IIM Nagpur Placements 2024: Average Package: INR 16.29 LPA & Highest Package: INR 38.40 LPA

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IIM Nagpur Placements 2024: Average Package: INR 16.29 LPA & Highest Package: INR 38.40 LPA

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Written By Collegedunia Team 

IIM Nagpur Placements 2024 final report for is released. According to the report, IIM Nagpur average package was recorded at INR 16.29 LPA whereas IIM Nagpur highest package stood at INR 38.40 LPA. IIM Nagpur Placements 2024 saw a participation of 62 new recruiters. Some of the top recruiters included Genpact, Capgemini, TVS, IDBI Bank, Axis Bank, Adani, Deloitte etc. The highest number of offers came from the ITES (33.50%) & BFSI (31%) sectors.

IIM Nagpur Summer Internship Placements 2025 final report is also released. According to the report, 81 new recruiters participated in the process. A total of 262 students participated and received the highest stipend at INR 4.50 Lakhs. The Institute saw an increase of 10.74% in average stipend and a 8.33% increase in median stipend which remained at INR 87.2 K and INR 65 K respectively. 

IIM Nagpur Placements 2024

IIM Nagpur Placements 2024 Report

Particulars Placements Statistics (2024) Placements Statistics (2023)
Number of New Recruiters 62 19
Number of Students 255 236
Highest Package INR 38.40 LPA INR 64 LPA
Average Package INR 16.29 LPA INR 16.74 LPA
Median Package INR 16 LPA INR 16.85 LPA
Top 50% Average Package INR 19.49 LPA INR 18.91 LPA
Top Domains General Management Strategy & Consulting
Top Recruiters Genpact, Capgemini, TVS, IDBI Bank, Axis Bank, Adani, Deloitte KPMG, Capgemini, TVS, HDFC Bank, BNY Mellon, Adani, IBM, Deloitte

The below table shows the top Management Colleges Placement comparison:

College Name Highest Package Average Package
IIM Visakhapatnam INR 43.25 LPA INR 15.64 LPA
IMT Ghaziabad INR 65.6 LPA INR 17.35 LPA
IIM Udaipur INR 46.77 LPA INR 20.09 LPA
NMIMS INR 67.80 LPA INR 26.63 LPA
Get Exclusive Placement Insights: Join IIM Nagpur Community

IIM Nagpur Average Package 2024

The below table will show you the average package statistics of IIM Nagpur Placements 2024:

Particulars Statistics
Overall Average Package INR 16.29 LPA
Top 10% Average Package INR 24.27 LPA
Top 25% Average Package INR 22.04 LPA
Top 50% Average Package INR 19.49 LPA

IIM Nagpur average package stood at INR 16.29 LPA during the 2024 placement drive. The below graphs shows IIM Nagpur average package trend:

IIM Nagpur average package

IIM Nagpur Highest Package 2024

IIM Nagpur highest package decreased from INR 64 LPA to INR 38.40 LPA in 2024. You can check the year-wise highest package trend of IIM Nagpur in the below table:

Placement Year Highest Package
2024 INR 38.40 LPA
2023 INR 64 LPA
2022 INR 31.54 LPA

IIM Nagpur Placements 2024 Domain - Wise

During IIM Nagpur MBA Placements 2024, the highest number of offers came from the General Management domain followed by the Strategy & Consulting domain. The below table will show you the domain-wise statistics of IIM Nagpur Placements 2024:

Domain Percentage of Offers
General Management 18.49%
Strategy & Consulting 17.05%
Sales & Marketing 14.88%
IT & Analytics 13.64%
Product Management 11.92%
Finance 11.57%
Operations 10.92%
HR 1.53%

IIM Nagpur Placements 2024 Sector - Wise

IT/ITES sector emerged as the top sector followed by BFSI sector during the 2024 placement drive at IIM Nagpur. The below table represents the statistics of IIM Nagpur Placements 2024:

Sector Percentage of Offers
ITES 33.50%
BFSI 31%
Consulting 13.80%
Manufacturing 12%
FMCG & FMCD 3.10%
Conglomerate 2.89%
Pharmaceutical, Marketing & Real Estate 2.27%
E-Commerce & Logistics 1.44%

IIM Nagpur Placements 2024 Top Recruiters

The below table will show you the names of some of the top recruiters of IIM Nagpur Placements 2024:

IIM Nagpur Top Recruiters

IIM Nagpur Placements 2023 Sector Wise Analysis

As per the Information collected by Collegedunia, the highest Package of INR 64 LPA was offered by Microsoft. The following is the sector wise analysis for the batch 2023 at IIM Nagpur:

Sector Package Range
IT INR 10 - 64 LPA
BFSI INR 11 - 20 LPA
Automotive INR 10.5 - 16 LPA
Retail INR 12 - 23 LPA
Manufacturing / Industrial INR 12 - 21 LPA
Others INR 12 - 28 LPA

IIM Nagpur IT Sector Placements 2023 

The following table represents the technology sector placements for the batch 2023 at IIM Nagpur:

Company Package Offered (LPA)
Microsoft 64
IBM 18 - 22
HCL Tech 13 - 14
Infosys 10 - 13
Accenture 11 - 14
Capgemini 12 - 15
ZS Associate 18
Cognizant 14 - 16.75
Tech Mahindra 12 - 14
Axtria 15 - 17
Rapidops 14
MuSigma 12 - 14

IIM Nagpur BFSI Sector Placements 2023 

The following table represents the BFSI Sector placements for the batch 2023 at IIM Nagpur:

Company Package Offered (LPA)
ICICI Bank 16 - 20
Bank of America 16 - 18
BNY Mellon 16 - 18
HDFC Bank 12 - 14
Anand Rathi 16
KPMG 12
Deloitte 12 - 15
PwC 11

IIM Nagpur Automotive Sector Placements 2023

The following table represents the Automotive sector placements for the batch 2023 at IIM Nagpur:

Company Package Offered (LPA)
Mahindra Sports Utility Vehicles 14 - 16
TVS 16
Tata Advanced System 11
Tata Power 10.5 + Benefits

IIM Nagpur Retail Sector Placements 2023

The following table represents the retail sector placements for the batch 2023 at IIM Nagpur:  

Company Package Offered (LPA)
Adani 23
Reliance Retail 13
Relaxofootwear 12

IIM Nagpur Manufacturing / Industrial Sector Placements 2023

The following table represents the Manufacturing / Industrial sector placements for the batch 2023 at IIM Nagpur:

Company Package Offered (LPA)
CJ Darcl 21
Thyssenkrupp 12 - 16
DS group 12 - 14

IIM Nagpur Other Sector Placements 2023

The following table represents the other companies offering Jobs at IIM Nagpur 2023 batch:

Company Package Offered
TresVista 23
Pune Metro 12
Times of India 12
L'Oreal 28
Vicco 12 - 14
ADP 16
Nilkamal 16
JUSPAY 18
IVP 17
Dalmia 14
Bluestone 16
Crompton 16

IIM Nagpur Summer Internship Placements 2025 Report

Particulars Internship Statistics (2025) Internship Statistics (2024)
Number of Recruiters NA 125
Number of New Recruiters 81 54
Number of Students 262 253
Highest Stipend INR 4.50 Lakhs INR 2.24 Lakhs
Average Stipend INR 87 K INR 78 K
Top 10% Average Stipend INR 2.25 Lakhs NA
Top 25% Average Stipend INR 1.77 Lakhs NA
Top 50% Average Stipend INR 1.37 Lakhs NA
Median Stipend INR 65 K INR 60 K

IIM Nagpur Summer Internship Placements 2025 Domain - Wise

IIM Nagpur Summer Internship Domain - wise split for batch 2025 is given below:

Domain Percentage of Offers
Sales & Marketing 42.73%
General Management 19.38%
Strategy & Consulting 11.01%
IT & Analytics 8.37%
Product Management 6.17%
Finance 4.85%
Operations 3.96%
Human Resources 3.52%

IIM Nagpur Summer Internship Placements 2025 Sector - Wise

IIM Nagpur Summer Internship Placement Sector - wise is given below:

Company Name Number of Offers
IT/ITES 28.63%
E-Commerce & Logistics 16.74%
BFSI 14.54%
Manufacturing 8.37%
FMCG / FMCD 7.93%
Consulting 7.49%
Marketing 4.85%
Ed-Tech 4.41%
Pharmaceutical 3.96%
Conglomerate 3.08%

IIM Nagpur Alumni Network

Company Name Number of Alumni
ICICI Bank 60
Indian Institute of Management Nagpur 49
Accenture 44
Cognizant 44
Tata Consultancy Services 41
HCLTech 33
Deloitte 27
LTIMindtree 24
BNY 22
Infosys 21
HDFC Bank 21
EY 20
Corporate Relations & Placement Committee, IIM Nagpur 20
Capgemini 18
Axtria - Ingenious Insights 12

IIM Nagpur Placements FAQs

Ques. How are placements at IIM Nagpur?

Ans. During IIM Nagpur Placements 2024, the highest package stood at INR 38.40 LPA & the average package stood at INR 16.29 LPA. 62 new recruiters participated in IIM Nagpur Placements 2024.

Ques. What is the highest placement in IIM Nagpur?

Ans. The highest package stood at INR 38.40 LPA during IIM Amritsar Placements 2024.

Ques. Is IIM Nagpur better than IMT Ghaziabad?

Ans. IIM Nagpur Placements 2024 recroded the highest package of INR 38.40 LPA & the average package of INR 16.29 LPA. In other hand, IMT Ghaziabad Placements 2023 recroded the highest package of INR 65.5 LPA & the average package of INR 16.07 LPA. Both colleges are good.

Ques. Why IIM Nagpur is better?

Ans. IIM Nagpur has good placement records. In trems of placements, IIM Nagpur offers more than INR 16 LPA as an avarage package.

Ques. Does IIM Nagpur has 100% placements?

Ans. Yes, IIM Nagpur offers 100% placements to its MBA students every year.

Ques. Which MBA college has the best placement in Nagpur?

Ans. IIM Nagpur can be counted as the best MBA college in Nagpur for placements.

Ques. What is the stipend for IIM Nagpur?

Ans. During IIM Nagpur Placements 2024 recorded the highest stipend of INR 4.50 Lakhs & the average stipend of INR 87 K per month.

Ques. Is IIM Nagpur good for MBA?

Ans. IIM Nagpur MBA achieves 100% placement every year. In 2024, the largest ever batch of 255 students got placed. The highest package stood at INR 38.40 LPA for the MBA students. In terms of placements, IIM Nagpur is good for MBA aspirants. 

Ques. How many recruiters participated in the placement drive of 2024 at IIM Nagpur?

Ans. In the placement drive of 2024, around 62 new recruiters participated at IIM Nagpur and in 2023, 19 new recruiters participated.

Ques. What is the highest package offered in the placement drive of 2024 at IIM Nagpur?

Ans. In the placement drive of 2024 at IIM Nagpur, there has been an dencrease in the highest package as compared to last year which stood at INR 38.40 LPA.

Ques. What is the average package offered in the placement drive of 2024 at IIM Nagpur?

Ans. In the placement drive of 2024 at IIM Nagpur, the average package decreased to INR 16.29 LPA from INR 16.74 in 2023.

Ques. How many students participated in the placement drive of 2024 at IIM Nagpur?

Ans. In the placement drive of 2024 at IIM Nagpur, the greatest batch size of 255 students participated in the placement drive.

Ques. What is the median package offered in the placement drive of 2024 at IIM Nagpur?

Ans. In the placement drive of 2024 at IIM Nagpur, the median package stood at INR 16 LPA.

Ques. Which are the top recruiting companies at IIM Nagpur?

Ans. Recruiters like Genpact, Capgemini, TVS, IDBI Bank, Axis Bank, Adani, Deloitte etc participated in the placement drive of 2024.

Ques. What is the highest stipend offered in the Summer Internship placement drive of 2025 at IIM Nagpur?

Ans. IIM Nagpur has also concluded its summer internship placements for the batch 2025. The Highest Stipend stood at INR 4.50 Lakhs whereas the Average Stipend stood at INR 87 K.

Ques. How many new companies offered Internships in the Summer Internship placement drive of 2025 at IIM Nagpur?

Ans.In the Summer Internships drive for the batch 2023-25, 81 new companies made internship offers.

Ques. In which sector does the maximum percentage of students placed in the placement drive of 2024 at IIM Nagpur?

Ans. During the placement drive of 2024, the maximum percentage of students were placed in the ITES sector (33.50%) followed by BFSI Sector (310%).

Ques. In which domain does the maximum percentage of students placed in the placement drive of 2024 at IIM Nagpur?

Ans.In the placement drive of 2024, the maximum percentage of students were placed in General Management (18.49%) followed by Strategy & Consulting (18%).

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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Placement Experience:

Placement is good for freshers and even with ex people who want to switch field. Average placement is around 17 lpa which gives a good ROI. Almost everyone gets placed in both summer placements and final placements.

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Tanisha Gupta
Tanisha Gupta MBA, General (Enrolled 2023) Reviewed on May 7, 2024
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InsiderReviews

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Placement Experience:

For Summer placements, the placement season starts around October and it is an open season. The average stipend for summer internships stays around 40000, with the highest to be around 150000 and the lowest to be 10000. Various big companies like Microsoft, De Shaw, BNY Mellon visited the campus. College guarantees 100% campus placements. For final placements, the placement season starts around September. The highest package includes 64 lpa, with an average package of 16.74 lpa. Majority of the roles are offered for marketing, finance, operations, HR. My plans after getting the degree is to get placed and work for few years under experts and then start a business of my own.

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PRERNA YADAV MBA, General (Enrolled 2023) Reviewed on Jan 17, 2024
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Placement Experience:

Many companies are coming for summer placement as well as final placement. Some of them are Microsoft, Adani, ICICI Bank, IBM, KPMG, etc., and many other big firms. The average placement for the 2021-23 batch is 16.74 lpa.

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Rajat MBA, General (Enrolled 2023) Reviewed on Jul 15, 2023
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Placement Experience:

Placements at our college are 100% and for the last 3 batches, it has been completed well before the start of the passing out batch final term. Bain, Microsoft, and every other large corporate or a good MNC visit campus to find out the best industry talent.

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Priyank Pawar
Priyank Pawar MBA, General (Enrolled 2018) Reviewed on Apr 28, 2023
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Placement Experience:

Students become eligible for placements in the fifth trimester, the highest package we got is 63 whereas the lowest is around 10 LPA, we got very good profiles ranging from financial analysts and consultants to pre-sales and sales.

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GUDLA VIHARI PGPM (Enrolled 2021) Reviewed on Feb 1, 2023
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Placement Experience:

In the first year, students are given numerous live project opportunities which can be paid or mostly unpaid. The summer internship selection process starts in September. 100% placement is attained for Summer internships. The process ended last year by January. The summer internship is for two months from April to June. PPOs are obtained by some students during summer internships. The Final Placement process begins by September or Term 5. The process is completed by December. 100% placement has been achieved this year. The companies that come are Cognizant, Accenture, ADP, BNY, Yes Bank, ICICI, HDC, Mahindra, etc.

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SOUNAK PAUL PGPM (Enrolled 2021) Reviewed on Jan 25, 2023
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Placement Experience:

There are two types of placements in our institute. Summer Placement for students in the first year of the course and Final Placements for the students in the 2nd or final year of the course. Placements are handled by the Placement committee and they have done a great job by bringing very good companies because of which our average package jumped from 15.21 Lakhs in 2022 to 16.74 Lakhs in 2023

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SANSKAR SAHU PGPM (Enrolled 2021) Reviewed on Jan 25, 2023
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Placement Experience:

Summer placements are finished after the final placements for the second-year students are finished. Students are not discouraged from looking for opportunities outside the college with their connections. More than a hundred companies visit every year, and everyone has ample opportunities to get placements. The highest package offered was by Microsoft of 64LPA, and the average lies around 17LPA. I plan to join the company from which I have received a job offer through campus placements.

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AKSHAY R PGPM (Enrolled 2021) Reviewed on Jan 25, 2023
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Placement Experience:

The placement season at IIM Nagpur starts in the 5th semester. IIM Nagpur achieved 100% placements for the 2023 graduating batch with an average package of 16.74 LPA and the highest package of 64 LPA. A few of the companies that visited the campus were Microsoft, BNY Mellon, Adani, Bank of America, ICICI Bank, Cognizant, Accenture, YES Bank etc. The profiles offered were IT and Analytics, Strategy and consulting, Marketing, Finance and operations.

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Ajay Bohra PGPM (Enrolled 2021) Reviewed on Jan 25, 2023
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Placement Experience:

We have finished 100% recruitment for the final placements, which is fantastic. The package with the greatest LPA is 19.20 LPA, and the average CTC is 13.21. Deloitte, Bain & Company, L&T Infotech, Accenture, Wipro, ICICI, and others were among the key recruiters. The placement committee works tirelessly to provide the best chance to each batch while maintaining strict oversight and compliance. Keeping the student's interest first is a very dynamic and efficient st

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Kamal PGPM (Enrolled 2020) Reviewed on Jan 11, 2022
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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%

Frequently Visited Companies

Companies
AmazonZS AssociatesDeloitteFractal Analytics ltd
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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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Comments


2 Comments
S
sapna
Which one is better: IIM Nagpur MBA or IIM Vizag MBA?
S
Shikhar Srivas

IIM Nagpur ranks slightly higher in NIRF rankings i.e. 14th vs Vizag's 20th. Fee-wise, they are comparable, with Nagpur potentially being a bit lower. Both offer strong placements with an average package of around INR 16.5 lakhs. Nagpur offers a general MBA, while Vizag has a broader range similar to older IIMs.

P
pranjal sapra
How is IIM Nagpur for a Fresher?
S
Shikhar Srivas

IIM Nagpur proves to be an excellent college for freshers in MBA. First, its high placements with an average package of INR 16.5 lakhs. Second, the curriculum equips you with foundational business knowledge and practical skills through case studies and projects. Third, the diverse student body and alumni network exposes you to a wider professional landscape and career development.


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