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First batch of IIM-Rohtak bags highest salary of 28.5L

Last updated on: March 13, 2012 12:55 IST
IIM-Rohtak batch of 2012

HSBC and Tata group were among the top companies who hired the first batch of IIM-Rohtak graduates.

The Indian Institute of Management (IIM), Rohtak which became operational in 2010, concluded its final placement process for its first ever graduating batch last week.

In the rolling process, a total of 58 offers (including six lateral and five pre-placement offers) were made by 27 companies to a batch of 47 students.

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28 percent students took jobs in the finance sector

Last updated on: March 13, 2012 12:55 IST
Table 1: Distribution of roles across sectors, Table 2: Role distribution in Finance sector

The institute provided a function wise drilldown for its 2012 batch.

Finance

28 per cent of the total batch are taking up jobs in the finance function.

The major companies who came to campus include HSBC, HDFC, Yes Bank, Max New York Life Insurance, RBI and Tata Power among others.

While HSBC offered Investment Banking and Equity Research profiles, Yes bank offered a corporate banking profile.

In addition, the Reserve Bank of India offered roles in Central Banking with Max New York Life Insurance offering Investment Analyst roles.

32 percent chose Marketing profiles

Last updated on: March 13, 2012 12:55 IST
Distribution of placement for Marketing roles

Marketing profiles were taken up by 32 percent of the participants.

Business development profiles were offered by Pfizer and Tata Motors while Titan and Berger Paints offered retail marketing roles.

In addition, Tata Steel offered B2B sales roles to students.

Other companies that came on campus included Mother Dairy.

23 percent opted for operations and general management roles

Last updated on: March 13, 2012 12:55 IST
Table: Average salary by function

Consulting and IT

17 per cent students received offers in IT and consulting functions.

Cognizant as well as Ernst & Young were among the top recruiters in this functions.

Cognizant recruited students as Business Analysts while Ernst & Young offered Business advisory Profiles.

Operations and General Management

The final 23 per cent of the batch opted to take up roles in the operations and general management functions.

Operations Manager, Regional Head in Strategy Department as well as Senior Manager in the international division were some of the profiles offered in these functions.


Sector-wise break-up of IIM-Rohtak placement 2012

Last updated on: March 13, 2012 12:55 IST
Sector-wise breakup of IIM-Rohtak placement 2012
The institute further provided a sector wise break down of 2012 batch jobs

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