The Hindu Business Line : Bureaucrats, agro-managers too get a share of the placement pie

Ahmedabad, March 11 It is not only the students of the post-graduate programme (PGP)-general who would be counting their millions, even the bureaucrats and agro-managers attending other courses at the IIM-A have emerged smiling after what the placement process has offered many of them this year.

They had a rich and diverse background with substantial work experience of 8-24 years when they joined the one-year PGP in Public Management Policy (PGP-PMP) launched last year.

Mid-career managers

These mid-career managers, sponsored or self-financed, came from financial services, infrastructure development, energy, telecom services, defence, government and development, even NGOs and public and private sector organisations.

Of the 33 batch-mates, nine are returning to their parent organisations while 24 opted for campus placement.

The students included those from the central services such as the IAS, IPS, IES, Indian Engineering Services etc.

Leading organisations such as PricewaterhouseCoopers, Ernst & Young, McKinsey, GMR, Reliance ADAG, DLF, IL&FS, Raheja, RPG, ICICI Foundation, SBI Caps, ICICI Lombard, and even the World Bank, participated in the process that is still continuing, Prof S.K. Barua, Director, IIM-A, told reporters here today.

Till date, the batch has received 38 confirmed offers with the compensation package ranging from Rs 15-40 lakh per annum with an average of Rs 24 lakh per annum.

They are being recruited in senior positions in diverse sectors.

Similarly, in the final placement for two-year PGP-AGM (Agri-Business Management) Programme, a total of 63 offers were made by 30 companies to the batch of 31 students.

The average compensation package offered increased from Rs 10 lakh last year to Rs 12.30 lakh this year.

lateral placement

The average lateral placement figure, too, climbed by 40 per cent to Rs 14.30 lakh. “On an average, every candidate had an opportunity of choosing from two offers.”

As in the case of generalists, PGP-AGM students also favoured consultancy (28 per cent ), followed by marketing (21 per cent ) and finance (17 per cent ). Retail operations and roles in supply-chain in retail and other industries attracted 17 per cent and 13 per cent of the students, respectively.

Many of these students dropped offers from renowned companies to join lesser known companies in order to get exciting job profiles and bigger responsibilities.

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