The placement process for the MBA batch of 2021 concluded for most leading management schools and finally the true impact of the pandemic is clearly visible. In recent years, the Baby IIMs have shown an uptrend in the placement offered to their graduating MBA batch.
Baby IIMs Placements Highlights 2021
- For the graduating batch 2021, amongst all ‘baby’ IIMs, IIM Nagpur has recieved the highest average and median salary at INR 13.21 lakhs and INR 13.00 lakhs respectively.
- The highest CTC offered at any of the baby IIMs in 2021 was recorded at INR 21 lakhs. Last year, it stood at INR 40 lakhs.
- Sales & Marketing is the most preferred domain for MBA graduates. At least four of the 9 baby IIMs mentioned this fact in their reports.
- In the number of recruiters participating in the final placements 2021, some of the third generation Baby IIMs witness up to 90% increase
In 2021, there has been also a prominent impact of the pandemic on placements at the Baby IIMs. IIM Nagpur is the only third generation Baby IIM to witness an increase in both average and median CTC offered to the grduating batch.
Final Placement of Baby IIMs : A snapshot
Name of the College | No of students participated | No. of companies participated | Highest Salary ( in INR) | Average Salary ( in INR) | Highest Sector offering placement |
IIM jammu | 89 | 121 | 32 LPA | 14.85 LPA | Marketing, Sales & Finance |
IIM Trichy | 218 | 130 | 30 LPA | 14.85 LPA | 14.85 LPA |
IIM Kashipur | 127 | 127 | 29.02 LPA | 14.05 LPA | Marketing, & Consulting |
IIM Bodhgaya | 109 | 86 | 17.3 LPA | 9.92 LPA | Food Services and IT & Analyst |
IIM Nagpur | 109 | 41 (new recruiters) | 31.54 LPA | 14.94 LPA | Consulting & IT |
IIM Sambalpur | 95 | 140 | 21 LPA | 11.22 LPA | Sales & Marketing |
IIM Sirmaur | 112 | 132 | 16 LPA | 9.6 LPA | IT/ ITeS |
IIM Visakhapatnam | 121 | 102 | 20.8 LPA | 12.62 LPA | IT / ITES |
IIM Amritsar | 146 | 88 | 18.16 LPA | 12.68 LPA | Consulting |
IIM Jammu has , among all Baby IIMs recorded the highest placement salary so far during placement 2021 season.
IIM Sirmaur has recorded a decline in the average CTC, and has recorded the biggest drop in median salary offered amongst all the baby IIMs. IIM Amritsar recorded a decrease of 55% and IIM Nagpur recorded a steep decline of 52% in the highest salary offered to their respective MBA batches.
IIM Kashipur Placements
IIM Kashipur has concluded its 2019-21- placement report with a decent placement record. The Highest CTC remained at INR 29.02 LPA and the Average package stood at INR 14.05 LPA in the placement drive 2021. The Median CTC stood at INR 12.72 LPA. Some of the top recruiters include TATA, BYJUs, Deloitte, ICICI Bank, HDFC Bank and many others.
IIM Kashipur Placements Year-Wise Trends
The below mentioned table represents the year wise IIM Kashipur placement trends:
Year | Highest Salary (INR) | Median Salary (INR) | Average Salary (INR) |
2021 | 29.02 LPA | 12.27 LPA | 14.05 LPA |
2020 | 45 LPA | 12.04 LPA | 13.82 LPA |
2019 | 28 LPA | 20 LPA | 12.17 LPA |
2018 | 20.8 LPA | 16 LPA | 12.19 LPA |
IIM Nagpur Placements
IIM Nagpur has completed final placement 2022 for the 6th MBA batch 2020-21 and the college recorded 100% placement again, IIM Nagpur has registered a 13.24% uptrend in average salary which has increased at INR 14.94 LPA and 18.61% rise in median salary which has gone up at INR 15.42 LPA.
Key Placement Trends
Final Placement Year | Average Salary (Rs. in Lakhs) | Highest Placement (Rs.in Lakhs |
2021 | 14.94 | 31.54 |
2020 | 13.21 | 19.20 |
2019 | 13.10 | 40 |
2018 | 12.35 | 20 |
IIM Bodh Gaya Placements
IIM Bodh Gaya, is the 16th IIM categorized under Baby IIMs which has not only maintained its excellent placement record but also offers a high RoI. IIM Bodh Gaya has completed 100% Placement 2021 with 3.6% rise in average salary and 7% rise in highest salary.
Key Placement Trends
Placement Year | Average Placement (INR in Lakhs) | Final Placement (INR in Lakhs) |
2021 | 9.92 | 17.30 |
2020 | 9.57 | 16.25 |
2019 | 10.90 | 16.00 |
IIM Amritsar Placement
One of the 7th newest Baby IIMs, IIM Amritsar final placements report 2019-2021 was recently successfully concluded. The Highest Domestic CTC was recorded as INR 18.16 LPA as no international recruiter participated in the placement drive.
Average salary for Top 25% students at IIM Bodhgaya stood at INR 15.94 LPA while 6 Students were offered PPOs.
Key Placement Trends
Cost to Company (CTC) | 2021 | 2020 | 2019 |
Highest CTC | Rs 18.16 LPA | Rs 40 LPA | Rs. 21 LPA |
Average CTC | Rs 12.68 LPA | Rs 12.61 LPA | Rs. 12.20 LPA |
Median CTC | INR 12 LPA | — | Rs. 12 LPA |
IIM Trichy Placement
IIM Trichy is the 11th IIM established in the country and has released its placement report for the batch 2019-21. This year, there is a 34% increase in the number of recruiters participating than last year and 24% of the batch received Pre-Placement offers.
IIM Trichy Placements Trends
Cost to Companies | 2021 | 2020 | 2019 |
Number of companies | 130 | 119 | 94 |
Number of offers | — | 186 | 170 |
Highest salary | Rs 30 LPA | Rs 25 LPA | Rs 35.15 LPA |
Average salary | Rs 14.85 LPA | Rs 14.96 LPA | Rs 14.91 LPA |
IIM Jammu Placements
In spite of being one of the the youngest members of IIMs family, IIM Jammu final Placement 2021 for the 4th batch 2019-21 has concluded with 100% placements. The average salary for the batch has gone up at INR 14.85 LPA in 2021 from Rs.10.06 lakhs and the highest salary also going up to INR 32 lakhs this year from Rs.24.5 lakhs last year.
Key Placement Trends
Placement Details | 2021 | 2020 | 2019 |
Number of companies | 130 | 119 | 94 |
Number of offers | — | 186 | 170 |
Highest salary | INR 32 LPA | INR 25 LPA | INR 35.15 LPA |
Average salary | INR 14.85 LPA | INR 14.96 LPA | INR 14.91 LPA |
IIM Sambalpur Placement
IIM Sambalpur has released its final Placement 2021 for its 5th MBA graduating batch 2021 and concluded the same with 100% success rate. IIM Sambalpur recorded the 39% increase in the highest salary offered at INR 26.4 LPA from INR 18.95 LPA last year.
Key Placement Trends
Particulars | Salary Statistics 2019 (in INR) | Salary/Statistics 2020 (in INR) | Salary/Statistics 2021 (in INR) |
Median CTC | 9.23 LPA | 10.5 LPA | 10.35 LPA |
Average CTC | 11.33 LPA | 10.78 LPA | 11.21 LPA |
Highest CTC | 20 LPA | 18.92 LPA | 26.4 LPA |
IIM Visakhapatnam Placement
Achieving yet again 100% placement to its credit, IIM Visakhapatnam has concluded final placement 2021 with lucrative placement packages for the graduating batch of MBA 2019-21 students. A total of 102 recruiters participated in the placement drive, out of which the total number of new recruiters was 73.
Key Placement Trends
Features | 2021 | 2020 | 2019 |
Highest CTC | Rs 20.82 LPA | Rs 27 LPA | Rs 22 LPA |
Average CTC | Rs 12.62 LPA | Rs 13.08 LPA | Rs 12.61 LPA |
Median CTC | Rs 12.00 LPA | Rs 12.00 LPA | Rs 12.00 LPA |
IIM Sirmaur Placement
IIM Sirmaur has successfully completed final placement 2021 for its 5th graduating batch of 2021. 132 leading companies, including 75+ first-time recruiters, participated and made lucrative offers to the large batch size of 112 students.
IIM Sirmaur Placements 2021- Highlights
Total number of recruiters | 132 |
Total batch size | 112 |
Highest offered CTC | Rs 16 LPA |
Average CTC offered | Rs 9.60 LPA |
Average CTC (top 10% of students) | Rs 14.10 LPA |
Average CTC (top 25% of students) | Rs 12.40 LPA |
Average CTC (top 50% of students) | Rs 11.20 LPA |
IIM Sirmaur Placement 2021
During the final placement 2021 the highest and average salary of IIM Sirmaur as compared to previous years has remained as mentioned here.
IIM Sirmaur Placement Year | Average Salary in Placement (INR in Lakhs) | Highest Salary in Placement (INR in Lakhs) |
2021 | 9.6 | 16 |
2020 | 11.28 | 26 |
2019 | 9.2 | 16 |
2018 | 12 | 32 |
Sales & Marketing was the most popular domain among the batch of 2021 at IIM Sirmaur. Nearly 61% of the batch opted for Sales & Marketing roles during final placement, with an average salary of INR 9.64 lakhs whereas 12% of the batch opted for General Management roles.