IIM Rohtak has concluded its final placement process for the academic year 2014-16 with 12.5% rise in average salary. The institute witnessed participation of recruiters across varied domains recording again 100% placement. BFSI, ITES and Services sectors stole the show offering placement to 57% students.
Visibly jubilant on the successful placement 2016, 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.”
This is the 5th PGP batch with 145 students at IIM Rohtak that successfully availed opportunities across diversified profiles and various functions in the organizational setup. A total of 48 companies participated in the final placement 2016 at IIM Rohtak. The year saw the institute strengthen its relationship with 30 past recruiters and established relationships with 18 new companies. New recruiters accounted for 37.5% of the total recruiters, indicating 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.
IIMR: Key trends in Placement 2016
Sharing the Placement 2016 report of IIM Rohtak for flagship PGP batch 2014-16, the B school has highlighted that out of 145 students 8 opted out of the placement process. Rest 137 students got placed receiving more offers from 48 recruiters.
The highest salary offered stood at Rs.18.30 lakhs while the average salary was Rs.11.78 lakhs marking an increase of 12.5% over last year placement. The average salary for top 50 students in placement 2016 was Rs.14.96 lakhs and for top 100 students its was Rs.13.18 lakhs.
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 21% share following by ITES with 19% and Services with 17% share in placement 2016 at IIM Rohtak. Other prominent sectors where students have been placed include Consulting with 11% share; E-commerce and Telecommunication with 6% share each; Automobile, Manufacturing and Power sectors contributed 4% share each followed by FMCG, Oil & Gas, Real Estate and Shipping with 2% share each.
Domain wise Placement
Sales & Marketing emerged as the biggest domain with 32% placement in 2016 at IIM Rohtak. Next was the Finance with 24% followed by IT/Analytics with 13%. Operations accounted for 10%, General Management 4% and HR 1%.
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 2016 making more offers in different sectors and domain. Prominent recruiters in Placement 2016 at IIM Rohtak were KPMG, Cognizant Business Consulting , JP Morgan Chase, Bank of America, ICICI Bank, American Express, HDFC, Azure Power, Neo Homes, Wipro, Infosys, Mindtree, Accenture, Amazon, General Motors, LAVA, Maruti, Tata Steel, BPCL, ICICI Prudential, Birla Sunlife, Mafatlal, India Mart, L&T, JDA Software 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. Speaking on the completion of successful Placement 2016, Dr. Praveen Ranjan Srivastava, Chairperson, Placement Cell, IIM Rohtak said “In today's competitive world, the industry demands managers to have good management and entrepreneurial skills, practical knowledge, interpersonal skills, self-confidence and motivation. MBA program at IIM Rohtak gives a unique blend of strategic thinking and practicality coupled with industry Interface in the form of visits, seminars, internships and live projects. Our teaching pedagogy includes visuals as a reference for delivering effective and retainable learning in form of presentations and case studies which help towards acquiring skills in the holistic growth of the spiritual, social and emotional quotient of our students. We delve in a proactive learning approach and detailed academic course of action, which prepares the students to act flamboyantly in various demanding situations of the business world. We give particular importance in polishing their decision-making skills, which are sought after and looked-for by renowned organizations.”
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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