IIM Raipur Final Placement 2021: Average Salary at Rs.15.11 LPA for the large Batch of 245 Students; IT/ITES Emerges Top Recruiting Segment

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MBAUniverse.com News Desk |
June 17, 2021
IIM Raipur has completed 100% placement 2021 with 140 recruiters participating in the process and making offers to large batch of 245 students. Average salary in Placement 2021 at IIM Raipur stood at Rs. 15.11 LPA while the Highest Salary stood at Rs.30 LPA. 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 2021

140 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 2021 for PGP batch 2019-21 witnessed an overwhelming participation from previous recruiters along with a host of 60 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. Over 140 organizations recruited from the institute, with 60+ first time recruiters, offering coveted roles in Sales and Marketing, Financial Management, Operations and IT, Analytics and Consulting, and General Management.

With a 28% increase in the batch size, growing to 245 students,  IIM Raipur students registered 100% placements with high average salary package for the batch and high maximum salary despite all the pandemic situation. 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.  The IT/ITES sector recruited the highest number of students from IIM Raipur.

On the successful completion of placements despite the larger batch and pandemic situation, Prof. Bharat Bhasker Director , IIM Raipur said, “Against all odds, we continued delivering value to the students as well as to the corporates."  

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IIM Raipur Placement 2021: Highlights

  • Legacy of 100% Placement
  • Students Registered for Placement: 245
  • Students Placed: 245
  • Average Salary at Rs.15.11 LPA
  • Median Salary at Rs.14.80
  • Highest Salary at Rs.30 LPA
  • Average Salary for top 25% Students at Rs.20.61 LPA
  • Average salary for top 50% Students at Rs.18.53 LPA
  • 140 Total Recruiters
  • 60 New Recruiters
  • IT/ITES emerged as Top Recruiting Domain with 37% share in Placement
  • 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, Yokohama

IIM Raipur Awards MBA Degree Instead of Diploma
After implementation of IIM ACT 2017, IIM Raipur has started to confer MBA degree to its students of flagship 2 years PGP programme instead of Post Graduate Diploma. The PGP Batch 2019-21 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. 

Key Placement Trends
The large batch size at IIM Raipur was no deterrent in final Placement 2021. On the contrary IIM Raipur witnessed its regular recruiters coming back alongwith 60 new recruiters among 140 recruiting companies who participated in Placement 2021.

The institute continues to ride high on its strong relationship with the corporate from India and abroad, with organizations from different sectors expressing interest in recruitment. The batch of 2019-21 consisted of students from diverse academic backgrounds and work experience. The future leaders have proved their mettle at every opportunity presented to them.

Salary Offers: Placement Analysis
IIM Raipur has witnessed consistently high salary offers in each placement season. The outgoing batch of 2019-21 is no exception to it.  Below is shared last five years analysis of salary trends in campus placements:

Placement year
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
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

Top Recruiters
140 recruiters showed interest in the final placement process in 2021. The highlight of the season was the participation of 60 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 2021 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, Yokohama among others

Sector -wise Placement
IT/ITES emerged as the largest recruiting sector of this season absorbing almost a third of the batch followed by BFSI. Apart from retaining the previous recruiters, IIM Raipur is able to add many new and prominent names to its list of corporate partners coming from various sectors such as Hospitality, Manufacturing, Food and Beverages, Education, Logistics, and Media. 

While the IT/ITES sector recruited the highest number of 37% students offering a highest salary of Rs. 28.80 LPA and an average salary of Rs. 14.50 LPA, BFSI came next with 18% share in placement at an average salary of Rs. 16.49 LPA followed by 14% share of Strategy and Consulting sector which provided an average salary of Rs. 18.43 LPA. Manufacturing with 10% share in placement and FMCG with 5% share in placement came next with average offers of Rs. 12.83 LPA and Rs. 14.79 LPA respectively. Other sectors contributed 16% share in placement 2021. The 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.

Placement by Function
IIM Raipur  recruitments show a good variety in the offers made concerning different functions. With Sales and Marketing leading the way in the number of roles offered, Analytics and Consulting came next closely followed by Operations & IT and General Management.

34%  share in placement 2021 was of Sales & Marketing function followed by 22%  share of  Analytics & Consulting. 22% students were offered roles in Operations & IT function and 12% in General Management, while 10% students were offered roles in Financial Management.

Prof Satyasiba Das Chairman, Corporate Relations and Placement  at IIM Raipur said, "Despite the pandemic, we had a well-distributed and stable recruiting that was diverse across sectors and enriching for the students."

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 Academic Diversity

Academic Discipline
Percentage of students in the batch
Arts
2%
Commerce/Accounting
8%
Engineering
82%
Science
3%
Management
4%
Medical/Pharmacy
1%
Total
100%

Diversity of Work Experience
PGP 2019-21 batch at IIM Raipur has an Average work Experience of 22 months. Percentage of students with range of work experience is shared below

Range of Work Experience
Percentage of students in the PGP 2019-21 batch
0-11 Months
33%
12-23 Months
15%
24-35 Months
33%
36+ Months
19%

Gender Diversity
IIM Raipur is consistently improving gender diversity in its PGP batch. The gender diversity for the PGP 2019-21 batch is given below:

  • Male: 85%
  • Female: 15%

Indian Institute of Management (IIM) Raipur is headed by the Director, Prof Bharat Bhaskar who has a wide experience in academics and administration. 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