As many as 55 companies have confirmed their participation in the ongoing campus placement of Indian Institute of Management, Ranchi (IIM-R). Sources in the premier business school said that the recruitment process, which began on November 8, will conclude by January.
“We cannot disclose the names of the companies but reputed ones from manufacturing, information technology, finance, banking and consulting firms are participating here. The final placements of 2012-14 sessions’ Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Human Resources Management (PGDHRM) are in the process. Also, summer internships of PGDM as well as PGDHRM batches of 2013-15 batches are going on,” said a student of the Media PR Cell.
He added, “The final placement report will be released by the end of January.” However, Shobhit Saxena, a member of Senior Placement Committee said, “We are not sure of releasing the report by January. It may take till February end.”
In the last recruitment process held from January to May this year, 64 companies had confirmed their participation but only 55 turned up. Some of the renowned recruiters were HSBC, JP Morgan Chase, ICICI, Maruti, Yes Bank and Tata Steel. Despite market slowdown 65 out of 67 students of PGDM 2011-13 session had managed to get jobs in these prominent corporate houses. The average salary offered here was Rs 12.4 lakhs. The highest domestic and international salaries were Rs 19 and Rs 24 lakhs respectively.
The placement of the 2010-12 PGDM batch had witnessed participation from 30 companies wherein 43 students were offered 65 jobs as some got more than one offer. Rs 13.60 lakhs was the average salary then with Rs 24 lakhs and Rs 23 lakhs as the international and domestic salaries offered.
Notably, the 2014’s PGDHRM batch will be the first specialised HR batch of this B School to pass out. Whereas, the PGDM batch to pass out next year will be the third passing out. Similar to every year, this recruitment is being carried out in a ‘confidential mode’. Most of the people denied sharing the details by quoting ‘we are not authorised to speak over the issue’.