IIM Rohtak Placement 2023: Average Salary Up by 17% at Rs.18.73 LPA; 120 Recruiters Make offers to 237 Students – Completes 100% Placement in Short Time

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MBAUniverse.com News Desk |
March 10, 2023
IIM Rohtak has wrapped up final placement 2023 for PGP 2021-23 batch with higher salary packages achieving yet again 100% placements. Average salary has gone up by 16.7% at Rs.18.73 LPA from Rs.16.06 LPA last year. Highest salary too has shot up at Rs.36 LPA from Rs.32 LPA last year. 120+ Companies extended placement offers to 237 students. Consulting and General Management emerged as the biggest recruiting sector with 45 percent offers
IIM Rohtak Placement 2023

IIM Rohtak has yet again successfully completed 100% placements for its 12th Batch of flagship Post Graduate Programme (PGP) 2021-23 in record time with higher salary packages. While the average salary has gone up by 16.7% at Rs.18.73 LPA, the highest salary has gone up by 12.5% at Rs.36 LPA.

Commenting on the successful Placement 2023, Prof Dheeraj Sharma, Director, IIM Rohtak said, “Institute adopts a strong and intensive corporate interaction process for its students, including leadership lecture series, live projects, industrial visits, management summits, workshops, and certification programs. All these activities continued this year as well in blended mode that provided the students with expertise and knowledge of the business environment that helped them prepare better for their future jobs. Our overall emphasis has been on the all-around growth and development of IIM Rohtak students.”

IIM Rohtak witnessed more than 120 recruiters participating in Placement 2023 for the large batch size of 237 students. The number included 45 new companies marking an increase in number of recruiters. This year also witnessed a steep increase in the number of PPOs & PPIs offered to the students, with a rise of 65% over last year. 

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IIM Rohtak PGP Placements 2023: Highlights

  • Average Salary goes up by 16.7 % at Rs.18.73 LPA in Placement 2023 from Rs.16.06 LPA last year
  • Highest Salary goes up by 12.5% at Rs.36 LPA in Placement 2023 from Rs.32 LPA last year
  • Median Salary has gone up at Rs. 17.50 LPA
  • PPOs Received: 37
  • No. of Recruiters up at 120+ in Placement 2023 from 80 Recruiters last year
  • Size of 2021-23 Batch increased to 237 students from 233 students for 2020-22 batch
  • 45 new recruiters participated in Placement 2022
  • Average Salary for Top 10% Batch has gone up at Rs.34.658 LPA in 2023 from Rs 25.35 LPA last year
  • Average Salary for Top 25% Batch has gone up at Rs.28.15 LPA in 2023 from Rs.21.59 LPA last year
  • Average Salary for Top 50% Batch has gone us at Rs. 22.64 LPA in 2023 from Rs.19.16 LPA last year
  • Top Recruiting Domains are Consulting and General Management with 24% and 21% Placements respectively
  • Top Recruiters include Accenture, Aditya Birla, Tata Steel, Amazon, Bain Capability Network, Capgemini, Cognizant, ICICI Bank, GAIL, AB InBev, Axis Bank, Barclays, Kotak Mahindra Bank, Samsung, Wells Fargo among others

IIM Rohtak PGP 2021-23 Batch Profile
In the year 2021-23, Indian Institute of Management Rohtak welcomed its 12th batch of the Post Graduate Programme in Management (PGP). The PGP Class of 2023 comprises 237 students, with 158 female and 79 male students having an average work experience of 19 months. The academic diversity of the batch is skewed maximum toward Commerce and Engineering. Marketing & Strategy was the most sought-after specialization of the students, followed by Finance.

IIM Rohtak 2021-23 Batch profile

  • Batch Strength: 237
  • Gender Diversity: 1:2 (67% Female Students; 33% Male Students)
  • Students with Work Experience: 29%
  • Freshers: 71%
  • Average Work Experience: 19 Months (Work experience range is less than 12 Months to more than 36 months)

Academic diversity in the Batch
Out of 237 students, following are the major constituents in Academic Diversity

Key Academics
Percentage of students in the batch
Commerce Graduates
37%
Engineering Graduates
35%
Science Graduates
17%
Arts & Others
11 %
Total
100%

General Management, Consulting, were the most sought-after domains. The curriculum, pedagogy at IIM Rohtak is as per Industry demand and is making students industry ready.

IIM Rohtak Placement trends
IIM Rohtak is one of the front runners among 6 new IIMs that have concluded its final placement process for the class 2021-23. The institute has witnessed participation of more than 120 recruiters with 45 new recruiters making offers across varied domains and recording again 100% placement. Last six years placement trends at IIM Rohtak are:

Placement year
Average Placement (Rs. in lakhs)
Highest Placement (Rs. in lakhs)
Placement 2023
18.73
36.00
Placement 2022
16.06
32.00
Placement 2021
13.74
22.80
Placement 2020
13.70
24.00
Placement 2019
11.85
24.13
Placement 2018
11.70
30.00
Placement 2017
12.30
25.90

Top Recruiters
Among the 120+ recruiters there were 45 new companies that participated in IIM Rohtak final placement 2023. This year, IIM Rohtak forged new alliances with new recruiters like GAIL, AB InBev, Axis Bank, Barclays, Kotak Mahindra Bank, Samsung, and Wells Fargo among others. Loyal recruiters like Accenture, Aditya Birla, Tata Steel, Amazon, Bain Capability Network, Tata Steel, Capgemini, Cognizant, ICICI Bank, Mahindra & Mahindra, OfBusiness, and Yes Bank among others, continued to impose faith in the ability of IIM Rohtak students. This year also witnessed a good number of Pre Placement offers being given by various recruiters.

IIM Rohtak Placement

Sector wise Placements
IIM Rohtak emerged as the preferred campus for BFSI and Finance sector offering various roles in Wealth Management, Risk Management, Investment Management, and Relationship Management. Several loyal recruiters, like Accenture, Capgemini, Cognizant, ICICI Bank, OfBusiness, and Tata Steel, among others continued to make multiple offers. The institute formed new associations with top companies in their respective sectors like AB InBev, Anand Group, Cyfuture, GAIL, Kotak Mahindra Bank, Wells Fargo and other known brands.

IIM Rohtak Placement

IIM Rohtak Function-Wise Placements 2023
Consulting and General Management were the most sought-after domains with over 24% and 21% of the batch being recruited in each these domains respectively. This has been observed due to the diversified pool of student talent at IIM Rohtak that catered to the wide range of profiles required by the industry. Also, it increased its diversity in course offerings. IIM Rohtak had the privilege of associating with some of the biggest names across multiple industry domains in the final placements 2023. Also, there was a substantial rise in number of offers for some of the most sought after profiles in country. More companies visited IIM Rohtak for placement in 2023 making more offers in different industry sectors.

Consulting: 24% Share in Placements 2023
IIM Rohtak strengthened its position with 24% of the offers received in Consulting. Various roles like Business Analyst and Associate Consultant were offered by industry leaders

  • Highest Salary: Rs.32.21 LPA
  • Average Salary: Rs.16.58 LPA
  • Top Recruiters: Accenture, Bain Capability Network, Cognizant, Deloitte, Gartner, EY, Genpact, TheMathCompany, and others.

General Management: 21% Share in Placements 2023
Marquee organisations like Amazon, Bombay Shaving Company, ICICI Bank, Reliance Retail, Samsung, and UltraTech Cement continued to strengthen their trust in IIM Rohtak students, with 21% of the offers made in this domain.

  • Highest Salary: Rs.19.05 LPA
  • Average Salary: Rs.17.08 LPA
  • Top Recruiters: Amazon, Bombay Shaving Company, Cogoport, ICICI Bank, ICICI Lombard, Reliance Retail, Samsung, UltraTech Cement among others

Sales & Marketing: 21% Share in Placement 2023
Sales and Marketing continued to make one of the highest salary offering domains and remained the top choice with 21% of the offers received. New recruiters like AB InBev, Anand Group, Cyfuture, and GAIL bestowed their faith in the legacy of IIM Rohtak.

  • Highest Salary: Rs.36 LPA
  • Average Salary: Rs.19.90 LPA
  • Top Recruiters: AB InBev, Amul, Bluestone, Aditya Birla, Anand Group, Cyfuture, GAIL, Hero, ICICI Prudential, Schindler, Titan, Zeiss among others

Finance: 19% Share in Placements 2023
IIM Rohtak students received 19% of the offers in Finance, which included the BFSI and FinTech domains. New associations were also established with top recruiters such as Barclays, RBL Bank, SBI Capital Markets, and Wells Fargo.

  • Highest Salary: Rs.24 LPA
  • Average Salary: Rs.15.82 LPA
  • Top Recruiters: Axis Bank, Anand Rathi, Barclays, HDFC Bank, NatWest, RBL Bank, SBI Capital Markets, Tresvista, Wells Fargo, Yes Bank among others

IT/Operations/Product Management: 15% Share in Placements
IT, Operations, and Product Management roles continued to be a domain of choice for the IIM Rohtak students, with 15% of the offers received from corporate leaders

  • Highest Salary: Rs.35.51 LPA
  • Average Salary: Rs.22.63 LPA
  • Top Recruiters: Amazon, CapGrid, ElasticRun, EXL, IDFC First Bank, Indiamart, Infosys, NPCI, RetailEZ, Wakefit among many others.

Attributing the success of Placements 2023 season to all stake holders, Director of IIM Rohtak said, “Foremostly, we would like to express heartfelt gratitude to our loyal recruiters who have continued to lay faith in the capabilities of our students at IIM Rohtak. This placement season, the campus saw an overwhelming increase in the number of new recruiters and PPOs offered owing to the merit and diverse demography of the students. The Committee would also like to thank its extensive Alumni network and the Placement Officials for their continuous guidance and support throughout the Placement Season.”

The 12th PGP 2021-23 batch at IIM Rohtak successfully availed opportunities across diversified profiles and various functions in the organizational setup. The year saw the institute strengthen its relationship with past recruiters and established relationships with new companies. High number of new recruiters indicated the high rise in the institute’s visibility in the industrial corridors. The substantial rise in the pick ratio reflects the strong association and faith of the corporate on the capabilities and business acumen of IIM Rohtak students.

The batch diversity in terms of gender and work experience was well appreciated by the industry and also reflected in the offers rolled out which were distributed across the major domains of Finance, Marketing, Operations, Information Technology, General Management, Consulting and HR. Various companies offered profiles of business development, strategy design and execution, reinforcing their belief in the strategic acumen of IIM Rohtak students.

The unique feature in the process was the diversity of profiles offered to the students which gave them a good choice in terms of industry and the role. Despite being one of the 6 new IIMs that were announced in 2009 and started functioning in 2010-11 IIM Rohtak has a consistent excellent placement record.

IIM Rohtak is the only IIM in Delhi NCR region. Apart from the flagship PGP programme, IIM Rohtak runs the doctoral programme, 5 year Integrated Programme in Management after class 12 offering dual BBA+MBA degree, to cater to the rising demand of qualified researchers and academicians in the industry.

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