A student of Indian Institute of Management-T (IIM-T) has been hired for Rs.23 lakh per annum, highest offer made by a company since the inception of the institute.
The average salary offered to the students of 2014-16 batch went up by 14.90 per cent over the placements in 2015.
Moreover, the institute has achieved 100 per cent placement with the offers made to all 102 participating students. The placement drive saw 22.1 percent increase in the highest CTC.
Increase in offers
The average pay package went up to Rs.13.01 lakh than Rs.11.32 lakh last year. BPCL, Capita, Cognizant Business Consulting, Dabur, Deloitte, Dr. Agarwal Healthcare, Frost & Sullivan, HCL, HDFC Life, ICICI Bank, ICICI Prudential, Idea Cellular, KPMG, Mahindra, Ramco, RBS, Saint Gobain, SAP, SBI, SBI Mutual Funds, SocieteGenerale, Sulekha, TAFE, TVS Motors, Vodafore and Yes Bank were among the participating companies.
Prafulla Agnihotri, Director, IIM-T, told The Hindu that the enriched experience and the skills acquired through intense curriculum had facilitated the students to bag coveted roles with high pay. The placement season touched new heights surpassing the industry expectations with the participation of 90 prominent companies.
This year had been exciting for placements with international offers and the increasing diversity of profiles offered.