Despite the ongoing market slowdown 65 out of the 67 students of Indian Institute of Management, Ranchi (IIM-R) Post Graduate Diploma in Business Management (PGDM) batch of 2011-13 session, have managed to get jobs at prominent corporate houses.
As many as 8 students bagged international offers for roles in Middle East and Malaysia across diverse domains including Human Resource, Finance, Marketing and Consulting.
The highest foreign salary offered was 24 lakhs per annum, while the highest domestic salary offered was 19 lakhs per year. On the other hand, the average domestic salary stood at Rs 12.4 lakhs per annum followed by Rs 7.5 lakhs as the minimum salary.
“Two students out of the total strength, opted out of the placement process for personal reasons,” said Ruchira, a Placement Committee Member.
This year’s batch was the fourth passing out PGDM lot of IIM-R. Expressing joy over this win Director MJ Xavier said, “The Common Aptitude Test cut off of 99.61 percentile, which is the highest amongst all the IIMs, ensured us to gather the best talents in India.”
The recruitment process which concluded recently was started in mid January and saw active participation of 55 companies. Some of the renowned recruiters were HSBC, JP Morgan Chase, ICICI, Maruti, Yes Bank and TATA Steel.
46 percent of the profiles offered to these budding managerial students were from Sales and Marketing. 22 percent were from Finance followed by 15 percent of roles in General Management.