IIM Kashipur Placement 2016: Grabs INR 53.75 lakhs highest international CTC; Average salary up

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MBAUniverse.com News Desk |
June 6, 2016
IIM Kashipur has recorded highest international placement grabbing offer equivalent to Rs.53.75 lakhs while the highest and average domestic packages have also gone up
The highest domestic salary in placement 2016 at IIM Kashipur has gone up to Rs. 21.79 lakhs recording more than Rs.5 lakhs rise from Rs.16.50 lakhs in placement 2015

Despite being the last to declare the placement 2016 statistics, IIM Kashipur has proved that it is not the least achiever while talking about the placements. Among the 6 new IIMs who started operation in 2010-11, IIM Kashipur has recorded highest international placement grabbing offer equivalent to Rs.53.75 lakhs while the highest and average domestic packages have also gone up at the B-school.

Releasing the Interim Final Placement Report on May 26, 2016 IIM Kashipur has shared a buoyant MBA placement trend at the B-school. Placement season 2016 at IIM Udaipur was marked with grand success.

There were more than 75 companies coming for campus recruitments at IIM Kashipur in Placement 2016. Some of the prominent recruiters that have shown interest in IIM Kashipur students are Vodafone, PwC, Cognizant Technology Solutions, Wipro, Berger Paints, MAQ Software, Mindtree, Yes Bank, ICICI Bank, HDFC Ltd. HDFC Life, Jindal Steel and Power, Maruti Suzuki, TCS, TVS Group, Hewlett Packard, TATA Steel, Thomson Reuters, Maersk Line, Mphasis, Nurturing Green Retail Pvt. Ltd., Mother Dairy, GSK Pharmaceuticals, Hansa Cequity, Hero MotoCorp, HPCL, Larsen & Toubro, Ericsson, Uber Technologies Inc

99 students receive 101 offers
There were 99 eligible students for placement at IIM Kashipur. There are 101 offers received by them. There were 8 Pre-placement offers made to the students at IIM Kashipur.

High International packages
The highest international package in placement 2016 at IIM Kashipur has shot up to Rs.53.75 lakhs from Rs.43.31 lakhs in placement 2015 marking a rise of more than Rs.10 lakhs.

Domestic salary packets go up
Bringing new ray of hope for better future, the placement season 2016 at IIM Kashipur saw an average salary of Rs. 12.02 lakhs as compared to the average salary of Rs.10.81 lakhs per annum offered in Placement 2015.

The highest domestic salary in placement 2016 at IIM Kashipur has gone up to Rs. 21.79 lakhs recording more than Rs.5 lakhs rise from Rs.16.50 lakhs in placement 2015.

Sectoral Placement
26% of the total job offers came from the BFSI, followed by 24% from Manufacturing, Engineering & Energy. Consulting and Analytics contributed 14% followed by IT sector with 13%. Other prominent sectors that made 24% contribution included FMCG, Professional Services, Pharmaceuticals Telecommunication and Entertainment

The industry reinstated its faith in the institute as past recruiters along with new recruiters took part in the placement process 2016. Sharing the USPs of IIM Kashipur, Prof Gautam Sinha Director IIM Kashipur says “The ‘newness’ factor of IIM Kashipur allows us to be constantly dynamic in our curriculum. We enjoy the flexibility to quickly respond to these rapidly changing global socio-economic conditions and can efficiently adapt the best practices of leading business schools.”

IIM Kashipur commenced operations from July 2011 with Post Graduate Programme in Management (PGPM), a two year full time residential programme. The programme lays emphasis on all-round personality development and inculcates the values of leadership, entrepreneurship and integrity.The Institute also offers a 2 year weekend Executive Post Graduate Programme (EPGPM) for working executives. Fellow Programme in Management (FPM) and Executive Fellow Programme (EFPM) are the two doctoral programmes launched in 2015 and 2014 respectively. The faculty at IIM Kashipur represent the best mix of academic and industrial experiences.

The Institute is located in one of the most densely industrialized regions in the country with over 180 industries having plants in and around the region. This places the Institute at a vantage point when it comes to ‘Learning by Doing’ via frequent industry interactions and live projects. IIM Kashipur believes in a strong industry connect and has invested in developing relationships with local industries.

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