Page 11 - iimv-news-letter-finaljan-apr22

PLACEMENTS

Final Placements - MBA 2022-22

The Institute is happy to notify that with the risks of the pandemic decreasing significantly and businesses
bouncing back to high-growth track, there has been an upward revision in the compensation packages
offered to our students in their final placements, which were completed by December 31, 2021.

The highest package now stands at Rs.31.60 lakh recording a huge 51.78% growth over the last year. The
median and average packages have also witnessed a significant hike to 15.46 lakh and 15.06 lakh,
registering a rise of 28.83% and 19.33%, respectively over the previous season.Needless to mention,
records across all metrics have been broken by the graduating batch, proving that its talent witnessed

even better recognition, with the pandemic no longer being a constraint for the industry.
Final Placement Highlights

Batch of 2020-22

Average Salary of Average Salary of Average Salary of
Students Placed Highest Salary Median Salary Average Salary Top 10% Top Quartile Top Half
100% 31.69 LPA 15.46 LPA 16.09 LPA
20.67 LPA 19.39 LPA 17.82 LPA
Domain Wise Placement Sector - Wise Company
Others Others
HR 5% E- Commerce 5%
5% 5%
product Management Consulting
5% EdTech/Education
31.7%
Analytics 6%
5% IT/ITES
Consulting 35%
8%
General Management
10.9%
Manufacturing
13%
Marketing & Sales
10.9% Strategy
10.9% BFSI
Finance 13%
10.9%

Summer Placements - MBA 2021-23

The Indian Institute of Management Visakhapatnam celebrates the completion of the Summer Placements

Drive for the MBA 2023 batch. The results uphold the legacy of IIMV of consistently delivering 100%
placements, with the students achieving the milestone even in the face of pandemic challenges. The
Career Development Services (CDS) Office takes immense pride in announcing the results with the highest
stipend witnessing a staggering 75% increase over the last year at INR 3,50,000 for the two-month
internship, and an average stipend across the batch of INR 57,700.

IIMV witnessed enthusiastic participation by new and existing recruiters spread across industries and
domains. Held on a rolling basis, the summer placement season witnessed more than 60 companies
participating in the process and making multiple offers. IT/ITES continued to bet big on fresh talent
accounting for 27% of the total offers made, followed by BFSI (22%), Consulting (12%), Manufacturing

(10%), EdTech (10%), E-Commerce (5%) and other sectors like FinTech and FMCG.
Prominent recruiters that reposed confidence in the Institute’s talent include Microsoft, KPMG, YES Bank,

ICICI Bank, Bosch, D.E. Shaw, Cognizant, ThermoFisher, ICICI Lombard, Mahindra Logistics, Latent View
Analytics, Dalmia Bharat, TVS Credit, ArcelorMittal Nippon Steel, HPCL, HSL and NSDC.

9 VOL. / ISSUE /JAN APRIL