Students of PGP class of 2016-18, Indian Institute of Management Nagpur (IIMN) got 100% Summer Placement like last year. This year, more than 40 recruiters across all sectors found the students of IIMN suitable for the summer internship positions. IIMN has seen a significant increase in the number of first time recruiters for the second batch of PGP students.
The list of prominent recruiters includes Yes Bank, BPCL, ICICI Lombard, Choice India, Calderys, Delivering Change Foundation (Sakal Group), IDBI Federal, Excellon, Diffusion Engineers, WCL, Persistent, etc. Among these, IDBI Federal and ICICI Lombard made the highest number of offers.
Many of the students chose Sales and Marketing as their preferred domain, and rest of them chose to undergo internship in domains such as Strategy, Consulting, Finance, Business Analytics, IT Consulting, Operations, and IOT.
The Highest, Average and Median Stipend offered this year was Rs.1,60,000, Rs.56,900 and Rs.45,000 respectively. For the top two quartiles, the Medians are Rs.1,20,000 and Rs.50,000.
Final Placement Report (PGP 2015-17)
Note : This is an interim report for final placements
IIM Nagpur is pleased to share the interim placements report for the class of 2017. We have placed 23 students till 20 April 2017 and one student opted-out of the placements process. With many companies lined up to visit the campus, the placement process is still going on. The placement process started with positive response from two companies who offered pre-placement offers for students who performed exceptionally at the organizations in the summer of 2016. Apart from the two students who received PPOs, another 21 students have accepted offers in the final placement process till now.
The 23 accepted offers till now are from reputed companies from a variety of sectors. The major recruiters till now have been: YES bank, GroupM, BPCL, Larsen & Toubro, Delivering Change Foundation, ICICI Lombard, Bajaj Allianz, Wipro Technologies, Tega Industries, Jajoo Glass, Choice India, TresVista, Vishvaraj Infrastructure, and Tech Mahindra.
The companies have offered a myriad of challenging roles in various industry verticals. The roles are in the areas of Consulting, Marketing, Analytics, Finance, Operations, Strategy et al. The average and median figures of the current offers is Rs.12.18 LPA and Rs 12 LPA respectively with a minimum offer of Rs 9 LPA. The median for the top and the next quartile for the placed students currently stands at Rs 15.23 LPA and Rs 13 LPA.
The offers are spread across various industries. Here a snapshot of all the industry spread: Banking and Financial Services (26%), Infrastructure (22%), IT/ES (13%), Manufacturing (9%), Public Sector (9%), Media Advertising (9%), Consulting (4%), Financial Services (4%), and Not-for-Profit Organization (4%). With the process still going on the above figures are liable to change.
The functional spread of the accepted offers is: Marketing (44%), Operations (18%), Consulting (17%), Strategy (13%), Analytic (4%), and Finance (4%). With the process still going on the above figures are liable to change.
This is an interim placement report of IIM Nagpur for the batch of 2015-17. The process is still going on and we shall share further details in days to come.