IIM Raipur Final Placement 2019: Average Salary Up at Rs.14.53 LPA; 150 Recruiters Make Offers

IIM Raipur Placement 2019
Thursday, April 18 2019, 12:30 PM
IIM Raipur has concluded final placement 2019 with 150 recruiters participating in placement process. Average salary in Placement 2019 at IIM Raipur has gone up at Rs. 14.53 LPA from Rs.12.45 LPA last year. Highest Salary has also gone up at Rs.24.06 LPA in 2019 from Rs.22.05 LPA last year. IIM Raipur has started to award MBA degree instead of PG Diploma to the students of its flagship PGP programme.

150 Companies from varied domains reinstated their belief in IIM Raipur, owing to the diversity in academic background and work experience of the students. Backed by strong industrial relations, the placement season of 2019 for PGP batch 2017-19 witnessed an overwhelming participation from previous recruiters along with a host of 50 new recruiters vying for some of the country’s best minds at IIM Raipur.

Despite its large PGP 2017-19 batch size of more than 200 students, IIM Raipur has recorded a sharp hike in Highest and Average salary offers in Placement 2019. Diverse roles across the domains were offered by companies in BFSI, Consulting, IT/ITES, Manufacturing, Analytics among other sectors.

IIM Raipur Awards MBA Degree Instead of Diploma
After implementation of IIM ACT 2017, IIM Raipur has started to confer MBA degree to its students of flagship 2 years PGP programme instead of Post Graduate Diploma. The PGP Batch 2017-19 at IIM Raipur is also awarded MBA degree. It will help the passing out students to explore higher education opportunities in International Universities who require MBA degree in place of diploma. 

IIM Raipur Placement 2019: Highlights

  • Average Salary Up at Rs.14.53 LPA in 2019 from Rs.12.45 LPA last year
  • Highest Salary Up at Rs.24.06 LPA from Rs.22.05 LPA last year
  • Average Salary for top 25% Students Up at Rs.18.56 LPA
  • 150 Total Recruiters
  • 50 New Recruiters
  • Top Recruiters Include Adfactors PR, Accenture, Cognizant, Deloitte, Indigo, Mahindra Logistics, OYO, TAS

Key Placement Trends
The large batch size at IIM Raipur was no deterrent in final Placement 2019. On the contrary IIM Raipur witnessed its regular recruiters coming back alongwith 50 new recruiters among 150 recruiting companies who participated in Placement 2019.

The institute continues to ride high on its strong relationship with the corporate from India and abroad, with organizations from different sectors expressing interest in recruitment. The batch of 2017-19 consisted of students from diverse academic backgrounds and work experience. The future leaders have proved their mettle at every opportunity presented to them.

Salary Offers: Placement Analysis
IIM Raipur has witnessed consistent rise in salary offers in each placement season. The outgoing batch of 2017-19 received higher placement offers over last many years. Below is shared last four years analysis of salary trends in campus placements:

Placement year
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
2019
14.53
24.06
2018
12.45
22.05
2017
13.20
27.20
2016
12.51
21.50

Top Recruiters
150 recruiters showed interest in the final placement process in 2019. The highlight of the season was the participation of 50 new recruiters with whom the institute anticipates building a sustainable relationship. The Institute’s legacy of being a preferred destination for the corporate for talent acquisition, continues to be the characteristic feature of the fast-growing IIM Raipur.

Some of the top recruiters who made offers in IIM Raipur Placement 2019 include Adfactors PR, Accenture, Cognizant, Deloitte, Feedback Infra, GP Global, IndiGo, Mahindra Logistics, Neilsoft Ltd, OYO Rooms, TCNS Clothing Co., Tata Advanced Systems Ltd and many more Prominent Recruiters

Sector -wise Placement
Below is shared the Sector wise top recruiters, highest & Average salary offers made at IIM Raipur Placement 2019:

Placement Sector
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
Top Recruiters
BFSI
14.98
24.06
Axis Bank, Bank of America, HDFC Bank, HSBC, ICICI Bank, ICICI Prudential, IDFC Bank, Motilal Oswal Group
Strategy, Consulting, Analytics
15.26
19.86
Deloitte, Indigene, Accenture,  Analytics Quotient Decimal Point Analytics Latentview Analytics Tredence Analytics Tiger Analytics ZS Associates
Manufacturing
14.70
17.86
Amara Raja, Hero MotoCorp, Jindal Steel, L&T, Panasonic, REC, TATA Steel, Vedanta, Vguard, Aditya Birla UltraTech
IT/ITES
14.26
17.51
Accenture, Cognizant, Deloitte, Genpact, IBM, Indigene, IndiaMART, VMWare, Wipro

Domain-Wise Placement
Finance at IIM Raipur has emerged as highest paying domain with highest salary going up at Rs. 24.06 lakhs. Following are the domain wise placements at IIM Raipur:

Placement Domain
Average Salary (Rs. in Lakhs)
Highest Salary (Rs. in Lakhs)
Financial Management
15.10
24.06
Operation & IT
14.46
20.36
Analytics, Consulting & GM
15.50
19.86
Sales & Marketing
13.72
18.86

Indian Institute of Management (IIM) Raipur is headed by the Director, Prof Bharat Bhaskar who has a wide experience in academics and administration.  IIM Raipur was set up by the Government of India, Ministry of Human Resource Development in 2010 at Raipur, the capital of Chhattisgarh. Chhattisgarh is one of the fastest growing states of India with its rich mineral, forest, natural and local resources.

Presently IIM Raipur operates from the Government Engineering College Campus, Raipur. The Government of Chhattisgarh has allotted over 200 acres of land for the under construction campus of IIM Raipur in Naya Raipur. The construction of proposed campus is to be completed shortly. The new campus will be a state-of-the-art campus presenting a blissful mix of modern architecture, culture & heritage of Chhattisgarh  

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