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IIM Nagpur Placements 2023: Average Package: INR 16.74 LPA & Highest Package: INR 64 LPA
IIM Nagpur Placements 2023: Average Package: INR 16.74 LPA & Highest Package: INR 64 LPA
IIM Nagpur has completed the Final Placements process for the seventh batch of its flagship Post Graduate Programme in Management. The process was completed on 28th December, 2022 and saw a 10.05% increase in the Average CTC which stood at INR 16.74 LPA whereas the Highest Package stood at INR 64 LPA and the Median Package stood at INR 16.85 LPA. More than 100 firms participated in the placement drive. IT/ITES and BFSI emerged as the top recruiting sector followed by Consulting sector with more than 70 percent of students opting companies in these sectors.
IIM Nagpur concluded its summer internship placements for the batch 2023 where 77 companies participated and all the 244 students were offered internships. The Highest Stipend stood at INR 3.6 Lakhs whereas the Average Stipend stood at INR 70.5K.
Recruiters like ICICI Bank, Deloitte, Collegedunia, Indiamart, Capgemini, Infosys, Accenture, Dell, Amazon participated in the placement drive of 2022.
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Table of Content
- IIM Nagpur Placements 2023 Highlights
- IIM Nagpur Placements 2022 Report
- IIM Nagpur Placements 2022 Statistics
- IIM Nagpur Placements 2022 Domain - Wise
- IIM Nagpur Placements 2022 Sector - Wise
- IIM Nagpur Placements Year Wise Trends
- IIM Nagpur Placements 2022 Batch Profile
- IIM Nagpur Summer Internship Placements 2023 Highlights
- IIM Nagpur Summer Internship Placements 2022 Highlights
- IIM Nagpur Summer Internship Placements 2022 Domain-Wise
- IIM Nagpur Summer Internship Placements 2022 Sector-Wise
- IIM Nagpur Summer Internship Placements 2022 Batch Profile
- IIM Nagpur Placements 2021 Sector Wise Analysis
13.1 IIM Nagpur Consulting Sector Placements 2021
13.2 IIM Nagpur BFSI Sector Placements 2021
IIM Nagpur Placements 2023 Highlights
| Batch | Placement Statistics (2021-23) |
|---|---|
| Number of Companies Participated | 100+ |
| Highest Package | INR 64 LPA |
| Increase in Average Package | 10.05% |
| Average Package | INR 16.74 LPA |
| Median Package | INR 16.85 LPA |
| Top Recruiters | Microsoft, Adani, ICICI Bank |
IIM Nagpur Placements 2022 Report
| Batch | Placement Statistics (2019-21) | Placement Statistics (2020-22) |
|---|---|---|
| Batch Strength | 121 | 200 |
| Students Placed | 100% | 100% |
| New Recruiters | 41 | 31 |
| Highest Package | INR 19.2 LPA | INR 31.54 LPA |
| Average Package | INR 13.21 LPA | INR 15.21 LPA |
| Median Package | INR 13 LPA | INR 15.42 LPA |
| Average Package of Top 50% Students | INR 15.53 LPA | INR 17.21 LPA |
| Average Package of Top 10% Students | - | INR 22.19 LPA |
| Major Sector | Consulting & ITES | Consulting & ITES |
| Top Recruiters | BCG, Dell | Infosys, Collegedunia, Deloitte |
In the placement drive of 2022, 200 students were there in the batch and the institute achieved 100% placements. A total of 31 new recruiters participated.
The highest CTC stood at INR 31.54 LPA and the average CTC increased by 15.21% and stood at INR 15.21 LPA whereas the median CTC increased by 18.62% which stood at INR 15.42 LPA.
The maximum number of students were placed in the consulting and ITES sector and recruiters like Infosys, Collegedunia, Deloitte, Dell participated in the placement drive.
The following table represents the campus-wise comparative analysis between IIM Calcutta, IIM Bangalore, IIM Lucknow, and IIM Indore:
| Name of the Institute | Number of Companies Participated | Highest CTC | Average CTC | Median CTC |
|---|---|---|---|---|
| IIM Bangalore | 150 | INR 80 LPA | INR 28.98 LPA | INR 28.6 LPA |
| IIM Calcutta | 172 | INR 87.36 LPA | INR 28.75 LPA | INR 27 LPA |
| IIM Indore | 210+ | INR 56.8 LPA | INR 23.6 LPA | INR 22.6 LPA |
| IIM Lucknow | - | INR 56 LPA | INR 26 LPA | INR 23.5 LPA |
IIM Nagpur Placements 2022 Statistics
| Particulars | Statistics |
|---|---|
| Increase in Batch Size | 68% |
| Increase in Median CTC | 18.62% |
| Increase in Average CTC | 15.12% |
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IIM Nagpur Placements 2022 Domain - Wise
The following table represents the domain wise placements for the batch 2022 at IIM Nagpur:
| Domains | Percentage of Students Placed |
|---|---|
| IT & Analytics | 28.93% |
| Strategy & Consulting | 23.35% |
| Sales & Marketing | 21.32% |
| Finance | 9.64% |
| Operations | 4.57% |
| General Management | 12.18% |
In the placement drive of 2022, the maximum percentage of students were placed in the IT & Analytics domain (28.93%) followed by Strategy & Consulting (23.35%).
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IIM Nagpur Placements 2022 Sector - Wise
The following table represents the sector wise placements at IIM Nagpur:
| Sectors | Percentage of Students Placed |
|---|---|
| IT/ITES | 39.59% |
| Consulting | 32.49% |
| BFSI | 11.68% |
| E-Commerce & Logistics | 5.58% |
| Conglomerates | 4.06% |
| FMCG & FMCD | 4.06% |
| Edu-Tech | 2.54% |
During the placement drive of 2022, the maximum percentage of students were placed in the IT/ITES sector (39.59%) followed by Consulting Sector (32.49%).
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IIM Nagpur Placements Year Wise Trends
The following table represents the year wise trends at IIM Nagpur:
| Particulars | Statistics (2020) | Statistics (2021) | Statistics (2022) |
|---|---|---|---|
| Batch Strength | 106 | 121 | 200 |
| Placement Rate | 100% | 100% | 100% |
| Highest Package | INR 40 LPA | INR 19.20 LPA | INR 31.54 LPA |
| Average Package | INR 13.10 LPA | INR 13.21 LPA | INR 15.21 LPA |
| Median Package | INR 12.80 LPA | INR 13 LPA | INR 15.42 LPA |
| Average CTC (top 50% students) | N/ A | INR 15.53 LPA | INR 17.21 LPA |
| New Recruiters | 50+ | 41+ | 31 |
| Participating Sectors | Analytics, Automobile, BFSI, FMCG, Consulting | Consumer Durables, EdTech, E-commerce, Analytics, Logistics | Consulting, BFSI, FMCG / FMCD, ITES, E-Commerce, Manufacturing, Logistics. |
| Highest Recruiting Sector | Consulting | Consulting | ITES |
| Top Roles Offered | Sales & Marketing | Strategy, Consulting & Analytics | Consulting, Management, Advisor |
| Top Job Profiles | - | Management Consulting, Research and Advisory, Brand Management, Key Account Management, Fixed Income Research | Management Consulting, Product Management, Risk advisory |
| Top Recruiters | Deloitte, Mu Sigma, ValueLabs, Wipro Digital, Infosys, Mphasis, FIITJEE | BNY Mellon, Bain & Company, Xiaomi, Salesforce, Accolite Digital, Utkarsh Small Finance Bank | Crompton Greaves, EpiKIndiFi, HCL, Xiaomi |
IIM Nagpur Placements 2022 Batch Profile
IIM Nagpur Summer Internship Placements 2023 Highlights
| Particulars | Internship Statistics |
|---|---|
| Batch | 2021-23 |
| Number of Students in the Batch | 244 |
| Increase in the Total Number of Students | 17.78% |
| Percentage of Students Placed | 100% |
| No. of Companies visited | 77 |
| Highest Stipend | INR 3.6 Lakhs |
| Increase in Highest Stipend | 44% |
| Average Stipend | INR 70,551 /- |
| Increase in Average Stipend | 17.78% |
| Major Sector | IT / ITES, Sales & Marketing |
| Top Recruiters | Microsoft, BNY Mellon, Bigbasket, DE Shaw |
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IIM Nagpur Summer Internship Placements 2022 Highlights
| Particulars | Statistics |
|---|---|
| Batch | 2020-22 |
| No. of Companies visited | 100 |
| Total no. of Students in the batch | 208 |
| No. of Students getting dual Offers | 9 |
| Percentage of Internship Placements | 100% |
| Highest Stipend | INR 2.50 Lakhs per month |
| Average Stipend | INR 62.06 K per month |
| Average Stipend (Top 50%) | INR 95.20 K per month |
| Median Stipend | INR 40 K per month |
| Increase in Average Stipend | 14.80% |
| Increase in Highest Stipend | 108% |
| Top recruiters | Microsoft, BNY Mellon, Future Generali, Shriram Housing Finance, Doha Bank, Nivis Sports etc |
During IIM Nagpur Summer Internship Placements 2022, 100% students got placed. A total of 100 companies participated.
The Highest stipend stood at INR 2.5 Lakhs whereas the average stipend for top 50% students and the average stipend stood at INR 95.2K and INR 62.06K respectively was offered to the students and the average stipend stood at INR 40K.
There was an increase of 108% in the highest stipend and 14.80% in the average stipend. Top recruiters like Microsoft, BNY Mellon, Future Generali, Shriram Housing Finance, Doha Bank, Nivis Sports etc participated in the summer internship placement drive.
IIM Nagpur Summer Internship Placements 2022 Domain-Wise
The below graph represents the domain-wise data of IIM Nagpur Summer Internship Placements 2022:
In the summer internship placement drive of 2022, the maximum internship offers were offered in the sales and marketing domain (36.97%) followed by the General Management Domain (21.85%).
IIM Nagpur Summer Internship Placements 2022 Sector-Wise
The below graph represents the sector-wise data of IIM Nagpur Summer Internship Placements 2022:
In the summer internship placement drive of 2022, the maximum number of offers were from the BFSI Sector (15.18%) followed by Ed-Tech (13.09%).
IIM Nagpur Summer Internship Placements 2022 Batch Profile
The below table represents the batch profile of the IIM Nagpur Summer Internship Placements:
| Particulars | Statistics |
|---|---|
| Total No. of Students in the batch | 208 |
| Male Students | 78.57% |
| Female Students | 21.43% |
| Average Age | 25 |
| Average Work Experience | 30.6 months |
During IIM Nagpur Placements 2022, the participating batch comprised 208 students among which 78.57% were male students & 21.43% were female students. The average age of the students was 25 years. The work experience of the students was 30.6 months.
The below graph represents the educational background of the batch:
IIM Nagpur Placements 2021 Sector Wise Analysis
As per the information collected by Collegedunia, the maximum number of students were placed in the IT sector followed by Sales and Marketing sector and the highest CTC of INR 20 LPA was offered by Arcesium and Apollo Hospitals.
| Sectors | Number of Students | Highest CTC Range |
|---|---|---|
| Consulting | 7 - 12 | INR 17 - 20 LPA |
| BFSI | 2 | INR 10 - 13 LPA |
| IT | 15 - 20 | INR 15 - 17 LPA |
| Sales & Marketing and Others | 17 | INR 15 - 20 LPA |
IIM Nagpur Consulting Sector Placements 2021
The following table represents the Consulting sector placements of batch 2021 at IIM Nagpur:
| Company | Roles | No. of students | CTC |
|---|---|---|---|
| Bain & Co | Associate | 3 | 17-20 |
| Deloitte | Consultant | 10-12 | 11-14 |
| nexdigm | Consultant | 2 | - |
| Mindtree | Associate Consultant | 1 | 9-12 |
| IQVIA | Consultant | 0 | 14-16 |
| Arcesium | Consultant | 1 | 17-20 |
IIM Nagpur BFSI Sector Placements 2021
The following table represents the BFSI sector placements for the batch 2021 at IIM Nagpur:
| Company | Roles | No. of students | CTC |
|---|---|---|---|
| BNY Mellon | Senior Analyst | 1 | 13 |
| Utkarsh Small Finance Bank | Management Trainee | 0 | 10-13 |
| SBI General Insurance | Management Trainee | 1 | 10 |
IIM Nagpur IT Sector Placements 2021
The following table represent the IT sector placements for the batch 2021:
| Company | Roles | No. of students | CTC |
|---|---|---|---|
| Accenture | Business Analyst | 3 | 9-13 |
| L&T Infotech | Project Manager | 1-2 | 12-15 |
| ZS Associates | Decision Analytics associate | 2 | 15-17 |
| HCL | SMT (product) | 6-8 | 12-13 |
| NCR Corporation | Product Owner | 1 | |
| Mu Sigma | Apprentice Leader | 2 | 8-9 |
| Tech Mahindra | Senior Business Associate | 3 | 9-11 |
| Genpact | Program Manager | 1 | 10-12 |
| Jeevitam | Digital Footprint Manager | 1 | 10-13 |
| Accolite | Project Manager | 0 | 14 |
| Persistent | Consultant | 0 | 10-12 |
IIM Nagpur Sales & Marketing / Other Sector Placements
The following table represents the IIM Nagpur Sales & Marketing sector placements for the batch 2021 at IIM Nagpur:
| Company | Roles | No. of students | CTC |
|---|---|---|---|
| DHL | Management Trainee | 1 | 9-11 |
| Dalmia Bharat | Management Trainee | 0 | 9-11 |
| TVS | Management Trainee | 3 | 10-12 |
| Crompton Greaves | Management Trainee | 2 | 14-17 |
| Urban Company | Category Manager | 1 | 12-15 |
| Xiaomi | Management Trainee | 1 | 13-14 |
| Sula | Sr. Manager | 1 | - |
| Salesforce | Sales Strategy Associate | 1 | 15-17 |
| Polycab | Business Leadership Trainee | 1 | 13-15 |
| Phillips Carbon black Ltd. | Deputy Manager | 1 | - |
| Avasant | Senior Research Analyst | 1 | - |
| Byju's | Management Trainee | 3 | 10-11 |
| CJ Darcl Logistics | Business Strategy & development | 1 | - |
| Delhivery | Management Trainee | 0 | 10-12 |
| Appolo Hospitals | Management Trainee | 0 | 15-20 |
| CCIL | Management Trainee | 0 | 16-18 |
IIM Nagpur Placements Top Recruiters
IIM Nagpur Alumni Network
| Name of the Company | No. of Alumni |
|---|---|
| IIM Nagpur | 47 |
| Deloitte India (Office of the US) | 17 |
| V Guard | 12 |
| Tech Mahindra | 10 |
| HCL Technologies | 9 |
| ZS | 8 |
| FINesse | 7 |
| TCS | 6 |
| TVS Motor Company | 6 |
| TA Digital | 6 |
| LTI | 6 |
| Predixion | 5 |
| Hexaware Technologies | 5 |
| Thyssenkrupp | 5 |
| Trianz | 5 |
Quick Links
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| IIM Bodh Gaya | IIM Kashipur |
| IIM Udaipur | IIM Trichy |
| IIM Ranchi | IIM Rohtak |
| IIM Shillong | IIM Vizag |
IIM Nagpur Placements FAQs
Ques. How many recruiters participated in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022, around 31 new recruiters participated at IIM Nagpur and in 2021 41 new recruiters participated.
Ques. What is the highest CTC offered in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022 at IIM Nagpur, there has been increase in the highest CTC as compared to last year which stood at INR 31.54 LPA.
Ques. What is the average package offered in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022 at IIM Nagpur, the average CTC increased to INR 15.21 LPA from INR 13.21 in 2021.
Ques. How many students participated in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022 at IIM Nagpur, the greatest batch size of 200 students participated in the placement drive.
Ques. What is the median CTC offered in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022 at IIM Nagpur, the median CTC stood at INR 15.42 LPA.
Ques. Which are the top recruiting companies at IIM Nagpur?
Ans. Recruiters like ICICI Bank, Deloitte, Collegedunia, Indiamart, Capgemini, Infosys, Accenture, Dell, Amazon participated in the placement drive of 2022.
Ques. What is the highest stipend offered in the Summer Internship placement drive of 2023 at IIM Nagpur?
Ans. IIM Nagpur has also concluded its summer internship placements for the batch 2023. The Highest Stipend stood at INR 3.6 Lakhs whereas the Average Stipend stood at INR 70.5K.
Ques. How many companies offered Internships in the Summer Internship placement drive of 2023 at IIM Nagpur?
Ans. In the Summer Internships drive for the batch 2021-23, 77 companies made internship offers.
Ques. In which sector does the maximum percentage of students were placed in the placement drive of 2022 at IIM Nagpur?
Ans. During the placement drive of 2022, the maximum percentage of students were placed in the IT/ITES sector (39.59%) followed by Consulting Sector (32.49%).
Ques. In which domain does the maximum percentage of students were placed in the placement drive of 2022 at IIM Nagpur?
Ans. In the placement drive of 2022, the maximum percentage of students were placed in the IT & Analytics domain (28.93%) followed by Strategy & Consulting (23.35%).
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IIM Nagpur: 2 Answered Questions
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.
Is IIM Nagpur good for giving placements in Nagpur?
IIM Nagpur is currently one of the fastest-growing institutes among the new IIMs and has been making significant efforts to increase its batch size, academic programs, and placement opportunities. This is evident in the strong placement statistics that the institute has been able to achieve. According to media reports, the 2021-23 batch of the flagship MBA program at IIM Nagpur successfully completed its placement drive, with the highest package offered to be INR 64 LPA, and the average and median packages standing at INR 16.74 LPA and INR 16.85 LPA, respectively.
Over 100 top companies participated in the placement drive, including well-known firms such as Microsoft, Adani, ICICI Bank, and Bank of America. Furthermore, the IT & Consulting sectors and the ITES & BFSI sectors emerged as the leading sectors for placements, accounting for over 70% of the total placements from the 2021-23 batch.
IIM Nagpur is also expanding its field immersion programs to various countries such as Japan, South Korea, France, and Dubai, in addition to its student exchange program. This can present better opportunities for students in multinational companies this year. For people considering an MBA program and looking for an institute, IIM Nagpur would be a great option for considering, especially for those who have job experience of over a year, as it provides a great opportunity for growth. It's not as good as the older IIMs (BLACKI IIMs) but could be a good next-best option.
IIM Nagpur Alumni Distribution By Companies
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| Companies | |||
|---|---|---|---|
| Amazon | ZS Associates | Deloitte | Fractal Analytics ltd |
| Larsen & Toubro Ltd. | Wipro Technologies | MuSigma Business Solutions Ltd. | LatentView |
| Bharat Petroleum Corporation Limited (BPCL) | Schindler Ltd. | Tech Mahindra | Zycus |
| GMR Group | ICICI Lombard | IDBI Bank | Teach for india |
| Berger | Tech Aspect | Ace Calderys | Crisil |
| Yes Bank | Torrent | Amul | Bajaj Allianz |
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