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IIM, Ranchi Concludes Final Placements for PGDM batch 2011-13

Published On: 17 May 2013 | Last Updated On: 23 May 2013

Indian Institute of Management (IIM) Ranchi has successfully completed the final placement process for the batch of PGDM-2011‐13. The process was started in mid-January and saw active participation of 55 companies. In PGDM 2011-13 batch of 67 students, 2 students opted out of the placement process. One of the students went on to pursue FPM and the other decided to make his mark in the business world by starting his own venture.

IIM Ranchi has received excellent response from the industry and attracted prominent companies from diverse domains for the final placement process. Despite the market slowdown, more jobs were offered than the batch strength at IIMR. A total of 55 companies participated in the final placement process and extended 74 offers.

Feedback from the industry was positive, the batch quality as well as the knowledge displayed by the students amazed the recruiters. Students of IIMR have always been able to impress the corporate by their diligence and hard work. Nine students were offered PPOs/PPIs by top-notch companies after showcasing their mettle in their respective summer internships. A total of 15 corporate recruiters from the summer internship process also partnered with IIMR for Final Placements.

With the increase in the batch size from 43 to 67 this year, numbers of companies also increased significantly. Total of 34 new recruiters visited IIMR this year.

Some of the prominent recruiters were HSBC, JP Morgan Chase, HT Media, ICICI, KPMG, Maruti, Yes Bank, Pidilite and TATA Steel offering varied profiles to candidates like Investment Banking Research, Corporate Banking, IT consultant, Retail Product Banking, Product Development etc. Other elite roles offered were Global Leadership Program, Strategic Sourcing, Digital Marketing, Data Analytics and Executive Assistant to MD/CEO.

Placement Statistics:

Batch Strength

67

Total companies confirming participation

64

Total companies participating

55

Total PPOs made/accepted

9/2

Total International placements

8

Average Salary

Rs. 12.4 lakhs per annum

Highest Salary (International)

Rs. 24 Iakhs per annum

Highest Salary (Domestic)

Rs. 19 Iakhs per annum

Sectoral Break Up:

IIM Ranchi Final Placements 2013

46 % of the profiles offered were from Sales and marketing, 22 % from finance followed by 15 % of roles in General Management. The diverse talent pool of IIM Ranchi attracted almost all the industry sectors including a France based sports retail firm. Total of 8 international offers were accepted for roles in Middle East and Malaysia across diverse domains including HR, Finance, Marketing and Consulting.

Finance:

Following the successful summer placements 2012-13, which saw participation of big names offering diverse range of finance roles, IIMR attracted big players in finance domain to the campus. Despite the slowdown in financial market IIMR managed to grab 22 % of offers in finance sector. Certain roles were exclusively offered to IIMR among the new liMs because of the exemplary performance of students in their summer internships.

A foreign boutique asset management firm offered roles like Real Estate Management Advisory, Asset Management, and Financial controller. Roles offered in finance domain included lB Research, Corporate Banking, Retail Product Banking, Cards and Liability Products Management, Credit Research.

Prominent Recruiters: J.P. Morgan Chase, Yes Bank, HSBC, Altisource, ICICI Bank, ING Vysya, ICRA, Kotak Mahindra, Headstrong.

Sales & Marketing:

IIMR has been performing exceptionally well in Sales and Marketing and attracted several top marketing companies’ participation in the final placements.

Different roles like Sales & Marketing, Circulation Marketing, Media Marketing, Rural Marketing, Business Development, E-commerce, Brand Management, Dealer Development and Market Research were offered in sectors like FMCG, Automobile, Pharmaceutical, Oil & Gas, Banking, Market Research, Consumer Durables and Media.

Prominent Recruiters: HT Media, Maruti, Eveready Industries, Berger Paints, Ranbaxy, Pidilite, Hero Motocorp, Crompton Greaves, IOCL, Mother Dairy, iCRM, Bisleri.

IT & Operations:

Reaffirming faith in the students, big names like Hero MotoCorp & KPMG recruited from IIMR offering roles in Strategic Sourcing and IT Consulting.

Prominent Recruiters: MuSigma, KPMG, Steria Systems, Hero Motocorp, McDonalds.

Consulting & General Management:

With 65% of batch possessing prior work experience, IIMR attracted roles in Consulting and General Management. Indofil offered the role of Executive assistant to CEO to the students of IIMR. A major French Sports goods retail firm offered roles in general management to students with prior work experience.

Prominent Recruiters: Boston Analytics, Jindal Steel and Power Limited, Formcept, Photon Infotech, TATA Steel, PwC.

Highest foreign salary offered was 24 lakhs per annum, while the highest domestic salary offered was 19 lakhs per annum. The average domestic salary stood at 12.4 lakhs per annum. Minimum salary of 7.5 lakhs per annum was offered.

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