Indian Institute of Management(IIM, Nagpur) started functioning in 2015 under the guidance and mentorship of Indian Institute of Management, Ahmedabad, one of the top institutes of management in India and the Asia-Pacific.
IIM Nagpur aims to innovatively address the needs of a modern India, connecting aspirations and realities to attain benchmarks that are respected internationally. The Final Placement process of this session has secured 100% placement for its second batch of students (PGP 2016-18) enrolled in the flagship Post Graduate Programme in Management.
Students got very lucrative packages with a highest domestic salary of Rs 19 lakh and an average salary of Rs 12.05 lakh.
The institute has witnessed participation from more than forty recruiters with 54 offers, including many first time participants. Companies across various sectors like FMCG, Analytics, IT Consulting, BFSI, Consumer Durables, Logistics, Media have made a beeline for the Campus participation. Further, Nagpur is the logistics hub of the country, many logistics companies expressed a keen interest in fostering strong long-term relationships with IIM Nagpur.
According to IIM Nagpur, students have been offered PPOs by ICICI Lombard in multiple domains. Apart from students of IIM-Nagpur being offered various roles in the corporate world, there was also one student who decided to pursue her entrepreneurial dreams.
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IIM Nagpur also saw coveted profiles being offered from the BFSI sector, with companies like Yes Bank participating for their Y-PEP (YES Professional Entrepreneurship Program). SBI Mutual Fund and Bajaj Allianz also made rewarding offers to the batch. Nagpur being the Logistics and Supply Chain hub of India resulted in the active participation of companies like DTDC, Stellar Value Chain, and 4Tigo.
IIM Nagpur continues to gain trust from major infrastructure giant Larsen & Toubro which made multiple offers during the season, with GMR India participating for the first time in the recruitment process. The students were also offered roles in diverse management functions such as Sales and Marketing, Finance, Consulting, Data Analytics, Business Development, Operations and Project Management among many others.
IT & ITES, followed by BFSI, FMCG and Analytics recruited more than 70% of the batch. The average package offered for the top quartile of the batch was Rs 16.08 lakh, and the median package for the same group was Rs 15.40 lakh.
The median of the top quartile, increased by 14% as compared to last year and offers in IT sector increased by 28%. Marketing, consulting, and analytics, were the most sought-after roles, closely followed by finance, and operations, among students.