IIM Sirmaur Placement 2021: Records 70% Rise in Recruiters; Average Salary Rs.9.6 LPA; EY, ICICI, HDFC, DCM Shriram, Mu Sigma hire big

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MBAUniverse.com News Desk |
September 7, 2021
IIM Sirmaur has concluded final placement 2021 for its 5th batch 2019-21. The season has witnessed 70% rise in number of recruiters. The highest domestic salary in Placement 2021 is Rs.16 LPA and the average salary for the batch is Rs.9.6 LPA. The size of the fifth batch of IIM Sirmaur has also grown to 112 students as compared to 98 students for 4th batch. 132 companies including 75 new recruiters participated in placement 2021
IIM Sirmaur Placement 2021

One of the newest IIMs that started operation in 2015, IIM Sirmaur has successfully completed the Final Placements process for the fifth batch of its MBA 2019-21 batch. IIM Sirmaur is mentored by IIM Lucknow. In what has been a challenging year, IIM Sirmaur saw a 70% increase in the number of companies  visiting the institute.

132 marquee companies, including 75+ first-time recruiters,  participated and made offers in Placement season to the large batch size of 112 students. The highest salary offered in Placement 2021 stood at Rs.16 lakhs and the average salary was Rs.9.6 Lakhs.  Prominent recruiters in the Placement Season 2021 include ICICI Bank, EY, HDFC, DCM Shriram, Mindtree, Mu Sigma, Tech Mahindra among others. The top profiles offered include Product Manager, Category Manager, Key Account Manager, Fintech Business Analyst, Sales Leadership, Brand Acquisition Manager, and Senior Associate Consultant across diverse industries. 

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IIM Sirmaur Placement Highlights 2021

  • Average Salary stood at Rs.9.6 Lakhs
  • Median Salary was Rs.10 LPA
  • Top 50% average salary was Rs.11.20 LPA
  • Highest Salary is Rs.16 lakhs
  • Batch size has increased to 112 students from 98
  • 40% students are with work experience in the 5th Batch
  • 132 Recruiters in 2021 as compared to 75 last year
  • 75+ New Recruiters in Placement 2021
  • PPO Offered: 1
  • International Placement Offers Received: 1
  • Out of 112 Students 100 sought campus placement
  • 11 Students Opted out and 1 student moved on for Entrpreneurship
  • 110 placement offers were made to 100 students
  • 10 Students get multiple offers
  • Top Recruiters include Aditya Birla, EY, ICICI Prudential, Infosys, ZS, DCM Shriram, Tech Mahindra, Mu Sigma, TresVista, Mindtree, HDFC Bank, Indiamart, Sutherland among others

100 Students Out of 112 Participate and placed in Placement 2021
The size of 5th batch 2019-21 of IIM Sirmaur comprises 112 students as compared to 98 students in fourth batch. Out of 112 students, 100 were placed and 11 opted out while 1 students preferred to move on entrpreneurship venture.

Diverse Batch Size
The 2019-21 batch at IIM Sirmaur comprises 40% students with work experience and 86% students from engineering back ground.

IIM Sirmaur Placement 2021: Key Trends
IIM Sirmaur is mentored by IIM Lucknow which is also mentoring IIM Jammu. This year highest and average salary of IIM Sirmaur as compared to previous years has remained as below:

IIM Sirmaur Placement Year
Average Salary in Placement (Rs.in Lakhs)
Highest Salary in Placement (Rs. in Lakhs)
Placement 2021
9.6
16
Placement 2020
11.28
26
Placement 2019
9.2
16
Placement 2018
12
32

Top Recruiters at IIM Sirmaur
In all there were 132 recruiters making 110 offers to 100 students. Prominent recruiters at IIM Sirmaur Placement 2021 include ICICI Bank, Ernst & Young, HDFC, DCM Shriram, ICICI Prudential, Mindtree, VE Commercial Vehicles, Gartner, ZS Associates, Simplilearn, Mu Sigma,  Tech Mahindra among others

Diverse Sectoral Placements
IIM Sirmaur MBA batch 2019-21 witnessed 35% students getting placed in IT/ITES sector followed by EdTech with 28% placements. 

Functional Roles
61% students were offered roles in Marketing and Sales followed by General Management with 12% placements.

Despite being new in the family of IIMs, IIM Sirmaur is the fast upcoming among the 20 IIMs. More Placement offers per student were recorded at IIM Sirmaur for its 2019-21 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. 

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 DhaulaKuan near Nahan town on 210 acres of land.

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