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Despite Covid challenges, IIM-Vizag achieves 100% final placements in virtual hiring – Times of India

VISAKHAPATNAM: Despite the Covid-19 affect and the next market slowdown this yr, the final placement season of the Indian Institute of Management-Visakhapatnam (IIM-V) has been accomplished with 100% placements for the fifth consecutive yr. The whole course of was performed in virtual mode because of the pandemic.

Held on a rolling foundation, the position season witnessed greater than 100 corporations collaborating in the method and making a number of provides with 72 new recruiters providing roles throughout varied domains, together with consulting, BFSI, technique, gross sales & advertising and marketing, HR, IT, and analytics.

Director, IIM-Visakhapatnam, Prof M Chandrasekhar attributed the institute’s achievement to the excessive-high quality studying outcomes facilitated by the biggest cohort of school among the many new era IIMs. Prof Chandrasekhar hailed the scholars for shortly adapting themselves to the net mode of lessons through the pandemic and leveraging it gainfully to excel academically, evolve emotionally, and emerge efficiently.

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“There has been an overwhelming increase in the number of recruiters willing to partner with the Institute. This institute has made rapid strides just within a few years since its inception and that continued in 2020-21, notwithstanding the challenges posed by the pandemic,” mentioned Prof Chandrasekhar.

Chairperson – Career Development Services & Alumni Relations, Prof Saroj Okay Pani, expressed his gratitude to all of the recruiters who’ve reposed their religion in the scholars of IIM-V regardless of the challenges created by the continued pandemic scenario. He thanked the coed Placement Committee members, school colleagues, CDS workplace, related employees, and all different stakeholders for this achievement throughout one of probably the most difficult occasions B-Schools have come throughout in the current previous.

Accounting for 39% of the entire placements, IT/ITES continued to guess massive on new expertise, adopted by BFSI (12%). The different sectors have been manufacturing (11%), fintech (4%), consulting (4%), edtech (4%), logistic companies (4%), FMCG (3%), e-commerce (2%), luxurious (1%) and digital media (1%).

Some of the distinguished recruiters embody Amazon, Amul, Anand Rathi, AU Bank, BlueStar, Byju’s, Deloitte, ESAF Bank, Foxconn, Franklin Templeton, HCL, ICICI Lombard, ICICI Prudential, Inmobi, KPMG, MuSigma, MTR, NCR Corporation, SBI GI, TA Digital, TATA AIA, TATA Power, Tech Mahindra, TVS Motors, YES Bank and Zetwerk.

An elated Placement Committee mentioned; “This year has been no ordinary year, with challenges being thrown at the students from all around. But the grit and perseverance shown by the batch helped us achieve this feat, and the increased number of recruiters bears testimony to this fact. We are very thankful to our recruiters for giving us exciting opportunities even in these turbulent times. We hope to establish long-term relations with our recruiters and hope that our student cohort in entirety will contribute its best to these esteemed organizations.”



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