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MHRD asks Placement Details from New IIMs

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After Graduation

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Topic starter 08/05/2017 8:45 am

This is a discussion on AfterGraduation new article "MHRD Asks New IIMs About Their Placement Details".

Newer IIMs have been struggling to attract companies to recruit students even as placement season was fairly smooth in the older institutes. Alarmed by poor placements at the new Indian Institutes of Management (IIMs), the Ministry of Human Resource Development (MHRD) has asked them to submit placement details about recruitment and salaries for the 2015-2017 batches.

Newer Indian Institutes of Management (IIMs) are experiencing a cold placement season this year. These IIMs had started placements earlier but either several recruiters are withdrawing offers, offering low package or not shown up in the final show of placements.

IIM Amritsar, which was established just two years ago, said all its students have got jobs while IIM Rohtak has not been able to place 14 students, while IIM Sirmaur in Himachal Pradesh did not provide information. The average salary in these IIMs stands at Rs 11 lakh per annum; lower than the older and established IIMs where the average salary is in the range of Rs 24 lakh to Rs 50 lakh.

Link to Full Article on AfterGraduation

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