The Indian Institute of Management (IIM), Trichy which became operational last year completed its very first summer placements season for the batch 2011-2013. A total of 85 offers were made by 42 companies, of which offers made by 40 organisations were accepted by the students. The rolling process came to an end on January 2, 2012. Out of a batch strength of 84 students, one chose to opt out and was independently trying to pursue a training project in the area of corporate sustainability, claimed the placement report.
With six offers, ING Vysya was the leading recruiter in terms of numbers, followed by IFMR (finance) and Redington (operations), who made five offers each.
Finance and marketing were the leading sectors in the summer placements scene, both hiring 36% each of the entire batch. Other top companies in terms of number of offers made were Berger Paints, Kotak Mahindra, Lumis Partners, each of whom made four offers. Cognizant Business Consulting, Yes Bank, Mahindra & Mahindra , XIndia Steels, Arvind Limited and IOCL were among the companies who made three offers each.
Sector-wise drilldown
FMCG: Hindustan Unilever (HUL), Procter & Gamble (P & G), Perfetti Van Melle, Amul and Berger Paints. This sector hired 12% of the total strength.
Pharma & Healthcare: Pfizer, Merck Sharp & Dome, mHealth Ventures took in approximately 4% of those who appeared for placements.
IT & ITes: ??About 14% of the students were absorbed in this particular domain. Companies under this category were Rediff.com, Wipro, IBM Research, VFS Global, Innopark and Redington.
BFSI: HSBC, Citibank, ING Vysya, ICICI, Yes Bank, Kotak Mahindra, Union Bank Of India, IFMR, NCDEX were the companies that fell under this category. As much as 29% were hired in this sector.
Consulting: Cognizant Business Consulting, Index Advisory, Impetus Consulting were the companies that engaged 6% of the students in this role.
Energy: Sterling & Wilson, IOCL hired 6% of the students.
Heavy Industries: Tata Chemicals, Tata Mechanics, XIndia Steels, L&T;, Natesan Synchrocones were the companies that made offers to 10% of the total number of students who appeared for placements.
Conglomerates: Mahindra & Mahindra and Murugappa Group were the two companies that hired 5% of the total students.
Private Equity: Lumis Partners, a private equity firm, hired 5% of the students.
Education: EduNirvana picked up one student and was the only company representing this sector.
Textiles: Arvind Mills was the one company that hired from this sector. It absorbed 4% of the students.
Infrastructure: Gammon India, IL & FS were the two companies that participated in the placement process. The two hired 5% of the total strength.
Function-wise drilldown
Finance: The finance sector absorbed 36% of the students. HSBC, ING Vysya, Citibank, Union Bank of India, Kotak Mahindra, ICICI, Yes Bank, Larson & Toubro, NCDEX, IFMR, IL&FS; were the firms that offered finance roles picked up people from the campus.
Sales & Marketing: This category also recruited 36% of the students, out of which FMCG giants Hindustan Unilever (HUL), Procter & Gamble International, Rediff.com, Innopark, Tata Metallics, Indian Oil Corporation Limited (IOCL), Perfetti Van Melle, Pfizer, Amul, Natesan Synchrocones, Berger Paints, Arvind Limited, Merck, Sharp & Dome, Edu Nirvana, mHealth Ventures were the companies that hired students from this sector.
Operations: Gammon India, Reddington, VFS Global, Sterling Wilson hired 12% of the total number of students in this particular profile.
Consulting & Strategy: The former sector employed 6% of the total number of students while the latter took in 5% of those who appeared for placements. Companies who hired for this particular role are Cognizant Business Consulting, Lumis Partners, Reddington, Gammon India, Impetus Consulting, Index Advisory, IBM Research, Wipro and Mahindra & Mahindra GMC.
Human Resource: Comprised 6% of the total strength of the batch. Companies that hired for this specific profile were Tata Chemicals, XIndia Steel, Innopark, & the Murugappa Group.
IIM Trichy Summer Placements 2011-13: Function-wise drill down
International Placements: There was one international offer for made by an FMCG company. This particular summer internship offer would be pursued in Singapore.