How are the placements at IIM Nagpur?
- If you are a software engineer with a strong coding ability and the option to switch jobs, or if you are an engineer with a non-software job that pays more than INR 5 lakh per year, or if you have a degree from a top college in a city, you may want to consider skipping IIM Nagpur.
- If you have below-average academics and will not be able to secure a good job, or if you are an engineer in a core industry with a non-permanent job and a salary of around INR 2 lakh, you may want to consider attending IIM Nagpur.
- Keep in mind that companies from top industries may view IIM Nagpur graduates as inferior and may not consider them for certain positions.
- It is also worth considering the long-term career prospects of graduates from IIM Nagpur. Some may find that their peers who did not pursue an MBA are more successful in the job market, even if they have less education and experience.
- Lastly, be aware that starting salaries for IIM Nagpur graduates may be lower, and you may have to take on additional loans in order to afford the cost of education and maintain a certain lifestyle. These loans may take several years to pay off.
Comments
IIM Nagpur, a government funded institute, is ranked 40th by NIRF. It has collaborations with universities like Tel Aviv(Israel), Asian Institute of Technology(Thailand) and many others across Japan, France to provide student exchange programmes to learn hands-on experience with various global firms.
Fees
For the MBA/PGDM course, the total fees is approximately 12 lacs. The student strength is 130.
Placements
- The average placement percentage has been around 95%.
- Industry-wise, the BFSI sector has 19% and IT covers 17% of recruitments. It is followed by Consulting with 9% and later Customer Care with 5%.
- Domain-wise, Finance covers the highest with 24%. Next is General Management and Sales with 22%.
- The pre-placement offers in summer placements were around 10 with the highest stipend of 1 lac and average of 50,000.
- The key participant companies are Deloitte, Genpact, Infosys, ThyssenKrupp, PolyCab, HCL, Coffee Day Overseas, Amazon, Value Labs, etc.
- 50+ companies visited the campus for recruitments making 100+ offers.
The table given below briefly describes highest and average offers made
|
Particulars |
2020 |
2019 |
|
Highest CTC |
40 LPA |
20 LPA |
|
Average CTC |
13.3 LPA |
12.4 LPA |
|
Median CTC |
12.55 LPA |
12 LPA |
Summer Placements:
- 40% of new companies were on the campus to recruit the students.
- More than 60 recruiters from various sectors such as BFSI, Logistics, Energy, Consumer Durables, FMCG, Consulting, FinTech, E-Commerce, Pharmaceutical, and Real Estate participated in the hiring process.
- The highest stipend was INR 1,20,000 while the average stipend was INR 54,064.
The placements are fairly good, considering the relatively high ROI. Thereby, IIM Nagpur stands out if one is looking for a college of national importance in terms of job opportunities.
Comments
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