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Published : Wednesday, 01 February, 2017 04:50 PM
The Class of 2017 of the postgraduate programme in management at Indian Institute of Management-Rohtak has completed final placements with an average salary of Rs 12.3 lakh, up from Rs 11.78 lakh for the previous batch.The highest salary in the placements shot up nearly 42% fromRs 18.3 lakh last year to Rs 25.9 lakh, which was offered by Yes Bank.
A total of 57 companies visited the campus this year. JP Morgan Chase, ICICI Bank, RBL Bank, Thomson Reuters, Arcesium, SBI, Yes Bank, Amazon, L&T, Azure Power, IDFC Bank and Idea Cellular were among the recruiters that participated.
Based on their performance in Summer Internships, 25 students were offered PPO/PPIs compared to last year’s 6. Of them, 20 students accepted the offers in companies such as Idea Cellular, Dabur, ICICI, Arcesium etc.
About 45% of the batch opted for placements in Sales and marketing, with companies such as Amazon, Yes Bank, Idea Cellular and BPCL offering roles in Sales (B2B and B2C), Product Manager, Account Manager, Area Manager and Product Development.
JP Morgan Chase, ICICI Bank, RBL Bank, Thomson Reuters and Arcesium, to name a few, represented the financial sector and offered roles such as investment banking, capital markets, investor communication, retail banking, trading, corporate finance, risk management, etc. Around 19% of the students opted to start their career in the financial domain.
Operations and Consulting services followed, with 12% and 11% of the batch opting for these domains, respectively. Wipro, Cognizant, Infosys and Accenture were some of the prominent companies offering roles in IT & Analytics domain.
The report is being audited by CRISIL, as per the Indian Placement Reporting Standards. The audited report will be uploaded on the institute’s website.
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The 'Open House Meet' to be held with XLRI Programme Coordinator from 10.00 am to1.00pm on 20th August for participants to interact and learn more details about the XLRI-PGCGM Programme at St. Xavier's College, Mumbai.
IBSAT is conducted by The ICFAI Foundation For Higher Education (Declared as a Deemed-to-be-University under Section 3 of the UGC Act 1956)
Globally, 86 percent of companies plan to hire recent MBA graduates this year, up from 79 percent that hired them in 2016. Demand for these MBA graduates is strongest in the United States and Asia-Pacific, where 9 in 10 companies plan to hire these candidates.