IIMV achieves 100 % summer placement
The Indian Institute of Management Visakhapatnam (IIMV) celebrates the completion of the Summer Placements Drive for the MBA 2023 batch by getting the highest amount of Rs 3.5 lakh for two-month internship and an average stipend across the batch for Rs 57,700.
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Visakhapatnam: The Indian Institute of Management Visakhapatnam (IIMV) celebrates the completion of the Summer Placements Drive for the MBA 2023 batch by getting the highest amount of Rs 3.5 lakh for two-month internship and an average stipend across the batch for Rs 57,700.
The results uphold the legacy of IIMV of consistently delivering 100 per cent placements with the students achieving the milestone even in the face of pandemic challenges. The Career Development Services (CDS) Office said it is announcing with immense pride the results for the summer internship.
IIMV witnessed enthusiastic participation by new and existing recruiters spread across industries and domains. Held on a rolling basis, the summer placement season witnessed more than 60 companies participating in the process and making multiple offers.
IT/ITES continued to bet big on fresh talent accounting for 27 per cent of the total offers made, followed by BFSI (22 per cent), Consulting (12 per cent), Manufacturing (10 per cent), EdTech (10 per cent), E-Commerce (5 per cent) and other sectors like FinTech and FMCG.
Prominent recruiters that reposed confidence in the Institute's talent include Microsoft, KPMG, YES Bank, ICICI Bank, Bosch, DE Shaw, Cognizant, ThermoFisher, ICICI Lombard, Mahindra Logistics, Latent View Analytics, Dalmia Bharat, TVS Credit, ArcelorMittal Nippon Steel, HPCL and NSDC. Director, IIM-Visakhapatnam Prof M Chandrasekhar said: "Overcoming challenges is a way of life at IIMV. With students combining their competence and confidence with resilience and resoluteness, success is always a given, despite the constraints posed by the pandemic."
