11 hours ago
IRMA graduates bag 31.84L package, highest ever for rural management batch
Anand: As the 44th batch of students graduated from the Institute of Rural Management, Anand (IRMA), the highest salary package offered this year reached an impressive Rs 31.84 lakh per annum — marking a 2.18% increase over last year's highest package of Rs 31.16 lakh.
The record-breaking offer was extended to two students: Hrishabh Mitra from Anand and Riya Maithani from Uttarakhand, both recruited by fintech giant PhonePe.
IRMA director Dr Umakant Dash said, "The mean and median packages also saw significant year-on-year growth of 10.6% and 5.3% respectively."
The median salary package for the 44th batch now stands at Rs 15.80 lakh per annum, up from Rs 15 lakh last year. The mean package has also risen, reaching Rs 15.64 lakh per annum, compared to Rs 14.14 lakh the previous year.
The lowest salary package offered stood at Rs 8 lakh per annum.
Nearly 100 organisations showed interest in participating in this year's campus placement process, out of which 65 actively recruited from the graduating batch.
The Banking, Financial Services and Insurance (BFSI) sector remained the leading recruiter, accounting for nearly 39% of total placements. This was followed by the fast-moving consumer goods (FMCG) sector, and corporate social responsibility (CSR) and social business sectors, which emerged as the second and third largest recruiters, respectively.
As in previous years, Gujarat Cooperative Milk Marketing Federation (Amul Fed) continued to be one of the top recruiters. Other notable recruiters included the National Dairy Development Board (NDDB), Atomberg Technologies, AU Small Finance Bank, BAIF Development Research Foundation, Banas Dairy, Bharat Petroleum Corporation Ltd, Coromandel International, ICICI Bank, IDBI Bank, ITC, L&T Finance, and Maruti Suzuki India Limited, among others.
Adding to the success of the batch, 20 students secured pre-placement offers (PPOs) through their summer internships and national-level case competitions.