IIM Raipur Placements 2023: Average Package: INR 34.64 LPA & Highest Package: INR 67.60 LPA

Raipur, ChhattisgarhAutonomous UniversityEstd 2010
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IIM Raipur also known as Indian Institute of Management Raipur has concluded its placement for MBA batch of 2023. This marks the institute's continuation of its 100% placement record with the highest package at INR 67.60 LPA and the average package at INR 34.64 LPA whereas the median package stood at INR 20 LPA. The maximum number of students were placed in the Banking Financial Service and Insurance (BFSI) sector.

IIM Raipur has also released its summer Internship Placement report for the passing out batch of 2024 in which 109 recruiters provided Internship opportunities to 328 students. The Highest Stipend stood at INR 3.50 Lakhs whereas the Average Stipend stood at INR 1.39 Lakhs.

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IIM Raipur Placement Highlights

IIM Raipur Placements 2023 Highlights

Batch Placement Statistics (2021-23) Placement Statistics (2020-22)
Students Registered for Placements 255 252
Students Placed 255 252
Companies Participated 107 113
Number of New Recruiters 32 -
Number of Offers - 275
Highest CTC INR 67.60 LPA INR 42.15 LPA
Average CTC INR 34.64 LPA INR 17.73 LPA
Median CTC INR 20 LPA INR 16.95 LPA
Average CTC of Top 25% Students INR 28.25 LPA INR 24 LPA
Average CTC of Top 50% Students INR 24.77 LPA INR 21.01 LPA
Top Recruiters IBM, HDFC Bank, TATA Steel Accenture, Airtel, IBM, Swiggy

IIM Raipur maintained its 100% placement record this year as well as all 255 students that participated in the placement drive were placed by 107 participating recruiters.

The highest CTC stood at INR 67.60 LPA and the average CTC stood at INR 34.64 LPA whereas the median CTC stood at INR 20 LPA and top 25% and 50% students were offered the average CTC of INR 28.25 LPA and INR 24.77 LPA respectively.

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IIM Raipur Placements Year - Wise Trends

The following table represents the year wise trends at IIM Raipur:

Years Average CTC Average CTC of Top 50% Average CTC of Top 25% Highest CTC
2016-18 INR 12.45 LPA INR 15.76 LPA INR 17.5 LPA INR 22.05 LPA
2017-19 INR 14.54 LPA INR 17.18 LPA INR 18.56 LPA INR 24.56 LPA
2018-20 INR 15.20 LPA INR 18.72 LPA INR 21.28 LPA INR 46 LPA
2019-21 INR 15.11 LPA INR 18.53 LPA INR 20.61 LPA INR 30 LPA
2020-22 INR 17.73 LPA INR 21.02 LPA INR 24.01 LPA INR 42.15 LPA

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IIM Raipur Placements 2023 Industry - Wise

The following table represents the industry wise placements at IIM Raipur:

Industry Percentage of Students Placed Highest CTC Average CTC
BFSI 32% INR 32.50 LPA INR 21.02 LPA
IT / ITES 23% INR 43.43 LPA INR 21.29 LPA
Strategy & Consulting 14% INR 32.21 LPA INR 19.64 LPA
FMCG / FMCD 12% INR 67.60 LPA INR 21.78 LPA
Manufacturing 12% INR 62 LPA INR 22.39 LPA
Miscellaneous 7% INR 25.50 LPA INR 19.55 LPA

In the placement drive of 2023, the maximum percentage of students were placed in the BFSI sector (32%) followed by IT/ITES (23%).

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IIM Raipur Placements 2023 Function - Wise

The following table represents the function wise placements at IIM Raipur:

Function Percentage of Students Placed Highest CTC Average CTC
Sales & Marketing 29% INR 67.60 LPA INR 20.98 LPA
Analytics & Consulting 28% INR 32.21 LPA INR 19.09 LPA
Operations and IT 20% INR 43.43 LPA INR 23 LPA
Financial Management 12% INR 32.50 LPA INR 20.87 LPA
General Management 11% INR 62 LPA INR 22.94 LPA

During the placement drive of 2023, the maximum percentage of students were placed in the Sales & Marketing function (29%) followed by Analytics and Consulting function (28%).

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IIM Raipur Placements 2022 Batch Profile

IIM Raipur Batch Profile

IIM Raipur Summer Internship Placements 2023 Highlights

Particulars Internship Statistics 2024 Internship Statistics 2023
No. of Students in the Batch 328 262
No. of Recruiting Companies Participated 109 108
No. of New Recruiters - 57
Highest Stipend INR 3.50 Lakhs per month INR 3.50 Lakhs per month
Average Stipend INR 1.39 Lakhs per month INR 1.20 Lakhs per month
Average Stipend (top 10%) INR 2.79 Lakhs per month INR 2.59 Lakhs per month
Average Stipend (top 25%) INR 2.43 Lakhs per month INR 2.04 Lakhs per month
Average Stipend (top 50%) INR 2.11 Lakhs per month INR 1.66 Lakhs per month
Top Job Roles - Sales & Marketing
Top Recruiters - Airtel, Berger Paints, Cognizant, BYJU’s

During IIM Raipur Summer Internship Placements 202, 108 recruiters participated & placed 328 students. The highest stipend received was INR 3.50 Lakhs per month. The average stipend stood at INR 1.39 Lakhs per month. The average stipend stood at INR 2.79 Lakhs for top 10%, INR 2.43 Lakhs for top 25%, INR 2.11 Lakhs for top 50% of the students. 

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IIM Raipur Placements 2022 Top Recruiters

IIM Raipur Recruiters

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IIM Raipur Alumni Network

Name of the Companies No. of Alumni
IIM Raipur 82
ICICI Bank 69
Deloitte India (U.S. offices) 62
Cognizant 41
Accenture 31
Amazon 23
Deloitte 20
HDFC Bank 20
Vedanta Resources Ltd. 20
UltraTech Cement 18
Tata Steel 17
CEC 13
Maruti Suzuki India Ltd. 13
Indian Oil Corporation Ltd. 12
Larsen & Toubro 11

IIM Raipur Placements FAQs

Ques. What was the highest CTC offered in the placement drive of 2023 at IIM Raipur?

Ans. In the placement drive of 2023 at IIM Raipur, the highest CTC stood at INR 67.60 LPA and the average CTC stood at INR 34.64 LPA.

Ques. How many students were placed in the placement drive of 2023 at IIM Raipur?

Ans. In the placement drive of 2023 at IIM Raipur, 255 students were placed. This year as well the institute has maintained 100% placements.

Ques. How many companies were placed in the placement drive of 2023 at IIM Nagpur?

Ans. In the placement drive of 2023 at IIM Nagpur, around 107 companies participated in the placement drive.

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

Ans. Some of the top recruiters like Accenture, Airtel, IBM, Swiggy participated in the placement drive of 2022 at IIM Raipur.

IIM Raipur Highest and Average Package

Highest PackageAverage Package
67.60 L
21.04 L
013.5 Lakhs27.0 Lakhs40.6 Lakhs54.1 Lakhs67.6 Lakhs

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IIM Raipur witnessed 100% placements for both- summers and the finals. This year there's a hike in the highest as well as an average package for the finals and summers. For more placement details, you can visit the iim raipur official website.
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Student (Anonymous) PGPM, (Student)Reviewed on May 26, 2023
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Truth

7.7Helpful
IIM Raipur has a proven track record of putting its graduates in reputable Indian and international businesses. The institute has a bustling placement cell that collaborates closely with employers to provide students a variety of employment prospects. During the hiring season, students are given salaries that are competitive with the market. An MBA from IIM Raipur is widely respected in the business for its employability and can pave the way for a prosperous career in a number of industries, including finance, consulting, marketing, and operations. Students are also urged to think about starting their own businesses. In general, the institute equips its students with the abilities and information needed to excel in the workplace, and companies highly prize its graduates.
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Pawan Sharma PGP-OM, Operations Management (Student)Reviewed on Feb 6, 2023
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All the big names and fame companies come to the campus and every student is placed for their Summer Internship and Final Placement. 100% placement opportunities. The average package is going to increase dramatically this year.
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Chandrachurd Mandal PGPM, (Student)Reviewed on Feb 2, 2023
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The final-year students are eligible for the final placement. The average is around 17.73 lacs p.a. The company visits the college as high as 113+ and the college provided 100% placements in various domains, roles, and positions.
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PRATHVI BHARGAVA PGPM, (Student)Reviewed on Feb 1, 2023
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The placement process is highly competitive and rigorous, as the institutes are known for producing some of the most highly sought-after management graduates in India and around the world. The placement process usually begins in the second half of the final year. In recent years, the placement process at IIMs has seen an increasing number of top companies participate, with many companies offering top-notch packages to students. The average salary offered to students during the placement process has been increasing steadily over the years, and many students are able to secure high-paying jobs with leading companies. 100+ companies visit, 100% of the students get hired, the highest package provided was 42.15 lacs, and the average was 17.73 lacs. And I intend to work for the organization where I am placed, gain valuable corporate experience, and learn a lot from practical experience.
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MAMTA BARUAH PGPM, (Student)Reviewed on Jan 31, 2023
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The placements are doing exceptionally well at IIM Raipur. The placement season begins in August for both summer placements for a period of 2months as well as for final placements. This year more than 100 companies participated in the process ranging from Indian companies like Reliance, Asian Paints, etc. to international companies like Amazon, Morgan Stanley, etc. The highest package stands at 60Lakhs and the average package offered stands at 18Lakhs. The recruitments are made in a variety of domains like Marketing, Finance, IT, Operations, and Consulting. The profiles offered are Finance Analysts, Consultants, Management Trainees, Marketing Specialists, Data Analysts, etc. The college placement season enjoyed 100% placements for both summer and final placements and the credits go to the placement committee of the college and the exceptional students. My summer internship is at Reliance Retail as a Strategy intern and I want to make a career as a strategy consultant.
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Ridhima Chhabra PGPM, (Student)Reviewed on Jan 29, 2023
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The placement has been better than usual. Multiple opportunities are provided for the students to grab better packages time and again. 100% of the batch is placed. I am planning to join the company in which I have been placed post-MBA.
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RITIKA JAIN PGPM, (Student)Reviewed on Jan 2, 2023
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IIM Raipur: 4 Answered Questions

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Can a student at the IIM Raipur get a placement in Raipur or a nearby city?

Zemima KhanBrijesh Mishrastudied at National Institute of Technology, Raipur (2021)

Let me be honest, your chances of getting an offer from Raipur itself are very less. My stance can be proved through the following reasons 

  • Raipur is not a very big city and does not have many top firms that will visit the IIM campus.
  • In case a company does visit, you have to get shortlisted and give the interview on the same day. Without proper preparation, you might even flunk it.
  • Even with the low chances a company does visit the campus, the chances of your second-year specialization matching with the specialization that particular company is looking for are rare.
  • It was extremely difficult to get into an IIM after facing tough competition. In such a case you shouldn’t limit your chances to a single location only.

Broaden your options and trust me once out of IIM you will be brave enough to survive anywhere.

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Why are IIM Ranchi and Raipur underrated compared to IIM Udaipur even after better placement records?

Ankita RakshitSwathi Kiran KumarPh.D. from Indian Institute of Management Raipur (2020)

I think the single most important reason why IIM Raipur and Ranchi are considered below IIM Udaipur is the lack of proper marketing. IIM Udaipur has managed to make its mark through enough marketing and promoting research culture. The IIMRs is also flawed in the sense that they are located in extremely poor economic states. This flaw overshadows all their features and the fact that they have better placement scenarios than IIM Udaipur.

Every IIM has set a certain goal and is gradually climbing the ladder to reach its level of excellence. The same is the case with IIMRs. In just a few years these two will be among the best IIMs in India.

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Which is the best college in terms of placement in OPS/consulting/general management among IIM Raipur, Rohtak and Udaipur?

Patil AmrutaVinayak PathakMBA Operations & Marketing, Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (2018)

I am aware of the placement scenario at IIM Udaipur only as my sister recently graduated from it.

Operations

The faculty base of this domain specifically is very experienced and includes world class professors like Director Prof. Janat Shah. 

Apart from faculty, the club SKEIN conducts national level summits (SCM Summit) by inviting industry experts to enlighten the students.

Consulting

The consulting club ConsultU takes charge of providing live projects throughout the year for students.

Placements 

Domain

Number of students placed

placement percentage

General Management

59

19%

Consulting / Strategy

75

24%

Operations/ Supply Chain Management

7

2%

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How is the placement scenario at IIM Raipur? Is it as good as shown in their placement report or is it inflated? And what are your reviews on IIM Raipur?

Mohit SarohiMalabika GhoseMBA in Marketing & Strategy, Indian Institute of Management Raipur

IIM Raipur placements have been pretty good over the last few years. Here are the recent placement highlights for the institute.

Parameters  Statistics (2019-2021 Statistics (2020-2022)
Average CTC  INR 15.11 LPA INR 17.73 LPA
Median CTC INR 14.8 LPA INR 16.95 LPA
Highest CTC  INR 30 LPA INR 42.15 LPA
No. Companies participated 140+ 113

Tata Steel, HDFC Bank, IBM, Accenture, IBM, Airtel, etc. are among the top recruiters that took part in the placement drive. 

IIM Raipur doesn’t inflate the placement report. Overall, it is a decent B-school and offers excellent academics.

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