Home Icon Home Newsroom IIM Raipur Placements 2023: 100% Placement With Highest CTC At INR 67.60 LPA!

IIM Raipur Placements 2023: 100% Placement With Highest CTC At INR 67.60 LPA!

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IIM Raipur Placements 2023: 100% Placement With Highest CTC At INR 67.60 LPA!

Indian Institute of Management (IIM) Raipur was set up by the Government of India, Ministry of Human Resource Development (now known as the Ministry of Education) in 2010. The Institute has witnessed emphatic success in the placement season 2023. With a batch size of 255 students in the second year, the Institute recorded 100% placements! A total of 107 companies visited among which 32 were new recruiters. The average CTC stood at INR 21.04 LPA with a 19% increase from the previous year. 

Let’s take a look at the remarkable performance of IIM Raipur. 

IIM Raipur Placement Report 2023: Facts & Figures

This year, the highest CTC offered at IIM Raipur was INR 67.60 LPA - a 60% increase from the previous year. Median CTC stood at INR 20 LPA with an 18% increase from last year. The top 10% had an average of INR 34.64 LPA. The top 25% of the batch got INR 28.25 LPA while the top 50% had INR 24.77 LPA as the average CTC. 

Sector-wise details

Sector

Percentage of students recruited

Average CTC

Maximum CTC

Banking Financial Service 

and 

Insurance (BFSI)

32%

INR 21.02 LPA

INR 32.50 LPA

IT/ITES

23%

INR 21.29 LPA

INR 43.43 LPA

Strategy & Consultancy

14%

INR 19.64 LPA

INR 32.21 LPA

FMCG/FMCD 

12%

INR 21.78 LPA

INR 67.60 LPA

Manufacturing

12%

INR 22.39 LPA

INR 62 LPA

Miscellaneous

7%

INR 19.55 LPA

INR 25.50 LPA

Domain-wise details

Domain

Percentage of students recruited

Average CTC

Maximum CTC

Sales 

and Marketing

29%

INR 20.98 LPA

INR 67.60 LPA

Analytics and Consulting

28%

INR 19.09 LPA

INR 32.21 LPA

Operations & IT

20%

INR 23 LPA

INR 43.43 LPA

Financial Management 

12%

INR 20.87 LPA

INR 32.50 LPA

General Management

11%

INR 22.94 LPA

INR 62 LPA

IIM Raipur Summer Internship Placements

IIM Raipur’s summer internship placements also recorded new heights with an increase of 16% in the average stipend which stood at INR 1.39 lakh, with the highest stipend standing at INR 3.50 lakh. A total of 109 companies visited for summer placements and the batch of 328 first-year students received 100% placements. The median stipend was INR 1.50 lakh with a 50% increase from last year. The top 10% of students had an average stipend of INR 2.79 lakh, the top 25% had an average stipend of INR 2.43 lakh and the top 50% had INR 2.11 lakh as the average stipend. 

Commenting on the successful placement season, Prof. Ram Kumar Kakani, the Director, said, “We are thrilled with the success of our students in the placements, which is a testament to their hard work and the quality of education we provide. We will continue to strive towards excellence and prepare our students to become leaders in their respective fields”.

Prof. Parikshit Charan, Chairperson (Placements), said, “Our highlights reflect the dedication of our faculty, students, alumni, employers, and stakeholders at large who help create leaders who are prepared and energized to transform the business.

IIM Raipur is ranked 14th in NIRF (7th among IIMs) and one of the best new-generation IIMs set up in 2010. The institute is also the sole knowledge partner of Youth 20, 2023. 

Suggested Reads:

  1. FMS Delhi Final Placement Report 2023: Highest CTC At INR 1.23 Cr!
  2. SRCC Placement Report 2023: First Phase Highest Package At INR 35 LPA!
  3. IIT Roorkee MBA Placement Report 2023: 100% Placement, Highest CTC INR 27.94 LPA
  4. IIM Rohtak PGP Placement 2023: Institute Cements Its 100% Placement Spot, Highest Package INR 36 LPA
Edited by
Shreeya Thakur

As a biotechnologist-turned-writer, I love turning complex ideas into meaningful stories that inform and inspire. Outside of writing, I enjoy cooking, reading, and travelling, each giving me fresh perspectives and inspiration for my work.

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