IIM Kashipur Placements 2023: 100% Students Placed, 28% Hike In Highest CTC

The Indian Institute of Management Kashipur is a second-generation IIM set up by the Government of India in 2011. It aspires to achieve excellence in management education by using innovative teaching methods, promoting high-quality research, and practicing sustainable leadership. The Institute recently concluded its final placement season for the MBA and MBA (Analytics) batch of 2021-23, making it the fastest placement season to ever close off with the highest package of INR 37 LPA! Below are the details.

IIM Kashipur Placement 2023: Key Highlights

The average CTC of the batch 2021-23 stands at INR 18.11 LPA with a year-on-year growth of 19%. The median CTC is INR 17.2 LPA with a year-on-year growth of 16%. The highest CTC stands at INR 37 LPA with 28% growth over the previous year.

The top 10% of the batch bagged an average CTC of INR 28.5 LPA, while for the top 20%, the average CTC was INR 25.9 LPA. For the top 30%, the average CTC was INR 24.5 LPA with successful year-on-year growth of 21%, 20%, and 22% respectively.

The recruitment drive witnessed several new organizations joining the list of esteemed recruiters such as HashiCorp, EXL Analytics, Royal Bank of Scotland, Nomura, MTR Group, with a coterie of recruiters. In total, 200+ organizations participated in the summer and final placements, and 50+ new organizations recruited from IIM Kashipur this year.

Major recruiters at IIM Kashipur placement season 2023: IT and BFSI sector emerged as the top recruiters for this season!

This accomplishment was followed by another milestone wherein IIM Kashipur went through an independent audit for both summer and final placement reports as per IPRS standards, making it one of the few IIMs following IPRS to prepare and report placement data.

IIM Kashipur Summer Placement Season 2023

In line with the final placements, IIM Kashipur observed a similar trend in the summer recruitment drive for the batch of 2022-24. The summer placement season for batch 2022-24 concluded on March 28th, 2023. The season witnessed the empanelment of new recruiters like GSK, Maersk, Tiger Analytics, TATA Capital, HSBC, IOCL, etc. along with long-term recruiting partners such as ICICI Bank, Shree Malani Foams, OfBusiness, PUMA, Reserve Bank of India and many more.  

Students at IIM Kashipur actively enhanced their corporate presence with amazing wins in various corporate and B- School competitions, bagging 1 National Winner award, 8 National Finalists, and 4 National Semi-Finalists positions.

Commenting on the successful placement season, Prof. Utkarsh, Chairperson, Placements and Corporate Relations, IIM Kashipur said, “IIM Kashipur is determined to develop strong corporate relations and placement opportunities for the students. This year, we saw active participation by 120+ organizations extending 320+ offers to the MBA and MBA (Analytics) batch of 2021-23. I would like to extend my warm gratitude to all the corporate organizations and recruiting partners for shaping this success story and anticipate fruitful synergies in the coming times.”