Despite the impact of Covid-19 and the market slowdown this year, the Indian Institute of Management (IIM) -Visakhapatnam, the only IIM in Andhra Pradesh has maintained its legacy by achieving 100 per cent placements for the batch of 2019-21 for its flagship Post Graduate Programme (PGP). The entire placement process was conducted in virtual mode. Held on a rolling basis, the placement season witnessed more than 100 companies participating in the process and making multiple offers with 72 new recruiters offering roles across various domains, including Consulting, BFSI, Strategy, Sales and Marketing, HR, IT and Analytics.
With 39 percent, IT/ITES continued to bet big on new talent, followed by BFSI (12 percent). The other sectors were Manufacturing (11 percent), FinTech (4 percent), Consulting (4 percent), EdTech (4 percent), Logistic Services (4 percent), FMCG (3 percent), E-commerce (2 percent), Luxury (1 percent) and Digital Media (1 percent).
Amazon, Amul, Anand Rathi, AU Bank, BlueStar, Byju’s, Deloitte, ESAF Bank, Foxconn, Franklin Templeton, HCL, ICICI Lombard, ICICI Prudential, Inmobi, KPMG, MuSigma, MTR, NCR Corporation, SBI GI, TA Digital, TATA AIA, TATA Power, Tech Mahindra, TVS Motors, YES Bank, Zetwerk – counted among the who’s who of the corporate world, were the prime recruiters.
Expressing his happiness at the outcome, IIM (V) director Prof M Chandrasekhar attributed the encore in 100 percent placements to the high-quality learning outcomes facilitated by the largest cohort of faculty among new generation IIMs and a combination of ability, agility, aptitude and aspirational attitude of the students who quickly adapted themselves to the online mode of classes and leveraged it gainfully to excel academically, evolve emotionally and emerge successfully.
IIM (V) Career Development Services (CDS) chairperson Prof Saroj K Pani expressed his gratitude to all the recruiters who reposed their faith on the students of IIMV despite the challenges created by the ongoing Covid situation. He expressed happiness for the fact that both the number of recruiting companies as well as the quantity and quality of job offers have seen a significant uptick.