Placement 2018

IRMA Campus Placements Report 2018

Institute of Rural Management Anand (IRMA) placements were held during February 12-17, 2018. Maintaining the 100% placements record since its inception in 1979, the current batch of 180 students were placed in three days time. Our average salary offered by the private sector crossed 12 lakhs mark. It stands at 12.17 lakhs per annum (against 10.57 lakhs last year) and that for the development sector organizations (NGOs, Cooperatives, and Government Development Agencies) stands at 9.42 lakhs per annum (against 9.37 lakhs last year). The combined average salary for the current batch stands at Rs. 11.39 lakhs per annum (against 10.22 lakhs last year), and the median stands at Rs. 10 lakhs per annum (against 8.40 lakhs last year). A substantial improvement in the median salary over the last year figure is quite encouraging for us. The maximum salary for the batch stands at Rs. 46.50 lakhs and the minimum salary consciously chosen by our student stands at 3.50 lakhs. Prof. Pratik Modi coordinated the placements activities this year.

This year’s placements experienced a substantial increase in the number of overall job offers received compared to the last year. As an indication of the increased engagement of business as well as development sector organizations with rural, we received 315 job offers from 114 recruiters for the batch. This year 18 students received Pre-Placement Offers (PPOs) from various organizations. The Gujarat Co-operative Milk Marketing Federation is the single largest recruiter this year, as it was the last year. It recruited 16 candidates from IRMA. Cooperatives/Producers Collectives as a sector recruited a total of 30 candidates. Multinational and national agribusiness corporations such as Tolaram, Afriventures, Cummins, Cargill, ITC, Zuari, Mars International, ADM, Godrej Agro, Kancor, Mapro, etc., participated in the placements. KPMG recruited in consulting positions. Banking, finance, and insurance companies recruited the most number of graduates. ICICI bank, IndusInd, IDFC bank, Fullerton, Tata AIG, Bharati AXA, Reliance Insurance, and several other organizations recruited from the campus placements.  

A total of 16 students took up offers made by NGOs and development agencies. Organizations such as BAIF Development Research Foundation, Bihar Rural Livelihoods Promotion Society – JEEVIKA, Kudumbashree, Livolink Foundation (An Associate Organization of Tata Trust), Madhya Pradesh Shyama Prasad Mukherji - RURBAN Mission, Madhya Pradesh State Rural Livelihood Mission (MPSRLM), National Dairy Development Board (NDDB), Swaniti Initiative, URMUL Trust, etc., recruited through the campus placements.

Placement 2018 Summary

Batch Summary  2017 2018
Number of students in the graduating batch 179 180
Number of students who opted out of placement: 2 5
Number of students who were sponsored by current employer 2 2
Number of students who left the program 2 1
Number of students who could not meet the academic requirements 4 1
Number of students placed through pre-placement job offers mode (PPOs): 21 18
Number of students placed through the in-campus placements mode 169 153
Total placements 100% 100%

 

  2017 2018
Compensation Summary (CTC Per Annum)  (in INR)  (in INR)
Max 46,50,000 46,50,000
Mean salary (business organizations) 10,57,000 12,17,000
Mean salary (development sector organizations) 9,37,000 9,42,000
Mean overall (business + development sector) 10,22,000 11,39,000
Median 8,40,000 10,00,000
Minimum salary 4,50,000 3,50,000

 

Organization/Jobs Summary  2017 2018
Number of organizations that announced Jobs 92 114
Number of Vacancies announced 220 315
Number of organizations that participated in process 52 60
Number of organizations that participated for the first time 10 26

   List of Recruiters - 2018

Placements PRM 37 (2016-18)
No. SECTORWISE LIST OF ORGANIZATIONS No. of Students Placed
A Agribusiness & Rural Marketing 40
1 ADM Agro Industries 2
2 Afriventures FZE (Kewalram ) 5
3 Cargill 5
4 DCM Shriram Ltd. 2
5 Godrej Agrovet Limited 4
6 ITC Limited Agri Business Division 3
7 Kancor Ingredients Limited 2
8 Mapro Foods 3
9 Mother Dairy Fruit & Vegetable (P) Ltd 2
10 Omniactive Health Technologies 2
11 Pidilite Industries Ltd (Rurban-Retail /Rural business) 4
12 Supermarket Grocery Supplied Pvt. Ltd. (BigBasket.com) 2
13 Tasty Bites 2
14 Tolaram Group Nigeria 1
15 Zuari Agro Chemicals 1
B BFSI (Banking, Financial Services and Insurance) 62
16 BhartiAxa General Insurance 3
17 Chaitanya Rural Intermediation Development Services Pvt Ltd 1
18 Fullerton India Credit Limited 4
19 ICICI Bank 3
20 ICICI Lombard General Insurance Company 7
21 IDFC Bank 2
22 Indusind Bank Limited 4
23 Kaleidofin Private Limited 1
24 MuthootFincorp 1
25 Pahal Financial services PvtLtd 1
26 Reliance General Insurance Company Ltd 10
27 Samasta Microfinance Ltd 4
28 Satin Creditcare Network Ltd 3
29 SpandanaSphoorty Financial Limited 2
30 Tata AIG 6
31 The Federal Bank Ltd 2
32 Ujjivan Small Finance Bank 2
33 Vedika Credit Capital Ltd 6
C Collectives & Co-Operatives 30
34 Chattisgrah State Coop. Dairy Federation Ltd. 5
35 Gujarat Cooperative Milk Marketing Federation 16
36 Jharkhand State Co-operative Milk Producer`s Federation Ltd 2
37 Kaira District Co-operative Milk Producer`s Union Ltd ( AMUL) 3
38 The Punjab State Cooperative Milk Producer`s Federation Ltd 4
D CSR & Social Business 14
39 Basix 2
40 Cummins India Limited 1
41 Garv Toilets-Snapex Overseas 3
42 Greenlight Planet India Pvt Ltd 2
43 Rangsutra Crafts India 1
44 Vedanta CSR 5
E Govt and Non-Govt Development Organizations 16
45 BAIF Development Research Foundation 4
46 Bihar Rural Livelihoods Promotion Society - JEEVIKA 3
47 Kudumbashree 2
48 Livolink Foundation - An Associate Organisation of Tata Trust 1
49 Madhya Pradesh Shyama Prasad Mukherji - RURBAN Mission 1
50 Madhya Pradesh State Rural Livelihood Mission (MPSRLM) 1
51 National Dairy Development Board (NDDB) 2
52 Swaniti Initiative 1
53 URMUL Trust 1
F Technology & Consultancy 9
54 Catalyst Management Services 1
55 IWMI-Tata Water Policy Program 3
56 KPMG Gurgaon 2
57 Stellapps Technologies Private Limited 3
  Total 171
Institute of Rural Management, Post Box No. 60, Anand 388001, Gujarat, India
Contact: 02692-260391,260181 Fax: 02692-260188
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