Summer Placements at IMT Ghaziabad and all that changed post pandemic?

By
Indrajeet Singh
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0
4675

IMT Ghaziabad Summer Placement Report Comparison

IMT Ghaziabad has always had an excellent placement record and has performed consistently in this area. Unlike every year, the academic year 2020-21 was an unusual year, with the Covid 19 pandemic sweeping the whole world like a storm where each industry is mobilizing resources to combat it. The whole placement process was held virtually.

Batch Profile

  • The gender split is 83% male and 17% female.
  • The educational background split is 66% engineering, 21% commerce, 6% science, 6% arts and 1% others.
  • The work experience split is 8% having work experience of more than 3 years, 28% having 2-3 years experience, 24% have 1-2 years experience, 50% having 0-1 year experience (includes freshers).

  • 354 students took Marketing specialization followed by 122 for Finance.

Sector Wise Offers

  • The most offers (30%) are from the BFSI sector followed by FMCG/ FMCD (15%) and Mfg. & Engineering (14%).

  • Last year, the most offers were from BFSI (20%) followed by FMCG/ FMCD (15%) and Consulting (13%).
  • There is a 10% increase in the number of offers from the BFSI sector which is the highest.
  • Prominent sectors like E-commerce, Consulting, Automobile witnessed a significant decrease in a sector-wise split.

Stipend Details

Stipend Offered 2020-22 Batch 2019-21 Batch
Highest Stipend 3,00,000 3,00,000
Average Stipend 60,000 1,25,027
  • The median stipend offered is INR 40,000.
  • The average stipend decreased by 52% due to the pandemic.

Conclusion

IMT offers a diversity of profiles to recruiters which is always an important reason for the stellar summer placement performance. However, this year due to the pandemic, there was a drastic impact on placement season with the average stipend decreasing by more than 50%. Also, this year couldn’t result in 100% placements which is evident from the fact that the number of recruiters who visited the campus was lesser in number.

References

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