IFIM Business School Completes 100% Placements, Avg Salary @ Rs 6.64 lakhs
IFIM Bangalore has concluded 100% final placements for its flagship two-year PGPM / PGDM Finance course as top companies recruited all the eligible participating students
While the average annual package offered to the students was Rs 6.64 lakh, the highest package stood as high Rs 9.00 lakh and highest international placement received was Rs 15.00 lakh.According to the placement officials at IFIM Bangalore, As many as 150 recruiters participated in the process to 117 students who sought campus placement.
“Notwithstanding the challenging economic environment, IFIM had a successful final placement process for the 2013-15 Batch. A blend of features like strong industry-academia interface, eminent faculty,the placement team’s efforts and quality students has resulted in this accomplishment,”said Mr VN Mohan, Associate Director – Centre for Continuous Employability, adding, “The companies trusted our students and their skills and it is a matter of pride for us as well !.”
According to the institute, prominent recruiters like SBI, Time Inc, Genpact, CRISIL, Minacs, Societe Generale Global, Dell, ICICI, Nestle, ID Foods, Britannia, Fujitsu and KPMG were impressed with the students and recruited them. The students chose a mix of profiles, both in terms of the broad domains and specific roles like Corporate Banking, Financial Consulting, Asset Management, Product Liability Management, General Management, Operations Consulting and Supply Chain Planning.
Enthused with novel ideas & productive planning, the placement wing of IFIM embarked on a new process christened as POWER WEEK which was a prelude to the placement season. Invitations were sent out to the corporate to participate during this special window and decide on the cream students for a high end package of fixed salary. This unique window had three slots per day and companies were invited on first come first served basis. IFIM witnessed around 15 companies visit the campus with requirements for Management Trainees / Assistant Managers across specializations. To name a few, CRISIL, DELL, Deloitte, Copalamba Research, Boston Technologies, Optimal Strategix Group, Minacs, XL Dynamics, Just Eat, Developer Group, Richcore Life – Sciences made their presence at the campus.
The sector-wise break-up was diverse comprising of finance, market research & analysis, consulting, microfinance, real estate, e – commerce, IT and pharma. We are pleased to share that due to the Placement Power Week, there was a hike of 11.4 % in the average salaries offered as compared to the previous year. Owing to provide good opportunities to our budding professionals in future, IFIM wishes & continues to strive towards academic excellence, keep pace with change, deliver superior quality learning solutions with the help of successful academia – corporate partnerships. For the rest of the students, the placement process was conducted in two stages. Initially the mid-level managers conducted interviews of the students and in the second stage the final candidates were interviewed by the top-level executives in leading companies.
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