A report on final placements by The Indian Institute of Management – Trichy (IIM-T) was announced on Tuesday. A total of 113 companies provided 177 offers to students of the 2016-2018 batch of Post Graduate Programme (PGP) in Management with Rs 54.5 lakh being the top international offer and Rs 31.7 lakh the highest compensation offered by companies within the country.
The 113 companies—included JP Morgan & Chase, L&T, Cognizant, Dell, ICICI Bank, Microsoft, Avalon Consulting, Deloitte, HCL, Royal Bank of Scotland, RBL Bank, Saint Gobain, GMR Group, UltraTech Cement, DHL, Tolaram Group, ValueLabs, Trafigura, VLCC and Kotak Life Insurance that offered 177 jobs to the students. The recruiting companies were from across sectors, and jobs were offered across functions —finance, sales & marketing, consulting & analytics, strategy & general management, operations, and OB & HR.
Chairperson of placement and external relations, Abhishek Totawar said, “Even with the 63 percent increase in the batch size (compared to the previous year), growth in the placement statistics is proof of the brand image, which IIM Trichy has built in the past few years”.
“IIM Trichy is emerging as a leading business school in the country, and year on year our placement statistics have shown a geometric growth. Since its inception, IIM Trichy has been constantly proving itself year on year. This is evident from the amount of trust and confidence that the corporate world bestows upon our Institute and its students. We take this opportunity to express our gratitude to our valued regular recruiters, who have been a pillar of support to our institution and for having faith in us always,” said Bhimaraya Metri, director, IIM Trichy.
The report stated the increase in the average annual compensation by 7.4 percent compared to last year. Moreover, the average annual compensation of the top 25 percentile increased by 24 percent. Also, the domestic offers this year quadrupled, with an annual compensation above ₹ 30 lakhs, and the annual compensation sextupled, which is above ₹ 20 lakhs in the overall offers to the students.