IIM Nagpur Completes Final Placement 2022: Registers 100% placement with Average Salary at Rs.15.21 LPA – a 15.12% Rise; Amazon, Cognizant, Deloitte hire big

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MBAUniverse.com News Desk |
November 2, 2022
IIM Nagpur has completed final placement 2022 for the 6th MBA batch 2020-22 as early as on December 15, 2021. Achieving yet again 100% placement, IIM Nagpur has registered 15.12% rise in average salary which has gone up at Rs.15.21 LPA and 18.62% rise in median salary which has gone up at Rs.15.42 LPA. Consulting & IT emerged as the most sought-after sectors, followed by BFSI & FMCG/FMCD, with more than 80 percent of the batch opting for companies in these sectors
IIM Nagpur placement 2022

IIM Nagpur has concluded the final Placement 2022 for its 6th largest batch of students enrolled in its flagship MBA 202-22 peogramme comprising 204 students. IIM Nagpur once again achieved 100% placement as early as on the 15th December 2021. The current batch, which was the first to adapt to a hybrid mode for academics, successfully accomplished campus placements over virtual mode.

IIM Nagpur could close the placements for this year almost two and a half months earlier than last year. Recruiters across various sectors like Consulting, BFSI, FMCG, Consumer Durables, Ed-Tech, E-Commerce, Analytics, and Logistics participated in Placement 2022. Average, median and highest salary at IIM Nagpur has gone up substantially this year as compared to last year.

On completion of 100% Placement 2022, Prof Bhimaraya Metri , Director IIM Nagpur said,  "IIM Nagpur, the fastest-growing IIM, is uniquely located in the heart of the Industrial hub at the central point of India. IIM Nagpur’s ecosystem has once again proved "Make -A-Difference" is the only way to grow faster than fast.”  

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IIM Nagpur Placement 2022: Highlights

  • Records 100% Placement 2022 as early as on December 15, 2021
  • Placement process conducted virtually
  • Highest Salary has gone up at Rs.31.54 LPA in Placement 2022 from Rs.19.20 LPA last year
  • Average Salary Up at Rs.15.21 LPA in Placement 2022, an increase of 15.12% from last year which was Rs.13.21 LPA
  • Median Salary Up at Rs.15.42 LPA, an increase of 18.62% in 2022 from Rs.13 LPA last year
  • Average Salary for Top 50% Students stood at Rs.17.21 LPA
  • Average Salary for Top 10% Students stood at Rs. 22.19 LPA
  • Top Profiles Offered included Management Consulting, Product Management, Risk advisory, Key Account Management, Retail Banking, Supply Chain consultant, International Banking, New Product Development
  • 31 First Time Recruiters including Swiggy, IBM, Dell Technologies, Moodys, ICICI Bank, Yum Brands, Cognizant, Capgemini, Mswipe, Amazon, India Mart, HDFC Bank, TVS Motors
  • Largest ever batch size of 204 students participated in Placement 2022
  • 80% batch recruited by Consulting, IT, BFSI & FMCG/FMCD sectors
  • The most preferred roles among students were IT and analytics, followed by the roles in Strategy and Consulting, Marketing, Finance, and Operations.
  • Consulting and IT & Analytics Cohort witnessed maximum offers with 52.28% of the students opting for these roles
  • Top recruiters include Amazon, Cognizant, Deloitte, Bank of New York Mellon, ICICI Bank, ZS Associate, Microsoft, Salesforce, Accenture, IBM, TVS Motors, DHL, L&T, Hexaware, Tech Mahindra among others

Key Placement Trends
This is the 6th MBA batch at IIM Nagpur passing out in 2022. The 1st batch at IIM Nagpur passed out in 2017 and right from the beginning, Industry has offered high placement packages at IIM Nagpur:

Final Placement Year
Average Salary (Rs. in Lakhs)
Highest Placement (Rs.in Lakhs
2022 (6th Batch) 15.21 31.54
2021 (5th Batch)
13.21
19.20
2020 (4th Batch)
13.10
40
2019 (3rd Batch)
12.35
20
2018 (2nd Batch)
12.10
19
2017 (1st Batch)
13.05
NA

Most Sought After Domains in Placement 2022
Strategy & Consulting followed by IT Analytics were the most sought after roles by the students. Apart from these, the students were offered prominent roles in Marketing, Finance, and Operations domains.

Top Profiles Offered in IIM Nagpur placement 2022 included  Strategy & Management Consulting, Research & Advisory, Program Manager, Team Lead, Sr Consultant, Senior Analyst, Product Management, Project Manager, Key Account Management, Growth Hacker, Decision Analytics Consultant, Supply Chain.  IT Analytics & Consulting Cohort witnessed maximum offers with 56% of the students opting for these roles.

Prof Nilesh Gupta- Chairperson Career Development Services at IIM Nagpur said, “Outstanding performance of the students for the second successive year is an acknowledgment of the effort and training put by the students and the faculty of IIM Nagpur. The effort from all corners of the institute has enabled us to have one of our most fruitful years. The continued vote of confidence from the recruiters is a validation of the learning environment at IIM Nagpur” 

Top Recruiters
The final placement process for IIM Nagpur witnessed marquee recruiters, including many first-time participants, making a beeline to recruit the best available talent from the campus.

IIM Nagpur witnessed participation from organizations like Amazon, Cognizant, Deloitte Consulting, Bank of New York Mellon, ICICI Bank, ZS Associate, Microsoft, Salesforce, Accenture Technology, IBM, TVS Motors, DHL, L&T Infotech, Hexaware Technologies, TechMahindra, ADP, Crompton Greaves, Indus Valley Partners, VGuard, Capgemini, HCL Technologies, Mindtree, Byju's, NCR Corporation, Utkarsh Bank, Collebra, Monster, IndiaMart, among many others.

31 First Time Recruiters in Placement 2022
This year IIM Nagpur also witnessed participation from 31 first-time recruiters. Some of the prominent new companies that participated in placement 2022  included Swiggy, Cognizant, IBM, Dell Technologies, Moody’s, Capgemini, ICICI Bank, Indus Valley Partners, Anand Rathi, Dell, ADP

Top Recruiting Sectors
The season saw participation from sectors like Consulting & IT which emerged as the most sought-after sectors, followed by BFSI & FMCG/FMCD, with more than 60 percent of the batch opting for companies in these sectors. The current year also witnessed participation from Logistics, E-Commerce, Conglomerate, Ed-Tech, with more than 15 percent of the batch choosing profiles in these sectors

IIM Nagpur started functioning with the launch of its1st PGP batch 2015-17 with a sanctioned intake of 60 students. For the 6th batch, IIM Nagpur has increased intake to 204 students. After passing of IIM Bill 2017, the Post Graduate Programme (PGP) in Management at IIM Nagpur now leads to award of MBA degree instead of diploma.

IIM Nagpur Shortly Moving to New Campus
IIM Nagpur permanent campus is under construction and will be ready shortly. At present, IIM Nagpur is located within the campus of VNIT Nagpur. The construction of its new 132 Acre campus has started on March 6, 2019. The ceremony had flagged off the first phase of the development of IIMN’s permanent campus at Dahegaon Mauza in MIHAN. The new campus is designed to cater to 600 students. The campus has been designed to minimise the environmental footprint while facilitating learning both inside and outside the classroom. Phase 1 has a built-up area of approximately 60,000 sq. Mtrs.

IIM Nagpur new campus will include the construction of a state-of-the-art academic complex, library, administrative block, student hostels, sports complex, and residential quarters. The campus will also house a Management Development Centre for the institute’s Executive Education Programmes (EEP) and IIM Nagpur’s entrepreneurship incubation centre, InFED, in addition to allied infrastructure.

Stay tuned to MBAUniverse.com for more updates on IIM Nagpur