IIM Tiruchirappalli Placement 2020: Average Salary Up at Rs.14.96 LPA; Highest salary at Rs.25 LPA

MBAUniverse.com News Desk |
May 28, 2020
IIM Tiruchirappalli has concluded its final placement 2020 with the average salary going up to Rs.14.96 LPA for the batch 2018-20. Highest domestic salary is Rs.25 lakhs. 119 recruiters participated in placement 2020 and made 186 offers with diverse roles across domains like Finance, Sales and Marketing, Consulting & Analytics and Operations
IIM Tiruchirappalli Placement 2020

IIM Tiruchirappalli has concluded its final placement 2020 with an increase in average salary which has gone up at Rs.14.96 LPA in 2020 from Rs.14.91LPA last year. The highest domestic salary has stood at Rs.25 LPA. Out of the large batch of 178 students, 2 students did not register for placement. 5 students did not seek placement through campus. 119 recruiters participated in placement this year and made 186 offers to the students. IIM Trichy has maintained 100% placement record despite the large batch size.

Recruiters offered roles across various domains like Finance, Sales and Marketing, Consulting & Analytics and Operations.  

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Placement Highlights

  • Average Salary up at Rs.14.96 LPA in 2020 from 14.91 LPA Last year
  • Highest Domestic Salary at Rs.25 LPA
  • 119 Companies made 186 offers to participating students
  • 236% increase in the number of PPOs and PPIs over the previous year  
  • 38% Offers from Consulting & Analytics domain
  • Top Recruiters Include Amazon, McKinsey & Company, Goldman Sachs, HSBC, Franklin Templeton, Reliance Industries, ONGC, JP Morgan & Chase, Deloitte, L&T, Cognizant, ICICI Bank, Avalon Consulting, Godrej, TAFE,  GMR Group,  UltraTech   
  • 26% Rise in the number of companies participating in the final placements over last year
  • 12% increase in the median salary as compared to last year
  • 18% Rise in Average Salary in Finance domain over last year
  • Roles were offered across domains of Product management, Brand management, Investment Banking, Equity Research, Associate Consultant, Associate Director

Placement Trends and Analysis
The placement season 2020 touched new heights surpassing the industry expectations. The average annual compensation of the top 50 percentile increased to Rs.17.71 LPA while the Median Annual compensation stood at Rs. 14.50 LPA.

Analysis of last five years placement trends shared below reflects the increase in average placement compensation at IIM Trichy:

IIM Trichy Placement year
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
2020
14.96
25.00
2019
14.91
35.15
2018
14.28
31.70
2017
13.30
33.00
2016
13.01
23.81

Top Recruiters
IIM Tiruchirappalli Placement 2020 saw participation from new recruiters such as McKinsey & Company, Goldman Sachs, HSBC, Franklin Templeton, AstraZeneca, Reliance Industries, ONGC and Frost & Sullivan and regular recruiters like JP Morgan & Chase, Deloitte, L&T, Cognizant, ICICI Bank, Avalon Consulting, Godrej, TAFE, Value Labs, GMR Group, Shell, Amazon, UltraTech Cement and OfBusiness to name a few, offering coveted profiles across various domains.

Batch Size Doubles
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 has increased tremendously since 2013.

Batch Year
Batch Size
Average Salary (Rs. in Lakhs)
2018-20
178
14.96
2017-19
172
14.91
2016-18
176
14.28
2015-17
108
13.30
2014-16
102
13.01
2013-15
  80
11.32

Domain-wise Placements
Placement 2020 at IIM Trichy witnessed Consulting & Analytics contributing highest 38% share followed by Sales & Marketing with 31.2%. Finance contributed 23.7% share and Operations 7.1% share in Placement 2020.

On yet another year of successful completion of 100% placement, Dr. Bhimaraya Metri, Director, IIM Trichy thanked the recruiters and said " IIM Trichy since its inception has been constantly proving itself. The diversity in roles offered and increase in average CTC show the pragmatic pedagogy at IIM Trichy. This also shows the continuous hard work of both students and faculty to stay abreast of the industry changes. We take this opportunity to express our gratitude to our valued regular recruiters who have been a pillar of support to our institution and for having faith in us always. Also, I would like to thank all our recruiters who in this unprecedented situation stood beside us and it was because of their support IIM Tiruchirappalli continued to remain in the growth trajectory”        

Speaking on the occasion, Prof. Ayon Chakraborty, Placement Chairperson, said ““Our Final Placement figures show our strengthening relationships with the companies and their belief in IIM Trichy. We are dedicated to making IIM Trichy a preferred destination for recruiters by providing our students exposure to latest industry trends and an all rounded course structure.”

IIM Tiruchirappalli (Trichy), the 11th IIM in the country started functioning in 2011. One of the highly ranked B-schools, IIM Trichy is led by Dr Bhimraya Metri as its Director who has set an aim to create socially sensitive, value-driven corporate leaders. The institute focuses on developing competent professionals for the industry. The flagship programme, PGPM has been instrumental in achievement of this goal. IIM Trichy takes care in ensuring an optimal student-teacher ratio to encourage better learning and to impart appropriate guidance.

 Stay tuned to MBAUniverse.com for more updates on IIM Tiruchirappalli