IIM-R placement package touches Rs 58.1L per year

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Indian Institute of Management — Ranchi, witnessed participation from over 100 companies in its final placement session for MBA and MHA-Human Resource Management (MBA-HRM) courses for the batch of 2017-19.

The batch, having the largest strength till date with 244 students, 181 for MBA and 63 in MBA-HRM saw hundred percent placements in various sectors.

Some of the major functional areas for which students were selected included sales and marketing, finance, operations and general management, IT and Analytics, strategy and consulting and human resource management.The average compensation offered to MBA students was Rs 14.88 lakh per annum while the highest international compensation offered was Rs 58.1 lakh per annum.

Meanwhile, the average salary package for MBA-HRM batch was Rs. 14.52 lakh per annum. For MBA students the highest number of offers, which was 32 per cent of the total offers, was made in the sector of sales and marketing, followed by 22 per cent in IT and analytics, 20 per cent in finance, 14 per cent in strategy and consulting and 12 per cent in operations and general management.

Some of the major recruiters included Accenture, Berger Paints, Bosch, Capgemini, Cognizant, DS Group, Emami, GAIL, Google, ICICI, IBM, HP, JP Morgan Chase, L&T, ONGC, RPG, Samsung R&D, Sony Pictures, Tata Steel, Yes Bank and others.Also, there were a number of companies which came in for the first time to recruit including Anand Rathi, Ernst & Young, Flipkart, People Strong, Quikr, Raymond and Yatra, to name a few, offering coveted roles across domains. Faculty of the institute said that the outstanding performance exhibited during the Final Placement Session is a testimony to the patronage and support of key stakeholders of the Institute, including recruiters, members of the Board of Governors, alumni and staff.

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