Paonta Sahib, Mar 2018: IIM Sirmaur announces the completion of its summer placements. The summer placement report has been released on the institute’s website at http://www.iimsirmaur.ac.in. IIM Sirmaur has now achieved consecutive 100% summer placements since its inception.
This year saw an increase of over 80% in first time recruiters, with prominent companies like Reliance Industries Limited, DCM Shriram Consolidated Limited and IPL (DNA Networks) being the largest recruiters. Students have bagged internship opportunities within various industries across multiple domains this summer. Manufacturing, entertainment and education were three of the major domains within which the most offers were made. The most number of roles were offered in operations, supply chain management, sales and marketing and finance. Students also bagged generous stipends for their summer placements, with the highest being INR 1 lac.
According to Professor Neelu Rohmetra, Director IIM Sirmaur, “the fact that we are still at a stage of infancy has not held us back in achieving significant progress in all spheres of our activity. We attracted bright and highly motivated students from diverse backgrounds and qualifications, selected through a rigorous admission process, and thus they are just apt for industry absorption” She added: “our grooming aligns with building professional character and conscientious leadership”.
For a newer IIM just about to convocate its second batch next month, IIM Sirmaur has created an international footprint for two consecutive years with multiple final placements in Dubai and Nigeria this year. It has been confirmed that so far the highest annual pay package offered is INR 53 lacs by the Tolaram Group. This is a substantial increase from the previous year’s highest annual salary offer of INR 23.3 lacs. This year’s median package has already surpassed last year’s average CTC of INR 8.98 lacs per annum. IIM Sirmaur has consistently positioned itself as an institution that matches local innovation with global aspirations, and its final placement record reflects this.