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IIM Raipur Placements: Average CTC Rises by 15 Percent for 2020

Arunasish Sen Arunasish Sen
Content Curator

The Indian Institute of Management Raipur (IIM Raipur) saw a 15 percent increase in average compensation, year-on-year, for the batch of 2020. More than 150 companies visited the campus for recruitments, offering jobs in branches such as Sales and Marketing, Strategy and Consulting, Human Resource, Finance, and so on. 191 students participated in the placement drive.

Last year, the average CTC had stood had 1.454 million INR a year. This year, it has increased to 1.52 million. The median salary offer in placements stood at 1.478 million INR per year. The highest offer made by an international company was 4.6 million INR per year, while the best offer by a domestic company was 2.812 million INR. The Average Cost to Company for the top quartile was 2.128 million INR. 

When comparing numbers by domain, the highest number of candidates were picked by the BFSI sector. Strategy and Consulting was the second-largest recruiter, while the IT and ITES sector was a close third.

The top recruiters at IIM Raipur included Accenture, Aditya Birla UltraTech, Amara Raja Group, Amazon India, Analytics Quotient, Berger Paints India Ltd, Cognizant, Deloitte USI, Hero MotoCorp Ltd, ICICI Bank Ltd, Tata Steel Ltd, and so on.