IIM Trichy has concluded the summer placement process for the 2016-18 batch of PGP (Post Graduate Program in Management) students with a 56% increase in the highest domestic stipend offered (compared to the previous year). The average stipend offered for the internship period was Rs. 53,030 and the highest domestic offer was Rs. 2.50 lakhs.
Though 106 companies expressed interest in participating in the placement process, we completed the process with just 70 companies offering various roles to the 159 candidates.
Roles were offered across various domains like Sales & Marketing, Finance, General Management, Consulting, Strategy, Operations & HR. Some of the major recruiters taking part in the process were Microsoft, Dabur, World Bank, Mahindra, Accenture, Cognizant, Deloitte, Yes Bank, etc. There was an even distribution in the companies visiting from various sectors like BFSI, Consulting, Manufacturing, IT & Services, FMCG, Retail, E-commerce, Supply Chain & Infrastructure.
The average of the top 10% offers for the domains like Sales & Marketing, General Management & Finance witnessed a growth in the range of 20-25% compared to the previous year. The median stipend offered to the top 10 percentile of the batch was Rs. 1.31 lakhs and that offered to the top 25 percentile of the batch was Rs. 1 lakh.
Speaking on the conclusion of the summer placements, Prof. Abhishek Totawar, Chairperson-Placements and External Relations at IIM Trichy said, “Despite a 67% increase in the batch size, this year witnessed an even better performance over the last year with every student getting a paid internship with better roles and stipends.”
Director, Dr. Prafulla Agnihotri said, “The result of Summer Placements with a 56% increase in the highest domestic stipend and once again the whole batch getting placed in professional companies all over India proves the quality of academic processes at IIM Trichy. I heartily congratulate the students of the first year as well as my colleagues in Placement team for the meritorious results of Summer Placements.”
The summer placement report can be accessed at:
http://www.iimtrichy.ac.in/iimtrichyfiles/Summer%20Placement%20Report_AY%202016-17_IIM%20Trichy.pdf