Placement Report of First Batch

Indian Institute of Management Raipur

Summary of Placement Report

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 Chhattisgarh and IIM Raipur that in short-span of time, IIM Raipur has been able to carve niche for itself 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.

Key Highlights

• 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.  

You can see the pdf here

Summer Placement Report PGP 2011-13

Key Snapshots

• A 33% increment in Average Stipend YoY which stands at Rs 53,000. Highest stood at Rs 1,40,000.
• 1.58 offers per candidate with companies from 13 sectors to choose from.
• Sustainability Consulting, a niche consulting offered for the first time to Interns in India.
• JSPL and ONGC were largest recruiters with 4 offers each.
• Key Companies  that participated were Citibank, Ernst and Young, KPMG, Vodafone, JWT, Tata Motors, PepsiCo, ICICI Bank, Actuate Business Consulting, Aegis Consulting etc.

The Career Development and Placement Office, IIM Raipur is pleased to release the Summer Internship Report for the batch 2011-13. The 8 week internship which is a part of the curriculum is important for getting a healthy exposure to working in corporates. The average stipends increased by 33% YoY and the number of offers per candidate stood at 1.58. The highest package was offered by Niche Consulting Firm and stood at Rs. 1,40,000. The Institute was visited by recruiters with many being first time recruiters. Prominent Names include Citibank, KPMG, Ernst and Young, Vodafone, PepsiCo, JSPL, Tata Motors, Hero Motors, J Walter Thompson, ICICI Bank and SEBI. A number of PSUs also participated in the process and emerged as leading recruiters, prominent being ONGC, BPCL and Bank of Baroda.

Some of the profiles offered included Product Launch Strategy, Business Development in European Markets etc. Sustainability Consulting was a niche profile offered to the institute which is one of the first of its kind offered as Internships in India. The companies came from over 13 sectors representing a wide variety of opportunities for students to choose from. Students had a diverse mix to choose from which included Telecom, FMCG, Consulting, Finance, Supply Chain, Marketing as well as NGOs and Start-ups. In all 41 companies visited the campus and made 76 offers.

Speaking about the Summer Internship process the Chairperson Placements, Dr M Kannadhasan said "IIM Raipur, in a space of two years, has emerged as a preferred institute for recruiters who found the students impressive in their subject knowledge and aptitude. The whole process was designed to provide the best fit companies according to the profile of the candidates. I am pleased to see several companies that came to the campus for the first time and many companies who came last year come back again this year as well."

The report can be accessed through this link:-

https://docs.google.com/open?id=0B5wiquyIByPeMXNDcW8waEZUY2lJMW1vOUt0dXpUQQ