IIM Sirmaur Placement 2023: Completes 100% Placements with 13% Hike in Average Salary at Rs.14.45 LPA; Highest Salary Up by 142% at Rs.64.12 LPA; Accenture, Deloitte, Cognizant, EY among Top Recruiters

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Updated on May 15, 2023
IIM Sirmaur has completed 100% placements for its 7th MBA batch 2021-23 with 13% increase in average salary which has gone up at Rs.14.45 from Rs.12.74 LPA last year. Highest salary has registered 142% rise at Rs.64.12 LPA. IIM Sirmaur 224 students received 243 offers from 125 companies. Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power, IBM were among the top recruiters
IIM Sirmaur Placement 2023

IIM Sirmaur, one of the newest and fast upcoming IIMs that started operation in 2015-16, has  yet again successfully completed 100% Final Placements for its 7th MBA 2021-23 batch with 13% rise in average salary and 142% hike in highest salary. Out of the batch of 238 students, 224 students participated in Placement Season 2023, and 243 offers were made by 125 companies in diverse set of industries. On another successful placement season, IIM Sirmaur has shared, “The outcomes of this placement season are a testament to the quality and caliber of IIM Sirmaur's students and the diversity and leadership strengths they bring to any organization. The institution takes pride in its mission to develop managers who make a positive difference in the world.” Key highlights of IIM Sirmaur placements for the MBA 2021-23 batch are as shared below:

IIM Sirmaur Placement Highlights 2023

  • Average Salary Up by 13% at Rs.14.45 LPA in 2023 from Rs.12.74 LPA last year
  • Median Salary Up by 6% at Rs.13 LPA in 2023 from Rs.12.23 LPA last year
  • Highest Salary Up by 142% at Rs.64.12 LPA in 2022 from Rs.26.5 LPA last year
  • Top 50% average salary Up by 11% at Rs.17.15 LPA in 2022 from Rs.15.38 LPA last year
  • MBA 2021-23 Batch size has increased to 238 students from 186 for MBA 2020-22
  • Out of 238 students in the batch 224 participated for placements 2023
  • 33% students are with work experience in the 7th MBA 2021-23 Batch
  • 125 Recruiters in 2023 made 243 offers to 224 students
  • 65 New Recruiters in Placement 2023
  • 13 PPOs Offered to the students
  • 14 Students Opted out of campus placements
  • Top Recruiters include Deloitte, EY, HDFC, Accenture, Cognizant, Schneider Electric, L&T, Tata Power, IBM, ICICI, Tech Mahindra, DCM Shriram, Volvo, Eicher, ZS Associates

224 Students Out of 238 Participate and all 224 placed in Placement 2023
The size of 7th MBA 2021-23 batch of IIM Sirmaur comprises 238 students as compared to 186 students in the 6th batch. Out of 238 students, 224 participated. All the 224 students were placed in diverse roles.  

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 Profiles and Roles Offered
A few of the profiles that were offered in IIM Sirmaur Placements 2023, include Analytics Consultant, Product Manager, Senior Business Analyst, Recruitment Manager, Process Consultant, Engagement Manager, Supply Chain Analyst, Management Trainee in Marketing, Finance, Products, Pricing, and Consultant in Strategy, Technology Solutions, and Risk Advisory. These profiles showcase the diversity and leadership strengths of IIM Sirmaur's graduates.

IIM Sirmaur Placement 2023: Key Trends
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 2023
14.45
64.12
Placement 2022
12.74
26.5
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 125 recruiters making 243 offers to 224 students and many students received multiple offers. Prominent recruiters at IIM Sirmaur Placement 2023 include Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power, IBM, ICICI, EY, HDFC, Tech Mahindra, DCM Shriram, Volvo Eicher, and ZS Associates among others.

Source: IIM Sirmaur Placement Report 2022

Sector-Wise Placements 2023
BFSI has remained the top recruiting sector with 40% placements for MBA 2021-23 batch followed by IT/ITES sector with 26% placements. Sector-wise placements 2023 at IIM Sirmaur are shared below

Source: IIM Sirmaur Placement Report 2023

Function-Wise Placements
With 25% placements, General Management is the top recruiting domain followed by Sales & Marketing with 22% placements in 2023. Other prominent domains in which students were placed are Finance, Consulting, Analytics, Operations among others. Key details are shared below

Source: IIM Sirmaur Placement Report 2023

IIM Sirmaur Diverse Batch Profile
The7th MBA 2021-23 batch at IIM Sirmaur is more diverse than the 6th batch in terms of work experience, academics, gender among others. Key details about the IIM Sirmaur MBA 2021-23 batch profile are as below:

Gender Diversity in IIM Sirmaur MBA 2021-23 Batch

Total Students 
238
Male Students
69%
Female Students
31%

Academic Diversity in IIM Sirmaur MBA 2021-23 Batch

Engineers
56%
Commerce Graduates
18%
Management Graduates
  8%
Arts
13%
Others
   5%

Students with Work Experience

Freshers
67%
1-12 Months Work Experience
 6%
13-24 Months Work Experience
18%
25-36 Months Work Experience
  6%
More than 36 Months of Work Experience
  3%

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 2021-23 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 full-time two-year residential programs 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