IRMA PGDM Placements: 431 offers; highest annual salary is Rs 26.5 lakh

NEW DELHI: As many as 251 students of PGDM (postgraduate diploma in management) in Rural Management programme at the Institute of Rural Management Anand (IRMA) participated in the placements for the 2020-22 batch of the flagship programme. The placement saw around 431 offers.

The highest annual salary package offered to students is Rs 26.5 lakh per annum which is 39.47% greater than the last year’s highest offer. A total of 19 pre-placement offers were made to the students.

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The median salary package this time is Rs 15 lakh which is 48.51% more than last year whereas the average salary package is Rs 14.33 lakh which is 34.67% higher than previous year.

Mean package offered to the PGDM students this year is as follows:

• Mean package for Top 10 percentile of the batch - Rs 20.05 Lakh
• Mean package for Top 25 percentile of the batch- Rs 17.67 Lakh
• Mean package for Top 50 percentile of the batch- Rs 16.701 Lakh
• Mean package for Fresh Graduates - Rs 14.34 Lakh
• Mean package for Graduates with Work Experience - Rs 14.31 Lakh

Some of the top recruiters this year were Flipkart, ICICI Bank, Axis Bank, Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board, Cred Avenue, Crompton Greaves, Godrej Agrovet Ltd., ITC Ltd., Grant Thornton LLP, Licious, Tata Steel, Vedanta CSR, Yes Bank, Samunnati Financial Intermediation & Services Pvt. Ltd., IDFC First Bank, Dhwani Rural Information Systems, Adani Wilmar Ltd., Future Group, Dharampal Satyapal Group, Jio Platforms Ltd., DCM Shriram, Metro Cash n Carry, More Retail, Reliance Retail, Verghese Kurien Policy Lab at IRMA, etc.

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Dairy cooperatives, banks, NBFCs, agribusinesses, consulting, and development sector organizations participated in the placement process. The roles offered to the students range from sales and marketing, product development, product management, supply chain functions, international trade, strategy, project management etc. Product related roles were offered in both finance as well as non-finance domains, said an official statement.

According to the National Institutional Ranking Framework (NIRF), Ministry of Education, in the year 2019-20, around 234 students graduated from IRMA and 226 were placed with a median salary of the graduates as Rs 10,45,000.