Why recruit at IIPM?
IIPM has truly emerged as a leading management institute with its excellent academic curriculum. IIPM strives to be a part of the enormous growth in the field of Management Education and has churned out some of its best managers to India Inc. continuously over the last 37 years of its existence. Three and a half decades of academic excellence, delivering skilled talent force to the industry are some of the credentials that can be attributed to IIPM.
IIPM Placements Ranked one of the Best in the Country
Highest placements amongst all Institutes in India! - 15000 students Placed in last 5 Years
IIPM has had the highest no. of Placements in India for three consecutive years, 2008-2010. It has had the unique distinction of having placed more than 99% of its students over the last ten years and more. The placement figures for the year 2008- 2650, 2009- 2700, 2010- 2850, 2011- 2790 and the current batch has already 3100 students placed and the batch is still being offered opportunities.
Each year, more than 1100 companies come to campus to make presentations and to interview students. For the same purpose, IIPM has offices in 18 cities of India, USA, London, & Singapore. All the Middle Eastern countries are managed from India. For the last four consecutive years IIPM has had the highest number of International Placements in India apart from the highest placements amongst all Institutes in India. Last year too saw a record of more than 700 companies visiting the IIPM campus for placements (see ALUMNI & PLACEMENTS page for further details). All the eligible students who required placements got placed from the campus itself. It has been observed that more than 70% of each class usually accepts offers from companies that recruit on campus. Many students use IIPM resources to conduct networked job searches, targeting smaller companies, entrepreneurial ventures, and not-for-profit organisations.
The Institute’s Strategic Management Group (SMG) assists eligible students in securing suitable jobs/trimester projects. For this purpose, the office keeps effective contacts with firms all over India, as well as globally maintaining and performing liaison work between possible employers and the Institute’s students. Students must, however, note that the Institute is a place for serious academic pursuit and not an agency to provide employment. No fee is charged for the service and no binding obligation to find a job/trimester project for any student is accepted by the Institute. Attractive stipends/scholarships are paid to students during trimester projects. Depending on the recruitment policy of organisations, students are usually absorbed as Junior Executives in appropriate pay scales with allowances if their performance is found satisfactory during the period of trimester projects.
To be eligible for Trimester Project/Placement Service of the Institute, a student has to satisfy the following criteria:
(a) he/she has to secure an average of 50% marks; (b) he/she has to obtain 55% marks in oral as well as in written executive communication; (c) he/she has to pass 90% of the papers examined; (d) he/she has to clear all fees due to the Institute; (e) he/she has to attend 80% of all classes. Students failing to qualify for placement service/trimester projects or unsuccessful in obtaining trimester projects have to write project feasibility reports based on library research, market research and surveys.
Job & Career Opportunity
IIPM students complete the programme at a relatively younger age (21/23). After about 5/4 years’ experience as Executives, their gross salary compares well with students of the same age (26/27) coming out of other national Institutes, which select mostly engineering graduates, many of them having 2/3 years’ previous work experience. Students opting to become entrepreneurs afterwards are entitled to consultancy service of the Institute at a nominal cost throughout their active life.
No particular career path is typical for IIPM graduates, who can be found in every field, business function, and geographical location. IIPM alumni currently would be found in various Fortune 500 companies, as well as in organisations of all sizes. In addition, a large percentage of IIPM graduates describe themselves as self employed within 10 to 15 years of graduation, trying to create an impact through their own entrepreneurial ventures. IIPM alumni clubs are spread all over India, actively involved in various rural development and social upliftment programmes. IIPM’s Career Management offices in New York, London, Dubai and Singapore and across India work closely with corporations across the globe to identify opportunities for students.
The Strategic Management Group - Career Cell at IIPM confirmed more than 1000 companies participating for placements last year. They included ABN Amro, HSBC, Standard Chartered, ICICI Bank, Citibank, HDFC Bank, ING Vysya, Max New York Life, Kotak Mahindra, India Bulls, ICICI Prudential, Met Life, TATA AIG, American Express, Citifinancials, GE Money, Asian Paints, Coca Cola, Berger Paints, Oracle, HP, Hutch, GE Consumer Finance, Yahoo, Essar Group, Crisil, Times Money, Bharat Shell, Skoda, GroupM, HCL Infinet, Schneider Electric, Evalueserve.com, i Gate, Reuters, Shopper’s Stop, Bata, Fortis, Hindustan Levers, Deloitte Consulting, Primus Telecom, Oswal Group, NEC... and many many many more! Insurance, Finance, Banking, Services, IT, FMCG, Consumer Durables, Oil, Infrastructure, Consulting... every sector was well represented across all IIPM centres.