भारतीय प्रबंध संस्थान रायपुर

Indian Institute of Management Raipur

Final
Placement
Report
2022-24

#14 in India

#9 among IIMs #11 #1 AAA

NIRF Ranking in 2024 IIRF Ranking in 2024 CSR-GHRDC Ranking in 2023 Categorised by Times Ranking
01
Foreword
The Indian Institute of Management Raipur proudly presents the Final Placement Report for
the MBA Batch of 2022-2024. This year’s placement season reflects the institution’s
dedication to academic excellence and its commitment to fostering industry-ready talent.
With participation from 116 leading organizations, including 38 new recruiters, this season
has demonstrated the growing reputation of IIM Raipur as a hub for future business leaders.

The batch's exceptional performance in summer internships, live projects, and national case
competitions played a pivotal role in the success of this placement season. A total of 49 Pre-
Placement Offers (PPOs) were extended to students, reflecting their outstanding abilities and
commitment. IIM Raipur students secured 4 finalist positions, 2 runner-up finishes, and 19
semi-finalist spots in various prestigious competitions. Notable highlights include finalist
positions in EY Techathon 4.0, TVS Credit EPIC 5.0, HSBC IB League, and boAt Wavemaker's
Challenge Season 1, as well as runner-up position in Tata Queerious 2.0 and DCM SHRIRAM’s
Future On. Additionally, students reached semi-finalist positions in GSK E-Cube, Tata Steel-
a-thon, and Avalon Consulting's Sun Tzu Case Study Competition. These achievements not
only showcase the students' skills but also reinforce IIM Raipur’s growing reputation as a
premier institution.

The highest domestic CTC of ₹42.29 lakhs per annum, coupled with an average CTC of ₹18.15
lakhs, speaks to the quality of education and preparedness of our students. The broad
spectrum of roles offered—from sales and marketing to analytics, consulting, and general
management—highlights the versatility of IIM Raipur graduates. Leading firms such as
Deloitte, PwC, Bank of America, Capgemini, Reliance Retail, Aditya Birla Capital, Grant
Thornton, and Amazon continued to trust in the institutes’ talent, further strengthening long-
standing relationships.

IIM Raipur remains committed to bridging the gap between academia and industry by
nurturing leaders equipped to drive innovation and success in a rapidly evolving business
environment. The institute expresses its sincere gratitude to its recruitment partners, faculty,
and placement committee, whose collaborative efforts have made this season a
remarkable achievement.

02
 Message from
Director
Prof. Ram kumar kakani
Indian Institute of Management Raipur,

India

It is with great pride and gratitude that we present the Final Placement Report
for the Batch of 2022-24 at IIM Raipur. This year has once again highlighted
the importance of strong partnerships with our recruiting organizations,
whose continued trust and collaboration have made this placement season a
resounding triumph.

The exceptional performance of our students, combined with your invaluable

support, illustrates the alignment between our rigorous academic framework
and the contemporary needs of the industry. By fostering these partnerships,
we bridge the gap between academia and business, nurturing talent poised
to lead and innovate in an ever-evolving world.

We are deeply grateful to our longstanding recruiters for their enduring

collaboration and to the new organizations that have joined us this year. Your
belief in our students and commitment to hire excellence continue to
motivate us to set new standards in education and professional development.

Thank you for your steadfast encouragement. Together, let us continue

shaping the future of business with visionary talent and strategic alliances.

Warm regards,

Prof. Ram Kumar Kakani

Director,

Indian Institute of Management, Raipur








03
 Message from DEAN Message from
EXTERNAL Relations
Chairperson - Corporate
Relations & Placement
Prof. SATYASIBA DAS
Prof. Rashmi Shukla
Indian Institute of Management
Raipur, India Indian Institute of Management
Raipur, India

We are excited to present the Final Placement Report for the It is with great enthusiasm that we announce the successful
MBA Class of 2022-24 at IIM Raipur. This year's placement completion of the final placement process for the MBA class of
highlight the strength of our programs and the determination 2022-24 at IIM Raipur. This year's placement season has been
of our students to excel in diverse, challenging environments.
exceptional, reflecting the confidence that top organizations
The participation of esteemed organizations underscores IIM continue to place in the quality and capability of our students.

Raipur's growing reputation as a hub of talent and innovation. The placement drive saw participation from 116 companies,
The wide variety of roles offered this year highlights our including 38 new recruiters, offering a diverse array of roles
students' versatility, with 33% securing positions in sales and across industries and domains. We are particularly pleased to
marketing, 29% in operations and IT, 16% in general highlight the highest CTC of INR 42.29 Lakhs, showcasing the
management, 15% in analytics and consulting, and 7% in immense value our students bring to their organizations and
financial management. This range of opportunities not only
the average CTC for the batch standing at INR 18.15 lakhs.

reflects our graduates' skills but also their readiness to adapt

Thank you to all our recruitment partners for contributing to
to the industry's evolving demands.

the success of this placement season. Your trust in our talent

Our students excel in problem-solving and innovation, earning
has been key in shaping our students' careers. We also extend
recognition in case studies and competitions. We thank gratitude to our faculty, staff, alumni, and the placement
recruiters for their continued support. Looking ahead, we aim
committee for their unwavering support. We look forward to
to strengthen industry partnerships and continue providing
transformative experiences, preparing future leaders for the strengthening these relationships and reaching new
business landscape.

milestones in the future.

Warm regards,

Warm regards,

Prof. Satyasiba Das

Prof. Rashmi Shukla

Dean (External Relations)

Chairperson - Corporate Relations & Placement

Indian Institute of Management, Raipur Indian Institute of Management, Raipur

04
05
Placement Highlights
Welcome to IIM Raipur Firms Recruited from IIMR

IIM Raipur’s final placement report has been carefully prepared and audited by an
external agency to ensure accuracy and transparency. This comprehensive report
aims to provide clear and reliable data, making it easier for stakeholders to assess
116
and compare the placement outcomes effectively.

Number of applicants

Our recruiters include

ABFRL, ABInBev, ABIS, ABSYZ, Accenture, Adani, Aditya Birla Capital, Aditya Birla 302
Grasim, Amazon, Anand Rathi Wealth Limited, Asian Paints, ATCI, Axis Bank, Bajaj
Allianz Life Insurance, Bank of America, Berger Paints, Bluecrest Software, Brane,
CAMS, Capgemini, Channelplay, Cognizant, Collabera Digital, Deloitte USI, Dezerv, Salary Highlights
DreamFolks, DreamFolks (Etrav), eClerx, Egniol Services Private Limited, GAIL, GMR
Group, GSK GCC, HPCL, Hexaware, IBM, ICICI Bank, ICICI Prudential, Indus Towers, Highest Domestic Maximum
Infinity Learn, Infosys BPM, Jindal Stainless Limited, Jio Financial Services, Earning Potential
LatentView, L&T Technology Services, MAQ Software, Mahindra & Mahindra, Maveric
Systems Limited, Micron, Mobius, Mpower Financing, Mphasis Limited, Narayana
Health, Neilsoft, Nuvoco, Orbis Financial Corporation Limited, Panasonic, Prototyze, 42.29

LAKHS PER ANNUM

PwC, Quest Global, Reliance Retail, Raudra Technocrats, ServiceNow, Standard
Chartered Bank, TASC Outsourcing, Credera, Tata Steel, Telstra, Thyssenkrupp, Tiger
Analytics, Tracxn, TresVista, TVS Motors, UltraTech Cement, Vedanta, Veranda, VI
John, VIP Industries, Virtusa, Wells Fargo, Xiaomi, Yash Technologies, Zycus.

Average Domestic Maximum

Earning Potential
Sales & Marketing witnessed the highest number of roles offered, followed by
Operation & IT. 18.15

LAKHS PER ANNUM

06
Table of
contents
Batch Demographics ............................................................................................. 8
Classification of the Entire Placement Pool ................................................... 9
Classification based on Sector .......................................................................... 10
Classification based on Domain ........................................................................ 10
Salary Data .................................................................................................................... 11
Classification of salary based on Sector – Domestic (INR) ..................... 12
Classification of salary based on Domain – Domestic (INR) ................. 14
List of Recruiters by Sector ..................................................................................... 16
Past Prominent Recruiters ..................................................................................... 19
Case Competition Achievements ...................................................................... 20
Contact Us ..................................................................................................................... 21

07
Batch Demographics
Batch Profile Work Experience FInal PLACEMENT 2022-24

322 54% 0-11 Months

Students 42.29 lakhs HIGHEST CTC

17
Months Average
8% 12-23 Months

Work-Ex 17% 24-35 Months

21% 36+ Months

18.15 lakhs AVERAGE CTC

MALE FEMALE
122 200
(38%) (62%)
Past Work-Ex Companies
116 38
COMPANIES NEW
PARTICIPATED RECRUITERS
Academic Diversity

Engineering 133 Domain Distribution

Commerce 85

Science 43 9% Financial
management
Management 36 32%
17 Sales and
Arts marketing 17% General
management
Medical 5
Others 3
28%
Operations
14% Analytics &

75+ Premier Institutes like IITs,

NITs, BITs, DU, and more
Consulting and IT

Work Experience Diversity

40% 8% 13% 7% 3% 29%

IT/ITES BFSI Manufacturing Strategy & FMCG/FMCD Miscellaneous

Consulting

08
Placement Details
The entire batch of students was eligible for sitting in the Final Placement

Classification of the Entire placement pool

Categories No. of students

1. Sought placement through the institute 302

2. Did not seek placement through the institute

2a. Company-sponsored or already employed -

2b. Continuing education -

2c. Postponing job search 10

2d. Entrepreneurship (Starting a new business) -

2e. Returning to/joining family business 3

2f. Sought placement outside the campus placement process 4

2g. Did not seek placements for other reasons 3

Total graduates 322

09
Classification Based on sector
No. of Offers
Sector
Domestic International Total

BFSI 80 - 80

Manufacturing 47 - 47

IT/ITES 90 - 90

FMCG/FMCD 32 - 32

Strategy & Consulting 14 1 15

Miscellaneous 38 - 38

Total 301 1 302

Classification Based on Domain

No. of Offers
Function
Domestic International Total

Sales & Marketing 98 1 99

General Management 53 - 53

Operations & IT 84 - 84

Financial Management 22 - 22

Analytics & Consulting 44 - 44

Total 301 1 302

10
Salary Data
Note: The entries in the 'Data' column specify the data points for which the minimum, maximum, mean and median are specified

Salary Head - (INR)

Salary Heads Min Max Median Mean Data

Fixed Yearly Cash Component 900000 4142070 1409091 1435294 302

Additional Guaranteed Cash Component 18000 900000 200000 215288 189

One time Cash Payment 50000 648000 200000 266916 134

Total Guaranteed Cash Component 900000 4142070 1530480 1562707 302

Maximum Earning Potential 952596 4228716 1750000 1815251 302

Note: The conversion of ESOPs given in USD to INR have been made as per the rate of October 1, 2024, with conversion rate of 1 USD = 83.81 INR

Salary Statistics at Purchasing Power Parity (PPP)

Salary in USD at PPP Min Max Median Mean Data

INR Salary (Total guaranteed Cash 44510 132332 75691 77285 301
Component)

Non-INR Salary (Total guaranteed

204850 204850 204850 204850 1
Cash Component)

Over All (Total guaranteed Cash

44510 204850 75123 78522 302
Component)

INR Salary (Maximum Earning Potential) 47111 209135 84075 85581 301

Non-INR Salary (Maximum

204850 204850 204850 204850 1
Earning Potential)

Over All (Maximum Earning Potential) 47111 209135 84075 85986 302

*Note: As per the PPP conversion rate of 2023 for all the available currencies from the World Development Indicators (WDI) database of the World Bank.

-Source: http://wdi.worldbank.org/table/4.16

11
Classification of salary Based on sector – Domestic (INR)

Fixed Yearly Cash Component

Sector Min Max Median Mean Data

BFSI 1000000 2300000 1360000 1385671 80

Manufacturing 1100000 2202000 1413953 1425625 47

IT/ITES 1000000 2047478 1427950 1464269 90

FMCG/FMCD 900000 2115000 1350000 1288958 32

Strategy & Consulting 1147488 4142070 1590000 1677357 15

Miscellaneous 952596 2350000 1500000 1499023 38

Additional Guaranteed Cash Component

Sector Min Max Median Mean Data

BFSI 100000 351000 200004 222028 48

Manufacturing 90000 650000 187974 222228 36

IT/ITES 95000 900000 152501 200447 49

FMCG/FMCD 150000 375000 200000 232077 24

Strategy & Consulting 80000 400000 253250 252175 8

Miscellaneous 18000 400000 200000 190061 23

12
Classification of salary Based on sector – Domestic (INR)
One Time Cash Component

Sector Min Max Median Mean Data

BFSI 100000 400000 400000 327966 29

Manufacturing 72000 600000 350000 314630 23

IT/ITES 50000 648000 200000 287784 48

FMCG/FMCD 75000 300000 125000 137188 14

Strategy & Consulting 64000 220000 150000 148222 9

Miscellaneous 50000 614000 200000 179333 9

Maximum Earning Potential

Sector Min Max Median Mean Data

BFSI 1000000 2537000 1750000 1761926 80

Manufacturing 1100000 2698250 1837284 1819775 47

IT/ITES 1000000 4228716 1730004 1979807 90

FMCG/FMCD 1000000 2350000 1650000 1539437 32

Strategy & Consulting 1274988 4142070 1740000 1934407 15

Miscellaneous 952596 3120000 1637560 1716482 38

13
Classification of salary Based on Domain – Domestic (INR)
Fixed Yearly Cash Component
Function Min Max Median Mean Data

Analytics & Consulting 1162000 2300000 1750000 1633397 44

Financial Management 1000000 1800000 1441248 1453324 22

General Management 952596 2350000 1360000 1363986 53

Operations & IT 1000000 2350000 1433975 1521527 84

Sales & Marketing 900000 4142070 1267500 1313575 99

Additional Guaranteed Cash Component

Function Min Max Median Mean Data

Analytics & Consulting 80000 900000 201500 252535 22

Financial Management 145454 200000 200000 189587 11

General Management 120000 650000 197500 230363 29

Operations & IT 90000 500000 188024 197536 56

Sales & Marketing 18000 706820 200004 213884 77

14
Classification of salary Based on domain – Domestic (INR)
One Time Cash Component
Function Min Max Median Mean Data

Analytics & Consulting 64000 230000 150000 151364 22

Financial Management 100000 614000 175000 239250 8

General Management 50000 400000 200000 213636 11

Operations & IT 60000 614000 200000 301155 42

Sales & Marketing 50000 648000 278000 272000 52

Maximum Earning Potential

Function Min Max Median Mean Data

Analytics & Consulting 1400000 3469222 1750000 1873074 44

Financial Management 1000000 3120000 1855240 1779852 22

General Management 952596 2550000 1550000 1578712 53

Operations & IT 1000000 4228716 1800000 1992451 84

Sales & Marketing 1000000 4142070 1732671 1716836 99

15
List of Recruiters by Sector

Banking, Financial Services And Insurance(BFSI)

IIM Raipur’s influence in the Banking, Financial Services, and

Insurance (BFSI) sector is reflected in the strong partnerships with
leading institutions seeking our talent for their expertise and
innovative approach. This sector is crucial to the economy,
requiring professionals who can navigate complex financial
landscapes and regulatory challenges. Prominent companies
such as Aditya Birla Capital, Axis Bank, Bajaj Allianz Life Insurance,
ICICI Bank, Bank of America, and Standard Chartered Bank have
consistently engaged with our students. This collaboration shows
IIM Raipur’s commitment to producing skilled professionals ready
to meet the evolving needs of the BFSI industry.

Information Technology/ITES

IIM Raipur’s prominence in the Information Technology and ITES

sector is driven by the growing demand for tech-savvy
professionals skilled in analytics, automation, cloud computing,
and digital strategy. Our students are well-prepared to meet the
challenges of a rapidly evolving tech landscape. Leading
companies such as ABSYZ, Amazon, Capgemini, Cognizant, IBM,
Infosys BPM, ServiceNow, Tiger Analytics, and Virtusa have
consistently recruited from our talent pool. This ongoing
engagement underscores IIM Raipur’s pivotal role in shaping
future technology leaders for this dynamic and innovation-
driven sector.

16
List of Recruiters by Sector

Fast Moving Consumer Goods/FMCD

IIM Raipur’s growing influence in the Fast Moving Consumer Goods

(FMCG) and FMCD sectors reflects the institution's commitment to
producing talent well-versed in consumer insights, brand strategy,
and market trends. These sectors, known for their dynamic and
customer-centric nature, demand professionals who can adapt
and innovate rapidly. Leading companies such as ABInBev, Asian
Paints, ABFRL, Berger Paints, VIP Industries, Pepsico, Reliance Retail,
and Eveready have entrusted our students with opportunities,
reinforcing their confidence in our capabilities. This ongoing
collaboration highlights IIM Raipur’s role in shaping future leaders
who can drive growth and value in the competitive consumer
goods landscape.

Strategy & Consulting

IIM Raipur’s influence in the Strategy and Consulting sector is

reflected in the growing partnerships with top consulting firms
and strategic divisions of leading companies, known for their
ability to analyse complex business challenges and deliver
actionable insights, our students are equipped with the skills
necessary to excel in this dynamic field. Companies such as
Brane, Deloitte, EY, Frost & Sullivan, PwC, and TASC Outsourcing
have demonstrated their trust in our talent. This engagement
highlights IIM Raipur’s role in cultivating strategic thinkers
capable of navigating today’s fast-evolving business landscape.

17
List of Recruiters by Sector

Manufacturing

IIM Raipur’s growing influence in the Manufacturing sector is

marked by the increasing number of industry leaders engaging
with our talent pool. Our students are equipped with a strong
foundation in operations, supply chain management, and
process optimization, positioning them to increase efficiency in
this highly competitive sector. Companies such as Adani,
Bosch, HPCL, Jindal Stainless Limited, Micron, TVS Motors, and
Vedanta have demonstrated their trust in our students by
offering diverse opportunities. The consistent participation of
manufacturing giants highlights IIM Raipur’s role in nurturing
professionals capable of navigating the complexities of
modern manufacturing and fostering innovation across the
industry.

Miscellaneous

IIM Raipur’s versatile talent pool continues to attract a diverse

range of companies from various sectors, showcasing the broad
applicability of our students' skill sets. The Miscellaneous sector,
with companies spanning industries like infrastructure, energy,
financial services, and conglomerates, reflects the adaptability
and multidisciplinary expertise of our students. Prominent
organisations such as ACG, DreamFolks, FedEx, GMR, Indigo, and
Telstra have demonstrated their confidence in our students. This
engagement underscores IIM Raipur’s capability to produce
professionals who can excel across a wide spectrum of
industries, contributing effectively to diverse business
environment.

18
Past Prominent Recruiters

19
CASE COMPETITION Achievements

Runner-Up Second Runner-Up National-Finalists National-Finalists National-Finalists National-Finalists

Future On- DCM SHRIRAM Tata Queerious 2.0 EY Techathon 4.0 TVS Credit EPIC 5.0 HSBC IB League 2023 boAt Wavemaker's Challenge
Season-1

National Semi-Finalists National Semi-Finalists

Sun Tzu - Avalon Consulting's National Semi-Finalists National Semi-Finalists National Semi-Finalists National Semi-Finalists
Flipkart WiRED 7.0 - National B-School Case Study TATA Tomorrow Lab ABInBev 100+ Challenge Tata Steel-a-thon Season 10 GSK E-Cube
Business Track Competition

National Semi-Finalists National Semi-Finalists Campus Round Campus Round

Samsung Edge 8.0 Talentwood 2.0 Flipkart WiRED 7.0 Ed-Venture Case Challenge

20
 CONTACT US

Career Development and

Placement Office

Indian Institute of Management Raipur,

Atal Nagar P.O.-Kurru, Abhanpur,

Chhattisgarh, 493661.

E-mail: placement@iimraipur.ac.in

Phone: +91 735 0932 127/ +91 909 4456 086

placement@iimraipur.ac.in +91 735 0932 127/ +91 909 4456 086 21