Latest news with #IIMs
Mint
21 hours ago
- Business
- Mint
IIMs see surge in pre-placement job offers despite sluggish market. Startups, nonprofits join the hiring race.
India's leading business schools are seeing a sharp rise in pre-placement offers this year despite a sluggish job market. Students across Indian Institutes of Management in Ahmedabad, Bengaluru, Kolkata, Lucknow, Indore and Kozhikode who completed their summer internships in April-May are reporting strong hiring interest from recruiters. A pre-placement offer (PPO) is a job offer typically extended by a company to a student interning with it even before the formal campus placement process begins. While consulting and finance firms continue to dominate pre-placement offers, recruiters from sectors such as renewable energy, edtech, political consulting, think tanks, and nonprofits are also showing significant interest, according to placement teams at the older IIMs. 'Last year, we had about 80-90 PPOs by this time. But this year, we already have over a hundred PPOs, and more continue to come in as companies respond one by one," said a placement coordinator from one of the IIMs, who didn't want to be named. Not only are the offers higher in volume, but companies are paying 5-10% more than last year, said the coordinator. Though the median stipend for summer internships at all IIMs last year is not available, for IIM-Indore, it was ₹1.3 lakh per month and for IIM-Kozhikode it was ₹2.5 lakh, according to their placement reports. The summer internships process begins around September-October, when recruiters visit the IIMs to pick candidates for internships in April and May the following year. After the internships, companies offer PPOs to select students, while the remaining students proceed to sit for the final placements. Depending on the IIM, the dates of final placements vary. The older ones start their placement season in February while the newer ones start a couple of months earlier. In a sluggish job market marked by uncertainty, recruiters seem eager to close offers quickly, aware that anxious students are more likely to accept early offers. 'We observed that companies are increasingly seeking opportunities to recruit students post their internship," said Roopak Kumar Gupta, chairperson of IIM-Kozhikode's placement office—Corporate Access, Readiness and Engagement (Care) Office. 'Summer internship gives them an opportunity to test the skill of the students on live projects. We are optimistic about this in the coming season." Influx of recruiters IIMs, where the batch strength for their flagship MBA programme can go up to 600 students, are using various strategies to help students get internships and better pre-placement and final placement offers. 'While the influx of startups, think tanks, NGOs (non-government organisations) is leading to a diverse spectrum of job opportunities, consulting firms continue to hold an upper hand due to their higher compensation packages," said another placement coordinator at one of the older IIMs. 'We are anticipating slightly better PPO offerings compared to last year." IIM-Kozhikode banked on a mix of both older recruiters and new firms to secure internships for its students. At IIM-Indore, consulting remained the largest recruiter cluster, with nearly 35% of the latest batch securing internships in this sector. 'Sales and marketing also witnessed a significant surge in compensation (for internships), attracting interest from international recruiters," a spokesperson for IIM-Indore said in response toMint'squeries. 'The finance sector remained strong as well, with several high-paying roles offered across investment banking, corporate finance, and private equity." IIM-Indore expects a rise in PPOs this year. 'This (internship) season witnessed a notable rise in participation from the renewable energy sector, with companies like TruAlt, ReNew, and Waaree marking their debut," the spokesperson said. 'Educational startups such as Boatload Minds and Hippocampus also joined the roster. Additionally, there has been an emerging interest from political consulting firms, with Showtime Consulting being one of the notable new entrants." At ReNew, which offered summer internships at older IIMs, the roles spanned international business development, sustainability and CSR (corporate social responsibility), ESG (environmental, social, and governance), policy affairs, finance, and human resources. 'We are providing roles that are both high-impact as well as high-paying, which fit their criterion well," said Vaishali Nigam Sinha, co-founder and chairperson of sustainability, ReNew. The top recruiters Top recruiters at IIM-Indore for internships included Boston Consulting Group (BCG), L.E.K. Consulting, and the Big Four firms—EY, Deloitte, PwC and KPMG. 'EY India hires from IIMs both for summer internships and final placements, an association we are immensely proud of and have nurtured over many years," said Arti Dua, partner at EY. 'Our recruitment focus is sharply aligned with EY-Parthenon (EYP) for strategy and transformation roles spanning multiple dynamic sectors, as we find IIM students bring a rare combination of strategic acumen, entrepreneurial mindset, and advanced problem-solving skills—attributes that perfectly match our high-impact, fast-paced environment," Dua said. 'Roles offered typically span across business transformation, market-entry strategy, operating model design, and digital-first consulting mandates." KPMG's internships focus on the consulting business, where interns work with teams to support C-suite clients on high-impact projects. 'We actively extend pre-placement offers to top-performing interns. The exact number is performance-based, but our aim is to maximise PPO conversion by identifying high-potential talent aligned with our long-term vision," a KPMG spokesperson said in an email reply to Mint. 'PPOs to our high-performing summer interns continues to be a core proposition…," said Saurabh Chhajer, managing director and partner, BCG. However, the final picture is still evolving. With some top consulting firms yet to confirm their PPO decisions, placement teams remain cautious. '"The consulting firms are yet to revert, so we are relying more on the growing opportunities coming in from the FMCG (fast-moving consumer goods) and the BFSI (banking, financial services, and insurance) sectors," said Rajeev Verma, the placements chairperson at IIM-Ranchi. 'We believe if we do not hear from the traditional recruiters, the PPOs may remain stagnant at what they were last year." Verma added that artificial intelligence and machine learning operations and sustainability studies had become fundamental skills that recruiters expect candidates to have. 'The institutes are increasingly organizing focused industry discussions on these themes to better prepare students for the evolving job market," he said. As the final placement season approaches, B-schools are hoping this early hiring and optimism momentum holds. Ria Dalal contributed to this story
The Print
a day ago
- Politics
- The Print
Khandu unveils transformative initiatives to mark Arunachal's 50 years of statehood
The initiatives, which form part of the state's Golden Jubilee vision, are designed to leave a lasting impact on the lives of citizens across all sections of society. In a message shared on social media, Khandu highlighted a series of landmark projects and schemes that reflect the state government's focus on education, healthcare, women's empowerment, rural electrification, and youth development. Itanagar, Jul 28 (PTI) Chief Minister Pema Khandu on Monday unveiled a comprehensive set of development initiatives to commemorate 50 years of Arunachal Pradesh's statehood, describing the occasion as 'not just a celebration, but commitment in action'. Among the major announcements is the establishment of 50 Golden Jubilee Model Schools with a total investment of Rs 500 crore, aimed at transforming education at the grassroots. Alongside infrastructure development, the government has also introduced the Golden Jubilee Merit Award, which will provide financial assistance of Rs 2 lakh to students securing admission into top-tier institutions such as IITs, IIMs, AIIMS, and national law universities (NLUs). Further promoting inclusive development, Khandu announced the launch of the Golden Jubilee Daughters scheme, under which every girl child born in the state and fully immunised will receive Rs 50,000. 'It's a step towards dignity, health and empowerment,' Khandu said in a post on X, emphasising the importance of supporting girls from birth through proactive state intervention. Rural and border area development also featured prominently in the Golden Jubilee roadmap, with Khandu announcing that 50 micro-hydel projects will be set up under the Golden Jubilee Border Village Illumination initiative. These projects are expected to bring sustainable electricity to remote border villages, thereby improving the quality of life and boosting local livelihoods. 'We are lighting up lives and livelihoods,' Khandu said. To strengthen healthcare infrastructure, the chief minister also revealed that 60 Primary and Community Health Centres (PHCs and CHCs) across the state will be upgraded under the Golden Jubilee Health Mission, enhancing medical access in far-flung and underserved areas. 'As we mark 50 glorious years of Arunachal's statehood, we're not just celebrating a milestone, we are building the future,' Khandu said, adding that these initiatives reflect our commitment to creating a more inclusive, empowered, and self-reliant Arunachal. The initiatives underscore the state government's long-term vision of development and inclusivity, ensuring that the celebrations go beyond ceremonial events and translate into tangible progress on the ground. PTI UPL UPL RG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
2 days ago
- Business
- Business Standard
CAT 2025 notification out: Know exam dates, steps to apply and more
The Common Admission Test (CAT) 2025 notification has been announced. Interested applicants in pursuing an MBA from IIMs and other premiere business schools in India can apply on the CAT official website at from August 1, 2025. The exam will be held in exam centres spread across around 170 cities nationwide. Applicants have to choose any five exam cities seeing their preference. The complete list of cities may be subject to modifications based on the discretion of the CAT officials. Admission to MBA programs at IIMs and other prestigious B-schools in India requires passing the entrance exam. According to the announcement, CAT 2025 will take place online at several locations across the country on November 30. CAT 2025: Important dates 1. Commencement of Registration and time: August 1, 2025, at 10 am 2. End of registration date and time: September 13, 2025, at 5 pm 3. Date of downloading an admit card: November 5 to November 30, 2025 4. Commencement of exams: November 30, 2025 5. Result date: First week of January, 2026 (tentative). CAT 2025 Information in Brief Event Date(s) Time CAT of Registration August 1, 2025 10:00 AM End of CAT Registration September 13, 2025 5:00 PM CAT Admit Card Download Window November 5 – November 30, 2025 - CAT of Exams Date November 30, 2025 - Result Declaration (Tentative) First Week of January, 2026 - How to apply for IIM CAT 2025? Step 1: Go to the official website of IIM CAT at Step 2: Press on the 'New Registration' link and then fill in the valid email ID and other details. Step 3: Enter the details in the CAT 2025 application form with required right information. Step 4: Upload the essential documents, make the payment and then send. Step 5: Download the confirmation page and take a printout of the same for later reference. IIM CAT 2025: Documents required • Class 10 and 12 mark sheets • Graduation mark sheet • Signature • Work experience certificate (if applicable) • Photo identification • Passport-size photograph • Category certificates such as SC/ST/PwD certificates (if important). CAT 2025 registration dates and fee details 1. General category candidates: Rs. 2,600 2. SC, ST, and PwD categories: Rs. 1,300 The fee can be paid online using credit or debit cards, UPI, and net banking. Payment must be submitted during the application process in order to register for the exam. CAT 2025: Eligibility criteria A bachelor's degree from an recognised university with at least 50% (45% for SC/ST/PwD) is required of applicants for CAT 2025. Undergraduate students in their final year may also apply. The official CAT website has a complete list of eligibility requirements. What is CAT? The Indian Institutes of Management (IIMs) administer the Common Admission Test (CAT), a national entrance test, to candidates for admission to their postgraduate management programs, which include the Master of Business Administration. With scores accepted by the IIMs and other major business schools throughout the nation, it is regarded as the most prestigious MBA entrance exam in India. According to information, 21 IIMs, including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, and IIM Kozhikode, accept CAT 2025 scores. Additionally, recent IIMs that accept CAT results include IIM Bodh Gaya, IIM Jammu, and IIM Visakhapatnam.
Scroll.in
2 days ago
- General
- Scroll.in
CAT 2025 notification released; check details here
The registrations for the Common Admission Test (CAT 2025) will commence on August 1, 2025, reports The Times of India. Eligible candidates can apply for the exam till September 13, 2025. The exam will be conducted on November 30, and admit cards will be released on November 5, 2025. CAT 2025 results are expected to be declared in the first week of January 2025. CAT is a prerequisite for admission to various Postgraduate and Fellow/Doctorate programmes of IIMs. Listed non-IIM member institutions can use CAT 2025 scores. Steps to apply for IIM CAT 2025
Mint
2 days ago
- Business
- Mint
CAT 2025 notification OUT: Dates, website, application fees, eligibility criteria, IIM colleges and more
CAT 2025 notification OUT: The Indian Institute of Management, Kozhikode on Sunday released the notification for CAT 2025 exam on the official website. All the MBA aspirants can now register for the Common Admission Test (CAT) 2025 through the official website starting from 1 August 2025. The CAT exam 2025 marks the beginning of the admission process for MBA programs across 21 IIMs and other top B-schools in India. The registration for CAT 2025 will begin on 1 August and would continue till 13 September. The application fees for CAT 2025 registration has been set at ₹ 3,000 for General, OBC, and EWS candidates. While SC, ST, and PwD candidates will now need to pay ₹ 1,300. The CAT 2025 is scheduled to take place on 30 November in three shifts as a computer-based test. For the test, the admit card will be available for download from 5-30 November 2025. The results are expected to be declared in the first week of January 2026. Step 1. Visit the official website: Step 2. Register with a valid email and mobile number Step 3. Fill in all details -- personal, academic, and work experience Step 4. Upload all required documents (photo, signature, category certificate if applicable) Step 5. Pay the application fee online Step 6. Submit and download the confirmation page As per details, the CAT 2025 scores are accepted by 21 IIMs, including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode. Also, new IIMs like IIM Bodh Gaya, IIM Jammu, and IIM Visakhapatnam also accept CAT scores. For CAT 2025 exam, General, OBC, and EWS candidates must have a Bachelor's degree with at least 50% marks (or equivalent CGPA). For SC, ST, and PwD candidates, the minimum required marks are 45%. Apart from this, final-year students can also apply, but they will have to meet the eligibility criteria upon graduation.
