IIM Ranchi Final Placements 2012: Yes Bank largest recruiter, 44% will join finance jobs
IIM Ranchi (Photo: Sudip Bhar)
The Indian Institute of Management (IIM), Ranchi completed its final placements for the batch graduating 2012 with the 43 students getting a total of 65 offers across 30 companies. Five students were made pre-placement offers by the companies where they had interned and six lateral offers were made across telecom, retail and consulting.
Yes Bank emerged as the largest recruiter with a total of six offers. Three offers were made for postings at international locations in the Middle East and Asia Pacific.
| Batch strength | 43 |
| Opt outs | 0 |
| Number of recruiters | 30 |
| Pre-placement offers made/accepted | 5/1 |
| Average domestic salary | Rs 12.97 lakh |
| Median domestic salary | Rs 12.3 lakh |
| Lowest accepted offer | Rs 8 lakh |
| Domain | Salary (Rs per annum) |
| Consulting and IT | 14.3 lakh |
| Finance | 14.3 lakh |
| General Management | 15 lakh |
| HR | 9 lakh |
| Marketing | 11.1 lakh |
| Operations | 11.33 lakh |
Finance
A boutique investment banking firm based out of Mumbai recruited offering M&A; roles. Roles offered in finance included investment banking, investment banking research, credit research, retail banking, corporate banking, mortgage services and economic research. Prominent recruiters were Citibank, HSBC, Ocwen Financial Services, ICICI Bank, YES Bank, HDFC Bank, ING Vysya Bank, Aranca, CARE Ratings, ICRA, UAE Exchange and Reserve Bank of India.
Marketing and Sales
Roles in this domain included B2B marketing, business development, sales, brand management, market research, etc. HT Media, Flipkart, Godrej & Boyce, Pfizer, Maruti, Tata Steel, United Spirits, Eveready Industries, Titan, Berger Paints and Cavinkare were some of the major companies recruiting for this function.
Consulting
Ernst & Young, Sonata Software, Polaris and Actuate Management Consulting recruited for consulting roles.
General Management
Apart from Jindal Steel & Power which recruited for its Lead Management Trainee programme, RPG Group and Jaipur Rugs also recruited for general roles.
IIM Ranchi provided the details of profiles offered by a few companies.
| Company | Profile |
| HSBC | Investment Banking Research |
| Citibank | Banking Operations/ Retail Banking |
| YES Bank / ICICI Bank | Corporate Banking |
| HT Media | Media marketing |
| Berger Paints | Corporate CRM |
| Godrej & Boyce | B2B Marketing/Sales |
| RPG Group | General Management |
| Titan | Supply Chain Management |
| Ernst & Young | Business Consulting |
| Eveready | Brand Management |