IIM Sirmaur Placement 2022: Completes 100% Placements with 33% Hike in Average Salary at Rs.12.74 LPA; Highest Salary Up by 66% at Rs.26.5 LPA; Accenture, Deloitte, Cognizant, IBM, ICICI, EY amongst Top Recruiters

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MBAUniverse.com News Desk |
April 6, 2022
IIM Sirmaur has completed 100% placements for its 6th MBA batch 2020-22 with 33% increase in average salary which has gone up at Rs.12.74 LPA from Rs.9.60 LPA last year and highest salary has registered 66% hike at Rs.26.5 LPA. Interestingly, much before completing final placements for its MBA 2020-22 batch, IIM Sirmaur had completed 100% placement for the first ever MBA T&HM 2020-22 batch with highest salary at Rs.22 LPA
IIM Sirmaur Placement 2022

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 6th MBA 2020-22 batch with 33% rise in average salary and 66% hike in highest salary. Out of the batch of 186 students, 183 students participated in Placement Season 2021-2022, and 240 offers made from moré than 140 companies in diverse set of industries. On another successful  placement season,  IIM Sirmaur has shared, “This Placement Season’s outcomes at are testament to the quality, and caliber of our students, and the diversity and leadership strengths they bring to any organization.”

While the average salary offered to the batch saw a 33% increase which has gone up at Rs.12.74 LPA in 2022 from Rs.9.60 LPA in the previous placement season, the highest CTC offered witnessed a 66% increase and has gone up at Rs.26.5 LPA in 2022 from Rs.16 LPA. The placement season saw participation from more than 140 organizations, out of which more than 90 were first time recruiters at IIM Sirmaur.  Key highlights at IIM Sirmaur placement season 2021-22 are as shared below: 

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IIM Sirmaur Placement Highlights 2022

  • Average Salary Up by 33% at Rs.12.74 LPA in 2022 from Rs.9.6 LPA last year
  • Median Salary Up by 22% at Rs.12.23 LPA in 2022 from Rs.10 LPA last year
  • Highest Salary Up by 66% at Rs.26.5 LPA in 2022 from Rs.16 LPA last year
  • Top 50% average salary Up by 37% at Rs.15.38 LPA in 2022 from Rs.11.20 LPA last year
  • MBA 2020-22 Batch size has increased to 186 students from 112 students for MBA 2019-21
  • Out of 186 students in the batch 183 participated for placements 2022
  • 48% students are with work experience in the 6th MBA 2020-22 Batch
  • 140 Recruiters in 2022 as compared to 132 last year
  • 90 New Recruiters in Placement 2022
  • PPO Offered: 2
  • Out of 183 Students 179 sought campus placement
  • 3 Students Opted out and 1 student moved on for Entrepreneurship
  • 179 Students accepted 183 placement offers
  • Top Recruiters include Deloitte, EY, HDFC, Accenture, Cognizant, Schneider Electric, L&T, Tata Power, IBM, ICICI, Tech Mahindra, DCM Shriram, Volvo, Eicher, ZS Associates

183 Students Out of 186 Participate and 179 placed as 4 Opt Out in Placement 2022
The size of 6th MBA 2020-22 batch of IIM Sirmaur comprises 186 students as compared to 112 students in the 5th batch. Out of 186 students, 183 participated. However out of the 183 students, 3 opted out while 1 student preferred to move on entrepreneurship venture, while 179 were placed in diverse roles.

Profiles and Roles Offered
A few of the profiles that were offered in IIM Sirmaur Placements 2022, 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, Risk Advisory among others.

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 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 140 recruiters making 240 offers to 183 students and many students received multiple offers. According to IIM Sirmaur MBA 2020-22 batch final placement report, “During the Placement Season 2021-2022, a participating 183 students received 240 offers, and such success was achieved across an increasingly diverse set of industries.” Out of 183 students, 179 actually participated while 4 opted out and out of 240 offers 183 were accepted. Some of the students received multiple offers 

Prominent recruiters at IIM Sirmaur Placement 2022 include new recruiters like Deloitte, Accenture, Cognizant, Schneider Electric, Hero Motors, IDBI Capital, L&T, Tata Power, IBM as well as the IIM Sirmaur  long-term corporate partners like ICICI, EY, HDFC, Tech Mahindra, DCM Shriram, Volvo, Eicher, ZS Associates, among others.

Source: IIM Sirmaur Placement Report 2022

Sector-Wise Placements 2022
IT/ITES remained the top recruiting sector with 35% placements for MBA 2020-22 batch followed by BFSI sector with 21% placements. Sector-wise placements 2022 at IIM Sirmaur are shared below

Source: IIM Sirmaur Placement Report 2022

Function-Wise Placements
With 33% placements, Marketing and Sales was the top recruiting domain followed by IT & Systems with 16% placements 2022. Other prominent domains in which students were placed are Consulting, General Management, Analytics, Finance, Operations among others. Key details are shared below

Source: IIM Sirmaur Placement Report 2022

IIM Sirmaur Diverse Batch Profile
The 6th MBA 2020-22 batch at IIM Sirmaur is more diverse than the 5th batch in terms of work experience, academics, gender among others. Key details about the IIM Sirmaur MBA 2020-22 batch profile are as below:

Gender Diversity in IIM Sirmaur MBA 2020-22 Batch

Total Students  
186
Male Students
81%
Female Students
19%

Academic Diversity in IIM Sirmaur MBA 2020-22 Batch

Engineers
67%
Commerce Graduates
15%
Management Graduates
 4%
Arts
 4%
Others
10%

Students with Work Experience

Freshers
52%
1-12 Months Work Experience
 6%
13-24 Months Work Experience
15%
25-36 Months Work Experience
15%
More than 36 Months of Work Experience
12%

IIM Sirmaur Placements 2022 for 1st Batch of MBA T&HM
The 100% placements 2022 for the newly launched MBA T&HM program at IIM Sirmaur, was completed before completing the final placement for its flagship MBA program. 

Sharing the final placement report, IIM Sirmaur has stated that the 100% Final Placements for its first-ever MBA in Tourism and Hospitality Management Batch 2020-22 are successfully completed. The highest salary registered for the first MBA T&HM 2020-22 batch is Rs.22 LPA and 40 companies made placement offers to 26 participating students in the first placement season for the MBA T&HM program. The size of 1st MBA T&HM Batch is 26 students.

MBA T&HM Placements 2022: Key Highlights 

  • The Final Placement Drive 2021-22 saw participation from more than 40 companies
  • Highest Salary was Rs. 22 LPA
  • Batch size 26 students with 21 male and 5 female students
  • Summer Placements 2021-22 witnessed participation from over 30 companies
  • Highest stipend was Rs. 1.2 Lakhs
  • 49 students made their way to famous corporate houses comprising 27% female students.
  • Top Recruiters in Final and summer placements include Michael Page, Kotak Group, Accenture, Infosys, Xiaomi, HashedIn by Deloitte, CEIPAL Corp., Indegene, Byju’s, Decathlon, The Belgian Waffle Co., Indian Hotels Company (IHCL), The Lalit Hotels, Palaces and Resorts, IHG Hotels and Resorts, Bookingjini, ZoloStays, Satuguru Travels and Tourism, Simplotel, TheSqua.re Group, Radisson Group, BRANDit, The Claridges among others

Dr. Vikrant Kaushal, Chairperson- Placements MBA-T&HM, has lauded the unparalleled conviction and dedication of the team, which has led to a magnificent outcome.

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 2020-22 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