07-05-2025
IIM-Nagpur Student Bags Rs69.57L CTC, Campus Scores 100% Placements
Nagpur: A Jodhpur boy pursuing MBA from IIM Nagpur bagged the institute's highest-ever Rs69.57 lakh per annum package during campus recruitment drive. The previous highest CTC offered was Rs64 lakh, offered by an IT this was also the first occasion when international recruiters participated in the campus drive at Mihan-SEZ based premier B-school since it started in Nagpur nearly a decade again, the institute achieved 100% placements , with all its 264 MBA students getting placed. The batch of 2023-25 will be graduating this Sunday during the 11th convocation ceremony. The Indian Hotels Company Limited (IHCL) MD Puneet Chhatwal will be chief guest for the ceremony.A total of 264 students, including 117 girls, were admitted to the PGP batch 2023-25, and all appeared for the campus of IIM-N has been consistently growing among women learners which was evident from the growing percentage of girl students. The numbers touched over 44% for this batch, a jump of 2 Jodhpur boy is a qualified engineer in electronics and communications and worked in the banking sector for more than 2 years, IIM-N stated in response to TOI queries. Most number of jobs were offered by information technology enabled services (ITES) and banking, financial services, and insurance (BFSI) sectors. The most sought-after sectors were FMCG/FMCD, consulting, besides ITES and BFSI, the institute year-on-year growth in salary offers is pegged at 10.93% and 6.48% in average and median, respectively. The average and median package offers this year were Rs18.07 LPA (CTC) and Rs17.03 LPA (CTC), respectively. The recruiters included consulting, BFSI, ITES, manufacturing, FMCG/FMCD, and conglomerates. Prominent recruiters included Microsoft, Amazon, Adani, BNP Paribas, Vedanta, Aditya Birla Capital, Lupin, Tata Power, Axis Bank, Deloitte, Accenture, BNY Mellon, Cognizant, IFB Industries, FedEx, Vivo, and Valency International, among others, IIM-N director Bhimaraya Metri said the institute set a new benchmark with the participation of international recruiters mainly from the Gulf and Singapore, apart from Indian companies. "It is all about showcasing the institute to recruiters. We invited them to see our campus, communicated our achievements and growth, which impressed them," he said IIM-N is now the fastest-growing among the newer IIMs. "In the last five years, except for 2024, our students have been getting higher packages. We have strategically targeted the recruiters to mitigate the impact of global recession. We have developed strong rapport and connections with the corporate world," he students: 264 (147 boys, 117 girls)Jobs offered and accepted: 100%Pay package: Highest CTC Rs69.57 LPAMost sought-after sector: ITES, BFSI, FMCG/FMCD, consultingJump in salary offers: 10.93% and 6.48% in average and median, respectivelyAverage CTC: Rs18.07 LPAMedian CTC: Rs17.03 LPA
