This year, the average salary package for the batch increased to ₹ 15.20 LPA.
IIM Raipur Placements 2020: Indian Institute of Management (IIM) Raipur recently announced the successful completion of its final placement for the MBA 2018-20 batch. According to the official placement report released by IIM Raipur, more than 150 companies recruited from the institute, with 50 plus first-time recruiters, offering coveted roles in Sales and Marketing, Financial Management, Operations and IT, Analytics and Consulting, and General Management.
The IIM Raipur placement report also talks about the increase in the average salary package that the 2020 placement drive witnessed. The business institute in its report states, “Growing by nearly 5%, the average salary package for the batch increased to ₹ 15.20 LPA. Also, demonstrating a well-balanced distribution of recruiting, the median salary stands at ₹ 14.78 LPA. With the highest package reaching ₹ 46 LPA, the top 25% bagged an average package of ₹ 21.28 LPA marking an increase of nearly 15% over the previous year. The offers are spread out across diverse sectors such as BFSI, Strategy and Consulting, IT/ ITES, Manufacturing, FMCG/FMCD, and ECommerce among others.”
IIM Raipur Placement 2020: Key Highlights
- Total number of students registered- 191
- Total number of offers received- 150+
- Total number of new recruiters- 50+
- Highest CTC recorded this year- ₹ 46,00,000/-
- Average CTC recorded (among 25%)- ₹ 21,28,372/-
- Average CTC recorded (among 50%)- 18,72,044/-
- Highest domestic salary recorded- ₹ 28,12,236/-
This year, the IIM Raipur talents received maximum job offers from the BFSI sector offering the highest of ₹ 24.06 LPA and an average of ₹ 16.46 LPA. According to the institute, “Strategy and Consulting came next with an average of ₹ 16.40 LPA followed by IT/ITES which provided an average of ₹ 14.11 LPA, while Manufacturing, FMCG and E-Commerce came next with average offers of ₹ 13.03 LPA, ₹ 18.03 LPA and ₹ 19.54 LPA respectively.”
The management institute further adds, “Strong faith exhibited by the previous as well as the new recruiters in the students of IIM Raipur during the Final Placement process has reinforced the growth of IIM Raipur's reputation. We thank all the stakeholders involved including the recruiters, faculty members, alumni, students, and staff for ensuring such a laudable completion of the Final Placement Season this year.”
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