Average salary of the batch has increased by around 30% from that of previous one.
The fourth batch of Post Graduate Programme in Management
for Executives (PGPX) has almost completed its placements
with 97% of the students already placed.
Out of the batch of 80 students, 66 students sought placements this year while 64 students have been successfully placed
till now.
A release from the institute said, "The two students remaining to be placed from the 2010 batch have niche skills and location constraints and have rejected one offer each as they are looking for well targeted positions in specific industries. The institute continues to provide full support in their career search efforts by facilitating interaction with firms that express interest."
Some of the recruiters that visited IIM for placements this year included McKinsey, Goldman Sachs, Axis Bank, Google, Amazon, TCS, IBM, Wipro, Mahindra Satyam, HCL, Infosys BPO, Polaris, Aricent, VBHDC, NISG, Genpact, Hero Honda, Mahindra and Mahindra, RIL, Tesco, RPG, Bennet Coleman, MARG and Zensar.
Apart from the traditional consulting and general management roles, students were offered CEO, Executive Director, Sr. VP, VP, General Manager and Practice Partner positions. The average salary of the fourth batch has increased by around 30 % with an increase from a package Rs20,16,000 of the third batch to Rs26,10,000.
The IT sector turned out to be the first preference of the students of the batch with 58% of the students taking up jobs in the sector while 19% of them went to the consulting sector. Financial services sector was the third preferred sector with 8% of the students taking up jobs in the sector. The other sectors that the students got into included infrastructure, manufacturing, pharma, media and conglomerates.
Eight students of the batch are working on their own entrepreneurial ventures in a variety of fields such as clean energy and healthcare.
Professor Saral Mukherjee, the chairman of Placements at IIMA said: "The placements this year have shown that recruiters consider the IIMA PGPX programme to be a source of top notch middle to senior level executive talent. We intend to keep building on this momentum and invest in learning about recruiter needs and preferences."
While the placement of the fourth batch of PGPX began around January this year the batch had graduated on 27th March 2010.
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