IIT Delhi MBA Placement 2023: Average salary Up by 18% at Rs.25.82 LPA, Highest salary up by 12% at Rs.41.13 LPA; IT & Analytics Emerged as Top Recruiting Domain

The Department of Management Studies (DMS) at IIT Delhi has yet again recorded 100% Placement for its MBA 2021-23 batch with 18% hike in average salary which has gone up at Rs.25.82 LPA from Rs.21.9 LPA last year with top companies making placement offers across the domains.

On successful completion of 100% MBA placements 2023, Prof. Mahim Sagar, HoD, Department of Management Studies, IIT Delhi said, “Since its inception, the department has delivered comprehensive quality education to ambitious future managers. The curriculum, which includes state-of-the-art management courses, dual specializations, lecture series from global business leaders, live projects, and global field study, provides students with a forum to excel in the areas of their business interests. DMS, IIT Delhi has been consistently ranked as one of India’s best business schools, which is reflected in the Final Placement statistics of this year. A wide range of world-renowned recruiters have put their confidence in the department and have recognized the talent of our students.”

The placement season saw marquee companies from various sectors and domains, participating and offering new and varied profiles. Apart from the Regular recruiters, many new recruiters made placement offers to IIT Delhi MBA students. 
 

DMS IIT Delhi MBA Placement 2023: Key Highlights
The key highlights of the final placements are

• 100% Placements
• Average Salary in Placement 2023 goes up by 17.89% at Rs.25.82 LPA from Rs.21.9 LPA last year
• Highest Salary in Placement 2023 goes up by 12% at Rs.41.13 LPA from Rs.36.7 LPA last year
• Median Salary in Placement 2023 goes up by 10.68% at Rs.24.45 LPA from Rs.20.6 LPA last year
• Average Salary for Freshers goes up at Rs.24.01 LPA in Placement 2023
• IT & Analytics with 24.5% share in placements 2023 was the top recruiting segment followed by Sales & Marketing with 22.1% share
• Top Recruiters include EXL Service, Wipro, Accenture, Capgemini, IDFC, ICICI Bank, GAIL, IBM, Yes Bank, Bain & Company, McKinsey, Deloitte, Infosys, PwC, Adani Group, JSW among others

Profiles offered in Placement
The variety of companies also brought a huge range of profiles for the candidates. Profiles in Sales & Marketing spanned across Pre- sales consultant, Marketing leadership, Sales specialist, Associate Director Sales. Finance domain witnessed profiles ranging from Project Finance, FMP, Financial Risk Specialist. Operations domain also saw many sought after profiles like strategic sourcing, Digital Operations, and Program manager. As for the IT, Consulting & Analytics domain, the profiles ranged from IT Leadership, Business Development, Senior Business Analyst, Risk Advisory and so on.

Prof. Arpan Kar, Chair Corporate Relations at DMS IIT Delhi said, “IIT Delhi’s MBA Class of 2021-23 has successfully completed its Final Placements with recruiters from various verticals offering diverse profiles in Sales, Marketing, IT/ITES, Strategy, Consulting, Operations, Supply Chain, Finance, HR, and General Management. The college expresses gratitude to its regular recruiters who maintained their strong relationships, including Bain & Company, BlackRock, McKinsey & Company, Amazon, Tata Consumer Products, among others. The college also appreciates new recruiters such as Diageo, Yes Bank, Jubilant Foodworks, Adani, among others, for trusting and aligning their hiring cycles with their placement drive.”

IIT Delhi MBA Placements 2023: Top Recruiters
The list of recruiters includes big names in the industry, such as EXL Service, Wipro, Accenture, Capgemini, Paytm, Jio Saavn, Media.Net, Axtria, Merilytics, Mphasis, Diageo, Yum! Brands, Hexaware Technologies, Factspan Analytics, IDFC, Texas Instruments, ICICI Bank, Tata Consumer Products, JSPL, GAIL, People Interactive, IBM, Yes Bank, Indegene, Optum, Publicis Sapient, Bain & Company, McKinsey & Company, Accenture Strategy & Consulting, Alvarez & Marsal, Acuvon Consulting, Inmorphis, Deloitte, Infosys Consulting, PwC, Redseer Consulting,  Barclays, BlackRock, Anand Rathi Financial Services, Tresvista, Power Finance Corporation, Maybank, Amazon, Tata Consumer Products, JSPL, Whirlpool, Jubilant Foodworks Ltd., MTR,VOIS, Adani Group, JSW, Landmark Group, Bombay Shaving company among others

IIT Delhi MBA 2021-23 Batch Profile

• Gender Diversity: Female-34%, Male-66%
• Overall Batch work experience: 23 Months
• Experience Diversity: Freshers-25%; Students with Work experience-75%
• Academic Diversity

Academic Back Ground	Percentage of Students
Engineering	91.2%
B.Com/BSc/MSc	6.4%
Biotechnology & Textile	2.4%

CAT Cut off for MBA 2021-23 Batch

• Minimum CAT 2020 %ile Considered for Shortlisting for 2021-23 batch: 95%ile
• CAT 2020 Cut off for Freshers: 98%ile
• CAT 2020 Cut Off Overall: 97.6%ile

Domain wise placements
More than 24.5% of the offers accounted for the IT/ITES roles followed by 22% profiles in the Sales & Marketing domain. Detailed domain wise placement is shared below:

IT & Analytics: 24.5% Share in Placements 2023
IT & Analytics domain saw students with diverse full-time offers in coveted profiles, such as Data Analyst, IT Leadership, Product Specialist, Business Analyst, Marketing Analyst, etc. Some of the regular and new recruiters in this domain are EXL Service, Wipro, Accenture, Capgemini, Paytm, Jio Saavn, Media.Net, Axtria, Merilytics, Mphasis, Diageo, Yum! Brands, Hexaware Technologies, Factspan Analytics, IDFC, etc.

Sales & Marketing: 22.01% Share in Placements 2023
Sales & Marketing domain emerged as the second most favored choice of students, with 22.1% of the batch receiving offers for roles such as Product Manager, B2B Sales Consultant, Marketing Management Trainee, Sales Management Trainee, Business Analyst and Business Development, etc., at industry players like Texas Instruments, ICICI Bank, Tata Consumer Products, JSPL, GAIL, People Interactive, IBM, Yes Bank, Indegene, Optum, Publicis Sapient among others.

Strategy & Consulting: 17.2% Share in Placements 2023
Strategy & Consulting was the third most favored domain in which students received final placement offers. Some of the regular and new recruiters in this domain were Bain & Company, McKinsey & Company, Accenture Strategy & Consulting, Alvarez & Marsal, Acuvon Consulting, Axtria, Inmorphis, Publicis Sapient, Deloitte, Infosys Consulting, PwC, Redseer Consulting etc., offering coveted profiles such as Associate Consultant, Capabilities & Insights Consultant, Cybersecurity Management Consultant, Strategy and Management Consultant, Business Consultant, Pre-sales consultant among others.

Finance: 14% Share in Placement 2023
Finance domain was not far behind the other domains in terms of student preference. Students received offers from industry giants like Barclays, BlackRock, Yes Bank, Anand Rathi Financial Services, Tresvista, Power Finance Corporation, Maybank, etc. for challenging profiles, such as Financial Services Consulting, Wealth Management, Finance Associate, Finance Manager, Portfolio Monitoring among others.

Supply Chain and Operations: 11.5% Share in Placement 2023
Supply Chain and Operations saw recruiters like Amazon, Tata Consumer Products, JSPL, Whirlpool, Jubilant Foodworks Ltd., MTR, _VOIS, Yum! Brands etc. offering roles such as Supply Chain Management Trainee, Program Manager, Quality and Process Excellence, Operations Strategy, etc. to the students.

General Management and Human Resources: 10.7% Share in Placement 2023
General Management and HR domain saw 10.7% of the batch opting for roles like General Management Trainee, Employee Experience Management, Human Resource Management, etc. in companies like Adani Group, Bombay Shaving Company, JSPL, JSW, Landmark Group

IIT Delhi, being an integral part of a world class institution, the MBA students at DMS IITD, have the access to excellent facilities, globally renowned pedagogy and an excellent opportunity to connect with the nation’s and the world’s best corporate and entrepreneurial minds in the path towards successful careers.

The Department of Management Studies IIT Delhi launched the MBA programmes in 1997. At present DMS-IIT Delhi runs a two year full time MBA programme (General and with focus on Telecommunication Systems Management) and a three year part time MBA programme (with focus on Technology Management). The students are admitted through a rigorous screening process that includes CAT score, WAT, group discussion and interview.

Stay tuned to MBAUniverse.com for more updates on DMS- IIT Delhi