IIM Raipur Placements 2023: Highest CTC INR 67.60 LPA, Average CTC INR 21.04 LPA

Vipra
Vipra Shrivastava
Senior Manager - Content
4 mins readUpdated on Sep 5, 2023 13:05 IST

IIM Raipur Placements 2023 saw a massive jump of 60 per cent in the highest CTC offer and about 19 per cent rise in the average CTC offer for the outgoing batch of 2021-23. Check here detailed IIM Raipur final placements report 2023.

IIM Raipur placements

IIM Raipur final placements 2023 witnessed participation from 107 reputed national and international companied for recruiting management graduates in Sales and Marketing, Financial Management, Operations and IT, Analytics and Consulting and General Management.

The highest salary package for 2021-23 batch recorded an exceptional rise of 60 per cent, standing at INR 67.60 lakh per annum. Last year, the highest CTC offer stood at INR 42.15 lakh per annum. The average CTC offer this year also witnessed a YOY increase of 19 per cent at INR 21.04 lakh per annuim.

Q:   What is the median package offered during IIM Raipur placements?

A:

The overall median package offered during IIM Raipur MBA placements 2024 stood at INR 17.5 LPA. Further, a fluctuating trend was witnessed in the median package offered over the past three years, which is presented below:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

Median package

INR 16.95 LPA

INR 20 LPA

INR 17.5 LPA

Note: Salary data is the Domestic Maximum Earning Potential

Q:   Is having proven work experience for admission in Executive MBA at IIM Raipur compulsory?

A:

Yes, a minimum of three years of work experience is required for admission to Executive MBA at IIM Raipur. The Executive MBA programme is specially curated for working professionals to update their skills in their relevant domain.

Besides work experience, the candidate should possess a bachelor’s degree with a minimum of 50% aggregate (45% for reserved categories) and have a minimum of three years of work experience.

The candidate will be selected based on their academic performance at Under-Graduate and HSC levels and their Work Experience and Diversity factor, followed by the Personal Interview (PI) round.

Q:   How are the placements at IIM Raipur?

A:

The key highlights of IIM Raipur MBA placements over the past three years are presented below:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

Highest package

INR 42.15 LPA (Domestic)

 

INR 43.43 LPA (Domestic)

INR 67.60 LPA (International)

INR 42.29 LPA

Average package

INR 17.73 LPA

INR 21.04 LPA

INR 18.15 LPA

Median package

INR 16.95 LPA

INR 20 LPA

INR 17.5 LPA

Total recruiters

113

107

116

Total offers

275

287

302

Total applicants

252

249

302

Note: Salary data is the Domestic Maximum Earning Potential

Complementing the success of final placements process, Prof. Ram Kumar Kakani, Director IIM Raipur said, “This year was a phenomenal year for both Final Placements and Summer Internship Placements for the Batches of IIM Raipur. We saw our Corporate Relations strengthen because of our recruiting partners with whom we have enjoyed a longstanding relationship. We also saw an upsurge of new recruiters with whom we intend to form a stronger and deeper relationship. The batches performed phenomenally displaying their competence, making this season a success.”

In the IIM Raipur placements 2023, maximum recruitment was done in the BFSI sector with highest of INR 32. 50 Lakh per annum and an average of INR 21.04 lakh per annum. IT/ITES was the second highest sector, where the highest package stood at INR 43.43 lakh per annum. The highest salary of INR 67.60 lakh per annum was made in FMCG/FMCD sector.

In the batch of 255 students, 252 registered for IIM Raipur placements 2023 and all of them were placed in reputed companies across sectors such as Finance, Sales and Marketing, Strategy & Consulting, Operations, General Management and HR. The total number of offers made was 287.

Q:   Which is the top recruiting sector during IIM Raipur placements?

A:

BFSI sector emerged as the top recruiting sector during IIM Raipur MBA placements 2024. The sector-wise offers made during IIM Raipur MBA placements 2024 is presented below:

Sectors

MBA Offers Made (2024)

BFSI

80

Manufacturing

47

IT / ITES

90

FMCG / FMCD

32

Strategy & Consulting

15

Others

38

Q:   What is the salary for IIM Raipur MBA graduate?

A:

In 2023, IIM Raipur MBA graduates experienced notable salary growth in comparison to the prior year. The top international package reached INR 67.60 LPA, with the highest domestic package at INR 43.43 LPA. The average MBA placement package in 2023 was INR 21.04 LPA, demonstrating a remarkable 19% surge from the figures of 2022. Moreover, the number of offers extended to students increased by 4% compared to the previous year, indicating a robust placement season at IIM Raipur in 2023.

IIM Raipur Placements 2023: Highlights

Check out the table below for key highlights of IIM Raipur placements 2023.

Features

Details

Highest CTC

INR 67.60 LPA

Average CTC

INR 21.04 LPA

Median CTC

INR 20.00 LPA

Average CTC top 10%

INR 34.64 LPA

Average CTC top 50%

INR 24.77 LPA

Total number of recruiters

107

Batch strength

255

IIM Raipur placements 2023

IIM Raipur placements 2023

IIM Raipur Placements 2023: Industry-wise Data

Sector wise, maximum offers were made in the BFSI sector, followed by IT/ITES. Check the table below for IIM Raipur Placements 2023 sector-wise salary data:

Sector

Percentage of offers

Salary figure

BFSI

32%

Highest CTC: INR 32.50 LPA

Average CTC: INR 21.04 LPA

IT & ITES

23%

Highest CTC: INR 43.43 LPA

Average CTC: INR 20.61 LPA

Strategy and Consulting

14%

Highest CTC: INR 32.21 LPA

Average CTC: INR 19.64 LPA

FMCG/FMCD

12%

Highest CTC: INR 67.60 LPA

Average CTC: INR 21.78 LPA

Manufacturing

12%

Highest CTC: INR 62.00 LPA

Average CTC: INR 22.39 LPA

Miscellaneous

7%

Highest CTC: INR 32.65 LPA

Average CTC: INR 21.51 LPA

Also Read: IIM Placements – Highest Salary & Top Recruiters

IIM Raipur Placements 2023: Domain-wise Data

Domain wise, maximum offers were made in Sales and Marketing in the IIM Raipur final placements 2023. Another domain in which a large percentage of the offers were made was Analytics & Consulting.

Domain

Percentage of offers

Salary figure

Sales & Marketing

29%

Highest CTC: INR 67.60 LPA

Average CTC: INR 20.98 LPA

Analytics and Consulting

28%

Highest CTC: INR 32.21 LPA

Average CTC: INR 19.14 LPA

Strategy and Consulting

20%

Highest CTC: INR 43.43 LPA

Average CTC: INR 22.88 LPA

Financial Management

12%

Highest CTC: INR 32.50 LPA

Average CTC: INR 20.93 LPA

General Management

11%

Highest CTC: INR 62.00 LPA

Average CTC: INR 22.94 LPA

IIM Raipur Placements 2023: Prominent Recruiters

Some of the prominent recruiters who participated in the IIM Raipur final placements 2023 include Accenture, Adani, Aditya Birla Capital, Amazon, Angel One, Deloitte, DHL, DIAGIO, EXL, Franklin Templeton, HDFC Bank, Hero, HSBC, GAIL, Invesco, Infosys, ICICI Bank, Mahindra Finance, Jindal Steel and Power, Samsung, Panasonic, Wells Fargo, TVS, Yes Bank among others.

IIM Raipur Placements: 2023 vs 2022 vs 2021

Check the table below for a comparison between salary packages of IIM Raipur final placements 2023 with the past three years’ data.

CTC offer

2023

2022

2021

Highest CTC offered

INR 67.60 LPA

INR 42.15 LPA

INR 30.00 LPA

Average CTC offered

INR 21.04 LPA

INR 17.73 LPA

INR 15.11 LPA

Average CTC offered to top 25%

INR 28.25 LPA

---

INR 20.61 LPA

Average CTC offered to top 50%

INR 21.00 LPA

 

INR 18.53 LPA

Institute-wise MBA Placement Reports

IIM Kozhikode Placements

IIM Trichy Placements

IIM Ahmedabad Placements

IIM Bangalore Placements

IIM Calcutta Placements

IIM Lucknow Placements

IIM Bodhgaya Placements

IIM Jammu Placements

Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more.

Download Free Shiksha MBA Guide

About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

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