IIM Nagpur achieves 100% placements for its students

IIM Nagpur completed the final placement process for the fourth batch of students enrolled in its flagship Post Graduate Programme in Management (PGP 2018-20). With double the batch size as compared to the previous batch of 2017-19, this year also IIM Nagpur achieved 100 per cent placement and closed the placements two weeks earlier, as compared to last year.

 

 

The final placement process for IIM Nagpur witnessed over 50 recruiters, including many first-time participants, making a beeline to recruit the best available talent from the campus. The season saw participation from sectors like FMCD, Manufacturing, Analytics, IT, Consulting, Automobile, Logistics and others. IIM Nagpur witnessed participation from organisations like Deloitte Consulting, Amazon, ThyssenKrupp, MuSigma, Tata Power, DHL, Genpact, ANZ Bank, Hexaware Technologies, TechMahindra, Wipro Digital, TVS Motors, VGuard, Kotak Mahindra, HCL Technologies, L&T Realty, Sutherland Global, Tredence Analytics, Trianz Holdings, FSS, MahaMetro, FIITJEE, and Aspect Ratio Data, among many others.

 

Consulting, followed by Engineering Services, ITES and BFSI recruited more than seventy nine per cent of the batch. The highest domestic package offered saw a 100 per cent increment from Rs 20 lakh last year to Rs 40 lakh this year, and the average was Rs 13.10 lakh . Further, the average package offered for the top 5 per cent and 10 per cent of the batch was Rs 28 lakh and Rs 21.60 lakh respectively. This year also witnessed a 23 per cent and 14.49 per cent increase in the average package for the top 10 per cent and 25 per cent of the batch respectively. The top 50 per cent average for this year has been 15.83 lakh per annum. The median package for the batch was Rs 12.55 lakh. Strategy, Sales and Marketing, General Management and Operations were the most sought-after roles, closely followed by Analytics and Finance among students.

 

“This year, our graduating batch size is double that of last year. And the recruitment process is competitive as ever. Yet, I am very happy to state, our graduating batch was completely placed, and even before time compared to last year. The recruiters have given a clear message this year with more PPOs and better package statistics, this year we also saw 36 new recruiters participating in the campus recruitment process. While we are very grateful to the industry for their constant encouragement, we are independently striving our best to raise the bar for ourselves. We plan to soon move into our new campus with increased student intake. We are committed to support the growing demand of the industry with higher quality managerial resources,” said Prof. L S Murty, Director, Indian Institute of Management Nagpur.

“I am thankful to all the recruiters for their enthusiastic support and restoring their confidence in IIM Nagpur. This season, we not only successfully retained our previous recruiters but also witnessed more participation from first-time recruiters. Our flexibility in introducing new courses in accordance with the changing nature of work across domains gives us that significant edge,” said Prof. Rahul Kumar Sett, Chairperson, Career Development Services (CDS) at IIM Nagpur. “The industry restored its confidence in the IIM Nagpur fraternity owing to its stringent academic rigor and holistic management ecosystem. We are sure of attaining greater strides in the coming years,” said Souvik Roy, In-charge, Career Development Services, IIM.