IIM Visakhapatnam- Interim Final Placement Report 2016-2017
IIM Visakhapatnam is glad to announce that 80% of the class of 2017 has been placed across companies, sectors and industries, before their convocation. With 46 eligible students from the first graduating batch participating in the final placements process, IIM Visakhapatnam received an early positive response from recruiters with 4 students securing pre-placement offers from Directi, KPMG, Sutherland Global, and Technology Frontiers based on their high performance in their summer internships. Another 31 students accepted offers in the final placement process, one student will join the FPM program at IIM Ahmedabad this year and one offer is held in abeyance. IIMV has already emerged as a sought-after source in the country for good managerial talent.
The highlight of the final placements, according to the Career Development Services Office, IIMV, was the participation of multiple departments of the Government of Andhra Pradesh which recruited 10 students of IIMV for prestigious consultant designation roles. The 25 accepted offers from 15 companies were from HSBC (3), ICICI Lombard (3), Sutherland Global Services (3), 4tiGo (2), Amul (2), Directi (2), GMR (2), Decimal Point (1), HDFC Life (1), KPMG (1), RAXA-GMR (1), Sasken Technologies(1), Stat Decision Labs (1), Tarnea Technology Solutions (1) and Technology Frontiers (1). Companies recruited across many industry verticals and offered roles in the areas of consulting, financial research, analytics, marketing, strategy, business development, banking, etc. The top quartile of offers accepted (top 11) averaged Rs.14.57 lakhs while the next quartile of offers accepted (next 11) averaged Rs.11.16 lakhs. The average salary of the 35 accepted offers is Rs.11.59 lakhs while the median of the 35 accepted offers is Rs.10.92 lakhs.