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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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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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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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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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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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There are two types of placements: summer placements and final placements A student is eligible for placements as soon as they register themselves with the placement cell of the college. Almost all top companies come for campus placements and provide ample opportunities for each student.
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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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We have a trimester system here, with 6 terms over 2 years of MBA. Case study-based teaching is there and the faculties are also really great. All of them are top IIM graduates. Focus on academics is there in college.
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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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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.
When considering which MBA program to attend, it is important to not rely solely on hearsay and to research different options thoroughly. While it is true that many students at IIM Nagpur have work experience, this is not the case for all students. If an individual is not comfortable working with students who have work experience, it is suggested to explore other options, or even wait a year and take the CAT 2021 exam in the hopes of securing a spot in an even better IIM.
It's important to note that as a fresher, there are some challenges that one may face when studying among a large number of work-experienced students. These challenges could include being perceived as less experienced, having ideas and answers dismissed, or being passed over for leadership roles in group projects. This is why, it's essential to evaluate one's own comfort level, strengths, and weaknesses and decide accordingly. Furthermore, it's not a one-size-fits-all solution and different individuals may have different reasons to prefer one institute over the other.
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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