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Despite tough job market, IIM-Trichy students get 320 offers; Rs 43 lakh highest pay package
Despite tough job market, IIM-Trichy students get 320 offers; Rs 43 lakh highest pay package

New Indian Express

time11-05-2025

  • Business
  • New Indian Express

Despite tough job market, IIM-Trichy students get 320 offers; Rs 43 lakh highest pay package

TIRUCHY: The placement season that just concluded for the 2025 batch of the Indian Institute of Management – Tiruchirappalli (IIM-Trichy) saw higher annual salary packages and strong industry participation, even as the competitive job market left some PG students still seeking suitable roles. The highest salary offered was Rs 43.94 lakh for Post-Graduate Programme in Management (PGPM) students and Rs 33.12 lakh for Post-Graduate Programme in Management – Human Resources (PGPM-HR). The average salaries stood at Rs 19.27 lakh and Rs 17.84 lakh, respectively, according to an official release. Top recruiters included McKinsey & Company, JP Morgan Chase & Co, Accenture, Godrej, and Shell. Public sector entities like GAIL, CPCL and VOC Port also extended offers. This year 408 students were eligible for placements, including 355 from the PGPM and 53 from PGPM-HR. The institute secured around 320 offers through both final placements and pre-placement offers. Director of IIM-Trichy, Dr Pawan Kumar Singh, said, 'This season reflected our students' determination, resilience, and readiness to meet industry expectations.'

IIM-T wraps up placement, but not everyone lands a job
IIM-T wraps up placement, but not everyone lands a job

Time of India

time10-05-2025

  • Business
  • Time of India

IIM-T wraps up placement, but not everyone lands a job

Trichy: The summer and final placement drives at IIM Trichy concluded with participation from over 150 companies and a total of 320 job offers extended across programmes. While the institute hailed the season a success, a section of students expressed concern over being left the Post-Graduate Programme in Management (PGPM), 290 students received job offers, while 30 offers went to PGPM-HR candidates. However, some PGPM students claim they're still awaiting placements."About 30–33 of us haven't received offers yet," said a PGPM student. "Most of us have taken loans of ₹20–30 lakh to study here. It's stressful not to be placed." Another graduate added, "We understand the market is competitive, but studying at a premier institute should offer some assurance of a job." He noted that the institute continues to support them informally, even after the official placement period to institute data, 355 students graduated from the PGPM programme, 53 from PGPM-HR, and 46 from PGPBM. Responding to the concerns, college officials said only a few students remained unplaced—mainly those who opted out voluntarily or were over-qualified due to prior work highlighted a 53% increase in the highest summer internship stipend in the MPHL (Manufacturing, Pharma, Hospitality, and Logistics) sector, reaching ₹3.5 lakh for PGPM and ₹2 lakh for PGPM-HR. They also reported a 150% rise in MPHL sector engagement during final placements and a 23% increase in pre-placement offers (PPOs).The highest cost-to-company (CTC) package offered this season was ₹43.94 lakh for PGPM and ₹33.12 lakh for PGPM-HR, with average CTCs at ₹19.27 lakh and ₹17.84 lakh respectively."This placement season highlighted our students' resilience and performance," said institute director Dr Pawan Kumar Singh. "Their success reflects the rigorous training they've undergone."A PGPM finance graduate now working as a Program Associate at Wells Fargo in Hyderabad said the experience was rewarding. "My salary is above the average ₹19 lakh. The university and placement process prepared me well," he recruiters included Accenture, IBM, Maruti Suzuki, Godrej, McKinsey & Company, JP Morgan Chase & Co, and the Reserve Bank of SnapshotJob offers in 2024: 329Job offers in 2025: 320Companies participated: 150+Highest Summer Stipend (2025):PGPM: ₹3.5 lakhPGPM-HR: ₹2 lakh

IIM-T scores high with summer, final placements
IIM-T scores high with summer, final placements

The Hindu

time09-05-2025

  • Business
  • The Hindu

IIM-T scores high with summer, final placements

The summer and final placement drive at Indian Institute of Management-Tiruchi (IIM-T) received good response this year. According to an official press release, over 150 companies offered 290 positions to Post Graduate Programme in Management (PGPM) students and 30 to PGPM-Human Resources candidates during summer placement. This year's drive recorded a 53% increase in the highest stipend offered in the manufacturing, pharma, hospitality, and logistics (MPHL) sector. Highest stipends reached ₹3.5 lakh for PGPM and ₹2 lakh for PGPM-HR students in the summer placements. Persons with disability secured coveted positions in esteemed companies through a collaborative initiative with Atypical Advantage during the summer recruitments. In the final placement drive, there was a notable 150% increase in engagement from MPHL companies, and a 23% rise in pre-placement offers. The highest Cost to Company (salary package) offered was ₹43.94 lakh for PGPM, and ₹33.12 lakh for PGPM-HR students. Prominent recruiters from the sectors of Information Technology and analytics, operations, sales, and marketing, consulting, strategy and media, and finance participated in the placement drive. Sources said new age sectors such as sustainable tech, digital wellness, and personalised healthcare showed strong interest. Public sector organisations such as Gas Authority of India Ltd., Chennai Petroleum Corporation Ltd., V.O. Chidambaranar Port Authority and Indian Renewable Energy Development Agency were among the recruiters. 'This placement season spotlighted our students' remarkable determination and outstanding performance. The institute remains steadfast in its commitment to nurturing future leaders and fostering symbiotic relationships with the global business fraternity,' said IIM-T director Pawan Kumar Singh.

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