Two months after graduating, five PGPX students are still to secure jobs.
Placements for the PGPX program take place over an extended period of time from December to March and according to a statement released by the institute, aThe five students still remaining to be placed have niche skills and are looking for well-targeted positions.a The institute is continuing to provide support to these students and has invited interested companies to contact the IIM-A placement office.
The average annual domestic salary secured by students was Rs 20.16 lakhs and this is a reduction of 25 percent from last yearas figure of Rs 26.81 lakhs. Two students secured international job offers as compared to seven overseas placements recorded last season. The average international salary dropped from USD 145,000 to USD 122,000.
A total of 70 students participated in placements with four students launching exciting entrepreneurial ventures in a variety of fields such as clean energy, manufacturing, and services. Three PGPX students decided to not participate in campus recruitments.
First-time recruiters at the campus included Alcatel Lucent, Amazon, Eli Lilly, eInfochips, Emergent Ventures, Hero Honda, Marg Infrastructure, NMCE, Siemens Information Systems, Sundaram BNP and VBHDC. Companies which continued their association with the institute included Adani, IBM, McKinsey, Mastek, NISG, Polaris, PRTM, RPG. IBM made the highest number of offers.
Students have joined reputed firms in senior roles such as GM, VP, AVP, and Functional Heads. Several growing SMEas have recruited PGPX graduates for executive roles of CEO, COO, Head of IT and VP positions in sales, operations and strategy.
The IT/ITES and telecommunications sectors contributed to 29 percent and eleven percent of the job offers respectively. 20 percent of PGPX students took up offers in the management consulting sector and seven percent of the students took up finance job offers. Operations and energy contributed to 24 percent of the job offers and the remaining offers were distributed between the infrastructure, health care and other sectors.
Companies offered diverse functional roles with 29 percent of students accepting general management job offers and 24 percent of graduates taking up consulting roles. Sales and business development was also a popular choice with 22 percent of students opting for such roles. Operations and strategy contributed to eleven percent and seven percent of the offers respectively. Two percent of students took up HR roles while the remaining five percent opted for project management profiles.