IRMA Placements 2022: Highest salary offered INR 26.50 LPA
IRMA recently released its placement report for the 2020-22 batch. The highest offer made this year was INR 26.50 lakh per annum, while the average salary stood at INR 15 lakh per annum. Read the article below to know more.
Institute of Rural Management Anand (IRMA) completed the final placement process of the outgoing batch of PGDRM (2020-22) with the highest salary package of INR 26.50 lakh per annum, an increase of 39.47% from the previous batch. IRMA placement process 2022 was conducted from January 5, 2022, which witnessed approximately 251 participants with 431 offers being made.
In the 41st PGDRM batch of 251 students, 19 students received pre-placement offers based on the work done in internships and other projects. A total of 431 job offers were made by top recruiters who participated in the IRMA placement drive. The average salary offered by the organizations to IRMA graduates stands at INR 15 lakh per annum.
The average package offered during IRMA Anand MBA course was INR 15 LPA during IRMA placements 2021-2023. Moreover, the highest package stood at INR 26.5 LPA. Additionally, during IRMA placements, the year-on-year growth was observed in the number of offers made during IRMA placements in the past three years. The top recruiters include Flipkart, ICICI Bank, Axis Bank, Amul, Cred Avenue, Crompton Greaves Godrej Agrovet Ltd, ITC Ltd, Grant Thornton LLP, Licious, Tata Steel, Vedanta CSR, Yes Bank, IDFC First Bank, Adani Wilmar Ltd, Future Group, etc.
Yes, the 20 merit-based scholarships worth INR 1.17 crore for the students of its flagship PGDM (RM) course. The institute also provides Mirae Asset Foundation Scholarships, IDFC Firse Bank MBA Scholarship, etc.
- IRMA Placements 2022: Salary Highlights
- IRMA Placement Trends Over the Years
- Top Recruiters in IRMA Placements 2020-22 Batch
- IRMA Placements 2019-21 Highlights
- IRMA Placements 2019-21: Top Recruiters
IRMA Placements 2022: Salary Highlights
Check out the table below to know the IRMA placements highlights.
| Segment |
Salary Package |
|---|---|
| Total number of offers |
431 |
| Pre-placement offers |
19 |
| Highest CTC offered |
INR 26.50 LPA |
| Lowest CTC offered |
INR 8 LPA |
| Median package offered |
INR 15 LPA |
| Mean package offered |
INR 14.33 LPA |
| Mean package for the Top 10 percentile of the batch |
INR 20.05 LPA |
| Mean package for the Top 25 percentile of the batch |
INR 17.67 LPA |
| Mean package for the Top 50 percentile of the batch |
INR 16.70 LPA |
| Top recruiters |
Flipkart, ICICI Bank, Axis Bank, Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board, Cred Avenue, TATA steel |
IRMA Placement Trends Over the Years
Compared to the previous years, more number of students appeared for the IRMA placement process. There has been an increase of approximately 30% from the previous year. The highest salary package rose by 39.47% and the median salary package by 48.51%. Check out the infographic below to know the IRMA placement trends in the years 2020, 2021 and 2022:
IRMA placement trend over the years
Top Recruiters in IRMA Placements 2020-22 Batch
Organisations which participated in the IRMA placements 2020-22 included Flipkart, Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board, Cred Avenue, TATA steel, etc.
Sectors such as banks, dairy cooperatives, NBFCs, agribusiness, consulting and development sector organisations were among the IRMA recruiters this year. Check out the table below to know the top recruiters who participated in the IRMA placements:
| Sector |
Companies |
|---|---|
| Agribusiness |
Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board, Godrej Agrovet |
| FMCG and Retail |
Reliance Retail, Future Group, More Retail, Licious, Flipkart, ITC Ltd, Tata Steel, Jio Platforms Ltd, DCM Shriram Ltd, |
| Banking, Finance and Insurance |
ICICI Bank, Axis Bank, Cred Avenue, Adani Wilmar Ltd, IDFC First Bank, Yes Bank, Grant Thornton LLP |
IRMA Placements 2019-21 Highlights
Check out the table below to know the previous year's IRMA placement highlights:
| Segment |
Salary Package |
|---|---|
| Highest CTC offered |
INR 19 LPA |
| Median package |
INR 10.10 LPA |
| Mean package |
INR 10.64 LPA |
| Lowest CTC offered |
INR 5.40 LPA |
IRMA Placements 2019-21: Top Recruiters
IRMA placements 2019-21 witnessed various startups which participated in the placement drive at IRMA. Various FMCG, banks, NGOs, dairy cooperatives, NBFCs, agribusiness and public sector organisations were a part of the placement drive. The majority of the positions offered to the students were in the sales and marketing sector. A total of 28 students accepted offers made by NGOs, Government and Development agencies and CSR foundations. Organizations such as Vedanta CSR, NTPC CSR, Brooke India, Foundation for Development of Rural Value Chains (FDRVC), BAIF Development Research Foundation, BRLPS – JEEVIKA, Panchayati Raj-Govt. of Telangana, and Access Livelihoods Consulting (ALC) were some of the prominent recruiters.
IRMA Anand offers several scholarships for SC, ST, and PwD category students under PGDRM programme. The types of scholarships include IRMA Merit-based Scholarship, Mirae Asset Foundation Scholarship, IDFC FIRST Bank MBA Scholarship, SC Scholarships, ST Scholarships, PM - YASASVI - OBC & others. Moreover, in IRMA Merit-based Scholarship, there are 20 merit-based scholarships worth INR 1.17 crore for the students of its flagship Post Graduate Diploma in Management (Rural Management). In this scholarship, out of the 20 scholarships, 10 would be given to the female students. Over 50% of the tuition fee is provided in this scholarship.
As per the latest report, a total of 98 recruiters participated during IRMA placements 2024 and offered a variety of job roles to the students across sectors, such as BFSI, IT, Education, FMCG, Consulting, and E-Commerce, etc.
IRMA Anand offers three basic courses, namely Post Graduate Diploma in Management (Rural Management), FPM (RM) and PGDM (RM-X). Apart from these courses, it also offers Management Development and Training programmes. At the PG level, the duration of the course is for two years. Moreover, at the doctoral level, the duration of the course is minimum of three years and a maximum of four-year. IRMA Anand also provides Management Development programme MDP programmes to the students. Additionally, the entrance exam accepted include CAT XAT IRMASAT.
Various agribusiness organisations such as the Gujarat Co-operative Milk Marketing Federation (GCMMF), ITC Agribusiness, Godrej Agrovet, Dabur India, Adani Wilmar, Cargill, etc. also participated in the process.
Other recruiters included banking, finance, and insurance companies such as Yes Bank, ICICI Bank, Axis Bank, IDFC Bank, Fullerton, Vivriti Capital, Northern Arc, Caspian Impact Investments, SBI General, Navadhan Capital, TVS Credit, IFFCO Tokio General Insurance, Arth Rural, along with several small finance banks also participated. The retail sector recruiters included More Retail and Reliance Retail.
The drive included recruiters from the consulting domain too. Companies such as Grant Thornton Bharat LLP, CMS, and Technopak Advisors were some of the top recruiters. From the AgTech domain, Reliance Jio, Grow Indigo, DeHaat, and Intello Labs, among others, also participated.
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Student Forum
Anything you would want to ask experts?Answered a month ago
Institute of Rural Management, Anand offers a large diversity of courses to students in Management field. IRMA Anand admissions are held on the basis of entrance tests. Students seeking course admissions must clear their previous qualifying examination and appear for any of the prescribed entrance e
A
Contributor-Level 10
Answered 4 months ago
The following table showcases the sector-wise total offers presented to the students of the PGDM RM batch 2024:
Sector | Number of offers Accepted (2024) |
|---|---|
BFSI | 101 |
Dairy | 63 |
Consulting | 20 |
Retail | 18 |
Agro Business | 16 |
Edtech | 11 |
FMCG | 7 |
Pharmaceuticals | 5 |
Manufacturing | 4 |
Others | 22 |
Total | 267 |
Contributor-Level 10
Answered 7 months ago
Candidates seeking admission to IRMA admission to the full-time Post Graduate Diploma in Management (Rural Management) must have a valid score in CAT. For IRMA cutoff 2024, the required cutoff percentile stood at 85 for the General AI category candidates. For the latest information regarding IRMA Un
Y
Contributor-Level 10
Answered 7 months ago
No, it is not possible to get admission with 75 percentile at IRMA. The IRMA cutoff 2024 for the General AI category candidates for CAT and XAT at a common percentile of 85.
A
Contributor-Level 7
Answered 8 months ago
A CAT percentile of approximately 85–90 is often required by the Institute of Rural Management Anand (IRMA) in order to have a high chance of being shortlisted for its Post Graduate Diploma in Rural Management (PGDRM) program. However, depending on variables including the volume of applications, the
N
Contributor-Level 9
Answered 9 months ago
Based on previous year cut-offs, your NMAT score of 82.95 percentile, along with your B.Sc in Agriculture and your 10th and 12th standard scores, makes you a competitive candidate for IRMA. Last year, the cutoff for the OBC (Non-Creamy) category was around 79 percentile for CAT scores. Given your st
A
Contributor-Level 10
Answered 9 months ago
Institute of Rural Management Anand (IRMA) has 60 seats reserved out of 240 seats for executive MBA. Admissions are accepted through entrance examinations like CAT /XAT or CMAT followed by a personal interview . Along with the entrance examination, candidate's educational background, academic achiev
A
Contributor-Level 10
Answered 9 months ago
As per the report, the the highest and average package during IRMA placements in 2024 stood at INR 31.16 LPA and INR 14.17 LPA, respectively. The participating recruiters placed 267 students and presented 322 placement offers to the PGDM (RM) batch 2024 participants. The key highlights of IRMA Anand
Contributor-Level 10
As per the stats, a total of 240 seats are reserved for IRMA Anand PGDM course. For more clarity, students can check the table presented below: