Published On : Thu, Dec 29th, 2022
By Nagpur Today Nagpur News

IIM Nagpur’s students ace placements yet again

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Nagpur: IIM Nagpur witnessed participation from over 100 top firms like Microsoft, Adani, ICICI Bank, Bank of America, BNY Mellon, Indus Valley Partners, etc., for the final placement process for the seventh batch of its flagship MBA program. The process was completed on December 28, 2022, and saw a rise of 10.05% in the average CTC to ₹16.74 LPA. The median CTC stood at ₹16.85 LPA, while the highest offer to a candidate was ₹64 LPA.

In addition to the above firms, all the students who participated in the placement process also secured offers from other prominent recruiters like ADP, Mahindra & Mahindra, Yes Bank, KPMG, Deloitte, Infosys, Accenture, IBM, HCL Tech, TVS Motors, Loreal, Juspay, HDFC Bank, etc.

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IT/ITES & BFSI emerged as the most sought-after sectors, followed by Consulting, with more than 70 percent of the students opting for the companies in these sectors. The most preferred roles were those in Strategy Consulting & Analytics, Sales & Marketing, Finance, and Product Management, followed by roles in General Management.

Commenting on the process, Director IIM Nagpur, Dr.Bhimaraya Metri, said, “The student’s performance in the placement process is a testament to the intellectual capital, new-generation courses, learning ecosystem, strong industry relationships, and connectivity to the corporate world available to the students. The confluence of all these factors makes our institute the most favoured choice for students and corporates.”

Thanking the corporate partners for their participation in the recruitment process, Chairperson of Career Development Services, Prof. Nilesh Gupta, said, “IIM Nagpur students have won prestigious corporate competitions this year and have been able to convert their dream roles into reality. This has been possible only due to the unique learning environment created at the institute by our faculty and administration.”

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