The average annual salary secured by students of the Post Graduate Diploma in Management (PGDM) program was Rs 7.3 lakhs, a drop of 28 percent from last seasonas figure of Rs 10.12 lakhs. The median domestic salary obtained by graduates was Rs 7.5 lakhs as compared to Rs 10.5 lakhs secured by the previous year students. The highest domestic salary at Rs 16 lakhs was nearly at par with last seasonas figure of Rs 16.5 lakhs.
The number of job offers available to students reduced significantly with companies making 118 offers as compared to 248 offers in 2008 placements. 54 companies recruited from the institute in this yearas recruitments as compared to 62 firms in last yearas placements.
The sector-wise allocation of placements was dominated by the finance sector with the sector contributing to 32 percent of the total jobs. Marketing and systems contributed to 23 percent and 18 percent of the jobs respectively. HR (8 percent), consulting (7 percent), general management (7 percent) and operations (5 percent) made up the rest of the job offers. Students received 33 Pre Placement Offers (PPOs) and Pre Placement Interviews (PPIs) from companies.
30 companies participated in recruitments for the PGDM (Rural Management) program and the average salary offered to students was Rs. 4.46 lakhs. The median salary was Rs. 4.5 lakhs while the highest salary offered was Rs. 8 lakhs, The sector-wise distribution of placements was led by the micro-finance sector and five PPOs were made to students.
Some of the prominent recruiters were Monsanto, deVGen, A Little World, MicroSave, Godrej, Tata Group HR, Coca Cola, Cognizant Technologies, Deloitte Consulting, Ernst and Young, Hewlett Packard, TCS, Societe Generale, Axis Bank, SBI, SBI Caps, Tata Steel, IMRB, Cavin Kare, Bank of Baroda, IDBI Bank, SEBI, Indian Oil Corporation, Genpact, Vodafone, Idea, Tata Teleservices, ICI Paints, HSBC Global and Kalinga Soft.