IIM Raipur Placements: The placements that an institute offers are the most important factor for any MBA aspirant before choosing their B-school. We have seen the college info, courses, fees, and alumni of IIM Raipur. But, what is the return on investment? Let's get the answers to our placement-related doubts in this blog!
IIM Raipur placed 100% of its batch this year. The top sectors for the Class of 2023 were Banking Financial Services and Insurance (32%), IT /ITES (23%), Strategy and Consulting (14%), FMCG (12%) and Manufacturing (12%) and Miscellaneous (7%). Salaries trended upward in 2023, with the average base salary increasing 19% to Rs. 21.04 LPA and the median base salary rising 18% to Rs. 20 LPA. The batch accepted 107 offers.
Key Highlights | |
Batch Size | 255 |
Registered for Placements | 249 |
Placed through campus | 249 |
Number of Offers | 287 |
Companies participated | 107 |
New Recruiters | 32 |
Highest International Package | INR 67.60 LPA |
Highest Domestic Package | INR 43.43 LPA |
Average Top 10% | INR 34.64 LPA |
Average Top 25% | INR 28.25 LPA |
Average of Top 50% | INR 24.77 LPA |
Class Average | INR 21.04 LPA |
Median | INR 20 LPA |
Highlight | Manufacturing | BSFI | FMCG/FMCD | IT/ITES | Strategy & Consulting | Miscellaneous |
% | 12 | 32 | 12 | 23 | 14 | 7 |
Average Package | INR 22.39 LPA | INR 21.04 LPA | INR 21.78 LPA | INR 20.61 LPA | INR 19.64 LPA | INR 21.51 LPA |
Highest package | INR 62 LPA | INR 32.50 LPA | INR 67.60 LPA | INR 43.43 LPA | INR 32.21 LPA | INR 32.65 LPA |
The BSFI sector contributed to 32% of the placements at IIM Raipur this year. The highest package offered in this sector was INR 21.04 LPA while the average package was INR 32.50 LPA. The top recruiters included Aditya Birla Capital, Angel One, Bank of America, Franklin Templeton, HSBC, Invesco, Standard Chartered, TATA AIA Life, Unity Small Finance Bank, and Wells Fargo.
The FMCG and FMCD sectors contributed to 12% of the placements at IIM Raipur this year. The highest package offered in this sector was INR 67.60 LPA while the average package was INR 21.78 LPA. The top recruiters included ABInBev, Asian Paints, Carlsberg, Diageo, GSK, Piramal, Reliance Retail, Trent, Tolaram.
The IT and ITES sector contributed to 23% of the placements at IIM Raipur this year. The highest package offered in this sector was INR 43.43 LPA while the average package was INR 20.61 LPA. The top recruiters included Accenture, Cisco, EXL, Genpact, and Virtusa.
The Manufacturing sector contributed to 12% of the placements at IIM Raipur this year. The highest package offered in this sector was INR 62 LPA while the average package was INR 22.39 LPA. The top recruiters included Mahindra, Tata Steel, TVS, Vedanta, and L&T.;
12% of the placements at IIM Raipur were occupied by miscellaneous sectors this year. The highest package offered in this sector was INR 32.65 LPA while the average package was INR 21.51 LPA. The top recruiters included Adani, Amazon, DHL, Narayana Health, Trafigura, and Thomson Reuters.
14% of the placements at IIM Raipur were occupied by strategy and consulting this year. The highest package offered in this sector was INR 32.21 LPA while the average package was INR 19.64 LPA. The top recruiters included Accenture Strategy, Deloitte, Grant Thornton, Indus Valley Partners, Infosys, McKinsey & Company, PwC, The Math Company, and Red Seer.
29% of the batch was placed in sales and marketing. The highest package offered in this domain was INR 67.60 LPA while the average package was INR 20.98 LPA.
20% of the batch was placed in operations and IT. The highest package offered in this domain was INR 43.43 LPA while the average package was INR 22.88 LPA.
11% of the batch was placed in general management. The highest package offered in this domain was INR 62 LPA while the average package was INR 22.94 LPA.
12% of the batch was placed in financial management. The highest package offered in this domain was INR 32.50 LPA while the average package was INR 20.93 LPA.
28% of the batch was placed in analytics and consulting. The highest package offered in this domain was INR 32.21 LPA while the average package was INR 19.14 LPA.
IIM Raipur achieved 100% placement for its second largest internship batch. The MBA Class of 2024 interns chose roles in Sales and Marketing (49%), Operations and IT (19%), Analytics and Consulting (12%), General Management (11%), and Finance (9%). Internships trended upward in 2023, with the average internship increasing 16% to Rs. 1.39 Lakhs and the median internship increasing 50% to Rs. 1.50 Lakhs. The batch accepted 109 offers. There were 40+ first-time recruiters.
Highest Stipend | INR 3,50,000 |
Average Stipend | INR 1,39,466 |
Median Stipend | INR 1,50,000 |
Average of Top 10% | INR 2,79,871 |
Average of Top 25% | INR 2,43,795 |
Average of Top 50% | INR 2,11,865 |
FMCG/FMCD was the leading sector this season in terms of the number of offers made as the institute hosted many renowned FMCG/FMCD companies offering diverse roles to the students. This year, numerous recruiters across various sectors like Energy, E-Commerce, Ed-Tech, Logistics, Pharmaceutical, and Real Estate participated in the process which led to a rise in the number of lucrative opportunities offered to the students.
The profiles offered to students belonged to various functional areas with Sales & Marketing being opted for by 49% of the class, followed by Operations and IT, and Analytics and Consulting. With a much gender diverse batch, the average stipend has witnessed a 16.17% rise to INR 1,39,466. The top 10% of the recruited students earned an average stipend of INR 2,79,871, while the top 50% earned an average stipend of INR 2,11,865 respectively.
Batch Profile | |
Batch Size | 325 |
Female Students | 201 (62%) |
Male Students | 124 (38%) |
Freshers | 48% |
Students with Work Experience | 52% |
54% of the batch had 0-11 months, 21% of the batch had more than 36 months of work experience. Majority (135/325) of the students were from engineering background. While commerce background was the second largest majority (86) in the batch. 39% of the batch had a work experience in IT/ITES, 30% in miscellaneous, 8% in BSFI, 13% in manufacturing, and 7% in strategy and consulting.
Almost 110+ companies recruited from the institute, with 40+ first-time recruiters, offering 275 coveted roles in Sales and Marketing, Financial Management, Operations and IT, Analytics and Consulting, and General Management. The sizeable batch of 250+ students witnessed 100% placements, along with a 17% increase in the average salary package amounting to ₹ 17.73 LPA from the last year. The median salary stood at ₹ 16.95 LPA, and the highest package reached to ₹ 42.15 LPA. Have a look at the other placement key highlights in detail.
When it comes to the placements by industries, many companies have participated in this final placement season from various industries. The various industries such as E-Commerce, Hospitality, Manufacturing, Food and Beverage, Education, Logistics, and Media. Strategy and Consulting emerged as the largest recruiting sector of this season, absorbing more than one-third of the batch, followed by IT/ITES. The industry-wise placement statistics are given below.
As mentioned earlier, more than 110 companies recruited from the institute, with 40+ first-time recruiters, offering 275 coveted roles in Sales and Marketing, Financial Management, Operations and IT, Analytics and Consulting, and General Management. The most prominent companies include Accenture Technology, Accenture, Aditya Birla Capital, Airtel, Amazon, American Express, Angelone, Axis Bank BMW, etc.
Q. What is the highest placement in IIM Raipur?
A. IIM Raipur's highest international and domestic package was INR 67.60 LPA and INR 43.43 LPA respectively.
Q. What is the placement of IIM Raipur in 2024?
A. IIM Raipur has achieved 100% placements in their final placement as well as their internships. The highest stipend for internship in 2024 was INR 3,50,000.
Q. What is the stipend for IIM Raipur internship?
A. The median internship stipend for IIM Raipur's students is INR 1.50 lakhs per months. However, the average and highest stipends were INR 1,39,466 and INR 3,50,000 respectively.
Q. What is the batch strength of IIM Raipur?
A IIM Raipur 2021-23 batch consists of 255 students.