100% placement at IIM-Trichy, average salary escalates

In the present scenario, not just the major IIM’s, but also the newer ones, are setting excellent placement records. IIM’s have always set benchmarks for academic excellence and this year, IIM-Tiruchirappalli (IIM-T) has recorded 100 per cent placement, with marginally higher average salaries than last year.

It may be mentioned here that sometime back, Prof Saral Mukherjee, who served as Chairperson of the Placement Committee at IIM Ahmedabad during 2008-12 and as Member of the Placement Committee (2012-13) had said that placements at IIMs are not an entitlement, determined by mood in corporate India.

IIM-T has informed that out of the total 106 students belonging to the batch of 2013-15, 103 registered for placements and all were placed. In all, 103 recruiters visited the campus as against 76 companies last year. 106 offers were made, with students getting multiple offers, compared to 86 offers last year.

The highest salary offer this year was Rs 19.50 lakhs, marginally higher from Rs 19.25 lakh offered last year. The institute said that the number of offers at the higher band exceeded last year’s numbers. At the lower end, the minimum salary package witnessed a 20% increase from last year and ended at Rs 7.5 lakh. The median annual compensation levels continued to be around Rs 11 lakh.

Abhishek Totawar, chairperson, placement & external relations at IIM-T said, “Our biggest efforts this time was to match students’ interests with the recruiters and job profiles and we have been able to satisfy majority of our students”.