According to the release by IIM Raipur, the median annual CTC was Rs 20 lakh, showing an 18% increase from the previous year. The top 10% of students had an average CTC of Rs 34.64 lakh annually.
The Indian Institute of Management (IIM) Raipur has set another impressive placement record for its students, securing a 100% placement rate for the academic year. According to the released placement report, the institute witnessed a significant increase in the average CTC, which stood at Rs 21.04 lakh per annum, showing a 19% hike from the previous year. Notably, the highest CTC offered was Rs 67.60 lakh per annum, exhibiting a remarkable 60% increase from the previous year. Let’s delve deeper into the placement statistics of IIM Raipur and see how the students fared in securing employment opportunities.
IIM Raipur Placements 2023 Highlights:
- Median annual CTC was Rs 20 lakh, showing an 18% increase from the previous year.
- Top 10% of students had an average CTC of Rs 34.64 lakh per annum.
- Top 25% of students had an average CTC of Rs 28.25 lakh per annum.
- Top 50% of students had an average CTC of Rs 24.77 lakh per annum.
- 32% of students were recruited in the Banking Financial Service and Insurance (BFSI) sector with an average CTC of Rs 21.02 lakh per annum and a maximum CTC of Rs 32.50 lakh per annum.
- 23% of students are recruited in the IT/ITES sector with an average CTC of Rs 21.29 lakh per annum and a maximum CTC of Rs 43.43 lakh per annum.
- 14% of students are recruited in the Strategy & Consulting sector with an average CTC of Rs 19.64 lakh per annum and a maximum CTC of Rs 32.21 lakh per annum.
IIM Raipur Placements 2023: Comparison of CTCs among Top IIMs
Below is a comparison of IIM Raipur’s 2023 placement statistics with other IIMs, including IIM Indore, IIM Trichy, and IIM Udaipur, concerning the highest package, average package, and a number of offers.
|
IIM Name |
Highest Package Offered |
Average Package Offered |
No. of Offers Made |
|
IIM Raipur |
INR 67.60 LPA |
INR 34.64 LPA |
110+ |
|
IIM Trichy |
INR 34 LPA |
INR 17,01 LPA |
170+ |
|
IIM Ranchi |
INR 65 LPA |
INR 16.17 LPA |
130+ |
|
IIM Rohtak |
INR 36 LPA |
INR 18.75 LPA |
170+ |
|
IIM Udaipur |
INR 36 LPA |
INR 20.3 LPA |
70+ |
|
IIM Indore |
INR 1.14 crores |
INR 30.21 LPA |
150+ |
IIM Raipur Placements 2023 – Year-Wise Trends
The table below illustrates the highlights of IIM Raipur’s year-by-year
|
Years |
Average CTC |
Average CTC of Top 50% |
Average CTC of Top 25% |
Highest CTC |
|
2016-18 |
INR 12.45 LPA |
INR 15.76 LPA |
INR 17.5 LPA |
INR 22.05 LPA |
|
2017-19 |
INR 14.54 LPA |
INR 17.18 LPA |
INR 18.56 LPA |
INR 24.56 LPA |
|
2018-20 |
INR 15.20 LPA |
INR 18.72 LPA |
INR 21.28 LPA |
INR 46 LPA |
|
2019-21 |
INR 15.11 LPA |
INR 18.53 LPA |
INR 20.61 LPA |
INR 30 LPA |
|
2020-22 |
INR 17.73 LPA |
INR 21.02 LPA |
INR 24.01 LPA |
INR 42.15 LPA |
|
2022-23 |
INR 34.64 LPA |
INR 24.77 LPA |
INR 28.25 LPA |
INR 67.60 LPA |
IIM Raipur MBA Placement Trends: 2020 Vs 2021 Vs 2022 Vs 2023
The table shows the placement trends at IIM Raipur from 2020 to 2023. In 2023, all 255 students who registered for placements were successfully placed in over 110 companies. The same was observed in the previous year of 2022 when all 252 students registered were placed, but in fewer companies, 113 to be exact. Similarly, in 2021, all 245 registered students were successfully placed but in more than 140 companies. The number of registered and placed students remained the same between 2020 and 2021, with 191 students placed in 150 or more companies.
IIM Raipur Placements 2023: Sector-Wise Recruitment & Highest Salary Offered
Sector |
Percentage of students recruited |
Average Salary |
Highest Salary |
|
Banking Financial Service and Insurance (BFSI) |
32% |
INR 21.02 LPA |
INR 32.50 LPA |
|
IT/ITES |
23% |
INR 21.29 LPA |
INR 43.43 LPA |
|
Strategy & Consultancy |
14% |
INR 19.64 LPA |
INR 32.21 LPA |
|
FMCG/FMCD |
12% |
INR 21.78 LPA |
INR 67.60 LPA |
|
Manufacturing |
12% |
INR 22.39 LPA |
INR 62 LPA |
|
Miscellaneous |
7% |
INR 19.55 LPA |
INR 25.50 LPA |
IIM Raipur Placements 2023: Domain-Wise Recruitment Details & Salary Offered
Domain |
Percentage of students recruited |
Average Salary |
Maximum Salary |
|
Sales and Marketing |
29% |
INR 20.98 LPA |
INR 67.60 LPA |
|
Analytics and Consulting |
28% |
INR 19.09 LPA |
INR 32.21 LPA |
|
Operations & IT |
20% |
INR 23 LPA |
INR 43.43 LPA |
|
Financial Management |
12% |
INR 20.87 LPA |
INR 32.50 LPA |
|
General Management |
11% |
INR 22.94 LPA |
INR 62 LPA |
IIM Raipur Summer Internship Placements Report 2023
IM Raipur has achieved new heights in its summer internship placements, with an average stipend of Rs 1.39 lakh, representing a 16% increase from the previous year. The highest stipend was recorded at Rs 3.50 lakh, and a total of 109 companies visited for summer placements, resulting in 100% placements for the batch of 328 first-year students. Additionally, the median stipend increased by 50% from last year, with students in the top 10%, 25%, and 50% earning an average stipend of Rs 2.79 lakh, Rs 2.43 lakh, and Rs 2.11 lakh, respectively.
IIM Raipur Summer Internship Placements 2023 Highlights:
- Highest Stipend: ₹ 3,50,000/-
- Top 10 %ile Stipend: ₹ 2,59,714/-
- Top 25 %ile Stipend: ₹ 2,04,956/-
- Top 50 %ile Stipend: ₹ 1,66,709/-
- Average Stipend: ₹ 1,20,052/-
IIM Raipur Summer Internship Placements 2023: Placement by Function
The internship profile offered at IIM Raipur to students covered a wide range of functional areas, with Sales & Marketing being the top choice of 55% of the class. Strategy & General Management, it & Analytics, and Finance followed this. The number of companies visiting IIM Raipur increased compared to the previous year, resulting in more diverse opportunities for the students.
|
Financial Management |
9% |
|
Operations |
8% |
|
Sales & Marketing |
55% |
|
Human Resource Management |
4% |
|
IT & Analytics |
11% |
|
Strategy & General Management |
13% |
IIM Raipur Summer Internship Placements 2023: Placement by Industry
IT/ITES emerged as the dominant sector this placement season at IIM Raipur, with a significant number of offers made by renowned companies in the industry. The institute witnessed a surge in the number of recruiters from various sectors such as Energy, E-commerce, Ed-tech, and Logistics, providing diverse roles to the students. The increase in the number of companies led to a rise in the number of lucrative opportunities for the students. As IIM Raipur strives to shape the leaders of tomorrow, the institute expresses its gratitude to the corporate leaders for their trust and looks forward to maintaining a long and cordial relationship with them in the future.
IIM Raipur Summer Internship Placements 2023: List of Recruiters Participated & Recruiting Companies
IIM Raipur placements: FAQs
Q1: What was the highest salary package offered during IIM Raipur placements in 2023?
A: The highest salary package offered during IIM Raipur placements in 2023 was INR 67.60 LPA.
Q2: What was the highest salary package offered during IIM Raipur placements in 2023?
A: The highest salary package offered during IIM Raipur placements in 2023 was INR 67.60 LPA.
Q3: What was the median annual CTC during IIM Raipur placements in 2023?
A: The median annual CTC during IIM Raipur placements in 2023 was INR 20 lakh, showing an 18% increase from the previous year.
Q4: What was the percentage of students recruited in the BFSI sector during IIM Raipur placements in 2023?
A: 32% of students were recruited in the BFSI sector during IIM Raipur placements in 2023.
Q5: What was the average CTC of the top 10% of students during IIM Raipur placements in 2023?
A: The top 10% of students had an average CTC of INR 34.64 lakh per annum during IIM Raipur placements in 2023.
Q6: How many companies participated in IIM Raipur final placements in 2023?
A: Over 110 companies participated in IIM Raipur placements in 2023.
Q7: What was the percentage of students recruited in the IT/ITES sector during IIM Raipur placements in 2023?
A: 23% of students were recruited in the IT/ITES sector during IIM Raipur placements in 2023.
Q8: How many students were placed during IIM Raipur placements in 2023?
A: All 255 students who registered for placements were successfully placed during IIM Raipur placements in 2023.
Q9: What was the percentage of students recruited in the Strategy & Consulting sector during IIM Raipur placements in 2023?
A: 14% of students were recruited in the Strategy & Consulting sector during IIM Raipur placements in 2023.
Q10: How much was the average CTC during IIM Raipur placements in 2023?
A: The average CTC during IIM Raipur placements in 2023 was INR 21.04 lakh per annum, showing a 19% hike from the previous year.
Q11: How does IIM Raipur’s highest package compare with other IIMs?
A: IIM Raipur witnessed the highest package of INR 67.60 LPA in 2023 is less than IIM Indore’s highest package of INR 1.14 crores but higher than other IIMs such as IIM Trichy, IIM Ranchi, IIM Rohtak, and IIM Udaipur.
Q12: What was the highest package offered in the 2022 IIM Raipur placements?
A: The highest domestic package offered in the 2022 IIM Raipur placements was INR 42.15 LPA, which surpassed the highest domestic package offered in the previous years’ placements, i.e., INR 28.12 LPA in 2020 and INR 30 LPA in 2021.
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