LBSIM Delhi Completes 100% Placements 2023: Records 10% Rise in Average Salary at Rs.12.42 LPA; Morgan Stanley, DE Shaw, Gartner hire big

Lal Bahadur Shastri Institute of Management (LBSIM) Delhi, an emerging premier institute, and Centre of Excellence in management education, has completed 100 percent placements 2023 in 47 days for the large PGDM 2021-23 batch of 214 students with 10% increase in Average salary which has gone up at Rs.12.42 LPA from Rs.11.30 LPA last year. 

LBSIM witnessed 50+ companies covering all major domains like Finance, Research & Consultancy, Sales & Marketing, Human Resource and Operations, participating in the placement season making offers to 214 students.

On successful completion of LBSIM placements for the PGDM 2021-23 batch, Prof. Shelendra K Tyagi, Head Corporate Relations & Student Affairs, LBSIM New Delhi said,

“Lal Bahadur Shastri Institute of Management also witnessed an improvement in diversity of recruiters and job profiles offered to the students. The recruiters reinforced their trust more strongly in the talented students, the pedagogy, continuously evolving curriculum, and the faculty at LBSIM, which is evident from the increase in selections and additional multiple job profiles per company.”

LBSIM Delhi Placement 2023: Key Highlights

• 100% Placements completed as early as in November 2022
• Average Salary in Placement 2023 increased to Rs.12.42 LPA from Rs.11.3 LPA last year
• Median Salary goes up at Rs.12.05 LPA in LBSIM Placement 2023
• Highest Salary stood at Rs.24.75 LPA in LBSIM Placement 2023
• 50+ Recruiters participated in LBSIM Placement 2023
• 39 PPOs offered to LBSIM Students
• Growth of 28.43% in average CTC from 2021 to 2023
• Growth of 20.58% in CTC of Top 20% Recruiters from 2021 to 2023
• 32% increase in new recruiters.
• Research & Consultancy, and Finance were the major recruiting sectors in LBSIM Placement 2023 season while companies from all major domains like Sales & Marketing, Human Resource and Operations made multiple offers
• LBSIM  has added multiple new organsiations to the eminent recruiters portfolio
• Top Recruiters include DE Shaw & Co, Deloitte, EY, KPMG, Bain & Co, Darashaw, Asian Paints, Airtel, Havells, Gartner, ZS Associates, Egon Zehnder, Capgemini among other industry leaders from across sectors.

LBSIM PGDM Placements 2023: Key Trends
LBSIM New Delhi has a consistent record of high placements over the years. Last four years trends in LBSIM Placements are shared below

LBSIM Placement year	Average Salary Package (Rs. In Lakhs per annum)	Highest Salary Package (Rs. In Lakhs per annum)
2022-23	11.42	24.75
2021-22	11.3	25.9
2020-21	9.67	32
2019-20	9.2	29

LBSIM Delhi Programme Wise Placements 2023
Below is shared a snapshot of LBSIM Placements 2023 for PGDM General; PGDM Financial Management and PGDM R&BA programmes

PGDM Programmes	Average Salary (Rs. in lakhs)	Median Salary (Rs. in lakhs)	Highest Salary (Rs.in lakhs)
PGDM General	12.40	12.25	24.75
PGDM Financial Management	12.67	12.01	17.20
PGDM R&BA	11.62	11.30	14

LBSIM Students Receive Multiple PPO’s
Students received 39 PPO’s from top recruiters in various domains

New Recruiters in LBSIM Placements 2023
DE Shaw, Airtel, Carrier, Havells, Darashaw, Egon Zehnder, SBI Card, Makemytrip, ICICI Lombard, Info Edge, Volvo Eicher

LBSIM Sectoral Placements 2023
LBSIM New Delhi students received 47% offers from Research & Consultancy Sector followed by IT & ITES Sector with 23% offers. Below are the sector wise placements at LBSIM Delhi

Source: LBSIM New Delhi

Sector-Wise Top Recruiters

• Research & Consultancy: Deloitte, Bain & Co, EY GDS, KPMG, Gartner, ZS Associates, Egon Zehnder, Oxane Partners, SmartCube
• Banking, Financial Services & Insurance (BFSI): DE Shaw, Marsh, Darashaw, TresVista, Mazars, SBI Card, ICICI Bank, ICICI Lombard
• IT & ITES: Accenture, Capgemini, Infosys, Genpact, Cvent, Wipro, Cognizant, Tech Mahindra, Hevo Data, Newgen Software
• Engineering & Durables: Schneider Electric, Havells, Carrier, Addverb Technologies, TVS Motors, Volvo Eicher, Maruti Suzuki, JK Paper, SRF
• FMCG & Others: Britannia, DFM Foods, Asian Paints, Airtel, Makemytrip, Byju’s, Akash Education

LBSIM Batch Profile
LBSIM provides a platform to learn from diverse individuals, gaining the maximum knowledge from Peer-to-Peer learnings which is essential to an MBA Program. LBSIM PGDM batch 2021-23 has a healthy gender ratio, a blend of experienced students & freshers and students from myriad educational background, creating a fresh brew which is a mix of all required ingredients.

Academic Diversity
The PGDM 2021-23 batch at LBSIM comprises 75% students from non Engineering back ground coming from Commerce, Arts, Science back ground while 25% students are BE/B.Tech

Work Experience
26 percent students in the batch are with work experience between 1 to 2+ years while 74 students have work experience with less than one year or are without work experience

Source: LBSIM New Delhi

Lal Bahadur Shastri Institute of Management, Delhi is one of the leading B-schools in the country, imparting values-based management education since 1995. Apart from 2 years full time PGDM programmes, LBSIM offers  Executive program in Management and Fellow Program in Management.

PGDM Admissions 2023 at LBSIM are based on CAT/XAT/GMAT Score, Extempore/GD, and Interviews. The selection parameters include entrance score, academics,performance in the selection rounds and profile-based shortlisting on multiple parameters like work experience, extra-curricular activities. LBSIM has a strong Alumni network with 4000+ alumni contributing to various industries, government, social sectors across India and the globe.

Stay tuned to MBAUniverse.com for more updates on LBSIM Delhi