IIPM Placement: Another Successful Placement Year

Online, August 12, 2012 (Newswire.com) - At the time of going to the press, IIPM had successfully placed 3,491 students (beating its own National Record of 2800 students last year for which it has been bagging the prestigious Dewang Mehta Award for the last four consecutive years). An astounding 1,299 (800+ unique companies) domestic and international companies that visited the various IIPM campuses this year.

The Dean of IIPM Think Tank, Professor Arindam Chaudhuri said: "With more than 90 per cent of the class of 2012 already placed we are once again set to achieve our target of 99 per cent plus placements this year for the 16th year running! No slowdown has ever been able to hit the amazing placement cell at IIPM which has more than 100 people working round the clock and around the globe! At a time when all so called UGC approved and AICTE approved institutes are struggling to get a bare 100 students, IIPM is proud to place about 3500 students-the key reason why more students around the globe choose to study at IIPM than at any other B-School globally". Class of 2012 received an overwhelming response from the corporate and saw companies from all sectors visiting the campuses.

The recruitment process that kicked off in September 2011 had an overwhelming participation from different industries viz. FMCG, banking, IT, telecommunication, real estate, automotive and many more. Although, the batch size was more than the previous batches, this season witnessed a surge in participation of companies by over 75 per cent.

Overall, the average package offered to the class of 2010-12 increased significantly by 20 per cent compared to last year. The average package that was offered to the students of IIPM's flagship program was `6.25 Lakh while it was `4.5 Lakh for non-flagship ISBE program of IIPM. The international average package that was offered this year stood at `12 Lakh. The highest package at domestic level offered was `16 Lakh by Kapston Facility Mgt. Pvt. Ltd for IIPM students and `7 Lakh for ISBE students. The highest international package this year was `18 Lakh offered by Al Mashriq LLC, Dubai. Preet Singh Chawla who bagged highest domestic package credits her success to IIPM and says, "When it comes to global outreach, nothing in the world can beat IIPM. A perfect blend of intellect and fun is how I would like to describe my journey at IIPM. An amalgamation of good faculty members and an interactive and application based style of teaching has contributed a great way in my personality and made me a confident individual. Each class at the institute was a new learning experience and the exposure helped me to get my goal for my corporate journey in a much better way."

This year companies like citibank, standard chartered, HDFC bank, colgate and palmolive, canon India, HSBC investments, ernst and young, indiabulls investments, ICICI group, mahindra and mahindra group, aditya birla group, vodafone, airfone China, reliance ADAG group, Taj group of hotels, IGate technologies, HP, zee enterprises, UB group, jet airways, copal partners, DLF group, American express and RR donelley, to name a few, visited various IIPM campuses, beside other regular recruiters. Even a surge in international companies visiting the campus was seen with names like first gulf bank, jumbo electronics Dubai, landmark retail, Al Abbas group Dubai recruiting more than 75 students from various campuses.

One of the top recruiter of this year, Rachit Mehra, unit head-acquisitions, Barclays bank PLC said: "It has been a short association with IIPM but the quality of candidature we got to see here is amazing. The values and ethos taught at IIPM shows in the confidence and commitment of the candidates. IIPM has a very good talent pool which gives the institute an edge over others."

Students were able to grab dream jobs in their functional areas with three-fourth of all students' opting for Marketing and Sales functions. Prof Rajat Shukal, dean placements - All India, shared that, "IIPM placements have been a towering experience for 2010-12 batch, as usual BFSI sector being the largest contributor to the service sector of the economy was the most impatient sector to hire students and gear up growth, followed by IT/ITES where the market sentiment has been traditional due to international markets being conservative of growth but with the elections up this year in almost 12 prominent countries of the world, with governments budgets being high, this sector also has seen a surge in hiring. Real estate and infrastructure development companies were the new entrants at campuses and proved to be a prominent sector as far as placements are concerned. This year was a landmark year for hiring with 1100 companies visiting the campus and the reason why IIPM again was a preferred campus was again due to the absolutely rigorous and innovative pedagogy that it uses in terms of educating its students and following a mix of theory and case study applications which gives the students the ability to make real life business decisions which create value for organisations."