IIM Nagpur Placements 2023: Average Package: INR 16.74 LPA & Highest Package: INR 64 LPA

Nagpur, MaharashtraAutonomous UniversityEstd 2015
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IIM Nagpur Placements 2023: Average Package: INR 16.74 LPA & Highest Package: INR 64 LPA

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Written By Mayank Badhwar 

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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Placement Highlights

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Table of Content

  1. IIM Nagpur Placements 2023 Highlights
  2. IIM Nagpur Placements 2022 Report
  3. IIM Nagpur Placements 2022 Statistics
  4. IIM Nagpur Placements 2022 Domain - Wise
  5. IIM Nagpur Placements 2022 Sector - Wise
  6. IIM Nagpur Placements Year Wise Trends
  7. IIM Nagpur Placements 2022 Batch Profile
  8. IIM Nagpur Summer Internship Placements 2023 Highlights
  9. IIM Nagpur Summer Internship Placements 2022 Highlights
  10. IIM Nagpur Summer Internship Placements 2022 Domain-Wise
  11. IIM Nagpur Summer Internship Placements 2022 Sector-Wise
  12. IIM Nagpur Summer Internship Placements 2022 Batch Profile
  13. IIM Nagpur Placements 2021 Sector Wise Analysis

13.1 IIM Nagpur Consulting Sector Placements 2021

13.2 IIM Nagpur BFSI Sector Placements 2021

13.3 IIM Nagpur IT Sector Placements 2021

13.4 IIM Nagpur Sales & Marketing / Other Sector Placements

  1. IIM Nagpur Placements Top Recruiters
  2. IIM Nagpur Alumni Network
  3. IIM Nagpur FAQs

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

Batch Profile Infograph

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

Check IIM Nagpur News & Articles

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:

Domain wise Placement graph

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:

Sector wise Placement Graph

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:

Educational Background of 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

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

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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 Highest and Average Package

Highest PackageAverage Package
38.40 L
16.30 L
07.7 Lakhs15.4 Lakhs23.0 Lakhs30.7 Lakhs38.4 Lakhs

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IIM Nagpur: 2 Answered Questions

How are the placements at IIM Nagpur?

Pragya TripathiIIM Nagpur

Whether or not it is a good idea to pursue a postgraduate degree at IIM Nagpur (or any other IIM) depends on the individual circumstances and alternatives available. Here are some general guidelines to consider:

  • 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.

In summary, if you are an engineer with a decent job, it may be best to avoid IIM Nagpur (and possibly other IIMs) unless you are confident that you can rank in the top 20% of the class. Otherwise, the time and money spent on an MBA may not be worth it in the long run.

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Is IIM Nagpur good for giving placements in Nagpur?

Girish Singh
Raja Yayati YadavStudied at Indian Institute of Management, Nagpur (Graduated 2020)

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.

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IIM Nagpur Alumni Distribution By Companies

TA Digital 21%
ZS Associates 21%
Deloitte 17%
ICICI Lombard 17%
Bharat Petroleum Corporation Limited (BPCL) 13%

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Frequently Visited Companies

Companies
AmazonZS AssociatesDeloitteFractal Analytics ltd
Larsen & Toubro Ltd.Wipro TechnologiesMuSigma Business Solutions Ltd.LatentView
Bharat Petroleum Corporation Limited (BPCL)Schindler Ltd.Tech MahindraZycus
GMR GroupICICI LombardIDBI BankTeach for india
BergerTech AspectAce CalderysCrisil
Yes BankTorrentAmulBajaj Allianz

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