IIM Raipur Placement 2022: Completes 100% Placement with 17% Hike in Average Salary at Rs.17.73 LPA; Highest Salary Up by 40% at Rs.42.15 LPA

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MBAUniverse.com News Desk |
April 23, 2022
IIM Raipur has completed 100% placement 2022 with 17% hike in average salary which has gone up at Rs.17.73 LPA in 2022 from Rs.15.11 LPA Last year, while highest salary witnessed a jump of 40% at Rs.42.15 LPA in 2022 from Rs.30 LPA last year. 110 recruiters participated in the process and made offers to the large 2020-22 batch of 252 students. IT/ITES has recruited highest number of students. IIM Raipur awards MBA degree instead of PG Diploma to the students of its flagship PGP programme
IIM Raipur Placement 2022

110 Companies from varied domains reinstated their belief in IIM Raipur, owing to the diversity in academic background and work experience of the students. Backed by strong industrial relations, the placement season of 2022 for PGP batch 2020-22 witnessed an overwhelming participation from previous recruiters along with a host of new recruiters vying for some of the country’s best minds at IIM Raipur despite the grim Covid pandemic situation and economic slowdown. The students of IIM Raipur have been successful in attracting industry stalwarts indicated by the variety of offers secured.

The Indian Institute of Management Raipur has successfully completed Final Placements for its PGP 2020-22 batch. The participating batch of 252 students witnessed over 110+ recruiters taking part in the campus recruitment process. The students were offered various coveted roles in the areas of Finance, Sales and Marketing, Strategy & Consulting, Operations, General Management and HR.

IIM Raipur students registered 17% growth in average salary and 40% hike in highest salary. Demonstrating a well-balanced distribution of recruiting, the offers were spread out across diverse sectors such as BFSI, Strategy and Consulting, IT/ITES, Manufacturing, FMCG/FMCD, and E-Commerce among others.  On the successful completion of placements despite the larger batch and pandemic situation, Prof Ram Kumar Kakani, Director, IIM Raipur said, “We were able to diversify our recruiting base into all sectors of the economy. The offers are well spread out across sectors with Consulting, Banking Financial Services & Insurance Sector (BFSI), Manufacturing, IT/ITES, Analytics, Education, Advertising, and Healthcare accounting for most of the offers.” 

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IIM Raipur Placement 2022: Highlights

  • Legacy of 100% Placement
  • Students Registered for Placement: 252
  • Students Placed: 252
  • Average Salary up by 17% at Rs.17.73 LPA in 2022 from Rs.15.11 LPA last year
  • Median Salary goes up at Rs.16.95 LPA in 2022 from Rs.14.80 LPA last year
  • Highest Salary goes up by 40% at Rs.42.15 LPA in 2022 from Rs.30 LPA last year
  • Average Salary for top 25% Students up at Rs. 24.01 LPA in 2022 from Rs.20.61 LPA last year
  • Average salary for top 50% Students up at Rs.21.02 LPA in 2022 from Rs.18.53 LPA last year
  • 110 Total Recruiters
  • Strategy & Consulting emerged as Top Recruiting Sector
  • Top Recruiters Include Accenture, Axis Bank, BYJU'S,  Cognizant,  Deloitte, Ernst & Young, Genpact, HCL Technologies, IBM, ICICI Bank, Infosys, L&T, LatentView, Mindtree, Mu Sigma, TAS, Tech Mahindra, TresVista, Vedanta, Xiaomi, Yes Bank

IIM Raipur Placement Trends
The large batch size at IIM Raipur was no deterrent in final Placement 2022. On the contrary IIM Raipur witnessed its regular recruiters coming back alongwith new recruiters among 110 recruiting companies who participated in Placement 2022. The institute continues to ride high on its strong relationship with the corporate, with organizations from different sectors expressing interest in recruitment. The batch of 2020-22 consisted of students from diverse academic backgrounds and work experience. The future leaders have proved their mettle at every opportunity presented to them.

IIM Raipur Placements 2022 Analysis: Salary Trends
IIM Raipur has witnessed consistently high salary offers in each placement season and the placement records of IIM Raipur have steadily improved in the last five years. The outgoing batch of 2020-22 is no exception to it.  Below is shared last six years analysis of salary trends in campus placements:

Placement year
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
2022
17.73
42.15
2021
15.11
30.00
2020
15.20
46.00
2019
14.53
24.06
2018
12.45
22.05
2017
13.20
27.20

IIM Raipur placement

Source: IIM Raipur

Top Recruiters
110 recruiters showed interest in the final placement process in 2022. The highlight of the season was the participation of new recruiters with whom the institute anticipates building a sustainable relationship. The Institute’s legacy of being a preferred destination for the corporate for talent acquisition, continues to be the characteristic feature of the fast-growing IIM Raipur.

Some of the top recruiters who made offers in IIM Raipur Placement 2022 include Accenture, Amara Raja Group, Anand Rathi, Ashirvad Pipes, Asian Paints, Axis Bank, BYJU'S, ClearTax, Cognizant Deloitte USI, DishTV, DS Group, Ernst & Young, Forsys Software, Genpact, HCL Technologies, Hero Motocorp, Hindware, IBM, ICICI Bank, ICICI Prudential, IndiaMart, Infosys, L&T, LatentView, Mindtree, Mu Sigma, Royal Enfield, TATA Advanced Systems, TATA AIG, Tata Elxsi, TATA Steel, Tech Mahindra, TresVista, TVS, Vedanta, Virtusa, Xiaomi, Yes Bank among others

Sector -Wise Placement
IIM Raipur was able to diversify its recruiting base into all sectors of the economy in placement 2022. The offers are well spread out across sectors with Consulting, Banking Financial Services & Insurance Sector (BFSI), Manufacturing, IT/ITES, Analytics, Education, Advertising, and Healthcare accounting for most of the offers.

The highest number of students were recruited in Strategy & Consulting sector with an average salary and maximum salary of Rs 18.37 LPA and Rs 32.21 LPA, respectively. IT/ITES was the second-highest recruiting sector with Rs 17.74 LPA average salary and maximum salary offered at 42.15 LPA. BFSI sector was the third largest recruiter with Rs 18.19 LPA and Rs 23.5 LPA as average and maximum compensation.  Key sectors in which placements are made with salary packages at IIM Raipur are shared below:

 Sector
Average Salary
Highest Salary
Strategy & Consulting
18.38 LPA
32.21 LPA
BFSI
18.20 LPA
23.50 LPA
IT/ITES
17.75 LPA
42.15 LPA
FMCG/FMCD
17.38 LPA
18.50 LPA
Manufacturing
16.56 LPA
20.40 LPA

IIM Raipur Placements by Domain
IIM Raipur  recruitments show a good variety in the offers made concerning different functions. While the strongest pool of recruiters came from the prominent sector of Analytics and Consulting, offering an average salary of Rs 18.15 LPA and a compensation of Rs 32.21 LPA on the high end, IIM Raipur effectively retained all the major recruiters with many new recruiters joining in for campus placements. Sales and Marketing came second with an average salary of 17.48 LPA and the highest salary of Rs 31.90 LPA. Financial Management & Operations came next with average offers of Rs. 16.72 LPA, and Rs. 18.64 LPA, respectively. Students were also offered General management roles with Rs 16.29 LPA on average.

Domain
Average Salary
Highest Salary
Operations & IT
18.65 LPA
42.15 LPA
Analytics & Consulting
18.15 LPA
32.21 LPA
Sales & Marketing
17.49 LPA
31.90 LPA
Financial Management
16.72 LPA
23.50 LPA
General Management
16.29 LPA
20.40 LPA

Expressing his gratefulness towards the Director, placement team, the faculty placement committee, recruiters, all faculty colleagues, administration, students of PGP 2020-22, alumni, service providers, and all stakeholders associated with CDPO for their valuable support and contribution,  Prof. Satyasiba Das, Chairman, Corporate Relations and Placement, IIM Raipur said, “ A diverse talent pool, strong alumni support, and the recruitment partners who demonstrated their faith in IIM Raipur and its legacy were factors that supported our successful recruitment process.”

IIM Raipur Awards MBA Degree Instead of Diploma
After implementation of IIM ACT 2017, IIM Raipur has started conferring MBA degree to its students of flagship 2 years PGP programme instead of Post Graduate Diploma. The PGP Batch 2020-22 at IIM Raipur is also awarded MBA degree. It will help the passing out students to explore higher education opportunities in International Universities who require MBA degree in place of diploma. 

IIM Raipur: Diverse Batch
Coming from varied backgrounds, the PGP batch at IIM Raipur comprises of students from various disciplines and has a broad range of work experience across diverse industries. The college has seen an increase in the number of recruiters, adding to the several reputed brands associated with the institute which shows the trust and faith that the organizations have bestowed upon the quality of IIM Raipur. The academic rigor, enthusiasm, discipline & business acumen of the candidates have ensured that IIM Raipur maintained its position as the most sought- after campus for the future corporate leaders.

IIM Raipur was set up by the Government of India, Ministry of Human Resource Development in 2010 at Raipur, the capital of Chhattisgarh. Chhattisgarh is one of the fastest growing states of India with its rich mineral, forest, natural and local resources. IIM Raipur has shifted to its new campus located over 200 acres of land allotted to it by the Government of Chhattisgarh at Naya Raipur. The new campus is a state-of-the-art campus presenting a blissful mix of modern architecture, culture & heritage of Chhattisgarh

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