The Indian Institute of Management in Rohtak (IIM-R) has completed the job placement process for its two-year post-graduate program and has seen a remarkable 16% rise in the annual CTC offered to its students. The average salary for the Post Graduate Program (PGP) class during IIM Rohtak’s placement was INR 18.73 lakh, showing a 16.7% increase from the previous year’s average salary of INR 16.06 lakh.
According to an official statement, the top 10% of the students received an average CTC offer of Rs 34.68 LPA. Additionally, the top 25% and 50% of students were offered an average CTC offer of of Rs 27.15 LPA and Rs 22.64 LPA respectively.
The class of 2023 comprises of 237 students, with the majority being female – 158 as compared to 79 male students. These students have an average of 19 months of work experience. The batch is academically diverse with maximum number of students from commerce and engineering backgrounds. Moreover, marketing & strategy was the most sought-after specialisation of the students, followed by finance.
The Institute also reported a significant increase in the number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) with a 65% increase compared to the previous year.
Coming to the function-wise statement, IIM Rohtak continues to solidify its position in the job market, with around 24% of offers received in the consulting field. Companies such as Accenture, Bain Capability Network, Cognizant, Deloitte, Gartner, EY, Genpact, The Math Company, and others provided roles like business analyst and associate consultant, followed by finance with 19 per cent job offers in various roles in wealth management, risk management, investment management, and relationship management.
Furthermore, 21 per cent offers were made in the general management segment, followed by IT/Operations with 15 per cent offers received from corporate leaders like Amazon, ElasticRun, EXL, IDFC First Bank, Infosys, NPCI, and Wakefit.
As per the official statement, sSales and mMarketing remained one of the top domains for high CTC offers (36 LPA), accounting for around 21 per cent of the offers received. New companies such as AB InBev, Anand Group, Cyfuture, and GAIL placed their trust in the reputation of IIM Rohtak by offering roles in this field.
According to the institute, this year it has established new partnerships with over 45 new companies such as GAIL, AB InBev, Axis Bank, Barclays, Kotak Mahindra Bank, Samsung, and Wells Fargo and they have been among the top recruiters in the placement list.
Additionally, it also retained its relationships with loyal recruiters such as Accenture, Aditya Birla, Tata Steel, Amazon, Bain Capability Network, Tata Steel among others.