Final placement for the MBA (PGP batch 2017-19) at IIM Visakhapatnam yet again saw 100% placement with the average salary at Rs 12.61 lakh per annum, median salary at Rs 12 LPA and the highest salary at Rs 22 LPA.
Held on a rolling basis, the placement season witnessed more than 50 companies participating in the process and making multiple offers. Out of 60 eligible students, 4 students requested the deferment of their placements to next year, IIMV said in a release.
- MBA (PGP 2017-19) nets Rs 12. 61 LPA Average Salary, Rs 12 LPA Median salary. Highest offer at Rs 22 LPA
- The average salary for the top quartile at Rs 17.07 LPA and for the top half at Rs 14.82 LPA. In terms of salary compensation, the batch breaks all previous records, sets new benchmarks.
- Sales & Marketing account for 30.4% of the placements. In the sector-wise breakup, IT/ITES and BFSI account for 25% each.
- Major recruiters included Aditya Birla Payments Bank, Amara Raja Group, Amul, BASIX, Berger Paints, Bosch, Click Labs, Euromonitor International, Franklin Templeton, GMR Group,
The average salary for the top quartile at Rs 17.07 LPA and for the top half at Rs 14.82 LPA. In terms of salary compensation, the batch broke all previous records and set new benchmarks.
Major recruiters included Aditya Birla Payments Bank, Amara Raja Group, Amul, BASIX, Berger Paints, Bosch, Click Labs, Euromonitor International, Franklin Templeton, GMR Group, HDFC Bank, HSBC, ICICI Lombard, KPMG, MuSigma, TVS Motors, Waaree Energies and Yes Bank. Andhra Pradesh Government recruited once again from IIMV.
In the sector-wise breakup, IT/ITES and BFSI accounted for 25% each. Consulting took in 10.7%, followed by Energy (8.9%), Conglomerate (7.1%), Hospitality, Infrastructure and Luxury Goods (3.6% each).
Major recruiters included Aditya Birla Payments Bank, Amara Raja Group, Amul, BASIX, Berger Paints, Bosch, Click Labs, Euromonitor International, Franklin Templeton, GMR Group, HDFC Bank, HSBC, ICICI Lombard, KPMG, MuSigma, TVS Motors, Waaree Energies and Yes Bank. Andhra Pradesh Government recruited once again from IIMV.
FMCG, Mining, Automobile, Chemical, Manufacturing, Market Research and Government (1.8% each) proved that the Institute readies its students for diverse domains.
Sales & Marketing accounted for 30.4% of the placements; Project Management (14.3%); Finance (12.5%); Leadership Program (7.1%), Product Management (5.4%), Consulting (5.4%), General Management, Strategy & Operations, IT Advisory, Operations and CRM (3.6% each); Analytics, Strategy and Management Analyst (1.8% each).
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The continued trust and confidence reposed in the students of the Institute resulted in several top-notch recruiters hiring this year too. KPMG, the big-four consulting firm, hired students for their Government Advisory, IT Advisory and Strategy & Operations Consulting practice.
FMCG company, Amul, took in students for Sales & Marketing. Infrastructure giant GMR extended offers for its Management Trainee program in the Operations domain. Berger Paints signed them up for the Marketing role.
Engineering and Electronics multinational Bosch, IT/ITES companies like Pramati Technologies, Neudesic, MAQ Software and Click Labs offered roles in General Management, Management Analyst, Business Development, Strategy and Digital Marketing domains.
The season also witnessed participation from companies from high-growth sectors like Market Research, Hospitality, Infrastructure, Luxury goods & e-Commerce.
