Key Placement Highlights 2024
464 students placed both internationally and nationally
- Placement rate of 97.07%
- Highest package stood at 24.43 LPA
- Average package offered was 11.10 LPA
- More than 145 companies visited
Birla Institute of Management Technology (BIMTECH), a leading B-school in India, is proud to announce an exceptional placement rate of 97.07% for the 2022-24 batch despite a slowdown in the MBA job market. The highest international package offered reached INR 24.43 LPA, while the average package stood at INR 11.10 LPA. In total, 464 of BIMTECH’s innovative graduates secured placements in both international and national markets.
The placement drive covered four two-year full-time programs: PGDM, PGDM-International Business, PGDM-Retail Management, and PGDM-Insurance Business Management. The highest CTC for PGDM and PGDM-International Business was INR 22.00 LPA; for PGDM-Retail Management, it was INR 24.43 LPA; and for PGDM-Insurance Business Management, it was INR 14.00 LPA.
Reflecting on this success, Dr. Prabina Rajib, Director of BIMTECH, stated, “BIMTECH has once again maintained its legacy with remarkable placements this year. The visit of over 145 recruiters highlights the dedication of our faculty, our academic programs, and our strong corporate relations. There’s a growing demand for tech-savvy and digitally oriented professionals capable of driving technological advancements. Our institution has successfully delivered talent adept at navigating these dynamic changes and excelling in their fields.”
BIMTECH’s robust placement season attracted more than 145 leading companies from various sectors, including 39 new organisations. Prominent companies such as Landmark Group (Homecentre), Blackrock, EY India, Deloitte, Wipro Ltd., KPMG, Infosys, Make My Trip (MMT), and SBI General Insurance Co. Ltd. participated in this year’s placement drive.
Students were offered diverse roles, including Senior Analyst, Business Analyst, Area Manager, Consultant, Management Trainee, Digital Demand Analyst, Research Associate, Associate Solution Advisor, Deputy Manager, and Business Development Manager, among others.
According to placement officials at BIMTECH, various sectors participated in the hiring process, with the prime recruiting sector being Banking, Financial Services & Insurance (BFSI) at 37%. This was followed by IT & ITES at 18% and Consultancy at 15%. Other prominent sectors included Manufacturing (9%), FMCG/FMCD (4%), Retail (4%), Logistics (2%), Market Research (1%), and Others (Media, Real Estate, Edutech, and Telecom) at 10%.
This season saw a shift from traditional selection methods like Group Discussions (GD) to a hybrid recruiting process, incorporating both online and offline techniques to evaluate students. Major assessment mechanisms included Occupational Personality Questionnaires (OPQ), case analysis using data and new-age tools, and guesstimate rounds.
Inspired by its founder, the late Basant Kumar Birla, BIMTECH pioneers innovative programs such as PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), nurturing individuals into global leaders. BIMTECH proudly holds the 48th position in the Management Category in the NIRF-National Institutional Ranking Framework 2023 and ranks 17th among the top private B-Schools in India according to Business Today-MDRA Best B-Schools Ranking 2023. Additionally, BIMTECH is now AACSB accredited, joining the ranks of top globally recognised B-Schools. The institute excels in management education, supported by a robust, globally placed alumni network of over 7,000 individuals.