IIM Raipur concludes first ever Final Placements 2012: 51 Recruiters Participate, Maximum offers from Marketing
| April 30,2012 06:40 pm IST
Indian Institute of Management Raipur started its flagship programme on 11th October 2010. Prof B S Sahay, Director, said that though we started four month behind the academic schedule, the course was completed on time with maintaining very high standard, rigour and contents.
He felt that response from the industry is tremendous and support from Chhattisgarh Government is worth mentioning. It is a matter of great pride and privilege for Chhattigarh and IIM Raipur that in short-span of time, IIM Raipur has been able to carve niche for itslef and has been able to attract several reputed companies.
The process saw participation of 51 companies showing faith in the institute and its students. The batch comprised of 66 students out of which 64 participated in the process. 2 students opted out to start their own entrepreneurial venture in Chhattisgarh and Manipur respectively. Students came from a diverse mix comprising of Fashion Technology, Medicine and Pure Sciences apart from Engineering and Commerce. The process reflected their sectors of choice and roles desired.
Students chose from Marketing (42%), Finance (31%) to Operations (12%) and Consulting (12%).
The recruiters offered profiles that included Corporate Strategy, Investment Banking, Mergers and Acquisitions, IT Consulting, Brand Management, Equity Research, Strategic Sourcing Transaction Banking and Technology Solutions etc. As many as 8 lateral offers were made during the process which included roles such as Strategic Vendor Sourcing, Supply Chain Management, Corporate Strategy, Corporate Planning and Solutions Design given by the market leaders in their respective segments.
The largest package was offered by one of the fastest growing International Market Research company and offered a Technical Advisor-Senior executive role in their company. The package offered was Rs.23 lakhs per annum.
The first placement process of IIM Raipur saw a diverse mix of companies from Automotives, Banking (Retail, Investment, Regulatory Banking etc), Consultancy, Equities, FMCG, Manufacturing, Media, Pharma., IT etc. Key recruiters were HSBC, Yes Bank, Accenture Business Consulting, Technopak Advisors, India Infoline, Oracle Financials, Tata Motors, Berger Paints, Pfizer, HT Media, Reserve Bank of India, BPCL etc. Yes Bank was the largest recruiter and took 6 students in various roles.
Average Package : Rs.12.94 lakhs per annum
Highest Package: Rs. 23 lakhs per annum
Median Package : Rs.12.62 lakhs per annum
Key Recruiters: HSBC, Yes Bank, Reserve Bank of India, Accenture Business Consulting, Tata Motors, Emami, Hero Motocorp, Technopak Advisors, Pfizer, Oracle Financials
Key Profiles: Investment Banking, M & A, Corporate Strategy, Brand Management, Equity Research, Business Consulting, Strategic Sourcing, Supply Chain Management.
International Offers : 1
Number of Participating Companies: 51
The Chairman (Placements), Prof M Kannadhasan said that the recruiters found the first batch full of enthusiasm and hoped that the institute with its strong focus on academic rigour right from the inception will prepare students to contribute in their organizations and society and the pioneer batch will set the example. He hoped that many companies which were on hiring freeze due to unfavourable conditions and expressed desire the campus in the next process.