Placement season 2014 at IIM Trichy, one of the six new IIMs, was marked with grand success with 100% placement. 37% of the total job offers came from the BFSI and consulting sectors. The industry reinstated its faith in the institute as past recruiters along with new recruiters took part in the placement process 2014.
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. These included roles such as Vice President-Strategy, Executive Assistant to CEO, Planning and Strategy, Treasury Services, Corporate Banking, International Sales, Logistics Manager, Capital Markets Consulting as well as consulting in verticals such as Retail, Healthcare and Insurance.
Key Trends in placement 2014
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 103 students in 2014, out of which 18 students did not participate in the placement 2014 to pursue other opportunities through off-campus processes and were offered roles in real estate consultancy, derivatives trading, Climate change and corporate sustainability services, E-commerce consulting, Energy consulting, Business development and analysis. Rest all the 85 students registered for final placements got suitable offers.
According to Dr. Godwin Tennyson, Chairperson Placement and External Relations “The successful final placement of our students is testimonial to the perseverance and determination of our faculty and students. Providing higher standards of quality to the industry shall always be the road ahead for us.”
Rise in Number of recruiters
Number of recruiters at IIM Trichy rose from 59 in 2013 to 76 in placement 2014 making 86 offers to 80 students. The students also secured 17 Pre Placement Interviews and 2 Prep Placement Offers across verticals. Industry stalwarts like Aditya Birla Group LEAP, Mahindra GMC, Cognizant Business Consulting, Citibank, ICICI Bank, Dabur, Kellogg, HCL Technologies, Perfint Healthcare and knowledgeable consulting were among the prominent names to offer PPI’s to the students of IIM Trichy.
Average and highest compensation up
Beating the slowdown in placement offers, the placement season 2014 at IIM Trichy saw a rise in average salary from Rs.10.92 lakhs per annum in 2013 to Rs.11.78 lakhs per annum showing a rising trend in the job market. The highest compensation also increased from Rs.18.25 lakhs in 2013 to Rs.19.25 lakhs in 2014
BFSI and consulting: major recruiting sectors
Banking, Financial services and Insurance (BFSI) and consultancy emerged as the prominent recruiting sector in placement 2014 at IIM Trichy. While BFSI had the major chunk in placement 2014 with 20%, consulting was the next with 17%. Sector wise placement at IIM Trichy is as under
Sector - Percentage in placement
BFSI - 20%
Consulting - 17%
IT/ITES - 14%
Infrastructure & Energy - 14%
Manufacturing & education - 13%
FMCG - 9%
Analytics - 7%
E commerce & sports - 6%
Top Recruiters at IIM Trichy
Out of 76 recruiters, Cognizant Business Consulting, Citibank, ICICI Bank, Latent View Analytics, HCL Technologies, Puravankara and Lakshmi Machine Works recruited four or more students each.
The following were the top recruiters in respective sectors in placement 2014 at IIM Trichy
BFSI: ICICI Bank, Citibank, Indus Valley, HDFC Bank, Cholamandalam finance, Intequant, Dexler
Consulting: Cognizant, Avalon, Vernalis, Knowledgefaber, Ikon,, Infinity, Optimal strategix, Transven, Ennovent, Barry whemiller, Aryaka,
IT/ITeS: SAP, HCL, TCS, Oracle, Verytx, MAQ Software, Abiba, DoodleBlue, CSS Corp, Congruent, IT Xcg, Vembu, Flexing IT
Infrastructure & Energy: Tata Power, BPCL, Manali petro chemicals, GAIL, Puravankara, L&T
FMCG: Kellogg, Berger Paints, Dabur, TTK Prestige, Trident, Kwality milk foods
Healthcare: Dr. Reddy’s, Brand care, Perfint, Scio health, GE Healthcare
Manufacturing: Aditya Birla, Mahindra GMC, Stovekraft, IFB, Godrej, Nissan, Tata Elxsi, TAFE, Lakshmi Machine works, TVS, Asahi glass, Garware Bestretch
Education: Randstad, Rank Junction, FACE, Benchmark Sixsigma
E-commerce & sports: Savegenie, Decathlon, Retailon, Litchi Knowledge, Simplilearn, Housing.com
Analytics: Latent, Musigma, IQR, Positive Integers
IIM Tiruchirappalli (Trichy), the 11th IIM in the country 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 the 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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