IIM Sirmaur Placement 2019: Records 40% Rise in Recruiters; Average Salary Rs.9.2 LPA

MBAUniverse.com News Desk |
May 20, 2019
IIM Sirmaur has concluded final placement 2019 for its 3rd batch 2017-19. The season has witnessed 40% rise in number of recruiters. The highest domestic salary in Placement 2019 is Rs.16 LPA and the average salary for the batch is Rs.9.2 LPA. The size of third batch of IIM Sirmaur has also grown to 63 students as compared to 35 for second batch. 63 companies participated in placement 2019
IIM Sirmaur Placement 2019

IIM Sirmaur, one of the Baby IIMs that started operation in 2015 and is mentored by IIM Lucknow, has concluded final placement 2019 with 63 recruiters participating and making offers in Placement season to the large batch size. The highest salary offered in Placement 2019 stood at Rs.16 lakhs and the average salary was Rs.9.2 Lakhs. 

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IIM Sirmaur Placement Highlights 2019

  • Average Salary stood at Rs.9.2 Lakhs
  • Highest Salary is Rs.16 lakhs
  • Batch size has increased to 63 students from 35
  • 24% Female Students in the 3rd Batch
  • 63 Recruiters in 2019 as compared to 45 last year
  • 38% students offered profile in General Management
  • Top Recruiters include GMR, Reliance, DS Group, ICICI Bank, OYO, Mu Sigma, ZS, Muthoot, EY, HDFC Bank, DCM SHRIRAM, RAK, Schindler, TCS, KENT, Cloudtail, Mindtree, Ericsson among others
  • 7 Students get multiple offers

56 Students Out of 63 Participate in Placement 2019
The size of 3rd batch 2017-19 of IIM Sirmaur comprises 63 students as compared to 35 students in second batch. Out of 63 students, 56 participated in placement.

Releasing the final placement report 2019 for the third PGP batch 2017-19, IIM Sirmaur has shared “This year, with a batch strength of 63, there was greater diversity in terms of educational background and nature of previous work experience of the pool of candidates. Out of 63 students, 56 were successfully placed through the lnstitute's Placement Cell as early as mid-March 2019, while 5 opted out of placements, result of 1 is awaited and the other 1 was placed through his own sources.”

Diverse Batch Size
The 2017-19 batch at IIM Sirmaur comprises 15 girl students out of 63 total students, The batch has a diverse back ground ranging from Economics, Finance, Commerce, Literature, Management, Mining, Marine, Electronics, Computer, IT, Chemical, Production, Mechanical, Electrical among others.

IIM Sirmaur Placement 2019 Analysis
IIM Sirmaur is mentored by IIM Lucknow which is also mentoring IIM Jammu. This year highest and average salary of IIM Sirmaur has gone down. Key placement trends are:

IIM Sirmaur Placement Year
Average Salary in Placement (Rs.in Lakhs)
Highest Salary in Placement (Rs. in Lakhs)

Top Recruiters at IIM Sirmaur
In all there were 63 recruiters making offers to 56 students who participated in placement 2019 at IIM Sirmaur. Prominent recruiters at IIM Sirmaur Placement 2019 include GMR, RIL, DS Group, ICICI Bank, OYO, Mu Sigma, Career Launcher, ZS, Muthoot, EY, TresVista, JIO, HDFC Bank, Tredence, DCM SHRIRAM, RAK, Schindler, TCS, KENT, DTDC, Karvy, IndiaMart, Cloudtail, Mindtree, Edcil, Ericsson, Hunt Partners, VT Netzvelt, Jasper Colin Research, Khimji Ramdas, Parikh Group among others

Diverse Functional Roles
38% students were offered roles in General Management. 31% of the batch was placed in Sales and Marketing domain followed by Operations with 12% students getting placement in it. IT & Analytics offered placement to 9% students, Roles offered for Consultancy & Strategy were 7% and 3% students were placed in Finance domain.

High Placements: Hope for CAT 2019 Aspirants
Leaving behind many well established management institutes, IIM Sirmaur Placements 2019 have brought cheers to the students of subsequent batches of 2018-20 and 2019-21 and also to the CAT 2019 aspirants who will now prefer to opt for IIM Sirmaur as the placement packages are expected to increase further for the upcoming batches. 

Despite being new in the family of IIMs, it is the fast upcoming IIM among the 20 IIMs. More Placement offers per student were recorded at IIM Sirmaur for its 2017-19 batch.

Indian Institute of Management, Sirmaur, which became operational in 2015, is one of 20 premier business schools in the country declared as institutions of national importance by the Government of India. IIM Sirmaur, mentored by IIM Lucknow offers a full-time two-year residential program in management designed to develop sensitive and future-aware corporate leaders and entrepreneurs.  The 3rd batch of IIM Sirmaur, with a batch strength of 63, had greater diversity in terms of educational background and nature of previous work experience of the pool of candidates. An encouraging increase in the number and diversity of recruiters as well as profiles offered to IIM Sirmaur students in Placement 2019 has attracted more candidates to opt for IIM Sirmaur.  

IIM Lucknow Faculty Teaching at IIM Sirmaur
IIM Sirmaur students have got a rare opportunity to be taught by IIM Lucknow faculty. The faculty members from IIM Lucknow are delivering courses at IIM Sirmaur. The overall design, quality & delivery of PGP course, is to the standards & with direct involvement of IIM Lucknow.

Indian Institute of Management Lucknow is the mentoring institute for IIM Sirmaur, and IIM Jammu. In the past IIM Lucknow has mentored two other IIMs- IIM Rohtak and IIM Kashipur.

IIM Sirmaur currently operates from its temporary campus at the Himachal Institute of Technology, Paonta Sahib in the Sirmaur district of Himachal Pradesh. The permanent campus of IIM Sirmaur is coming up at the national highway in Dhaula Kuan near Nahan town on 210 acres of land.

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