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.”
IIM Nagpur Placement 2023: Key Highlights
- Completes Placement 2023 as early as on December 28, 2022
- Highest Salary has gone up at Rs.64 LPA in Placement 2023 from Rs.31.54 LPA last year
- Average Salary Up at Rs.16.74 LPA in Placement 2023, an increase of 10.05% from last year which was Rs.15.21 LPA
- Median Salary Up at Rs.16.85 LPA in 2023 from Rs.15.42 LPA last year
- Roles Offered included Strategy Consulting & Analytics, Sales & Marketing, Finance, and Product Management, followed by roles in General Management.
- 100+ Companies participated in Placement 2023
- IT/ITES & BFSI emerged as the most sought-after sectors, followed by Consulting, with more than 70 percent of the students opting for the companies in these sectors
- Top recruiters include Accenture, Microsoft, Adani, ICICI Bank, Bank of America, BNY Mellon, Indus Valley Partners, ADP, Mahindra & Mahindra, Yes Bank, KPMG, Deloitte, Infosys, IBM, HCL Tech, TVS Motors, Loreal, Juspay, HDFC Bank
IIM Nagpur: Key Placement Trends
This is the 7th MBA batch at IIM Nagpur passing out in 2023. 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 per annum)
|
Highest Placement (Rs.in Lakhs per annum)
|
|
2023 (7th Batch)
|
16.74
|
64.00
|
|
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 2023
IT/ITES & BFSI emerged as the most sought-after sectors, followed by Consulting, with more than 70 percent of the students opting for the companies in these sectors. The most preferred roles were those in Strategy Consulting & Analytics, Sales & Marketing, Finance, and Product Management, followed by roles in General Management.
Prof Nilesh Gupta- Chairperson Career Development Services at IIM Nagpur said, “IIM Nagpur students have won prestigious corporate competitions this year and have been able to convert their dream roles into reality. This has been possible only due to the unique learning environment created at the institute by our faculty and administration."
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 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. IIM Nagpur new campus includes 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.
Mentored by IIM Ahmedabad, IIM Nagpur started functioning with the launch of its1st PGP batch in 2015 with a sanctioned intake of 60 students. For the 7th batch, IIM Nagpur has increased intake to more than 200 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.
Stay tuned to MBAUniverse.com for more updates on IIM Nagpur
