IRMA placements for the 37th batch of its two-year flagship program in rural management (PG Diploma in Rural Management or PRM) were held on February 12-17, 2018. Maintaining its 100 percent placements' record since its inception in 1979, the current batch of 180 students were placed in three days' time. The average salary offered by the private sector crossed the Re. 12 lakh mark. It stands at Rs. 12.17 lakh per annum (against Rs. 10.57 lakh last year) and that for the development sector organizations (NGOs, Cooperatives, and Government Development Agencies) at Rs. 9.42 lakh (as against Rs. 9.37 lakh last year). The combined average salary for the current batch stands at Rs. 11.39 lakh per annum (against Rs. 10.22 lakh last year), while the median stands at Rs. 10 lakh per annum (against Rs. 8.40 lakh last year). A substantial improvement in the median salary over last year's figure is quite encouraging. The maximum salary for the batch stands at Rs. 46.50 lakh. The lowest salary, Rs. 3.5 lakh, was offered by a grassroots NGO to one of the graduates who consciously chose to follow his dream of making a difference in the lives of people.
This year's placements experienced a substantial increase in the number of overall job offers compared to the last year. As an indication of the increased engagement of business as well as development sector organizations with the rural space, IRMA 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 emerged as s the single largest recruiter this year as it did 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 like Tolaram, Afriventures, Cummins, Cargill, ITC, Zuari, Mars International, ADM, Godrej Agro, Kancor, Mapro, and so on participated during the placements. KPMG recruited in consulting positions. Banking, finance, and insurance companies recruited the highest number of graduates. ICICI bank, IndusInd, IDFC bank, Fullerton, Tata AIG, Bharati AXA, Reliance, and several other organizations recruited from the campus placements.
A total of 16 students took up offers made by government development agencies and NGOs. 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, and URMUL Trust recruited through the campus placements.
Prof. Pratik Modi coordinated the placements activities this year.
|Compensation Summary (CTC Per Annum)
|Mean salary (business organizations)
|Mean salary (development sector organizations)
|Mean overall (business + development sector)
Top 10% (17 students) - Average salary - 24.77 LPA
Top 20% (34 students) - Average Salary - 19.56 LPA
Top 30% (51 students) - Average Salary - 17.27 LPA