‘Highest number of students recruited in IT/ITES sector’

Raipur, May 23: Indian Institute of Management (IIM) Raipur takes immense pride in announcing the completion of Final Placements for PGP 2019-21 class. Considering the black swan event, the entire world is going through, the institution was able to successfully overcome the challenges imposed due to the virtual medium and push forward its legacy during these testing times. The participating batch of 245 students witnessed over 140+ recruiters taking part in the campus recruitment process. The students were offered various coveted roles in the areas of Finance, Sales and Marketing, Strategy & Consulting, Operations, General Management, and HR.
The average salary package for the class was Rs.15.11 Lakh per Annum (LPA) exhibits strong faith by previous as well as the new recruiters in the students of IIM Raipur even in these challenging times. The median salary of Rs. 14.8 LPA indicates a very well distributed and stable recruiting across students and sectors. The highest domestic placement package offered to the class is Rs. 30 LPA, the average placement package for the top 25% is at Rs. 20.61 LPA – another significant achievement reinforcing the growth of IIM Raipur’s reputation. For last five years IIM Raipur has been steadily improving its placement records and able to diversify the recruiting base to all sectors of the economy. The offers are well spread out across sectors with Consulting, Banking Financial Service & Insurance Sector (BFSI), Manufacturing, IT/ITES, Analytics, Education, Advertising and Healthcare accounting for most of the offers.
Some of the sector-wise key statistics are follow. Highest number of students were recruited in IT/ITES sector with average salary and maximum salary of Rs 14.5 LPA and Rs 28.8 LPA, respectively. BFSI was the second highest recruiting sector with Rs 16.49 LPA average. Strategy and consulting were the third largest recruiter with Rs 18.43 LPA and Rs 19.6 LPA as average and maximum compensation. Retaining the recruiters from prominent sectors, marquee names from other sectors such as Sales and Marketing offered an average compensation of Rs. 13.81 LPA and a highest of Rs. 30 LPA standing as the largest recruiting cluster. Analytics & consulting, operations, and financial management came next with average offers of Rs. 17.16 LPA, Rs. 14.83 LPA and Rs. 18.69 LPA, respectively. Students were also offered General management roles with Rs 12.71 LPA.

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