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ONLINE MDPS AND FDPS

II. ONLINE FDP ON HANDLING PARTIAL LEAST SQUARES -STRUCTURAL EQUATION
MODELING (PLS-SEM)

Indian Institute of Management Visakhapatnam conducted a 4-day Online Faculty
Development Programme on Handling Partial Least Squares - Structural Equation
Modeling (PLS-SEM), from 19 April to 22 April. SEM models are so general that they
encompass most of the statistical methods that are currently used in the social and
behavioral sciences. SEM allows a researcher to test complex models with multiple
pathways, model latent variables with multiple indicators, investigate mediation
and moderation in a systematic way and adjust for measurement error in predictor
variables.

Prof. Amit Shankar was the Program Director for this Online FDP and this workshop, where 113 participants
actively took part, aimed to provide them a descriptive theoretical and practical knowledge to SEM, modera-
tion and mediation. smart PLS3 and R (plspm package) were used to learn all the statistical techniques,
which was the uniqueness of the workshop.

PLACEMENTS

100% FINAL PLACEMENTS, YET AGAIN!

IIM Visakhapatnam completed the final placements for the batch of 2019-21 for its flagship Post Graduate
Program (PGP). Despite the impact of COVID-19 and the market slow down this year, recruiters reposed
continued faith in the Institute. The entire process was conducted in virtual mode. The Institute has the pride
of maintaining its legacy of 100% placements on the strength of the unwavering support of our esteemed
recruiters and the e orts of our students.

Held on a rolling basis, the placement season witnessed more than 100 companies’ participating in the
process and making multiple o ers with 73 new recruiters o ering roles across various domains, including
Consulting, BFSI, Strategy, Sales & Marke ng, HR, IT & Analytics.

With the highest salary at Rs.20.82 LPA, the average salary for the top 10% at Rs.18.86 LPA, top quartile at
Rs.17.23 LPA, the top half at Rs.15.10 LPA and the overall average salary at 12.62 LPA. There has been an
overwhelming increase in the number of recruiters willing to partner with the Institute, an indication of its
rapid strides over the five years since inception, that continued in 2020-21, notwithstanding the challenges
posed by the pandemic.

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