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Published: Thursday, 03 March, 2016 01:30 PM
IIM Raipur has achieved 100% placements for its flagship Post Graduate Program (PGP) in Management. Companies from varied domains showed interest in recruiting from IIM Raipur, owing to the diversity in academic background and work experience of the students. Backed by strong industrial relations, the placement season of 2015-16 witnessed an overwhelming participation from previous recruiters along with a host of new recruiters vying for some of the country's best minds. The Institute has decided to finally release the official placement report today, following a rigorous process of internal validation of placement data.
The outgoing batch of 2014-16 consisted of 118 future leaders who have proved their mettle at every opportunity presented to them. The Institute recorded a 12.3 % increase in the average CTC offered to the students compared to last year. The Institute would like to extend heartfelt gratitude to all its corporate partners and associates. A total of 126 recruiters showed interest in the final placement process this year. The fact that 11% of the batch secured PPOs/PPIs is a testimony to the exceptional performance of the students during their Summer Internships.
The highest domestic package offered was INR 21.50 LPA and the average salary offered was INR 12.51 lakh per annum. The top 50 percentile of the batch was placed with an average salary of INR 14.92 LPA. The highest international salary offered was INR 30.00 LPA.
The current batch of 2015-17 consisting of 141 students grabbed the opportunities to intern in some of the most esteemed organization. The Institute’s legacy of being a preferred destination for the corporate for talent acquisition, continues to be the highlight of the fast-growing Institute. This is evident from the fact that 43 new companies participated in the SIP recruitment process this season. The average stipend of the batch was INR 50,200.
The major highlight of the placement season 2015-16 was the overwhelming response received from some of the Institute’s first time participants in the recruitment season. These include Aditya Birla Financial Services, ANZ Bank, Arcesium, Arvind Mills, Bank of America, Biocon, Britannia, Bombardier International, Carborundum Universal, Fidelity Investments, GE, Google, RBL Bank, Renault-Nissan, TVS Motors, Volvo Eicher Commercial Vehicles to name a few. Other prominent recruiters that participated are Accenture, Berger Paints, Bharat Forge, Bharat Petroleum, Bharti Airtel Ltd, Cognizant, CRISIL, Daimler, Deloitte, DS Group, Emami, EY, Future Group, HDFC Bank, HT Media, ICICI Bank, Idea Cellular, Infosys BPO, JPMorgan Chase, JSPL, JSW Steel, KPMG, L&T, Mapro, Maruti Suzuki, NCDEX, Ola Cabs, PwC, RBI, SBI, SEBI, Sun Pharmaceuticals, Tata Steel and Wipro to name a few.
The Institute also witnessed participation from Global Corporates such as Apollo Conglomerate, Bakhresa Group, Gael Force Groupand Kadence International which offered International profiles.
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