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IIM, Raipur Concludes Final Placements for PGP batch 2011-13

Published On: 08 Apr 2013 | Last Updated On: 09 Apr 2013

Indian Institute of Management (IIM), Raipur concluded its final and lateral placement process for the second batch of its flagship program PGP 2011-13. Out of the 45 eligible students, one had opted out to pursue his career as an entrepreneur. The response received from the industry was overwhelming with prominent recruiters participating in final placements 2012-13. A total of 52 companies from diverse sectors participated in the process, of which offers from 24 companies were accepted.

The prominent recruiting companies were HSBC STG, Ernst and Young, Ranbaxy Laboratories, Jindal Steel and Power Limited, IBM, Hero MotoCorp, Maruti Suzuki, Godrej & Boyce, Vedanta, ICICI Bank, Yes Bank, Usha International, HT Media, Bharat Petroleum, Hindustan Petroleum, Infosys BPO, Power Finance Corporation etc. Varied profiles offered to the students included elite Global Leadership position by a pharmaceutical company, AVP- Strategy & Operations by an emerging IT company and Executive Assistant to top management by one of the leaders in Infrastructure sector. Other profiles include Leadership Development, International Marketing, Investment Banking, Corporate Planning, International Business, Quality Management and Marketing and Commercial.

IBM was the largest recruiter with 4 students accepting the offers made in the area of Operations. Vedanta Group, Hero MotoCorp and Usha International made three offers each with profiles such as Strategic Sourcing, International Sales & Marketing and Commercial. 43% of the accepted profiles were from Sales and Marketing followed by Operations/IT (23%) and from Finance (20%).The participating companies found the students intellectually sharp, diligent and zealous.

Lateral Placements:

Lateral placement process started in the grandest manner with leadership profiles being offered by Jindal Steel and Power Limited and Ranbaxy Laboratories. A total of 14 offers were accepted in lateral placement process. One of the world’s largest retailers Tesco HSC participated in the placement process with its coveted Strategic Business Consultant profile. IIM Raipur also witnessed profiles such as Executive Assistant to top management, Strategic Sourcing, Corporate Planning, Solutions Design, Business Consultant, IT Consultant etc. The major companies that had participated in this process included Infosys BPO, Ernst and Young, Tesco HSC, Hero MotoCorp, Ranbaxy Laboratories and Jindal Steel and Power Limited. Acumen of the students and academic excellence was lauded by the industry as 85% of students with prior experience of one year or more successfully shifted their careers to a different sector.

The feedback from the recruiters had been encouraging and many of them have promised to participate in the process in coming years.

 Placement Statistics:

No of Students participated

45

Number of recruiters participated

52

Number of offers made

24

Total number of PPOs/ total number of accepted PPOs:

4/1

Average salary offered

Rs 12.03 lakhs p.a.

Highest Salary

Rs 19.00 lakhs p.a

Lowest accepted offer

Rs 6.5 lakhs p.a

Median salary

Rs 11.66 lakhs p.a

Sectoral Breakup:

Sales and Marketing:

Riding on the success of last year’s placements in the area of marketing, the batch of 2012 — 13 also had the highest number of offers (43%) in Sales & Marketing. Automobile, IT, Oil & Gas, Banking, BPO, Consumer Durables and Media companies offered roles such as Sales & Marketing, International Marketing, Business Development, Online Marketing, Dealer Development, Media Marketing and Circulation. One of the international giants provided exclusive International Marketing role. People Group recruited for its Product Management profile. A social entrepreneurship company participated in the process with a unique Branding and Communication profile. Linde India recruited for its Marketing Strategy, Sales and Commercial profiles. A PPO from Tata Motors was accepted in this domain.

Prominent Companies- Bharat Petroleum, Godrej & Boyce, Hero MotoCorp, Hindustan Petroleum, HT Media, Linde India, Maruti Suzuki, Mawana Sugars, People Group, Tata Motors, Usha International and Vedanta Group.

Finance:

Out of the entire batch, 20% of the candidates opted for profiles in the financial sector. Investment Banking, Corporate Banking, Valuation, Risk Management, Emerging Corporate Banking, International Banking, Trading, Debt Capital Market, Loan Syndications were the roles offered to the candidates. A niche financial consulting profile in the transportation industry was also offered. A consulting firm based out of Mumbai participated in the placement process with a unique senior analyst profile in treasury and trading. Yes Bank offered International Banking and Emergent Corporate Banking profiles.

Prominent Companies- HSBC STG, ICICI Bank, Power Finance Corporation, RITES, Tata Power, Trident Group and Yes Bank

Operations IT:

23% of the batch chose Operations and IT profiles. Profiles such as Quality Management, Strategic Sourcing, Merchandise Operations and Strategy were offered in Operations. Hero MotoCorp offered a senior Strategic Sourcing role to students of IIM Raipur with prior experience. An emerging IT company participated in the placement process by offering its AVP - Strategy and Operations profile. An offshore IT company of one of the world’s largest insurance company participated in the placement process with its unique Business Transformation Analyst profile.

Prominent Companies- Hero MotoCorp, IBM, Infosys BPO, L&T Hydrocarbon, Maruti Suzuki, Walchand Nagar Industries.

Consulting and General Management:

Ranbaxy Laboratories hired for its coveted Global Leadership Program. Executive Assistant to top management profile by a conglomerate and a leading infrastructure firm was a feather in the cap in the lateral placement process of the institute. Jindal Steel and Power Limited recruited for its Jindal Lead Management Trainee (JLMT) program.

An emerging data analytics company offered its senior project manager profile as a part of lateral placement process. Ernst and Young offered its Business Consultant role to the students after the exuberant performance of twelve students during their winter internship with E&Y Government Advisory.

Prominent Companies -Ernst and Young, I-Maritime Consulting, Infosys BPO, Jindal Steel and Power Limited, MuSigma and Ranbaxy Laboratories

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