IIM Raipur Placements 2023: Highest CTC INR 67.60 LPA, Average CTC INR 21.04 LPA
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 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?
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?
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?
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?
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?
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 |
Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more. |
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