IIM Raipur Placements
Indian Institute of Management Raipur is dedicated to developing future business leaders and preparing students for the evolving economic environment. The institute firmly believes in supporting, educating, and growing young, aspiring managers while morally contributing to the development of the country. Through encouraging excellence in research, executive education, international connections, and academics, it has worked to advance progressively toward its goal.
The faculty, students, and innovative research approach are IIM Raipur's greatest strengths. In terms of placements, IIM Raipur is a fantastic destination to recruit because of its company-specific events, industry-focused networking opportunities, and current challenges of strategic importance.
The MBA students at the institute are extremely driven and come from a variety of educationally strong backgrounds, achieving highly rewarding opportunities during the final placement drive. The institute is setting an example in creating a workforce that will significantly boost productivity and business growth in the country.
The strength of these placement outcomes reflects the dedication of the faculty, students, alumni, employers, and stakeholders at large, who help create leaders who are prepared to transform the ever-changing business landscape. The Career Development and Placement Office (CDPO) at IIM Raipur has always been committed to making the placement process a better experience for both students and recruiters.
In this form fees article, we’ll provide the IIM Raipur placements report for the 2021-23 MBA/PGP batch, along with the summer internship data for the 2022-24 MBA batch. The placement season marks a milestone moment in IIM Raipur's history, with the largest-ever MBA batch, consisting of 255 students, including 138 (54%) male and 117 (46%) female students, getting recruited by the country’s top-rated companies.
IIM Raipur placements in 2023 witnessed 100% of the MBA students getting placed, and receiving a total of 287 job offers for impact and advancement across industries. The salary packages offered increased impressively compared to previous years, with the highest package received being INR 67.60 LPA, the average salary package increasing by 19% to INR 21.04 LPA, and the median salary increasing by 18% to INR 20 LPA.
The top recruiting sectors were Banking Financial Services and Insurance (BFSI) with 32% of students receiving opportunities in the sector, followed by IT /ITES (23%), Strategy and Consulting (14%), FMCG (12%) Manufacturing (12%), and Miscellaneous (7%). A total of 107 companies, including 32 new recruiters, participated in the final placement drive of IIM Raipur. Some of the top recruiters of IIM Raipur Placements 2023 included IBM, Infosys, Accenture, Vedanta, Cognizant, E & Y, TATA Steel, HDFC Bank, etc.
IIM Raipur summer internship of the 2022-24 MBA batch involved a total of 109 companies visiting and extending internship opportunities to 328 students. The final year MBA students received roles in Sales and Marketing (49%), Operations and IT (19%), Analytics and Consulting (12%), General Management (11%), and Finance (9%). The Highest Stipend stood at INR 3.50 lakhs per month. The average stipend increased by 16% to INR 1.39 lakhs, and the median stipend increased by 50% to INR 1.50 lakhs, compared to the previous year’s placement drive.
IIM Raipur Placements Highlights
- MBA Batch strength: 255
- Average Salary for the top 10% of students recorded as INR 34.64 LPA in 2023, increasing by 22% from last year
- BFSI recruited 32% of students and emerged as the top recruiting sector at IIM Raipur placements in 2023
- Top Recruiters include Accenture, Cognizant, IBM, ICICI Bank, Infosys, L&T, Yes Bank, Deloitte, E&Y, LatentView, Mindtree, TAS, Tech Mahindra, Vedanta, Xiaomi, Genpact, HCL Technologies
IIM Raipur PGP 2021-23 Batch Profile
The 2021-23 PGP batch of IIM Raipur consisted of students from various academic disciplines, and regardless of their backgrounds, most of them secured highly rewarding roles in top sectors.
| Academic Discipline | Percentage of Students |
|---|---|
| Engineering | 69% |
| Commerce and Accounting | 28% |
| Management | 7% |
| Science | 7% |
| Arts | 3% |
| Medical | 1% |
| Others | 1% |
Students with Work Experience;
| Work Experience in years | Percentage of Students |
|---|---|
| Less than 12 months. | 54% |
| Between 12 to 23 months. | 11% |
| Between 24 to 35 months. | 19% |
| Between 36 months and above. | 16% |
IIM Raipur Placements Report
IIM Raipur maintained its 100% placement record in 2023, as 107 participating recruiters placed all students who registered in the placement drive.
The highest salary package offered during IIM Raipur placements of 2023 stood at INR 67.60 LPA, and the average CTC stood at INR 21.04 LPA, whereas the median CTC stood at INR 20 LPA.
The top 25% and 50% of students were offered an average salary package of INR 28.25 LPA and INR 24.77 LPA, respectively.
IIM Raipur placements 2023 report is provided below for your reference;
| Particulars | Placements Statistics 2023 | Placements Statistics 2022 |
|---|---|---|
| Students Registered for Placements | 255 | 252 |
| Students Placed | 255 | 252 |
| Companies Participated | 107 | 113 |
| Number of New Recruiters | 32 | - |
| Number of Offers | 287 | 275 |
| Highest CTC | INR 67.60 LPA | INR 42.15 LPA |
| Average CTC | INR 21.04 LPA | INR 17.73 LPA |
| Median CTC | INR 20 LPA | INR 16.95 LPA |
| Average CTC of Top 10% of Students | INR 34.64 LPA | - |
| Average CTC of Top 25% of Students | INR 28.25 LPA | INR 24 LPA |
| Average CTC of Top 50% of Students | INR 24.77 LPA | INR 21.01 LPA |
| Top Recruiting Sector | BFSI | - |
| Top Recruiters | IBM, HDFC Bank, TATA Steel | Accenture, Airtel, IBM |
IIM Raipur Average Package
We’ve collected data from various reliable sources and compiled a detailed overview of the IIM Raipur average package offered to MBA students over several years. We hope that this representation will serve as a valuable analytical tool, enabling a comparative assessment of the institute's performance and upward trends. It will offer you a complete understanding of the position of IIM Raipur in terms of placements.
The table below represents the annual trend of the IIM Raipur average package over the years. Through this detailed analysis, we’ve tried to provide a better understanding of the institute's progression in terms of salary offerings, emphasizing the notable trends.
| Year | Average CTC | Average CTC of Top 50% | Average CTC of Top 25% | Highest CTC |
|---|---|---|---|---|
| 2022 | INR 17.73 LPA | INR 21.02 LPA | INR 24.01 LPA | INR 42.15 LPA |
| 2021 | INR 15.11 LPA | INR 18.53 LPA | INR 20.61 LPA | INR 30 LPA |
| 2020 | INR 15.20 LPA | INR 18.72 LPA | INR 21.28 LPA | INR 46 LPA |
| 2019 | INR 14.54 LPA | INR 17.18 LPA | INR 18.56 LPA | INR 24.56 LPA |
| 2018 | INR 12.45 LPA | INR 15.76 LPA | INR 17.5 LPA | INR 22.05 LPA |
IIM Raipur Placements Industry–Wise
The placement drive witnessed an impressive lineup of renowned companies across various sectors, extending offers to MBA students, thereby reaffirming IIM Raipur’s standing as a premier institution for management education.
In the placement drive of 2023 at IIM Raipur, the maximum percentage of students were placed in the BFSI sector (32%) followed by IT/ITES (23%).
Eager to know more about the job opportunities and companies extending offers to MBA graduates in specific sectors from IIM Raipur?
Management students are always keen to explore the BFSI placements of IIMs. Here, IIM Raipur placements 2023 industry-wise data shows that the Banking Financial Services and Insurance (BFSI) sector demonstrated a strong interest in the management talent of IIM Raipur. Top industry players like Aditya Birla Capital, Bank of America, Angel One, HSBC, Invesco, Standard Chartered, TATA AIA, and Wells Fargo extended exciting job offers in domains like investment banking, risk management, and financial advisory. These opportunities not only remark on the institute's strong financial curriculum but also highlight the trust placed in IIM Raipur graduates by major global players within the financial sphere.
The Information Technology (IT) sector, represented by leading firms such as Accenture, Cisco, EXL, Genpact, LatentView, and ServiceNow, aimed to make use of the analytical and technological skills of IIM Raipur's MBA graduates, recruited 23% of students. With roles in data analytics, digital transformation, and IT consulting, students were presented with opportunities to initiate digital innovation and organizational transformation, contributing to the ever-changing IT sector.
The Fast-Moving Consumer Goods (FMCG) sector, known for its dynamic and consumer-driven nature, witnessed active participation from industry giants like Asian Paints, ABInBev, Piramal, Tolaram, Diageo, GSK, and Reliance Retail. With 12% of students achieving promising opportunities in this sector, such as roles in marketing, supply chain management, and brand management, MBA graduates of IIM Raipur got the chance to make a significant impact in the rapidly evolving FMCG sector.
In the manufacturing sector, the notable presence of esteemed recruiters such as African Industries, Dalmia Bharat, L & T, Tata Steel, TVS, Vedanta, and Vikram Solar underscored the appeal of IIM Raipur among leading industrial players seeking top managerial talent. These companies offered roles to 12% of IIM Raipur MBA students ranging from operations management to strategic planning, providing students with plentiful options for professional growth and development within the manufacturing domain.
In the Strategy and Consulting sector, the presence of giant business entities including Accenture Technology, Deloitte, Infosys BPM, McKinsey & Company, and Grant Thornton highlighted the importance of IIM Raipur as a nurturing environment for strategic thinkers and business advisors. 14% of students received job opportunities and the roles offered stressed critical thinking, problem-solving, and strategic planning, thereby shaping the next generation of business leaders and consultants equipped to address complex global challenges and promote sustainable growth.
The table below represents the IIM Raipur placements industry-wise analysis;
| Industry | Percentage of Students Placed | Highest CTC | Average CTC |
|---|---|---|---|
| BFSI | 32% | INR 32.50 LPA | INR 21.04 LPA |
| IT / ITES | 23% | INR 43.43 LPA | INR 20.61 LPA |
| Strategy & Consulting | 14% | INR 32.21 LPA | INR 19.64 LPA |
| FMCG / FMCD | 12% | INR 67.60 LPA | INR 21.78 LPA |
| Manufacturing | 12% | INR 62 LPA | INR 22.39 LPA |
| Miscellaneous | 7% | INR 32.65 LPA | INR 21.51 LPA |
IIM Raipur Placements Function-Wise
During the final placement drive of 2023 at IIM Raipur, the maximum percentage of students were placed in the Sales and Marketing function (29%) followed by the Analytics and Consulting function (28%).
The following table represents the IIM Raipur Placements 2023 function-wise data;
| Function | Percentage of Students Placed | Average CTC | Highest CTC |
|---|---|---|---|
| Sales and Marketing | 29% | INR 20.98 LPA | INR 67.60 LPA |
| Analytics and Consulting | 28% | INR 19.14 LPA | INR 32.21 LPA |
| Operations and IT | 20% | INR 22.88 LPA | INR 43.43 LPA |
| Financial Management | 12% | INR 20.93 LPA | INR 32.50 LPA |
IIM Raipur Summer Internship Placements 2024 Highlights
- MBA Batch strength: 328 (Female students: 62%, Male students: 38%)
- IIM Raipur’s 2022-24 PGP batch consisted of students from various academic disciplines, and regardless of their backgrounds, most of them secured highly rewarding roles in top sectors.
| Academic Discipline | Percentage of Students |
|---|---|
| Engineering | 42% |
| Commerce and Accounting | 26% |
| Science | 13% |
| Management | 11% |
| Arts | 5% |
| Medical | 2% |
| Others | 1% |
IIM Raipur 2022-24 PGP batch students with Work Experience;
- 54% of students with work experience of less than 12 months.
- 8% of students with work experience between 12 to 23 months.
- 17% of students with work experience between 24 to 35 months.
- 21% of students with work experience between 36 months and above.
IIM Raipur Summer Internship Placements 2024 Report
During IIM Raipur Summer Internship Placements 2024, 109 recruiters visited the campus and extended internship opportunities to 328 students. The highest stipend received was INR 3.50 lakhs and the median stipend stood at INR 1.50 lakhs per month.
Students received opportunities in a wide variety of domains, with the Sales and Marketing domain recruiting the highest number of students (49%), followed by Operations and IT (19%), Analytics and Consulting (12%), General Management (11%), and Finance (9%).
The average stipend increased by 16% and the median stipend increased by 50%, compared to the previous year’s placement drive.
The top 10% received an average stipend of INR 2.79 lakhs, while the top 25% and top 50% of the students secured INR 2.43 lakhs and INR 2.11 lakhs respectively.
IIM Raipur summer internship placements 2024 report is given below;
| Particulars | Internship Statistics 2024 | Internship Statistics 2023 |
|---|---|---|
| No. of Students in the Batch | 328 | 262 |
| No. of Recruiting Companies Participated | 109 | 108 |
| No. of New Recruiters | 41 | 57 |
| Highest Stipend | INR 3.50 Lakhs per month | INR 3.50 Lakhs per month |
| Average Stipend | INR 1.39 Lakhs per month | INR 1.20 Lakhs per month |
| Average Stipend (top 10%) | INR 2.79 Lakhs per month | INR 2.59 Lakhs per month |
| Average Stipend (top 25%) | INR 2.43 Lakhs per month | INR 2.04 Lakhs per month |
| Average Stipend (top 50%) | INR 2.11 Lakhs per month | INR 1.66 Lakhs per month |
| Top Domain | Sales and Marketing (49%) | Sales and Marketing |
| Top Recruiters | IBM, ICICI Bank, Adani, Gartner, Deloitte | Airtel, Cognizant, Berger Paints, BYJU’s |
IIM Raipur Summer Internship Placements 2024 Sector-Wise
IIM Raipur summer internship placements 2024 sector-wise analysis is represented in the table below;
| Sector | Percentage of Students Placed |
|---|---|
| FMCG/FMCD | 23% |
| BFSI | 18% |
| IT/ITES | 16% |
| Manufacturing | 13% |
| Strategy and Consulting | 11% |
| Miscellaneous | 19% |
IIM Raipur Placements Top Recruiters
The Corporate Relations Team at IIM Raipur works from the beginning of the year to onboard top recruiters of the industry for Final Placements and Summer Internships. The PGP Students prepare and participate in the recruitment process and for the past many years, the institute has achieved a mark of 100% placements with the involvement of prominent recruiters across the industry. The institute has strong industry connections and an alumni network that strengthens its hold in the global business landscape. Some of the key recruiters who participated in the 2023 final placement and summer internship at IIM Raipur are given below;
| Accenture | Grant Thornton | Infosys BPM |
| Adani | L&T | Cognizant |
| Angel One | Aditya Birla Capital | Axis Bank |
| HSBC | Tata Steel | HCL Technologies |
| Amazon | Berger Paints | Cisco |
| Deloitte | Samsung | Franklin Templeton |
| Bluestone | Bank of America | Invesco |
| Xiaomi | ICICI Bank | LatentView |
| African Industries | Kotak | IDFC First Bank |
| Vedanta | Wells Fargo | Yes Bank |
| E & Y | IBM | Genpact |
IIM Raipur Alumni Network
IIM Raipur Alumni Network strengthens the bond between the institute and the industry. The strong Alumni base is one of the formidable strengths of IIM Raipur.
| Name of the Company | No. of Alumni |
|---|---|
| ICICI Bank | 69 |
| Deloitte India (U.S. offices) | 62 |
| Cognizant | 41 |
| Accenture | 31 |
| Amazon | 23 |
| Deloitte | 20 |
| HDFC Bank | 20 |
| Vedanta Resources Ltd. | 20 |
| UltraTech Cement | 18 |
| Tata Steel | 17 |
| CEC | 13 |
| Maruti Suzuki India Ltd. | 13 |
| Indian Oil Corporation Ltd. | 12 |
| Larsen & Toubro | 11 |
Frequently Asked Questions about IIM Raipur Placements
Q. What was the highest package offered during the IIM Raipur 2023 placement drive?
Ans. During the placement drive of 2023 at IIM Raipur, the highest CTC stood at INR 67.60 LPA and the average CTC stood at INR 34.64 LPA.
Q. How many students were recruited in the placement drive of 2023 at IIM Raipur?
Ans. In the placement drive of 2023 at IIM Raipur, 255 MBA students were placed. This year, the institute has maintained its 100% placement record.
Q. How many companies visited IIM Raipur in the 2023 final placement drive?
Ans. In the 2023 placement drive at IIM Raipur, 107 companies, including 32 new recruiters, visited the campus.
Q. How many offers were made during IIM Raipur placements in 2023?
Ans. During IIM Raipur placements in 2023, a total of 287 job offers were made to the MBA students.
Q. Which was the top recruiting sector during IIM Raipur 2023 placements?
Ans. The top recruiting sectors during IIM Raipur 2023 final placement were Banking Financial Services and Insurance (BFSI) with 32% of students receiving opportunities in the sector, followed by IT /ITES (23%), Strategy and Consulting (14%), FMCG (12%) Manufacturing (12%), and Miscellaneous (7%).
Q. Which are the top recruiting companies at IIM Raipur placements?
Ans. Top Recruiters at IIM Raipur include Accenture, Cognizant, IBM, ICICI Bank, Infosys, L&T, Yes Bank, Deloitte, E&Y, LatentView, Tech Mahindra, Vedanta, Xiaomi, Genpact, and HCL Technologies.
Q. How was the IIM Raipur summer internship placement for the 2024 MBA batch?
Ans. IIM Raipur Summer Internship Placements for the 2024 MBA batch concluded impressively with 109 recruiters extending internship opportunities to 328 students. The highest stipend received was INR 3.50 lakhs and the median stipend stood at INR 1.50 lakhs per month.
Students received opportunities in a wide variety of domains, with the Sales and Marketing domain recruiting the highest number of students (49%), followed by Operations and IT (19%), Analytics and Consulting (12%), General Management (11%), and Finance (9%).
The average stipend increased by 16% and the median stipend increased by 50%, compared to the previous year’s placement drive.
The top 10% received an average stipend of INR 2.79 lakhs, while the top 25% and top 50% of the students secured INR 2.43 lakhs and INR 2.11 lakhs respectively.
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