100% placement at IIM-R; average pay Rs 12.22 lakh | education | Hindustan Times
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100% placement at IIM-R; average pay Rs 12.22 lakh

education Updated: Mar 28, 2012 10:48 IST
HT Education Correspondent

Many students from the first batch of the Indian Institute of Management (IIM) Rohtak have bagged domestic jobs paying more than Rs 25 lakh a year. The average salary during the final campus placements is Rs 12.22 lakh a year.

Twenty-seven companies have taken part and made 58 offers to a batch of 47 students so far. These included HSBC, Pfizer, Tata Motors, BPCL, HDFC, Tata Steel, Cognizant, Mother Dairy, Yes Bank, Tata Power, Max New York Life Insurance, Berger Paints, Reserve Bank of India, Titan and Ernst & Young, among others. Emerging players such as green ventures, too, offered attractive pay and perks.

As many as 32% of the students opted for the marketing function with roles such as brand management, rural marketing, business development, sales & marketing, and B2B marketing. The finance sector drew 28% to whom profiles offered included investment banking, corporate banking, equity research, investment analysis and corporate strategy. About 40% students received offers for consulting, operations, information technology and general management profiles.

Started in November 2009 at the Maharshi Dayanand University campus close to Delhi NCR, this is the eighth IIM in the country. The institute boasts having achieved 100% placements “even before most of the other IIMs,” hence the festive mood at the first convocation on March 17, 2012.