What's new with the Placement at IIM Sirmaur?

Following a successful conclusion, 224 students were offered jobs by over 125 organizations at IIM Sirmaur Placements 2023. There were thirteen PPOs offered in all. Forty percent of the total students were in the BFSI Sector.

The IIM Sirmaur Placement 2023 was a huge success, with a total of 125 Companies providing 224 Students with 243 Job Opportunities. The graduates were handed a total of thirteen PPOs. Forty percent of all students were assigned to the BFSI Sector. At IIM Sirmaur, the average and median packages climbed by 13% and 6%, respectively, while the highest package increased by 142%. IIM Sirmaur obtained a 100% placement rate in the 2023 MBA Program.

A report on their summer internship was also made available by the IIM Sirmaur class of 2022–2024. One of the 230 students who participated in the placement drive was paid the highest amount. Furthermore, the IIM Sirmaur MBA class of 2022–2024 has a 100% summer placement rate.

The highest package offered by IIM Sirmaur increased by 142% to INR 64.12 LPA. The increases were 13% for the average package and 6% for the median package. IIM Sirmaur obtained a median package worth INR 13 LPA and an average package worth INR 14.45 LPA.

Additionally, the IIM Sirmaur Summer Internship Report for batches 2022–2024 is now available. Out of the students who took part in the Placement Drive, 230 students were awarded the highest pay of INR 1.70 lakhs. The average and median stipends remained at INR 50, 000 and INR 40, 000, respectively.

One of the newest and fastest-rising IIMs, IIM Sirmaur, which opened for business in 2015–16, has once again successfully completed 100% of its final placements for its seventh MBA 2021–2023 batch, with an increase in average compensation of 13% and a jump in the maximum salary of 142%. During Placement Season 2023, 224 of the 238 students in the cohort participated, and 125 firms from a wide range of industries extended 243 offers to the students." The results of this placement season are a tribute to the quality and quality of IIM Sirmaur's students and the diversity and leadership strengths they bring to any organization," IIM Sirmaur declared after another excellent placement season.  The organization is proud of its goal of producing managers who change the world for the better. The following highlights the MBA 2021–2023 batch placements at IIM Sirmaur:

Highlights of IIM Sirmaur Placement 2023

• The median package increased by 6% from Rs. 12.23 LPA to Rs. 13 LPA in 2023.
• The average package increased by 13% from Rs. 12.74 LPA to Rs. 14.45 LPA in 2023.
• The highest package increased by 142% from Rs. 26.5 LPA to Rs. 64.12 LPA in 2022.
• Highest 50% of average pay from Rs. 15.38 LPA to Rs. 17.15 LPA in 2022, an increase of 11%
• CMA 2021–2023 For MBA 2020–22, the batch size has increased from 186 to 238 students.
• 224 of the 238 students in the group took part in the placements for 2023.
• Of the students in the 7th MBA 2021–2023 Batch, 33% have work experience.
• In 2023, 224 students received 243 offers from 125 recruiters.
• Placement 2023: 65 New Recruiters; 13 PPOs Available for Students
• Fourteen students declined to be placed on campus.
• Top recruiters include Tech Mahindra, EY, HDFC, DCM Shriram, Volvo, Eicher, ZS Associates, Deloitte, Accenture, Cognizant, Schneider Electric, and L&T.

224 students 224 of the 238 participants were placed in Placement 2023.

There are 238 students in the 7th MBA 2021–2023 cohort at IIM Sirmaur, compared to 186 in the 6th batch. 224 of the 238 pupils took part. Every one of the 224 pupils was assigned to a different role.  

Roles and Profiles Available

Management Trainee in Marketing, Analytics Consultant, Product Manager, Senior Business Analyst, Technology Solutions, Recruitment Manager, Process Consultant, Engagement Manager, Supply Chain Analyst, Finance, Products, and Pricing, and Consultant in Strategy, and Risk Advisory few profiles that were offered in IIM Sirmaur Placements 2023. The diversity and leadership qualities of IIM Sirmaur's alumni are highlighted in these profiles.

IIM Sirmaur Placement Report

This year IIM Sirmaur's Placement of the highest CTC was INR 64.12 LPA and in 2022 highest placement was INR 26.5 LPA. As you can see IIM Sirmaur has increased the placement report as compared to 2022.

Particulars	Placement of the year 2022	Placement of the year 2023
Batch Size	186	238
Number of New Recruiters	90+	65+
Number of Recruiters	140+	125+
Number of Students Opt-Out	4	14
Number of Students Placed	179	224
Number of PPOs	2	13
Number of Offers	183	243
Average Package	INR 12.74 LPA	INR 14.45 LPA
Median Package	INR 12.23 LPA	INR 13 LPA
Highest Package	INR 26.5 LPA	INR 64.12 LPA
Top 10% Average Package	INR 18.72 LPA	INR 24.38 LPA
Top 25% Average Package	INR 17.16 LPA	INR 19.53 LPA
Top 50% Average Package	INR 15.38 LPA	INR 17.15 LPA
Top Sector	IT / ITES	BFSI
Top Recruiters	Infosys, Tech Mahindra, HCL, HDFC Bank, Gartner,  IBM	Accenture, Cognizant, Deloitte, L&T, Reliance Retail

The table below lists IIM Sirmaur's placement statistics for the previous three years:

Year	Average CTC	Highest CTC
2020	INR 11.28 LPA	INR 26 LPA
2021	INR 9.6 LPA	INR 16 LPA
2022	INR 12.74 LPA	INR 26.50 LPA

IIM Sirmaur Sector-Wise Placements

For your benefit, we have compiled data showing that Retail offered the largest package, with prices between INR 10 and 64 LPA, followed by BFSI, with prices between INR 10 and 24 LPA. At IIM Sirmaur, 51 different firms made placement offers.

MBA students were offered a diverse array of options across several sectors during the IIM Sirmaur Placements. During the 2023 placement season, 51 distinct organizations paid the institution their first visit. Numerous industries, including IT & Analytics, Consulting, FMCG/FMCD, Telecom, Automobile, and others, made offers to the students. 

At IIM Sirmaur Placement, 51 recruiters made employment offers, with Tolaram offering the largest salary package of INR 64 LPA, according to data gathered. The IIM Sirmaur batch 2023's sector-by-sector analysis is shown in the following table:

Sectors	CTC
Consulting	INR 10 - 15 LPA
IT & Analytics	INR 10 - 18 LPA
Retail	INR 10 - 64 LPA
Manufacturing	INR 10 - 18 LPA
Telecom	INR 10 - 16 LPA
BFSI	INR 10 - 24 LPA
FMCG/ FMCD	INR 11 - 16 LPA
Automobile	INR 12 - 14 LPA
Others	INR 14 - 19 LPA

Sector Placements for IIM Sirmaur BFSI

In this part, you will get to know which is the highest-paying company in sector BFSI. The IIM Sirmaur batch 2023 BFSI Sector placements are shown in the following table:

Company	CTC(LPA)
HDFC Bank	14 - 16
ICICI Bank	14 - 16
HSBC	15 - 17
DE Shaw	24
KredX	18 - 20
SBI Mutual Fund	15
Fullerton India	12 - 24
ICICI Prudential	16
TresVista	17.5
TATA Mutual Fund	10 - 12
SBI Caps	10 - 12

Sector Placements at IIM Sirmaur Consulting

In Consulting sector if IIM Sirmaur placement, the highest paying company is Publicis Sapient with the range between 12-14 LPA, followed by Accenture with the range between 12-13 LPA. The Consulting Sector placements for the IIM Sirmaur batch of 2023 are displayed in the following table:

Company	CTC(LPA)
Publicis Sapient	12 - 14
Deloitte	11 - 13
Cognizant	12 - 14
Infosys	10 - 12
PwC	10 - 12
Accenture	12 - 13
EY	11
Tiger Analytics	12 - 15

Placements in IT and Analytics Sector at IIM Sirmaur

The IIM Sirmaur placement for IT & Analytics Sector of the batch 2023 are shown in the following table:

Company	CTC(LPA)
HCL	14
Brillio	12 - 14
Tredene	-
Tech Mahindra	10 - 12
Latentview	16 - 18
Mphasis	17
Zycus	12
eClerx	-
Tata Elxsi	13 - 15
Perceptive Analytics	-
Crisil	12
Credible	13 - 15

IIM Sirmaur Placements in the FMCG/FCD Sector

The placements in the FMCG and FMCD sectors for the IIM Sirmaur batch of 2023 are shown in the following table, only three companies have offered job roles in IIM Sirmaur Placement, in which the highest paying company is AkzoNobel with the package of 16 LPA

CTC(LPA)	Company
11 - 12	Haldiram
12 - 14	DS Group
16	AkzoNobel

IIM Sirmaur Placement in the Retail Sector

Below the table of retail industry placement for IIM Sirmaur batch 2023 has been provided by FormFee.

CTC(LPA)	Company
64	Tolaram
13	Reliance Retail
10 -11	Decathlon

 IIM Sirmaur Placement in the Telecom Sector

The placements for the Telecom Sector for the IIM Sirmaur batch of 2023 are shown in the following table, only two companies in the telecom sector have given employment roles in IIM Sirmaur Placement, with Comviva offering the largest compensation package of 13-16 LPA.

Company	CTC(LPA)
Comviva	13 - 16
Airtel	10 - 13

IIM Sirmaur Placement in the Automobile Sector

We have provided you below the table of Automobile industry placement for IIM Sirmaur batch 2023:

Company	CTC(LPA)
Hero	12
Maruti Suzuki	14
Torc AI	-

IIM Sirmaur Placement in the Manufacturing Sector

The Manufacturing Sector placements for the IIM Sirmaur batch of 2023 are shown in the following table:

Company	CTC(LPA)
Haber	18
L&T	13 -15
AM/NS India	10 - 11

IIM Sirmaur Placement in Other Sectors

In other sectors, we can see that DCM Shriram has offered highest CTC between 17-19 LPA.The other sector placements for the IIM Sirmaur batch of 2023 are shown in the following table:

Company	CTC(LPA)
DCM Shriram	17 - 19
K12	14
iQuanti	14
Zomato	-
GMR	16.5

IIM Sirmaur Placement for Sector-Wise

The following table shows the sector-wise split for Placement 2023 at IIM Sirmaur:

Sector	Medium Package	Average Package	Highest Package	Student Placed in %
IT / ITES	INR 13 LPA	INR 13.78 LPA	INR 28 LPA	26%
BFSI	INR 12.41 LPA	INR 14.02 LPA	INR 24.75 LPA	40%
Consulting	INR 11.68 LPA	INR 12.24 LPA	INR 16 LPA	11%
Logistics & Supply Chain	INR 17.25 LPA	INR 15.25 LPA	INR 17.25 LPA	4%
E-Commerce / Retail	INR 15 LPA	INR 14.44 LPA	INR 15 LPA	4%
Manufacturing	INR 14.12 LPA	INR 14.69 LPA	INR 18.50 LPA	3%
EdTech	INR 19.50 LPA	INR 18.90 LPA	INR 25 LPA	2%
Real Estate & Infrastructure	INR 16 LPA	INR 16.22 LPA	INR 20 LPA	4%
Telecom & Media	INR 13 LPA	INR 13.16 LPA	INR 14.76 LPA	4%
Others	INR 13 LPA	INR 23.75 LPA	INR 64.11 LPA	4%

IIM Sirmaur Placement Function-wise

Nowadays general management is the most demanding domain which requires 25% of class hire. During IIM Sirmaur's placement for final in the year 2023 has the opportunity to collaborate with the most well-known companies in the industry. As we know general management is a most-demand domain accounting for 25% of placements followed by finance consultancy marketing and sales and many more well not industries where students were placed.

IIM Sirmaur received the most offers in general management (25%). The table below shows the split of Placement 2023 by function:

Sector	Medium Package	Average Package	Highest Package	Student Placed in %
Marketing & Sales	INR 64.11 LPA	INR 16.52 LPA	INR 12.73 LPA	22%
Finance	INR 24.75 LPA	INR 12.92 LPA	INR 12.19 LPA	20%
General Management	INR 19.94 LPA	INR 15.47 LPA	INR 16.15 LPA	25%
Product	INR 14.12 LPA	INR 12.19 LPA	INR 12.20 LPA	7%
IT & Systems	INR 16.75 LPA	INR 13.07 LPA	INR 12.41 LPA	19%
Operations	INR 18.50 LPA	INR 14.13 LPA	INR 14 LPA	3%
Others	INR 17.89 LPA	INR 12.93 LPA	INR 12.41 LPA	5%

Top Recruiters at IIM Sirmaur

A total of 125 recruiters extended 243 offers to 224 individuals; numerous students accepted more than one offer. Representatives from 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 are among the notable recruiters at IIM Sirmaur Placement 2023.

The top recruiters at IIM Sirmaur, according to prior year's trends, are as follows:

Top Recruiters	CTC(LPA)
HSBC	INR 15 - 17 LPA
ICICI Prudential	INR 16 LPA
TresVista	INR 17.5 LPA
DE Shaw	INR 24 LPA
SBI Mutual Fund	INR 15 LPA
TATA Mutual Fund	INR 10 - 12 LPA
SBI Caps	INR 10 - 12 LPA
ICICI Bank	INR 14 - 16 LPA
Fullerton India	INR 12 - 24 LPA
KredX	INR 18 - 20 LPA
HDFC Bank	INR 14 - 16 LPA
Accenture	INR 12 - 13 LPA
Cognizant	INR 12 - 14 LPA
Publicis Sapient	INR 12 - 14 LPA
Deloitte	INR 11 - 13 LPA
Infosys	INR 10 - 12 LPA
EY	INR 11 LPA
Tiger Analytics	INR 12 - 15 LPA
PwC	INR 10 - 12 LPA
Tata Elxsi	INR 13 - 15 LPA
Latentview	INR 16 - 18 LPA
DCM Shriram	INR 17 - 19 LPA
HCL	INR 14 LPA
Tolaram	INR 64 LPA
Comviva	INR 13 - 16 LPA
Maruti Suzuki	INR 14 LPA
AkzoNobel	INR 16 LPA
Tech Mahindra	INR 10 - 12 LPA
Haber	INR 18 LPA

The following table shows the Sector-wise CTC package offered by Top Recruiters at IIM Sirmaur for the placement of graduates:

Sector	Average CTC	Median CTC	Highest CTC	Students Placed in %
Consulting	INR 12.24 LPA	INR 11.68 LPA	INR 16 LPA	11%
IT/ITES	INR 13.07 LPA	INR 12.41 LPA	INR 28 LPA	26%
Finance	INR 12.92 LPA	INR 12.19 LPA	INR 24.75 LPA	36%
E-Commerce / Retail	INR 14.44 LPA	INR 15 LPA	INR 15 LPA	4%
Manufacturing	INR 14.69 LPA	INR 14.12 LPA	INR 18.50 LPA	3%
Logistics & Supply Chain	INR 15.25 LPA	INR 17.25 LPA	INR 17.25 LPA	4%
Infrastructure & Real Estate	INR 16.22 LPA	INR 16 LPA	INR 20 LPA	4%
EdTech	INR 18.90 LPA	INR 19.50 LPA	INR 25 LPA	2%
Telecom & Media	INR 13.16 LPA	INR 13 LPA	INR 14.76 LPA	4%
Others	INR 23.75 LPA	INR 13 LPA	INR 64.11 LPA	4%

IIM Sirmaur Placements for MBA (T&HM)

Here, you will know about IIM Sirmaur Placement for MBA(T&HM). The following are the placement details for IIM Sirmaur MBA (T&HM):

Particulars	Placements Statistics (2020-22)	Placements Statistics (2021-23)
Number of Students Opt-Out	3	5
Batch Size	29	50
Number of Recruiters	49	58
Number of Students Placed	26	45
Highest Package	INR 29 LPA	INR 34 LPA
Average Package	INR 10.60 LPA	INR 11.82 LPA
Median Package	INR 10 LPA	INR 11.5 LPA
Top 25% Average Package	-	INR 14.48 LPA
Top 50% Average Package	-	INR 13.5 LPA
Top 75% Average Package	INR 10.90 LPA	INR 12.5 LPA
Top Sector	General Management	IT
Top Recruiters	Infosys,Indegene, Kotak Life, HDFC Bank, Michael Page, upGrad	Lenovo, Cognizant, Digit, Axis Bank, Decathlon, , Virtusa, Kotak Bank

Placements for IIM Sirmaur MBA (T&HM) Sector-Wise

Sector-wise Placement for IIM Sirmaur MBA (T&HM) in 2023 is as follows:

Sector	Companies
Consulting	7
Ed-Tech	2
Tourism	8
Hospitality	2
Banking & Finance	9
Logistics	2
IT	11
Others	17

Placements for IIM Sirmaur MBA (T&HM) Function-Wise

The function-wise placement for IIM Sirmaur MBA (T&HM) in 2023 is tabulated below:

Sector	No. of offered made
Analyst	1
Finance	1
IT & Systems	1
Sales & Marketing	22
Human Resource	1
Operation	5
Product Management	2
General Management	12

Year-Wise Trends for IIM Sirmaur Placements

Now, see the year-wise IIM Sirmaur Placement with average and highest package. The following table shows the trends in IIM Sirmaur placements by year:

Year	Highest Package	Average Package	Medium Package
2019	INR 16 LPA	INR 9.2 LPA	INR 9 LPA
2020	INR 26 LPA	INR 11.28 LPA	-
2021	INR 16 LPA	INR 9.6 LPA	INR 10 LPA
2022	INR 26.5 LPA	INR 12.74 LPA	INR 12.23 LPA

Summer Internship Placements at IIM Sirmaur 2024

Now, let's see the IIM Sirmaur summer internship placement of the year 2024.

The following are the summer internship placement statistics for the batch graduating in 2024:

Particulars	Internship Statistics 2023	Internship Statistics 2024
Batch Size	239	246
Number of New Recruiters	40+	30+
Number of Recruiters	90+	70+
Number of Students Placed	205	230
Number of Students Opt-Out	34	16
Highest Stipend	INR 2 Lakhs	INR 1.70 Lakhs
Median Stipend	INR 40 K	INR 40 K
Average Stipend	INR 40 K	INR 50 K
Top 10% Average Stipend	INR 97 K	INR 1.36 Lakhs
Top 25% Average Stipend	INR 72 K	INR 1.03 Lakhs
Top 50% Average Stipend	INR 55 K	INR 72 K
Top Recruiters	Blinkit, ICICI Bank, Aditya Birla, Decathlon, Cognizant, Microsoft, Jio,	Accenture, DCM Shriram, Adani, Michael Page,

IIM Sirmaur Summer Placements for MBA (T&HM) 2024 

Now, let's see the IIM Sirmaur summer internship placement of the year 2024 for MBA(T&HM).

The following is the summer internship placement for MBA(T&HM) statistics for the batch graduating in 2024:

Particulars	Internship Statistics 2024	Internship Statistics 2023
Batch Size	51	51
Number of Students Placed	51	50
Number of Students Opt - Out	-	1
Number of Recruiters	51	30+
Highest Stipend	INR 2 Lakhs	INR 1.2 Lakhs
Average Stipend	INR 45 K	INR 32 K
Median Stipend	INR 40 K	INR 32 K
Top 50% Average Stipend	INR 69 K	INR 67 K
Top 25% Average Stipend	INR 90 K	INR 85 K
Top 75% Average Stipend	INR 57 K	INR 50 K
Top Sector	Tourism	Travel & Tourism
Top Recruiters	Big Basket, RBI, Radisson Blu, Adani, Upskillz, Digit, Decathlon	The Lalit, RBI, Tata Power, Taj, GoYaana, Shangri-la, Radisson Blu

Alumni of IIM Sirmaur Network

Below is the list of Alumni network of IIM Sirmaur:

Company	No. of Alumni	Company	No. of Alumni
ICICI Bank	8	Captain Fresh	3
Axis Bank	6	Comviva	3
HDFC Bank	9	eClerx	6
E&Y	8	AAJ Enterprises	3
Cognizant	6	BenQ India	3

Frequently Asked Questions about IIM Sirmaur Placement 2023

Q. How are placements at IIM Sirmaur?

Ans. For the MBA 2021–2023 cohort, IIM Sirmaur's final placement procedure recorded 100% recruitment. There were 243 offers issued to the 238 students in the batch by the 125 organizations that came to the school to recruit. The highest CTC offer increased by an astounding 142% over the previous year.

Q. Does IIM Sirmaur have 100 percent placement?

Ans. For the seventh batch of 2021–2023, the Institute of Management in India (IMI Sirmaur) has placed all of its MBA candidates. The average income has increased by 13% to Rs. 14,45 LPA from Rs. 12,74 LPA in the previous year.

Q. What is the highest package of IIM Sirmaur MBA?

Ans. 

Year	Highest Package	Average Package	Medium Package
2019	INR 16 LPA	INR 9.2 LPA	INR 9 LPA
2020	INR 26 LPA	INR 11.28 LPA	-
2021	INR 16 LPA	INR 9.6 LPA	INR 10 LPA
2022	INR 26.5 LPA	INR 12.74 LPA	INR 12.23 LPA

Q. Which IIM is toughest to get into?

Ans. The hardest schools include IIM Ahmedabad, Bangalore, Calcutta, Lucknow, and Indore. Compared to the other IIMs, IIM-B places a greater emphasis on academics.

Q. Why IIM packages are so high?

Ans. You would provide a lot more value in these roles than in other, more transactional roles, thus your pay would reflect that. One example would be the consulting sector, which pays among the highest and hires nearly exclusively from elite business schools.

Q. What is the CAT percentile required for IIM Sirmaur?

Ans. CAP 2023 announced the 92 percentile (general) and 70 percentile (sectional) IIM Sirmaur CAT Cut-off Scores. The institute also releases the SAP cut-off in order to screen female applicants for the MBA Program.

Q. How many seats are there in IIM Sirmaur?

Ans. Hotel and Tourism Management MBA Program. IIM Sirmaur is the provider. Time Frame: Two Years. 60 seats; total fees: ₹ 13.65 L. Exams accepted: MBA, GMAT, CAT, and so forth. IIM Sirmaur is the provider. Time Frame: Two Years. Fees totaled ₹13.65 L. Exams accepted: CAT. Compare brochures.

Management Ph.D. IIM Sirmaur is the provider. Time Frame: Six Years. Compare brochures.

Q. What is the rank of IIM Sirmaur in NIRF?

Ans. According to NIRF 2023, IIM Sirmaur is rated 98th out of all the best management schools in India.

Q. Is it compulsory to stay in hostel in IIM Sirmaur?

Ans. Facilities for students: IIM Sirmaur's Post Graduate Program in Management is a totally residential program, and all students must dwell in the hostel accommodations offered by the institute.

Q. Do IIM graduates earn in crores?

Ans. The best MBA placements in India are thought to occur at IIMs. For MBA grads, the typical CTC offer ranges from INR 28 lakh to INR 14 lakh annually. Nearly every year, the highest CTC at the top six IIMs reaches Rs 80 lakhs or 1 crore.