IIM Kashipur's 2023 placement report is out! The institute saw the highest salary touch INR 37 lakhs and saw impressive growth in the average and median salaries for its batch of 2023. A total of 187 companies participated in the final placement process, including top brands like Amazon, Tata Steel, Mahindra Group, HDFC Bank, Capgemini, Nomura, Tata Motors, and many others. Here's a quick breakdown of
IIM Kashipur's 2023 audited placement report.
IIM Kashipur Placements 2023: Key Highlights
- The highest salary stood at INR 37 lakhs, up by 28% compared to last year. The lowest salary stood at INR 10.00 lakhs
- The average salary stood at INR 18.12 lakhs, an increase of 19% over the previous year
- The median salary stood at INR 17.20 lakhs, increasing by 16% year-on-year
- 187 companies participated in the final placement process at IIM Kashipur, extending 340 offers to the batch of 2023
- Top returning recruiters on campus included Accenture Technology, Amazon, Bank of America, Deloitte USI, HSBC, Mahindra Group, Tata Steel, and Capgemini, amongst others
- Top new recruiters on campus included companies like Gartner, Nomura, Porter, Tata Motors, Tech Mahindra, SBI Capital, NatWest Group, and EXL Analytics, amongst others
- BFSI, Consulting, and IT were the most sought-after sectors at IIM Kashipur
- Product Management, Sales and Marketing, Consulting, and Operations were the most sought-after functions
- On average, Product Management was the best-paying function
- Notably, 20 offers (about 6% of all offers) extended were designated 'work from home'
Also Read → 2023 Placement Reports for Top Indian B-Schools
IIM Kashipur Final Placements 2023: Highest Salary at 37 Lakhs, Lowest at 10 Lakhs
In 2023, IIM Kashipur saw the highest salary touch INR 37 lakhs, increasing by over 28% compared to last year. The average and median salaries increased by 19% and 16% respectively—growth that's far away from the top-ranked IIMs in absolute numbers, but more impressive in terms of relative growth (to compare,
IIM Calcutta saw a 2.5% increase in the average salary for the batch of 2023).
So, how does IIM Kashipur's growth in salaries compare with other second-generation IIMs? IIM Trichy
has seen its average salary grow by 21%, IIM Raipur by 19%, and IIM Rohtak by 17%, which puts IIM Kashipur's salary growth at par.
IIM Kashipur Final Placements 2023: Sector and Domain-Wise Salaries Offered to IIM Kashipur's Batch of 2023
Sector-wise, the highest salary came from the Consulting sector, followed by Analytics, Ecommerce, and IT. Based on median salaries, the best-paying sectors were Analytics, FMCG, Engineering/Tech, and Ecommerce.
Domain-wise, the median salary was highest for Product Management roles (INR 23.5 lakhs), followed by HR (INR 20 lakhs), Operations (INR 18 lakhs), and Data Analytics (INR 18 lakhs).
Maximum Offers Come From the BFSI Sector
In 2023, 38% of the offers accepted were in the BFSI sector, which was more than the next two most-sought after sectors (Consulting, IT) combined. Ecommerce and Manufacturing completed the list of the top-five most desirable sectors for IIM Kashipur's 2023 batch.
Product Management, Sales and Marketing Most Sought-After Profiles at IIM Kashipur
Product Management and Sales and Marketing roles were big in 2023, 24% and 22% of the batch accepting offers for these profiles, respectively. Operations and Consulting were at level-pegging. Notably, General Management, which accounted for nearly 20% of all accepted offers last year, fell to nearly 11% in 2023. Preference for Finance also halved compared to last year, in terms of percentage points.
Read Next → 10 Things That Make IIM Kashipur Special!