Around 113 companies offered 177 jobs to the students this year.
Indian Institute of Management Tiruchirappalli has completed the final placements for its post-graduate programme (PGP) in management.
The highest package offered this year was Rs 54.50 lakh by an international company, while the highest package offered by an Indian company was Rs 31.7 lakh. The average compensation offered was Rs 14.28 lakh while the median was Rs 13 lakh.
This year, around 113 companies—including JP Morgan & Chase, L&T, Cognizant, Dell, ICICI Bank, Microsoft, Avalon Consulting, Deloitte, HCL, Royal Bank of Scotland, RBL Bank, Saint Gobain, GMR Group, UltraTech Cement, DHL, Tolaram Group, ValueLabs, Trafigura, VLCC and Kotak Life Insurance—offered 177 jobs to the students. The participating companies were from across sectors, and jobs were offered across functions —finance, sales & marketing, consulting & analytics, strategy & general management, operations, and OB & HR.
There were 176 students in the batch among which 172 registered for placement, while four students had opted out.
There has been an increase in the average annual compensation by 7.4 per cent compared to last year. The average annual compensation of the top 25 percentile increased by 24 per cent. Also, there has been a four-fold increase in the domestic offers this year, with an annual compensation above ? 30 lakhs, and a six-fold increase in the annual compensation above ? 20 lakhs in the overall offers to the students. These feats were achieved with a batch size increase of 63 per cent.
31 per cent students were offered roles in consulting & analytics, while 30 per cent in sales & marketing; 17 per cent in finance; 14 per cent in strategy and general management, seven per cent in operations and one per cent in OB & HR
Abhishek Totawar, chairperson, placement and external relations said, “Even with the 63 per cent increase in the batch size (compared to the previous year), growth in the placement statistics is proof of the brand image, which IIM Trichy has built in the past few years”.
Bhimaraya Metri, director, IIM Trichy said, “IIM Trichy is emerging as a leading business school in the country, and year on year our placement statistics have shown a geometric growth. Since its inception, IIM Trichy has been constantly proving itself year on year. This is evident from the amount of trust and confidence that the corporate world bestows upon our Institute and its students. We take this opportunity to express our gratitude to our valued regular recruiters, who have been a pillar of support to our institution and for having faith in us always.”