The IIM Nagpur institute has completed the final placement process for the year 2017-2019 for the third batch of students enrolled in its flagship Post-Graduate Program in Management. The institute has achieved the 100 percent placement for the year 2017-2019. The placements sectors that participated are like FMCD (Fast Moving Consumer Durables), IT, Analytics, Consulting, and Logistics. The final placement witnessed 40+ recruiters including many first time participants also.
- The well-known recruiters are Deloitte consulting, MuSigma, V-Guard, Schindler, FSS Global, Berger Paints, Sutherland Global, ZS Associates, GroupM, Decimal Point Analytics, ValueLabs, JK Technosoft and Aspect Ratio Data.
- The start-up companies like Moglix, Build Supply, Fortigo and Jigserv Digital making multiple offers also visited the campus.
- More than 70 percent of the batch was recruited in Analytics, e-commerce, FMCD, IT and Manufacturing fields.
- The maximum domestic salary package was Rs.20 lakh while the average was about Rs.12.35 lakh. The average package presented for the top 10% is Rs. 17.48 lakh and the first quartile of the batch was Rs. 15.45 lakh. The median package for the batch was about Rs.12 lakh.
Placement highlights:
Key facts and figures:
- The highest salary was up to Rs.20 LPA (lakhs per annum) from Rs.19 LPA last year.
- The average salary was up to Rs.12.35 LPA from Rs.12.10 LPA last year.
- The median salary was about Rs.12 LPA.
- Consulting company with a 37% rise in offers emerged as the top recruiting sector.
- 40+ recruiters participated in the placement 2019.
Top recruiters:
The top recruiters are consulting, analytics, e-commerce, FMCD, manufacturing, and IT recruited more than 70% of the batch. The key recruiters also include Deloitte Consulting, Berger Paints, MuSigma, ZS Associates, V-Guard, Schindler, Sutherland Global, GroupM, Decimal Point Analytics, ValueLabs, JK Technosoft, FSS Global, Aspect Ratio Data. The start-up companies also witnessed enthusiastic participation like Moglix, build supply, Forteigo, Jigserv Digital making multiple offers in the institute.
Placement trends:
The highest domestic package given was Rs.20 lakhs, and the average salary was Rs.12.35 Lakhs. The average package given for the top 10% is Rs. 17.48 lakhs and first quartile of the batch was Rs.15.45 lakhs. And the median package for the batch was Rs.12 lakhs.
Consulting, Sales and Marketing, and analytics were the most sought and closely followed by Finance and Operations among the students. The Consulting sector offers increased by 37%.
Placement analysis:
IIM Nagpur has witnessed 100% placement for the final batch for the year 2017-2019. The highest paid salary is Rs.20 lakh and the average paid salary is Rs.12.35 lakh. The final placement process for the institute witnessed 40 plus recruiters and there were also few start-up companies also.
The 1st batch at IIM Nagpur passed out in 2017 and from the beginning, the industry has offered high placements packages.
Final placement year | Average salary | Highest salary |
2019 | 12.35 lakhs | 20 lakhs |
2018 | 12.10 lakhs | 19 lakhs |
2017 | 13.05 lakhs | NA |
In the year 2019, IIM Nagpur also witnessed keen participation in the form of guest lectures and open seminars from the senior executives of companies like Bank of New York Mellon, Barclays Bank, WNS Global, NTT Global, Flip Kart, Lowe Lintas, Goldman Sachs, Ford Motors, Olam International.
Placement reviews:
We are in the procedure of automating the entire placement process which would result in controlling the process efficaciously and thereby presenting our ability pool to our partners well in advance. We are sure of attaining greater strides in the coming years not only in the Indian market but international too said Mr. Souvik Roy, In-charge, CDS, IIM Nagpur.
Many senior and experienced practitioners are partnering with faculty members at the institute to jointly deliver courses at the institute. IIM Nagpur is building on the industry inclusiveness to ensure seamless integration and exchange between academia and industry. The model is delivering rich dividends and strengthening the industry-academia connects. Further the model can potentially hire from campuses and the way IIM Nagpur nurtures the future managers and entrepreneurs in the country said Prof. Rahul Kumar Sett, Chairperson, CDS, and IIM Nagpur.
Information about the college:
IIM Nagpur was established in 2015 as an autonomous university. It has started the first batch from July 23, 2015, of Post Graduate Program in management. IIM Ahmadabad is the mentor institute of Nagpur institute. IIM Ahmadabad was the mentor for about 3 years till it moved to the new campus. IIM Ahmadabad is the top management institute in India and Asia-Pacific.
IIM Nagpur has successfully completed the placements for the year 2019 with 100%. There were about 40 plus recruiters this year with various sectors like FMCG consumer durables, BFSI, logistics, media and broadcasting, Aviation, FinTech, Aerospace etc.
The first time recruiters were also witnessed with double-digit offers to the students. Several organizations have recruited the students for premier internship programs.
In 2019, IT and Government sector with more than 17% of the batch students opting for in profiles in these sectors. Operations were the most sought after profiles.
The institute has introduced entrepreneurship specialization in the PG Programmes and as a part of the initiative; the institute is supporting the students to work with a start-up in lieu of summer internship. This makes a clear way for the recruiters to judge the quality of the institute.
The institute has also signed with Power Grid Corporation of India Limited for long term collaboration in various areas of business and organization development by exchanging intellectual resources and infrastructure of both organizations.
The institute is working with the top tier faculty with profound industry connects to focus on the live business issues. The faculty members will guide the future leaders on their own path towards becoming to the modern world.