1 in 7 IIM Trichy graduates fail to get placed
Trichy: For a long time, the conventional belief was that getting into any of the Indian Institutes of Management guaranteed a job with a fancy salary. But to get placed itself may not be a certainty, let alone landing a handsome package.
At IIM-Trichy, roughly one in seven students from the 2023-25 batch have not secured placements, while 27% of the batch secured jobs with packages exceeding ₹20 lakh.
As soon as the official placement report was released this year, TOI had reported that not all got placed. Now, an RTI response sought by an activist, the accuracy of which was confirmed by TOI from officials at the institution, revealed that as many as 59 out of 384 students from the 2023-25 batch did not receive placements.
Officials attribute this 'steep decline' in placements to external factors. "Unlike other programmes, the success here is market-driven, and there seems to be a downturn in the job market this year," a senior IIM-T official said.
While the highest CTC has gradually increased over the years, this is the first time in many years that such a high number of students were not placed. The institution has typically maintained strong placement records, except for the 2020–2022 batch when 34 students were left unplaced.
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That figure has now nearly doubled in five years.
A few students among the 59 have found alternate routes by securing jobs on their own, albeit with lower compensation. "I expected to get a placement through the institute that would help me pay off my debt quickly. But with no placement, I had to find a job myself. The package I received is not even 30% of the lowest salary offered through campus placements at IIM. It's going to be much harder to clear my loan," a student who remained unplaced told TOI.
Officials across B-schools said that a saturated job market is contributing to the placement shortfall. "This is a phenomenon across campuses, and opportunities are shrinking. There is ongoing uncertainty in the global market. Recruiters are being conservative in their manpower planning, and the number of recruitments per recruiter has come down," a professor from BIMS told TOI.
At BIMS, out of the 120 students in the 2023–25 batch, 19 have not been placed. "But the window is still open. We will ensure that they get placed within this month," Dr. Asit K. Barma, Director of BIMS, told TOI. He added that the market is evolving, and recruiters are increasingly looking for technology-oriented specializations such as HR analytics, sustainable marketing, robotic process automation, and green finance, rather than simply valuing the tag of a prestigious institution.
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