Affirming its position as a premier business school of the country, IIM Raipur has successfully completed the final placement for the 2016-18 batch of its flagship program, Post Graduate Program (PGP) in Management. The 44% increase in the strength of the batch was immensely supported by the industry as the placement season witnessed an overwhelming participation from previous recruiters along with a host of new recruiters. 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 2016-18 consisted of 201 future leaders having a diverse range of educational and corporate experience. The increase in number of PPOs/PPIs stands testimony to the outstanding performance of the students in their Summer Internship. More than 150 recruiters showed interest in the final placement process this year. The highest International package offered was INR 61.88 LPA while the highest domestic package offered was INR 22.05 LPA. The domestic average and median stood at INR 12.45 LPA and INR 12.15 LPA respectively.
The average salary offered to the top 10 percentile, top 25 percentile and the top 50 percentile of the batch were INR 20.12 LPA, INR 17.50 LPA and INR 15.76 LPA respectively. The highlight of the season was a 37% increase in number of offers and the participation of 65 plus new recruiters with whom the institute anticipates building a solid and sustainable relationship. 26% of the batch was placed in Consulting, General Management and Analytics roles. The top recruiters who offered coveted roles to the students include Analytics Quotient, Backspace consulting, Deloitte, Latentview Analytics, Mu Sigma amongst many others.
Sales and marketing established itself as the most sought after domain as 32% of the batch received offers for these roles. The pioneer recruiters who expressed interest were Berger Paints, Bharat Forge, Birla Gold, Coffee Day Beverages, TAFE, Ultratech offering a myriad of profiles in areas of Marketing, Business Development, Digital Marketing, and Sales.This year IIM Raipur received an overwhelming response from NBFC and BFSI sector with Aditya Birla SunLife Insurance, Analytics Quotient, Axis Bank, Decimal Point, Deloitte, Futures First, HDFC, ICICI, Finance Kotak Mahindra Bank, L&T Finance, Purnartha, Spandana Sphoorty, Trafigura, TresVista Financial Services, etc. offering a plethora of roles like Financial modelling, Transaction Banking, Financial Analytics, Microfinance, Business Valuation, Portfolio management and Treasury and many more.
23% of the batch was recruited in the IT & Operations domain for profiles like Logistics, SCM, Plant Operations, IT Operations, Systems management etc. in esteemed corporations like Accenture, Cognizant, VM Ware, and Wipro.The Human Resources domain also witnessed a good response from both old as well as new recruiters. Brands such as Deloitte, DTDC, Jaetal Group, Reliance, RITES offered profiles such as Talent acquisition and Resource Management.
Stay informed, Stay ahead and stay inspired with MBA Rendezvous