IRMA has completed final placements for the 40th batch (2019-21) of its Post Graduate Diploma in Management – Rural Management (PGDM RM). 105 organizations participated in the placement process making more than 330 offers. The highest package offered was INR 19 LPA, and the lowest package was INR 5.4 LPA, across organizations ranging from not-for-profit to for-profit. The median package was INR 10.35 lacs per annum. A diverse set of recruiters participated in the campus placement process which included dairy cooperatives, banks, NBFCs, agribusinesses, NGOs and public sector organizations.
Out of 215 students in the batch, 27 secured Pre-placement Offers (PPO) based on the work done in internships and live projects. One of the PPOs was an international offer with Mahyco International in the APAC region.
An important highlight of placements this year has been the active participation of several start-ups. While a majority of the positions were in sales and marketing functions, this year also saw organizations recruiting students for mainstream finance, supply chain and procurement roles as well.
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A total of 28 students took up offers made by NGOs, Government and Development agencies and CSR foundations. Organizations including Vedanta CSR, NTPC CSR, Brooke India, Foundation for Development of Rural Value Chains (FDRVC), BAIF Development Research Foundation, BRLPS – JEEVIKA, Panchayati Raj-Govt. of Telangana, and Access Livelihoods Consulting (ALC) were other prominent recruiters.
- Average salary offered: 10.76 LPA
- Highest salary offered: 19 LPA
- Median salary offered: 10.23 LPA
- Lowest salary offered: 5.4 LPA
- Average salary for Corporate Sector 11.17 LPA
- Average salary Development Sector 8.43 LPA
Agribusiness corporations including ITC Agribusiness Division, Dabur India, Godrej Agrovet, Coromandel International, Adani Wilmar, Cargill, among others, participated in the placements. Recruiters from the retail sector included More Retail and Reliance Retail. From the domain of Consulting, Grant Thornton Bharat LLP, CMS, and Technopak Advisors were the prominent recruiters. From the AgTech domain, Reliance Jio, Grow Indigo, DeHaat, Intello Labs, among others, participated.
From the Banking, Financial Services and Insurance (BFSI) domain, ICICI Bank, IDFC First Bank, Axis Bank, Fullerton, Vivriti Capital, Northern Arc Capital, Navadhan Capital, Caspian Impact Investments, SBI General Insurance, IFFCO Tokio General Insurance, Arth Rural, along with small finance banks like Utkarsh SFB, ESAF SFB, participated.