IIM Nagpur Final Placement 2021: Average Salary Up at Rs.13.21 LPA; Consulting hires 32% students; Accenture, Bain & Co, Deloitte hire big

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MBAUniverse.com News Desk |
September 6, 2021
IIM Nagpur has recorded modest rise in average and median salary in placement 2021 for its MBA 2019-21 batch. Despite the uncertainty faced this year, the Average salary has gone up at Rs.13.21 LPA from Rs.13.10 LPA last year. IIM Nagpur has concluded final placement 2021 for its 5th batch, keeping intact its record of 100% placement. Consulting emerged as the top recruiting sector with 32 percent offers.
IIM Nagpur placement 2021

IIM Nagpur concluded the final Placement 2021 for its fourth batch of students enrolled in its flagship MBA 2019-21 batch popularly known as Post Graduate Programme in Management (PGP 2019-21) with higher average and median salary for the batch and keeping the legacy of 100% placement record. With the largest batch of 121 students who appeared for the final placement process this year, IIM Nagpur once again achieved 100% placement on the 4th March 2021.

IIM Nagpur completed the placement 2021 virtually and the students successfully adapted to the virtual mode of campus placements. Despite the uncertainty faced this year, IIM Nagpur has witnessed an increase in the average CTC & median to Rs.13,21,000 & Rs.13,00,000, respectively in the Campus Placement 2021. This year also witnessed participation from 41 first-time recruiters.  

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IIM Nagpur Placement 2021: Highlights

  • 100% Placement for the large batch of 123 students
  • Average Salary Up at Rs.13.21 LPA in 2021 from Rs.13.10 LPA last year
  • Median Salary Up at Rs.13 LPA in 2021 from Rs.12.55 LPA last year
  • Highest Salary in Placement 2021 stood at Rs.19.20 LPA
  • Average package for top 50% was Rs.15.53 LPA
  • 32% Batch was recruited by Consulting
  • Top Recruiters include Bain & Co., BNY Mellon, Accenture, Arcelor Mittal, DHL, Deloitte, Dalmia Bharat, Tata Power, TVS, ZS Associates, L&T InfoTech, Crompton Greaves, IQVIA, HCL, Magicbricks, Tresvista & Urban Company.
  • 41 New Recruiters participated in placement 2021 season

Key Placement Trends
This is the 5th PGP (MBA) batch at IIM Nagpur passing out in 2021. The 1st batch at IIM Nagpur passed out in 2017 and right from the beginning, Industry has offered high placement packages to IIM Nagpur students

Final Placement Year
Average Salary (Rs. in Lakhs)
Highest Salary (Rs.in Lakhs)
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

Top Recruiters
The final placement process for IIM Nagpur witnessed large number of recruiters, including 41 first-time participants, making a beeline to recruit the best available talent from the campus.

IIM Nagpur witnessed participation from organizations like Bain & Co., BNY Mellon, Accenture, Arcelor Mittal, DHL, Deloitte, Dalmia Bharat, Tata Power, TVS, ZS Associates, L&T InfoTech, Crompton Greaves, IQVIA, HCL, Magicbricks, Tresvista & Urban Company, Xiaomi, Sula, NCR Corporation, Salesforce, Utkarsh Bank, Zypp Electric, Accolite among many others.

Top Recruiting Sectors
Recruiters from across various sectors like Consulting, BFSI, FMCG, Consumer Durables, Ed-Tech, E-Commerce, Analytics, and Logistics made placement offers to IIM Nagpur students.  Consulting & IT 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.

Most Sought After Domains in Placement 2021
Sales & Marketing with 37% share in placement followed by General Management with 22% share and Strategy and Consulting with 15% share were the top domains in IIM Nagpur placement season 2021.

Top Profiles and Roles
Placement 2021 at IIM Nagpur witnessed participation from Logistics, E-Commerce, Manufacturing, Ed-Tech, with more than 20 percent of the batch choosing profiles in these sectors. Strategy Consulting and Analytics were the most sought-after roles by the students.  Apart from these, roles in Marketing, Finance, and Operations were offered to the students.

Top Profiles Offered to the students included -  Management Consulting, Research and Advisory, Brand Management, Key Account Management, Fixed Income Research, Retail Banking, Supply Chain, Product Management among others.

IIM Nagpur started functioning with the launch of its1st PGP batch 2015-17 with a sanctioned intake of 60 students. For the 5th batch, IIM Nagpur had increased intake to 123 students. After passing of IIM Bill 2017, the Post Graduate Programme (PGP) in Management at IIM Nagpur will lead 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 at DahegaonMauza 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