IMT Ghaziabad Placement 2023: Formal Placement Process Over in 15 Days with 14% Rise in Average Salary-Goes up at Rs.17.35 LPA; Highest Salary Up at Rs.65.60 LPA

IMT Ghaziabad has closed the formal placement process for the final Placement 2023 of its 2 year PGDM Class of 2021-23. IMT Ghaziabad placements 2023 have broken the B-school’s past records not only in terms of achieving higher salary packages but also number of recruiters making placement offers.

In the Placement for 2021-23 batch, IMT Ghaziabad has registered an increase of 14% in average salary which has gone up at Rs.17.35 LPA in placement for 2021-23 batch. A 40% increase is recorded in average salary as compared to last 2 years. The top 10 and top 20 percent average CTC are 29.61 lakhs per annum and 25.30 lakhs per annum respectively The industry has re-affirmed its faith in the institute during a successful recruitment drive at the IMT Ghaziabad campus this year, with job offers from diverse sectors through leading recruiters. There have been 77 new recruiters with 30+ recruiters in Fortune 500 global companies.

Addressing the success of placements, Dr Vishal Talwar – Director, IMT Ghaziabad said “The students, faculty, alumni and the placement team/committee have done it again. IMT Ghaziabad has worked together as a unit and delivered very positive results for our student/recruiter fraternity. I thank everyone profusely for all the efforts made and the outcomes manifested. IMT Ghaziabad is moving forward on all its learner centric goals including progressive career outcomes”

IMT Ghaziabad Placement 2023 Highlights

• Placement Process Over for the large batch in 15 days
• Average Salary Up by 14%; goes up at Rs.17.35 LPA from Rs.15.28 LPA last year
• Average Salary of Women students is higher as compared to male students, and is above overall campus average CTC. The average CTC of female students stands at Rs.17.95 LPA as compared to Rs. 17.14 LPA for male students
• Average Salary of top 10% Students goes up at Rs.29.61 LPA
• Median Salary goes up at Rs.16 LPA
• Highest Salary Up at Rs.65.60 LPA
• 150+ Companies participated in Placement 2023
• 77 are first time recruiters
• More than 30 recruiters are part of Fortune 500 Global Companies with 15 of them featured in top 100
• Top Recruiters include  Deloitte, Google, Infosys, Microsoft, Accenture, Cisco, Cognizant, Genpact, Reckitt, Marico, Adani Wilmar, Safari, Philips, Wipro

Acknowledging the consistent faith and support from the corporate partners, the Head – Placements, IMT Ghaziabad. Anil Kumar said “IMT Ghaziabad has surpassed all expectations with remarkable results in just 15 days, with an unprecedented average salary of 17.35 lakhs per annum and a median salary of 16.0 lakhs per annum. This has been possible due to the relentless and consistent efforts of the placement team at IMT Ghaziabad, in nurturing and building long term relationship with organizations. The year witnessed a fear of recession which led to an anticipation of low hiring across sectors, with global market being gloomy and layoffs across companies being the point of discussion. However, the industry showed faith in the quality of our students with an overwhelming response.”

IMT Ghaziabad has witnessed a 14% increase in average annual compensation as compared to last year (i.e. batch of 2022) and 40% increase as compared to last 2 years (i.e. batch of 2021). 

Top Recruiters at IMT Ghaziabad
150+ recruiters from across the sectors visited IMT Ghaziabad for final placement 2023. With interest and support from corporates across the industry and verticals including BFSI, Consulting, IT/ITES, Internet Business, FMCG and Consumer Goods, Logistics and Supply Chain, Automobile, Pharmaceutical amongst others. Some of the top recruiters are

Average Salary of Women Higher than Male Students
IMT has high gender diversity and encourages balanced work ratio. This was evident this year as the average CTC of females is higher as compared to male and is above overall campus average CTC. The average CTC of female students stands at 17.95 lakh per annum as compared to 17.14 lakh per annum for male students. The average CTC of top 10% female at IMT Ghaziabad was 28.51 lakh per annum as compared to average CTC of male which was 29.88 lakh per annum. IMT promotes and encourages females in every aspect of the career and growth development. With female students being offered higher CTC during final placements, it surely acts as a motivation for them

Source: IMT Ghaziabad

Sector Wise & Domain Wise Placements
The year witnessed a fear of recession which led to an anticipation of low hiring across sectors, with global market being gloomy and layoffs across companies being the point of discussion. However, the industry showed faith in the quality of IMTG students with an overwhelming response. Companies spanning across various sectors FMCG, Consumer Products, Automobile, Manufacturing, BFSI, Internet Business, Logistics and Supply Chain, amongst others have participated in the placement process this year. Students have been offered roles in Sales & Marketing, Analyst, Financial Risk & Advisory, Credit, General Management & Leadership, Strategy, Consulting, Credit Risk, Project Management, Wealth & Private Banking, FPA/Corporate Finance, Treasury Risk, Project Management, Product Management, Market Research, Equity Research, and Operations.

More than 70% offers have been generated by the BFSI, IT/ITES, Consumer Goods, and Consulting sectors. Automobile, Manufacturing & Engineering, Logistics & Supply Chain, and Retail hiring in good numbers indicated positive growth within Indian market, against the global outlook.

Consulting: Consulting has always been the most sought after sector in all the top B-schools. Despite gloomy outlook in the global markets, we were able to secure interest from global consulting firms such as BAIN, Deloitte, Infosys Consulting, Kroll, GEP, KPMG Global Services, Feedback Infra, Techmatrix, to name a few.

Consumer Goods and Products: FMCG and Consumer Durables/Products offers were driven by participation of giants such as Reckitt, Marico, Pernod Ricard, TATA Consumer Products, NIVEA, UB, Asian Paints, VIP Industries, Bajaj Electricals, Bajaj Consumer Care, Adani Wilmar, Safari, Philips, and Wipro CCL, and others. Consumer Goods and Products sector has contributed 5% more than last year.

BFSI: Finance had a marvelous run this annum leading with more than 30% offers in the batch, with participation from some of the prestigious firms such as Arcesium, Goldman Sachs, Credit Suisse, Morgan Stanley, NatWest Group, HSBC, HDFC Bank, Policy Bazaar, Client Associates, Bank of America, Standard Chartered, Aditya Birla Capital, ClearTax, BNY Mellon, JMI, IIFL, Airtel Payments, and Darashaw, among others.

IT & ITES: IT and ITES sector contributed to 18% of offers this annum owing to the global business challenges. Despite the tough times, firms such as Google, Microsoft, Accenture, Cisco, Cognizant, Genpact, TechMahindra, Zycus, Hexaware, IBM, DELL, Hughes Systique, MAQ Software, Quest Global to name a few have shown faith in the talent at IMT and hired during the campus process.

IMT Ghaziabad Placement Trends: Last 3 Years
IMT Ghaziabad has continuously strived to achieve greater heights in all the areas, and career outcomes or its students is no different. In last 3 years, IMT Ghaziabad has consistently grown in terms of its recruiter base and the compensation benchmarks.

IMT Ghaziabad Program wise Placements 2023
The program wise placement statistics for IMT Ghaziabad are as below

IMT Ghaziabad is one of the top ranked business schools with four decades of legacy. IMT Ghaziabad’s faculty is all respected professionals who have been recognized and globally rewarded for their achievements in their respective fields. Many of them are internationally acclaimed scholars who lead executive programs at IMT and are strongly focused on synthesizing partnerships with global institutes. IMT Ghaziabad offers 2 – year Postgraduate Diploma in Management programs with the students specializing in the domains of Marketing, International Business & Marketing, Finance, Advanced Quantitative Finance, Banking and Financial Services, Operations, International Trade & Logistics, and HR. With cutting edge corporate – centric curriculum and corporate readiness approach, IMT Ghaziabad has been able to attract recruiters across the sectors offering new profiles and stellar roles.

The objective of IMT Ghaziabad as an institute is to help students become influential leaders who can achieve results that have the potential to transform organizations. The institute tries to inculcate values of innovation, social justice, and hands on approach as well as to facilitate design/lateral thinking capabilities. 

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