IIM Nagpur successfully completed the summer placements process for the fourth batch of its flagship post graduate programme in management. With the batch intake doubled to above 110 students this year, IIM N once again achieved 100% placement by the second week of January, informs a press release issued by the institute.
This year, more than forty recruiters from various sectors like FMCG, consumer durables, oil & gas, e-commerce, fintech, aerospace and aviation, consulting, BFSI, logistics, media & broadcasting and real estate participated in the venture. This year too, a number of first time recruiters participated in the event making double digit offers to the students. Several organizations have recruited the students for their premier internship programme.
The list of prominent recruiters includes OLX, Berger Paints, V-Guard, Century Real Estate Holdings, Mapro, Amul, Yes Bank, HPCL, BPCL, SIDBI, Pladis Global, Tata Aerospace & Defence Ltd, Blue Star, Sutherland Global, Value Labs and Jio Studios. V-Guard, OLX, Early Salary and Mapro made the highest number of offers for the batch.
FMCG and consumer goods emerged as the most sought-after sector, followed by fintech and e-commerce with more than forty per cent of the batch opting for summer internship in these industries. The current year also had participation from the IT and government sector with more than 17 per cent of the batch opting for profiles in these sectors. Marketing and operations were the most sought-after profiles by the students. Apart from these, several roles were also offered in strategy, finance, and analytics.
The highest stipend offered this year was Rs 2.50 lakh. The average stipend offered was Rs 54,751. The average and the median stipend for the top quartile were Rs 1.13 lakh and Rs 1.10 lakh respectively.
The institute has introduced entrepreneurship specialisation in its post graduate programme and as a part of this initiative, the institute is supporting one of its students to work with a startup in lieu of summer internship.