IIM-T scales new heights, bags highest domestic package of Rs 33 lakh

IIM - Tiruchy has completed the final placements for the Post Graduate Program in Management (PGP) 2015-17 batch, bagging the highest domestic Cost to Company (CTC) package of Rs 33 lakhs.

Published: 17th March 2017 02:45 AM  |   Last Updated: 17th March 2017 04:49 AM   |  A+A-

By Express News Service

TIRUCHY: IIM - Tiruchy has completed the final placements for the Post Graduate Program in Management (PGP) 2015-17 batch, bagging the highest domestic Cost to Company (CTC) package of Rs 33 lakhs. This is an increase of 39 per cent over the previous year’s highest CTC package of Rs 23.81 lakhs.

Recruiters from various sectors, including Automotive, BFSI, Manufacturing, Infrastructure, Telecommunications, Consulting and Analytics, E-Commerce, Media, Consumer Durables and Retail, Health Care and IT/ITES participated in the final placement process.
Mahindra, YES Bank, JP Morgan Chase, Saint-Gobain, Robert Bosch, ICICI Bank, SBI, Standard Chartered Bank, Cognizant Business Consulting, Deloitte, Dell, Reliance Jio, Shell, Hindustan Petroleum and Publicis.Sapient were some of the prominent recruiters this year.
The companies offered diverse roles in the domains of Sales and Marketing, Finance, General Management, Strategy and Operations, Consulting and Analytics and Human Resources.  Roles like GMC, Executive Assistant to Chairman and Managing Director, Product Management, Project Management and Capital Risk Management were the highlights of this year’s placements.

All the 104 students who had registered for placements have been given offers. Of them, 25 students bagged PPOs / PPIs (Pre-Placement Offers / Interviews) with an increase of 19% over the previous year. The average CTC of the top 10% of the batch was Rs 21.55 lakhs. The top 25% got an average of Rs 17.93 lakhs and the top 50% Rs 16.02 lakhs. The median CTC offered to the batch witnessed an increase of more than Rs 1 lakh over last year and stood at Rs 13.28 lakhs. Average CTC also has increased from Rs 13.01 lakhs to Rs 13.30 lakhs.

Professor Abhishek Totawar, the placement chairperson, said, “Despite the tough recruitment market this year and calamitous weather (Vardah), we are happy to announce the successful completion of placements with increased numbers. We are extremely thankful to our recruiters who have shown trust in IIM Trichy.”
Director of the institute Dr Prafulla Agnihotri said, he was  happy to note the development of the institute over the last six years. “Most of the leading companies in India have taken note of our progress and have started visiting our campus for placements. This year, I was thrilled to see the names of companies like Microsoft, coming to IIM-T for summer placements and JP Morgan Chase, Shell and Publicis, Sapient coming for final placements for the first time,” he added.

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