IIM Sirmaur Placements 2023: Highest CTC offered INR 64.12 LPA; Average CTC INR 14.45 LPA

Vipra
Vipra Shrivastava
Senior Manager - Content
4 mins readUpdated on Sep 26, 2023 14:20 IST
Highest salary offer in IIM Sirmaur placements 2023 stood at INR 64.12 lakh per annum and average salary offer stood at INR 14.45 lakh per annum. Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power and others participated in the process. Read all about IIM Sirmaur final placements 2023 below.

Highest salary offer in IIM Sirmaur placements 2023 stood at INR 64.12 lakh per annum and average salary offer stood at INR 14.45 lakh per annum. Read all about IIM Sirmaur final placements 2023 below.

IIM Sirmaur placements

IIM Sirmaur final placement process recorded 100 per cent recruitment for the batch of MBA 2021-23.  In the batch size of 238 students, 243 offers made by 125 organisations who visited the campus for recruitment.

The highest CTC offer rose to staggering 142 percent from last year.  The highest CTC offer for the 2020-222 batch of IIM Sirmaur stood at INR 26.50 lakh per annum  Whereas for 2021-23 batch,  it was recorded INR 64.12 lakh per annum. The average CTC offer also rose by 13 per cent from last year.

Q:   What is the median package offered during IIM Sirmaur MBA placements?
A:

The placement rate recorded during IIM Sirmaur MBA placements in 2023 was 100%. The median package for the MBA programme was INR 13 LPA for the year 2023. Also, the highest and average packages offered during IIM Sirmaur MBA Tourism placements 2023 were INR 34 LPA and INR 11.82 LPA, respectively. The placement rate recorded during IIM Sirmaur MBA Tourism placements 2023 was 100%.

Q:   What is the sector-wise salary package offered during IIM Sirmaur MBA placements?
A:

The sector-wise highest and average package offered during IIM Sirmaur placements 2024 for MBA and MBA Tourism programs are presented below:

Sectors

Highest Package (2024)

Average Package (2024)

Investment Banking

INR 26.5 LPA

INR 26.5 LPA

E-Commerce

INR 32.65 LPA

INR 21.71 LPA

Manufacturing

INR 18.75 LPA

INR 17.18 LPA

Construction

INR 16 LPA

INR 15.5 LPA

Energy

INR 17.33 LPA

INR 15.43 LPA

Technology

INR 15.5 LPA

INR 15.33 LPA

Services

INR 15 LPA

INR 15 LPA

Consulting

INR 24 LPA

INR 14.83 LPA

Healthcare

INR 14 LPA

INR 14 LPA

Banking

INR 17.5 LPA

INR 13.74 LPA

Insurance

INR 17 LPA

INR 13.61 LPA

IT Services

INR 19 LPA

INR 13.3 LPA

Education

INR 18 LPA

INR 13.06 LPA

Travel and Hospitality

INR 18.16 LPA

INR 12.28 LPA

Finance

INR 15.96 LPA

INR 12.32 LPA

Logistics

INR 12 LPA

INR 12 LPA

Earlier, the sector-wise the highest, average and median package offered during IIM Sirmaur MBA placements 2023 is presented below:

Sectors

MBA Highest Package (2023)

MBA Average Package (2023)

MBA Median Package (2023)

Others

INR 64.11 LPA

INR 23.75 LPA

INR 13 LPA

IT / ITES

INR 28 LPA

INR 13.78 LPA

INR 13 LPA

EdTech

INR 25 LPA

INR 18.90 LPA

INR 19.50 LPA

BFSI

INR 24.75 LPA

INR 14.02 LPA

INR 12.41 LPA

Infrastructure & Real Estate

INR 20 LPA

INR 16.22 LPA

INR 16 LPA

Manufacturing

INR 18.50 LPA

INR 14.69 LPA

INR 14.12 LPA

Logistics & Supply Chain

INR 17.25 LPA

INR 15.25 LPA

INR 17.25 LPA

Consulting

INR 16 LPA

INR 12.24 LPA

INR 11.68 LPA

E-Commerce / Retail

INR 15 LPA

INR 14.44 LPA

INR 15 LPA

Telecom & Media

INR 14.76 LPA

INR 13.16 LPA

INR 13 LPA

Note: The Others category includes the functions of FMCG, Energy, HealthCare/ Pharma.

Q:   Which is the top recruiting sector during IIM Sirmaur MBA placements?
A:

IIM Sirmaur MBA sector-wise placement data 2024 is not released. However, Banking sector emerged as the top recruiting sector collectively for MBA and MBA Tourism programs during Placement drive 2024. The sector-wise offers distribution made during IIM Sirmaur placements 2024 is presented below:

The sector-wise offers distribution made during IIM Sirmaur placements 2024 is presented below:

Sectors

Offers Distribution (2024)

Banking

29.9%

IT Services

13.5%

Consulting

9.8%

Education

6.6%

Manufacturing

3.7%

Insurance

3.7%

Travel and Hospitality

20.9%

Finance

2.5%

Energy

2.5%

Logistics

2%

Technology

1.2%

Construction

0.8%

Healthcare

0.4%

E-Commerce

1.2%

Investment Banking

0.8%

Services

0.4%

 

Earlier, the sector-wise placement distribution recorded during IIM Sirmaur MBA placements 2023 is presented below:

Sectors

MBA Placement Distribution (2023)

BFSI

40%

IT / ITES

26%

Consulting

11%

E-Commerce / Retail

4%

Infrastructure & Real Estate

4%

Logistics & Supply Chain

4%

Telecom & Media

4%

Manufacturing

3%

EdTech

2%

Others

4%

Note: The Others category includes the sectors of FMCG, Energy, HealthCare/ Pharma.

Some of the top recruiters included Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power, IBM, ICICI, EY, HDFC, Tech Mahindra, DCM Shriram, Volvo Eicher, and ZS Associates among others.

Q:   Is IIM Sirmaur good for placements?
A:

Yes, IIM Sirmaur has a good placement record with a 100% placement rate. The college has a dedicated placement cell that provides training to students to prepare them for the placement process. The placement process starts from the 5th semester, and many media houses and companies visit the campus for recruitment. The highest package offered during the placement drive was INR 64.12 LPA, and the average package offered was INR 14.45 LPA. The college also offers internships to its students, and many companies visit the campus for internships. The placement rate recorded during IIM Sirmaur MBA placements 2023 was 100%, and the highest and average package offered during IIM Sirmaur MBA placements 2023 stood at INR 64.12 LPA and INR 14.45 LPA, respectively. Some of the top recruiters of IIM Sirmaur include Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power, IBM, ICICI, EY, HDFC, Tech Mahindra, DCM Shriram, Volvo Eicher, and ZS Associates among others.

Table of contents
  • IIM Sirmaur Placements 2023: Highlights
  • IIM Sirmaur Placements 2023: Sector wise split
  • IIM Sirmaur Placements 2023: Function wise split
  • IIM Sirmaur Placements 2023 vs 2022 vs 2021

IIM Sirmaur Placements 2023: Highlights

Check below key highlights of IIM Sirmaur placements report 2023 released by the institute recently.

Features

Details

Highest CTC offered

INR 64.12 LPA

Average CTC offered

INR 14.45 LPA

Average CTC offered to top 10% of students

INR 24.38 LPA

Average CTC offered to top 25% of students

INR 19.58 LPA

Average CTC offered to top 50% of students

INR 17.15 LPA

Batch size

238

Number of recruiters

125+

Job profiles such as Analytics Consultant, Product Manager, Senior Business Analyst, Recruitment Manager, Process Consultant, Engagement Manager, Supply Chain Analyst, Management Trainee in Marketing, Finance, Products, Pricing, and Consultant in Strategy, Technology Solutions, and Risk Advisory were offered during the IIM Sirmaur placements 2023.

IIM Sirmaur Placements 2023: Sector wise split

Sector-wise, the maximum offers were made in BFSI, followed by IT/ITES. Check below the table indicating sector wise data for IIM Sirmaur final placements 2023.

Sector

Percentage of Offers

Salary Figure

BFSI

40%

Average CTC: INR 14.02 LPA

Median CTC: INR 12.41 LPA

Highest CTC: INR 24.75 LPA

IT/ITES

26 %

Average CTC: INR 13.78 LPA

Median CTC: INR 13.00 LPA

Highest CTC: INR 28.00 LPA

Consulting

11%

Average CTC: INR 12.24 LPA

Median CTC: INR 11.68 LPA

Highest CTC: INR 16.00 LPA

Logistics & Supply Chain

4%

Average CTC: INR 15.25 LPA

Median CTC: INR 17.25 LPA

Highest CTC: INR 17.25 LPA

E-Commerce & Retail

4%

Average CTC: INR 14.44 LPA

Median CTC: INR 15.00 LPA

Highest CTC: INR 15.00 LPA

Telecom & Media

4%

Average CTC: INR 13.16 LPA

Median CTC: INR 13.00 LPA

Highest CTC: INR 14.76 LPA

Infrastructure & Real Estate

4%

Average CTC: INR 16.22 LPA

Median CTC: INR 16.00 LPA

Highest CTC: INR 20.00 LPA

Manufacturing

3%

Average CTC: INR 14.69 LPA

Median CTC: INR 14.12 LPA

Highest CTC: INR 18.50 LPA

EdTech

2%

Average CTC: INR 18.90 LPA

Median CTC: INR 19.50 LPA

Highest CTC: INR 25.00 LPA

Others

4%

Average CTC: INR 23.75 LPA

Median CTC: INR 13.00 LPA

Highest CTC: INR 64.11 LPA

IIM Sirmaur Placements 2023: Function wise split

Function wise, maximum offers were in General Management, followed by Marketing & Sales. Check below the table indicating function wise data of IIM Sirmaur final placements 2023.  

Function

Percentage of Offers

Salary Figure

General Management

25 %

Average CTC: INR 15.47 LPA

Median CTC: INR 16.15 LPA

Highest CTC: INR 19.94 LPA

Marketing & Sales

22%

Average CTC: INR 16.52 LPA

Median CTC: INR 12.73 LPA

Highest CTC: INR 64.00 LPA

Finance

20%

Average CTC: INR 12.92 LPA

Median CTC: INR 12.19 LPA

Highest CTC: INR 24.75 LPA

IT & Systems

19%

Average CTC: INR 13.07 LPA

Median CTC: INR 12.41 LPA

Highest CTC: INR 16.75 LPA

Operations

3%

Average CTC: INR 14.13 LPA

Median CTC: INR 14.00 LPA

Highest CTC: INR 18.50 LPA

Others

5%

Average CTC: INR 12.93 LPA

Median CTC: INR 12.41 LPA

Highest CTC: INR 17.89 LPA

Product

7%

Average CTC: INR 12.19 LPA

Median CTC: INR 12.20 LPA

Highest CTC: INR 14.12 LPA

Also Read: IIM Placements – Highest Salary & Top Recruiters

IIM Sirmaur Placements 2023 vs 2022 vs 2021

IIM Sirmaur final placements has witnessed rise and fall in salary figures in the last three years. Take a look at the salary comparison of past three years in the table below.

Features

2023

2022

2021

Highest salary offered

INR 64.12 LPA

INR 26.50 LPA

INR 16 LPA

Average salary offered

INR 14.45 LPA

INR 12.74 LPA

INR 9. 60 LPA

Median salary offered

INR 13.00 LPA

INR 18.72 LPA

INR 10 LPA

Average salary offered to top 10% of students

INR 24.38 LPA

INR 17.16 LPA

INR 14.1 LPA

Average salary offered to top 25% of students

INR 19.53 LPA

INR 15.38 LPA

INR 12.4 LPA

Average salary offered to top 50% of students

INR 17.15 LPA

INR 26.50 LPA

INR 11.2 LPA

Batch size

238

186

112

Number of recruiters

125+

140+

132

Institute-wise MBA Placement Reports

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IIM Trichy placements

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IIM Lucknow placements

IIM Shillong placements

IIM Raipur placements

IIM Kozhikode placements

IIM Udaipur placements

IIM Nagpur placements

IIM Indore placements

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About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

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Answered 4 months ago

There is no fixed cutoff for admission to BPW at IIM Sirmaur through IPMAT indore but general category students should try to score for ATS 55 roughly aligning with a raw score of around 175+.

After this admission depends on academic performance and performance in PI.

D

Dipa Mandal

Beginner-Level 5

Answered 10 months ago

As per the IIM Sirmaur placement report 2025 for the batch of 2023-25, the overall average package received during the placement drive 2025 was INR 13.3 LPA.

Earlier, the average and median package offered during IIM Sirmaur MBA placements 2024 stood at INR 13.93 LPA and INR 12.49 LPA, respectively.

...Read more

S

Saakshi Malhotra

Contributor-Level 9

Answered 10 months ago

Yes, IIM Sirmaur offers better summer placement to all its MBA students. The key summer placement highlights are presented below:

Particulars

MBA Summer Placement Statistics (2023-25 Batch)

MBA Summer Placement Statistics (2024-26 Batch)

Average stipend

INR 71,000

INR 54,950

Top 50% average stipend

INR 98,932

INR 81,829

Companies visited

150

202

S

Satyendra Rai

Contributor-Level 9

Answered 10 months ago

The average package received by female students during IIM Sirmaur placements 2025 was INR 12.4 LPA. The Male and Female packages over the past three years is presented below:

Particulars

Average Package (2022)

Average Package (2023)

Average Package (2024)

MBA (Female)

INR 12.62 LPA

INR 13.46 LPA

INR 13.89 LPA

MBA (Male)

INR 9.56 LPA

INR 13.86 LPA

INR 14.69 LPA

MBATHM (Female)

INR 10.39 LPA

INR 11.65 LPA

INR 13.16 LPA

MBATHM (Male)

INR 10.90 LPA

INR 13.87 LPA

INR 13.87 LPA

A

Aayush Singh

Contributor-Level 9

Answered 10 months ago

Yes, IIM Sirmaur has released the placement report for the MBA batch of 2023-25. According to the report, the overall average package received during the placement drive 2025 was INR 13.3 LPA. Other than this, the average stipend received by the MBA batch of 2024-26 was INR 54,829. Top recruiters su

...Read more

S

Saakshi Malhotra

Contributor-Level 9

Answered 10 months ago

The average and median package offered during IIM Sirmaur MBA THM placements 2024 stood at INR 13.32 LPA and INR 12 LPA, respectively. Earlier, the key highlights of MBA THM placements over the past two years are presented below:

Particulars

MBA Tourism and Hospitality Management Placement Statistics (2022)

MBA Tourism and Hospitality Management Placement Statistics (2023)

the highest package

INR 22 LPA

INR 34 LPA

Average package

INR 10.23 LPA

INR 11.47 LPA

Median package

INR 9.90 LPA

INR 11 LPA

Students participated

29

50

Students placed

26

45

Students opted out

3 (2 students opted for higher studies and 1 student opted for Entrepreneurship)

5

Total companies

49

58

P

Pooja Divya

Contributor-Level 9

Answered 10 months ago

The average and median package received by MBA THM students during placements 2024 stood at INR 13.32 LPA and INR 12 LPA, respectively.

Earlier, the key highlights of IIM Sirmaur placements over the past two years for MBA THM programme are presented below:

Particulars

MBA Tourism and Hospitality Management Placement Statistics (2022)

MBA Tourism and Hospitality Management Placement Statistics (2023)

the highest package

INR 22 LPA

INR 34 LPA

Average package

INR 10.23 LPA

INR 11.47 LPA

Median package

INR 9.90 LPA

INR 11 LPA

Students participated

29

50

Students placed

26

45

Students opted out

3 (2 students opted for higher studies and 1 student opted for Entrepreneurship)

5

Total companies

49

58

N

Nishtha Karan

Contributor-Level 9

Answered 10 months ago

The course-wise median package offered over the past three years during IIM Sirmaur placements is presented below:

Course

Median Package (2022)

Median Package (2023)

Median Package (2024)

MBA

INR 12.23 LPA

INR 13 LPA

INR 12.49 LPA

MBA THM

INR 9.90 LPA

INR 11 LPA

INR 12 LPA

Overall

INR 11.40 LPA

INR 12.49 LPA

INR 12.49 LPA

D

Dhanya Arora

Contributor-Level 9