This post is not being written with a vengeance on any one but it will help the aspirants make a better decision. Please spare your valuable 5 minutes to read this post.
Analysis of the placement report of IIM Rohtak:
The analysis is for the audited placement report of Final Placement 2017-18, because the report for 2018-19 is just ‘submitted for audit’ but not actually audited plus it doesn’t really have any noteworthy data except a page of graphics which don’t really convey anything.
One important observation before going into the analysis, Rohtak says 142 students are placed from the institute, data of 136 students is given but this table only contains 132. The other 4 are the international offers.
Lowest Package: 5.29 LPA (Yes you saw it right, 5 lakh rupees in the consulting domain for a student hired from IIM)
Though the college might portray that the max package is 30 lakhs, the next highest is 14.9 lakhs. The minimum packages of various domains like Telcom, Pharma, Manufacturing is barely 6-7 lakhs.
For a college that tells they are CFA certified every chance they get, it is disappointing to see 20 students’ places under 9.75 lakh and a minimum package of 6.5 lakh in BFSI domain
There are many students placed under 7 lakhs. This screenshot is the Maximum Earning Potential which means it includes fixed, variable and all other components, so in hand salary is even lower. There are people with 4 LPA fixed component (check the fixed component in the report in consulting domain). I have never heard any IIM where student gets 4 lakh after two years.
The link for this placement report : http://www.iimrohtak.ac.in/pdf/CRISIL%20Audited%20Final%20Placement%20report%202017-18.pdf
Other observations about IIM Rohtak:
1) Initially they charged 20k just for letting people know the waitlist number which by the way they did not reveal yet.
2) The unusual weightage given to gender; I get that it’s your policy on how to set the criteria but the management should know that its not sitting well with the aspirants.
3) Registration made mandatory on June 2nd if you have converted Rohtak and have to pay a total of 4 lakh rupees nonrefundable. This questions the motive of the institute, maybe they are scared no one will join if they have the registration at a later date like any other decent institute.
4) The process is not transparent at all and answer to every question to adcom is IIM Rohtak doesn’t have to follow AICTE norms and then they say no one is forcing you to join.
Message to Adcom:
You are right, no one is forcing me to join. To hell with Rohtak, I am out of here. I don’t even care about the 20k anymore. I am done.