this goal. Hard Work, Perseverance, Passion and Integrity are some of the virtues taught at the institute. IIMT has a collection of eminent faculty and motivated students which form its backbone. IIMT takes care in ensuring an optimal student-teacher ratio to encourage better learning and to impart appropriate guidance.

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