IIM Raipur Placements 2024: Average Package: INR 19.7 LPA & Highest Package: INR 43.4 LPA
What's New in IIM Raipur?
07 Nov, 2024
- IIM Raipur has released the audited final placement report of batch 2022-24. The highest package recorded was INR 42.29 LPA and the average package stood at INR 18.15 LPA
IIM Raipur Placements 2024: Average Package: INR 19.7 LPA & Highest Package: INR 43.4 LPA
IIM Raipur Placements 2024 final report is released for the MBA batch 2022-24. IIM Raipur highest package stood at INR 43.4 LPA whereas IIM Raipur average package at INR 19.7 LPA. This year the average package and the highest package of IIM Raipur has decreased from the previous years. Some of the top recruiters of IIM Raipur Placements 2024 included Accenture, ACG, Adani, Adity Birla Capital, Berger, Deloitte, etc.
IIM Raipur Summer Internship Placements 2024 final report is also released. A total of 109 recruiters provided Internship opportunities to 328 students. IIM Raipur highest stipend stood at INR 3.50 Lakhs whereas IIM Raipur average stipend increased by about 16% to INR 1.39 Lakhs.
Table of Content
- IIM Raipur Placements 2024 Report
- IIM Raipur Average Package 2024
- IIM Raipur Highest Package 2024
- IIM Raipur Placements 2023 Industry - Wise
- IIM Raipur Placements 2023 Function - Wise
- IIM Raipur Summer Internship Placements 2024 Report
- IIM Raipur Placements 2024 Top Recruiters
- IIM Raipur Alumni Network
- IIM Raipur Placements FAQs
IIM Raipur Placements 2024 Report
| Particulars | Placement Statistics (2024) | Placement Statistics (2023) | Placement Statistics (2022) |
|---|---|---|---|
| Number of Students Registered for Placements | 325 | 255 | 252 |
| Number of Companies Participated | - | 107 | 113 |
| Highest Package | INR 43.4 LPA | INR 67.60 LPA | INR 42.15 LPA |
| Average Package | INR 19.7 LPA | INR 21.04 LPA | INR 17.73 LPA |
| Median Package | INR 18.5 LPA | INR 20 LPA | INR 16.95 LPA |
| Average Package of Top 10% Students | INR 31.2 LPA | - | - |
| Average Package of Top 25% Students | INR 26.3 LPA | INR 28.25 LPA | INR 24 LPA |
| Average Package of Top 50% Students | INR 23 LPA | INR 24.77 LPA | INR 21.01 LPA |
| Top Recruiters | Accenture, ACG, Adani, Adity Birla Capital, Berger, Deloitte, etc. | IBM, HDFC Bank, TATA Steel | Accenture, Airtel, IBM, Swiggy |
IIM Raipur Average Package 2024
IIM Raipur average package stood at INR 19.7 LPA during the 2024 placement drive. You can check the year-wise average package details of IIM Raipur in the below table:
| Years | Average Package | Average Package of Top 50% | Average Package of Top 25% |
| 2024 | INR 19.70 LPA | INR 23.00 LPA | INR 26.30 LPA |
| 2023 | INR 21.04 LPA | INR 24.77 LPA | INR 28.25 LPA |
| 2022 | INR 17.73 LPA | INR 21.02 LPA | INR 24.01 LPA |
| 2021 | INR 15.11 LPA | INR 18.53 LPA | INR 20.61 LPA |
| 2020 | INR 15.20 LPA | INR 18.72 LPA | INR 21.28 LPA |
| 2019 | INR 14.54 LPA | INR 17.18 LPA | INR 18.56 LPA |
| 2018 | INR 12.45 LPA | INR 15.76 LPA | INR 17.50 LPA |
IIM Raipur Highest Package 2024
The below graph shows the highest package over the years:
- The highest package has decreased this year by almost 35% from INR 67.6 LPA in 2023 to INR 43.3 LPA in 2024.
IIM Raipur Placements 2023 Industry - Wise
During IIM Raipur Placements 2023, the highest number of placements were made in the BFSI sector (32%) followed by the IT/ITES sector (23%). The below table will show you the detailed statistics of the industry-wise placements:
| Industry | Percentage of Students Placed | Highest Package | Average Package |
|---|---|---|---|
| BFSI | 32% | INR 32.50 LPA | INR 21.04 LPA |
| IT / ITES | 23% | INR 43.43 LPA | INR 20.61 LPA |
| Strategy & Consulting | 14% | INR 32.21 LPA | INR 19.64 LPA |
| FMCG / FMCD | 12% | INR 67.60 LPA | INR 21.78 LPA |
| Manufacturing | 12% | INR 62 LPA | INR 22.39 LPA |
| Miscellaneous | 7% | INR 32.65 LPA | INR 21.51 LPA |
IIM Raipur Placements 2023 Function - Wise
The following table represents the function wise data of IIM Raipur Placements 2023:
| Function | Percentage of Students Placed | Highest Package | Average Package |
|---|---|---|---|
| Sales & Marketing | 29% | INR 67.60 LPA | INR 20.98 LPA |
| Analytics & Consulting | 28% | INR 32.21 LPA | INR 19.14 LPA |
| Operations and IT | 20% | INR 43.43 LPA | INR 22.88 LPA |
| Financial Management | 12% | INR 32.50 LPA | INR 20.93 LPA |
| General Management | 11% | INR 62 LPA | INR 22.94 LPA |
IIM Raipur Summer Internship Placements 2024 Report
| Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| No. of Students in the Batch | 328 | 262 |
| No. of Recruiting Companies Participated | 109 | 108 |
| Highest Stipend | INR 3.50 Lakhs per month | INR 3.50 Lakhs per month |
| Average Stipend | INR 1.39 Lakhs per month | INR 1.20 Lakhs per month |
| Average Stipend (top 10%) | INR 2.79 Lakhs per month | INR 2.59 Lakhs per month |
| Average Stipend (top 25%) | INR 2.43 Lakhs per month | INR 2.04 Lakhs per month |
| Average Stipend (top 50%) | INR 2.11 Lakhs per month | INR 1.66 Lakhs per month |
| Top Domain | Sales & Marketing | Sales & Marketing |
| Top Recruiters | ICICI Bank, IBM, Adani, Gartner, Deloitte | Airtel, Berger Paints, Cognizant, BYJU’s |
- The median stipend stood at INR 1.50 Lakhs per month during the 2024 summer internship placement drive.
- The average stipend increased from INR 1.20 Lakhs to INR 1.39 Lakhs.
- Top 10%, 25% & 50% average stipends also increased in the 2024 summer internship placement drive as compared.
IIM Raipur Placements 2024 Top Recruiters
The below table will show you the name of some of the top recruiters who participated in IIM Raipur Placements 2024:
| Accenture | Adani | Aditya Birla Capital |
| Amazon | Axis Bank | Bandhan Bank |
| Bank of America | Capgemini | Cisco |
| Cognizant | Deloitte | Dalmia |
| Grant Thronton | GSK | Genpact |
| HDFC Bank | Hero | Hexaware |
| HSBC | ICICI Bank | Infosys |
| Mphasis | NPCI | Ultratech |
Check Comprehensive Guide To Solve Guesstimates Questions In An Interview
IIM Raipur Alumni Network
| Name of the Companies | No. of Alumni |
|---|---|
| IIM Raipur | 82 |
| ICICI Bank | 69 |
| Deloitte India (U.S. offices) | 62 |
| Cognizant | 41 |
| Accenture | 31 |
| Amazon | 23 |
| Deloitte | 20 |
| HDFC Bank | 20 |
| Vedanta Resources Ltd. | 20 |
| UltraTech Cement | 18 |
| Tata Steel | 17 |
| CEC | 13 |
| Maruti Suzuki India Ltd. | 13 |
| Indian Oil Corporation Ltd. | 12 |
| Larsen & Toubro | 11 |
IIM Raipur Placements FAQs
Ques. What was the highest CTC offered in the placement drive of 2024 at IIM Raipur?
Ans. In the placement drive of 2024 at IIM Raipur, the highest CTC stood at INR 43.4 LPA and the average CTC stood at INR 19.7 LPA.
Ques. How many students participated in the placement drive of 2024 at IIM Raipur?
Ans. During the placement drive of 2024 at IIM Raipur, 325 students participated.
Ques. What is the average package of IIM Raipur?
Ans. During the 2024 placements at IIM Raipur, the average package stood at INR 19.7 LPA.
Ques. Which are the top recruiting companies at IIM Raipur?
Ans. Some of the top recruiters like Accenture, ACG, Adani, Adity Birla Capital, Berger, Deloitte, etc participated in the placement drive of 2024 at IIM Raipur.
IIM Raipur Highest and Average Package
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Why To Join IIM Raipur - Reviews & Rating
Most Popular Tags
Likes
- Sports infrastructure within the campus of IIM
Placement Experience:
The median salary offered for the 2021-2023 batch was 1around eighteen lakhs per annum. I plan to enter the corporate world and join my main specialisation which is marketing team abd hence move further in my career
Likes
- Overall experience is quite good. The campus is very pleasent and the weather is quite good here.
- Overall ambience is very good and I really enjoying here
Dislikes
- Location in quite interior. Basic essentials purchase is bit far away.
- Batch strength is way too high according to the new IIMs
Placement Experience:
It's quite okaish according to the marketing situation. I can't disclose the company who came but companies include FMCG, finance, consultant were there. And I am in first year so I don't know much about final placement. Highest package in summer internship is 1.6 per months
Likes
- Placements are quiet good here at iim raipur.
- Campus life of IIM Raipur is amazing with a lot to do.
Dislikes
- The academic rigor at IIM Raipur is quiet harsh
Placement Experience:
IM Raipur's placements are highly commendable with students becoming eligible for campus placement in their final year.The institute witnesses extensive participation from over 100 companies across various sectors prominent recruiters like Bosch, BMW, Deloitte Gail, ICICI kpmg offering roles in diverse domains like analytics, consulting, finance, sales and marketing, The placement statistics showcase impressive figures .The highest domestic ctc offered in 2023 was 43 .43 lpa with an average of 21 .04 lpa. These figures highlight the institute's strong industry connections and the highly employability of its graduate . College remarkably 100 % of the students registered for placement secure jobs indicating the effectiveness of placement cell. For students at IIM Raipur the placement process opens doors numerous opportunities across the different sectors.
Likes
- IIM Raipur has a good student exchange program.
Placement Experience:
After 3rd trimester (1st year), right after our summer placements we become eligible for final placements. There are a lot of companies (100+) that come to the campus and all the students get placed. My plan is to work in the corporate for the next 10 years and then switch to building my own firm.
Likes
- Accommodation was good and comfortable. Single occupancy rooms were given with bed, mattress, table, chair, cupboard, and attached washroom
- Food was good and with variety. Both veg and non veg food was there
Dislikes
- Faculty. Some faculties were biased and rude
- Rule of only wearing formals or semi formals for class
Placement Experience:
From semester 4, students become eligible for campus placements. Companies big and small visit like Accenture, HDFC Bank, ICICI Bank, Deloitte, etc. 210 offers are made Highest package per company was 36LPA, and average package is 10 LPA Almost there is 100% placement My plans after getting the degree is to start the job and start earning
Likes
- Campus. The campus is best part of college
Placement Experience:
The students get eligible after 1st trimester for internship placements and for final placements, they start in 4th trimester. There were about 110 companies who visited and made 380 offers. There is 100% placement in our college
Likes
- Campus life- The best time you’ll get in your life
- Exams- Groups study is the key to excel.
Dislikes
- Rigour- sometimes it gets a little tiring
- Stress- you need to have stress management skills in order to sustain
Placement Experience:
Our college has 100% placements, with amazing companies coming for domains like sales and marketing, operations, and finance. College helps the students in preparing dilligently for the entire process as well.
Likes
- Hostel Life has been amazing with lot of group activities, socializing and having fun times.
- The support that you receive from your peers is quite encouraging
Placement Experience:
In the 2nd year of an MBA, students become eligible to sit for placements. Batch after batch we achieved 100% placements and you can find the top recruiters hiring students from our college as per the official website.
Likes
- Infrastructure, hostel and mess facility
- Campus life, events and varius students facilitated activities
Placement Experience:
Placements are improving in our college year by year. Now our current average and mean package stands at 22 LPA and it is amazing compared to other 2nd generation IIMs. The college gives full support to its students regarding placements. No one is left behind.
Likes
- Campus life, swimming pool,gym , library facilities
- Vast course curriculum, Diversity , Faculty members
Placement Experience:
The batch of 21-23 witnessed 100% final placements, while the batch of 22-24 also witnessed 100% summer internship placements. The average package of batch 21-23 is INR 21.04 LPA and the highest package that the institution witnessed is INR 67.60 LPA.
IIM Raipur: 7 Answered Questions
How is the placement scenario at IIM Raipur? Is it as good as shown in their placement report or is it inflated? And what are your reviews on IIM Raipur?
IIM Raipur placements have been pretty good over the last few years. Here are the recent placement highlights for the institute.
| Parameters | Statistics (2019-2021 | Statistics (2020-2022) |
| Average CTC | INR 15.11 LPA | INR 17.73 LPA |
| Median CTC | INR 14.8 LPA | INR 16.95 LPA |
| Highest CTC | INR 30 LPA | INR 42.15 LPA |
| No. Companies participated | 140+ | 113 |
Tata Steel, HDFC Bank, IBM, Accenture, IBM, Airtel, etc. are among the top recruiters that took part in the placement drive.
IIM Raipur doesn’t inflate the placement report. Overall, it is a decent B-school and offers excellent academics.
What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?
In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
Can a student at the IIM Raipur get a placement in Raipur or a nearby city?
Let me be honest, your chances of getting an offer from Raipur itself are very less. My stance can be proved through the following reasons
- Raipur is not a very big city and does not have many top firms that will visit the IIM campus.
- In case a company does visit, you have to get shortlisted and give the interview on the same day. Without proper preparation, you might even flunk it.
- Even with the low chances a company does visit the campus, the chances of your second-year specialization matching with the specialization that particular company is looking for are rare.
- It was extremely difficult to get into an IIM after facing tough competition. In such a case you shouldn’t limit your chances to a single location only.
Broaden your options and trust me once out of IIM you will be brave enough to survive anywhere.
Why are IIM Ranchi and Raipur underrated compared to IIM Udaipur even after better placement records?
I think the single most important reason why IIM Raipur and Ranchi are considered below IIM Udaipur is the lack of proper marketing. IIM Udaipur has managed to make its mark through enough marketing and promoting research culture. The IIMRs is also flawed in the sense that they are located in extremely poor economic states. This flaw overshadows all their features and the fact that they have better placement scenarios than IIM Udaipur.
Every IIM has set a certain goal and is gradually climbing the ladder to reach its level of excellence. The same is the case with IIMRs. In just a few years these two will be among the best IIMs in India.
Which is the best college in terms of placement in OPS/consulting/general management among IIM Raipur, Rohtak and Udaipur?
I am aware of the placement scenario at IIM Udaipur only as my sister recently graduated from it.
Operations
The faculty base of this domain specifically is very experienced and includes world class professors like Director Prof. Janat Shah.
Apart from faculty, the club SKEIN conducts national level summits (SCM Summit) by inviting industry experts to enlighten the students.
Consulting
The consulting club ConsultU takes charge of providing live projects throughout the year for students.
Placements
|
Domain |
Number of students placed |
placement percentage |
|
General Management |
59 |
19% |
|
Consulting / Strategy |
75 |
24% |
|
Operations/ Supply Chain Management |
7 |
2% |
What was the Summer Internship data for IIM Raipur?
The summer internship of batch 2022-24 recorded 100% placement with the participation of 109 companies and among them 41 were new recruiters. The highest stipend stood at INR 3.50 lakhs, the average at INR 1.39 lakhs and the median at INR 1.50 lakhs for 2 months. The Sales & Marketing domain was the best-performing domain with the most offers.
The domain-wise placement statistics are as follows:
| Domains | Percentage of Students |
|---|---|
| Sales & Marketing | 49% |
| Operations and IT | 19% |
| Analytics and Consulting | 12% |
| General Management | 11% |
| Financial Management | 9% |
The sector-wise placement statistics are as follows:
| Sectors | Percentage of Students |
|---|---|
| BFSI | 18% |
| FMCG/ FMCD | 23% |
| IT/ ITES | 16% |
| Manufacturing | 13% |
| Strategy & Consulting | 11% |
| Miscellaneous | 19% |
Which jobs were open in the top sectors during IIM Raipur's 2024 placements?
Jobs and types of profiles are completely based on the specialization. As we look into the placement data of 2023, sales and marketing emerged as the most demanding specialization among students with approximately 98% of the students in this field being placed.
Over 80 companies participated, with the top recruiters including HDFC Bank, TATA Steel, IBM Bank, SAMSUNG, McKinsey & Company etc. The Banking, Financial Services and Insurance (BFSI) sector offered the most placements, providing prestigious profiles like business associate, senior lead associate, senior executive, senior associate, assistant manager etc.
IIM Raipur Alumni Distribution by Sector
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Cognizant | Ernst & Young | Genpact | IBM |
| Infosys | Mu Sigma | Accenture | Deloitte |
| Tata Steel | Hero Motocorp | TVS Motors | HCL Technologies |
| MAQ Software | Tresvista Financial Services | Vedanta | MindTree |
| Tata Elxsi | Virtusa | ICICI Bank | ICICI Prudential |
| Aakash Educational Services Ltd. | SUZLON | Larsen & Toubro Limited | Asian Paints |
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