IIM Trichy Summer Placements: Rs. 2.5 lakh per month is the highest stipend offered
Tiruchirappalli: The summer placements of the Indian Institute of Management (IIM) Trichy just concluded for the 2016-2018 PGP batch. There is a 56% increase in the monthly stipend offered this year to last year.
For internships the average monthly stipend offered stood at Rs. 53,030 and highest monthly salary offered is Rs. 2.5 lakh. An increase by 4 percent in the average stipend was seen this year. IIM Trichy released the summer placement record on Thursday for the academic year 2016-17 which places 159 candidates in a variety of roles. Over 70 companies participated in the summper placement process at IIM Trichy this year.
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Jobs were offered in a variety of roles across different fields such as Sales & Marketing, Finance, General Management, Consulting, Strategy, Operations & HR. The major recruiters that participated in the recruitment drive were Microsoft, Dabur, World Bank, Mahindra, Accenture, Cognizant, Deloitte and Yes Bank. Different sectors were covered as well in the visiting companies that spanned across BFSI, Consulting, Manufacturing, IT & services, FMCG, Retail, E-commerce, Supply Chain & Infrastructure.
Chairperson-placements and external relations at IIM Trichy, Abhishek Totawar, after the conclusion of the summer placement recruitment drive said, "Despite a 67% increase in the batch size, this year witnessed an even better performance over the last year with every student getting a paid internship with better roles and stipends."
IIM Trichy Director, Prafulla Agnihotri said, "The result of summer placements with a 56% increase in the highest domestic stipend and once again the whole batch getting placed in professional companies all over India proves the quality of academic processes at IIM Trichy. I heartily congratulate the students of the first year as well as my colleagues in the placement team."