IRMA Placements 2023: Average Package: INR 15.50 LPA & Highest Package: INR 26.50 LPA

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IRMA Placements 2023: Average Package: INR 15.50 LPA & Highest Package: INR 26.50 LPA

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Written By Aparna Das 

IRMA Placements 2023 has been concluded with 100% placements. IRMA highest package increased by 8% at INR 26.50 LPA & IRMA average package stood at INR 15.50 LPA. 249 students were placed with 399 offers. BFSI sector emerged as the dominating sector as 42% of the total offers came from this sector only. Students also received 41 pre-placement offers. 49 recruiters participated in IRMA Placements 2023. Some of the top recruiters included ICICI Bank, Axis Bank, Reliance Retail, Vedanta, HDFC Bank etc. 

During IRMA Summer Internship Placements 2023, 250 students were placed with 450 internship offers. IRMA highest stipend stood at INR 1.7 Lakhs per month whereas IRMA mean stipend of INR 62 K per month.

To know more click here IRMA Courses & Fees 

IRMA Placement Highlights

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IRMA Placements 2023 Report

Particulars Placement Statistics 2023 Placement Statistics 2022 Placements Statistics 2021
Number of Recruiters 49 - 116
Number of Offers 399 431 330
Number of Students Placed 249 - -
Number of PPOs 41 19 -
Highest Package INR 26.50 LPA INR 26.50 LPA INR 19 LPA
Average Package INR 15.50 LPA 14.33 LPA INR 10.10 LPA
Median Package INR 15 LPA INR 15 LPA INR 10.10 LPA
Mean Package - INR 14.33 LPA INR 10.64 LPA
Top Recruiters ICICI Bank, Vedanta, HDFC Bank, Axis Bank, Reliance Retail etc Amul, Axis Bank, Cred Avenue, Flipkart, ICICI Bank, Vedanta CSR etc Amul, Axis Bank, CSR, ICICI Bank, ITC Agri Business, NTPC, Vedanta, Yes Bank etc

Also check IRMA Admission 2023

IRMA Placements 2022 Salary Statistics

The below table shows the salary statistics of IRMA Placements 2022:

Particulars Salary Statistics
Highest salary INR 26.50 LPA
Median salary INR 15 LPA
Mean salary INR 14.33 LPA
Top 10 percentile mean salary INR 20.05 LPA
Top 25 percentile mean salary INR 17.67 LPA
Top 50 percentile mean salary INR 16.70 LPA
Mean salary of Freshers INR 14.34 LPA
Mean salary of experienced students INR 14.31 LPA
Lowest salary INR 8 LPA

The mean salary stood at INR 20.05 LPA for the top 10 percentile, INR 17.67 LPA for the top 25 percentile, INR 16.70 LPA for the top 50 percentile. Freshers received a mean salary of 14.34 LPA & experienced students received a mean salary of INR 14.31 LPA. The lowest salary package offered was INR 8 LPA.

IRMA Placements Year - Wise Trends

The below table represents the year-wise placement trends of IRMA:

Particulars 2020-22 2019-21 2018-20 2017-19
Number of recruiters - 116 109 119
Number of offers 431 330 314 407
Number of PPOs 19 27 27 28
Highest salary INR 26.50 LPA INR 19 LPA  INR 52 LPA INR 50.31 LPA
Mean salary INR 14.33 LPA INR 10.64 LPA INR 10.77 LPA INR 12.84 LPA
Median salary INR 15 LPA INR 10.10 LPA INR 10.45 LPA INR 11.47 LPA
Lowest salary INR 8 LPA INR 5.40 LPA INR 4.80 LPA INR 6.20 LPA

This year, the highest ever number of students were placed as compared to the previous years. The number of placement offers also increased from 330 to 431.

  • The highest salary increased by 39.47% as compared to last year.
  • The average salary increased by 34.67% as compared to last year.
  • The median salary increased by 48.51% as compared to last year.
  • The lowest salary increased by 48.15% as compared to last year.

The below graph shows the IRMA salary trends of last 5 years:

IRMA Salary trend graph

The highest & average salary package increased as compared to the previous year. The average salary received in the 2022 placement drive is the highest as compared to the past 4 years. 

Also check Which is better - IRMA or New IIMs? 

IRMA Placements 2022 Top Recruiters

Adani Wilmar Ltd   Amul Axis Bank Cred Avenue
Dharmapal Stayapal Group DCM Shriram Grant Thronton LLP Future Group
Flipkart ICICI Bank IDFC First Bank Jio Platforms Ltd
Licious More Retail Metro Cash n Carry National Dairy Development Board
Reliance Retail Tata Steel Vedanta CSR Yes Bank

IRMA Placements 2022 Batch Profile 

The below info-graph represents the latest batch profile of IRMA:

IRMA Placements 2022 Batch Profile

The female & male ratio of the 2022-24 batch is 34:66. Most of the students are from Agriculture & Allied Disciplines followed by Engineering background. 42% of the students are from Agriculture & Allied Disciplines background.

Also check IRMA News Articles

IRMA Summer Internship Placements 2022 Report

Particulars Internship Statistics (2020-22) Internship Statistics (2021-23)
Number of recruiters 113 -
Number of offers 391 450
Number of students placed 252 250
Highest stipend INR 2 Lakhs per month INR 1.70 Lakhs per month
Mean stipend INR 63.01 K per month INR 62 K per month
Median stipend - INR 50 K per month
Top 10 percentile average stipend INR 1.36 Lakhs per month INR 1.34 Lakhs per month
Top 25 percentile average stipend INR 96.5 K per month INR 1.08 Lakhs per month
Top recruiters Crompton, Emami Agrotech, More Retail, Ninja Cart, NBHC, etc  Amul, Crompton, Grant Thronton, ITC Ltd, KPMG, More, Nestle, Yes Bank etc

During IRMA Summer Internship Placements 2022, 250 students were offered 450 internship offers. The highest stipend of INR 1.70 Lakhs per month was offered. Mean stipend of INR 62 K per month & median stipend of INR 50 K per month were received. Top 10 percentile received an average stipend of INR 1.34 Lakhs per month & top 25 percentile received an average stipend of INR 1.08 Lakhs per month.

Major recruiters who participated in the summer internship placement drive included Amul, Crompton, Grant Thronton, ITC Ltd, KPMG, More, Nestle, Yes Bank etc.

Also check IRMA Ranking

IRMA Summer Internship Placements 2022 Top Recruiters

Amul APCO Axis Bank Crompton
Cocacola Grant Thronton ITC Ltd Yes Bank
KPMG More Nestle Ninjacart
Pidilite Samunnati TATA Steel Vedanta

IRMA Summer Internship Placements 2022 Batch Profile

The below table shows the summer internship 2021-23 batch profile:

IRMA Summer internship placement batch profile

The total batch strength was 250. Among them, 72% were male students & 28% were female students. 74% of the total students were freshers. Most of them had academic backgrounds in Agriculture & Engineering.

IRMA Placements FAQs

Ques. What was the average package offered during IRMA Placements 2022?

Ans. Students received a mean salary of INR 14.33 LPA during IRMA Placements 2022.

Ques. What was the highest salary package offered during IRMA Placements 2022?

Ans. The highest salary package of INR 26.50 LPA was received during IRMA Placements 2022.

Ques. How many placement offers were made during IRMA Placements 2022?

Ans. A total of 431 offers were made during IRMA Placements 2022.

Ques. What was the median salary offered during IRMA Placements 2022?

Ans. The median salary stood at INR 15 LPA during IRMA Placements 2022.

Ques. Which recruiters visited the campus during IRMA Placements 2022?

Ans. Reputed recruiters like Flipkart, ICICI Bank, Axis Bank, Cred Avenue, Vedanta CSR, Cred Avenue etc visited the campus.

Ques. What was the highest stipend received during IRMA Summer Internship Placements 2022?

Ans. The highest stipend of INR 1.70 Lakhs per month was received during IRMA Summer Internship Placements 2022.

Ques. How many students were placed during IRMA Summer Internship Placements 2022?

Ans. 250 students were placed during IRMA Summer Internship Placements 2022.

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IRMA Highest and Average Package

Highest PackageAverage Package
3.12 Cr
14.14 L
062.3 Lakhs1.2 Crore1.9 Crore2.5 Crore3.1 Crore

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