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Best year for IIFM

THIS YEAR has been the best in the 18 years history of the prestigious Indian Institute of Forest Management (IIFM) from placement point of view. Not only all its 43 final year students got placement with prestigious institutes including multinational companies but also the average package offered to the students rose from Rs 3.03 lakh per annum to Rs 4.2 lakh per annum.

india Updated: Mar 07, 2006 15:32 IST

THIS YEAR has been the best in the 18 years history of the prestigious Indian Institute of Forest Management (IIFM) from placement point of view. Not only all its 43 final year students got placement with prestigious institutes including multinational companies but also the average package offered to the students rose from Rs 3.03 lakh per annum to Rs 4.2 lakh per annum.

The IIFM invited 15 multinational companies for campus selection process of its graduates. Addressing media persons today, Professor DK Bandopadhyay, Director, IIFM briefed about the campus placements conducted at the Institute.

He said 35 companies had initially offered to conduct selection procedure, but after preliminary study by the institute, only 15 companies were invited for placement interview.

Singapore based company Olam International offered the highest international package of 45000 dollars (Rs 11.5 lakhs approximately) to Santosh Singh and Mandar Samvatsar while the company’s Indian branch Olam India offered the highest domestic package of Rs eight lakh per annum to Priyanka Pradeep.

The companies that participated in the placement drive ranged from financial organisations like ICICI to government backed rural development organisations.

Chattisgarh Government’s Rural Development department also offered high pay packages after bringing in an amendment in their pay scales in accordance with the current trends.

Meanwhile, in view of the growing need of professionals in the field of forest management, number of seats for students in the IIFM would be increased from the current 45 to 120 over the next five years.

The number of seats would be increased to 60 for the year 2007. Two new courses dealing in weather and employment management would also be started by the Institute in the coming years.

The Institute is only one of its kind in the State. The institute would also introduce new short-term certificate courses for a period ranging from three to six months owing to the increasing demand of such courses.

A report on the projects and needs of IIFM has been presented to the Central Government for scrutiny. The same is expected to be passed shortly.