IIM-Ranchi completes summer placements 2013

Editorial Team256|1Last Updated:09:00 am, March 17, 2013
IIM-Ranchi completes summer placements 2013

The Indian Institute of Management, Ranchi (IIM-R) has completed the summer placements. The institute is the first new IIM to complete the process.

About 54 students participated in the process.  The students opted for various fields including marketing, HR, operations and analytics.

According to the officials of IIM institute students of IIM-R have received the highest stipend, which is approximately Rs 1.70 lakh in the domestic market. The average stipend is Rs 52, 000."

The firms which recruited include:

Finance- HSBC, JP Morgan Chase, Societe Generale, ICICI, Yes Bank, Kotak Mahindra, ING Vysya, First Rand Bank, Fullerton Securities, Unicon Securities, IL&FS

HR -Michael Page, RPG, Beckton Dickinson, UB Spirits, Heidrick and Struggles, ABC consultants, HT Media, Mizuho Securities, Maruti etc

KPMG offered live projects to 6 students of the PGDHRM batch.

E KPMG, investment banking, ING Vysya, HSBC, summer placements

Placement trends at IIM Trichy:


20% - finance

10% -IT/ITES sector

About 10 students opted out of the placement process while some students want to work for for start-ups.

Image courtesy: photos.com

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First Published:09:00 am, March 17, 2013

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TweetTweet (Posted 1 Year Ago)

IIMs are not doing adequate disclosures about their placement data. Why they provide selective information? Why do they not disclose: (a) How many students really remained unplaced? (b)How many were forced to opt out of placement process to fudge the data? (c) What was the minimum, average and median salary offered? (d) What was the Standard deviation of salary offers? etc.<br /> Will there be ever a change in the mindset of top management of IIMs so that they start making the adequate disclosures regarding their placement performance? Till the time this happens, gullible youngsters will keep getting duped by partial and misleading placement data of IIMs.