Institute of Management, NIRMA University (IMNU) – Placement Report of Current Batch (Phase – I)

The first phase of placements at Institute of Management, Nirma University (IMNU) has ended and the Institute has seen companies from various sectors including IT, FMCG and BFSI to name a few including Kotak Mahindra Bank and Infosys.

The second phase is likely to start soon and go on till February 2019. The total number of offers in the first phase has raised from 180 to 220 out of 250 people in the batch from last year to this year. The number of companies that have visited the campus has also increased to 50 from 45 in the last year. The second phase of placements will start soon and will continue till February, 2019.

There has been a considerable increase in the average package which has increased from INR 8.5 lakhs p.a. last year to INR 8.7 lakhs p.a. this year. The median salary has also swelled from INR 8.5 lakhs p.a. to INR 9 lakhs p.a. this year.

Talking about the offers sector-wise, this year majority of the offers were from Information technology and Banking, Financial Services and Insurance sector, jointly forming 60 percent of the total offers in the first phase. Students have also received offers from other sectors like E-commerce, Pharmaceuticals, Analytics, FMCG, Automobiles, Telecom and many more.

Some of the major recruiters included Adani Port, AMUL, Axis Bank, Bharti Airtel, EXL Service, Federal Bank, HDFC Life, Heidelberg Cement, ICICI Bank, ICICI Prudential Life Insurance, Infosys, Johnson Controls, Hitachi, Kotak Mahindra Bank, KPMG, Novartis SBI Life, Searce, Shopclues, TCS-BPS, Wipro, and Zomato, among others.

Students were offered various different profiles like Analyst, Senior Analyst, Business Analyst, Financial Analyst, Credit Analyst, Associate Consultant, Risk Consultant, Digital Marketing Analyst, B2B Sales, Product Manager, Manager – Customer Service & Brand Development, Sales Manager, Process Manager, Relationship Manager, Assistant Store Manager Assistant Manager – Quality Assurance / Marketing, TSN – Key Accounts, and Finance Controller.

One of the major reasons for this remarkable increase is the excellent performance of the students of the Institute in their summer internships. The PPOs offered this year were 14 compared to 8 in last year. The total number of PPOs is expected to be much higher in the second phase.

The summer placement process is also at full swing and many reputed companies have visited this year. These companies include Royal Enfield, Hindustan Unilever Limited, Amul, Pantaloons, and IFB Appliances. The highest stipend till now is INR 75 thousand per month offered by Royal Enfield and the average stipend is INR 12500 per month.