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IIM Nagpur Placements 2023: Top Salary at 64 Lakhs

Jun 9, 2023 | 2 minutes |

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IIM Nagpur's 2023 placements report is out! The institute witnessed the highest salary doubling from last year and standing at 64 lakhs. The average and median salaries saw a 10% and 9% increase respectively. Top brands like Microsoft, Adani Group, IBM, Bank of America, Accenture, Deloitte, KPMG, HDFC Bank, and many others participated in the placements process, extending offers to IIM Nagpur's batch of 236 students. Here's a quick breakdown of key salary and recruitment figures from IIM Nagpur's final placement report.

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Top salary at 64 lakhs, average salary up by 10% at IIM Nagpur

In 2023, the highest salary at IIM Nagpur touched INR 64 lakhs, a 2x increase over last year's INR 31.54 lakhs. The average salary increased by 10%, while the median salary increased by 9%. To compare, IIM Jammu saw a 19% and 20% increase in the average and median salaries, respectively. The average of the top-half of all salaries offered increased by 10%, standing at INR 18.91 lakhs.

Strategy and consulting, IT and analytics, operations top domains at IIM Nagpur

Strategy and consulting, IT and analytics, and operations were the most sought-after domains at IIM Nagpur in 2023, with 50% of the batch opting for these roles. Even so, this was a dip from last year, when nearly 60% of the batch took up these profiles. The preference for operations roles shot up significantly. Read IIM Nagpur's full placement report on the institute's official website.

ITES, BFSI, consulting emerge as biggest recruiters at IIM Nagpur

In 2023, offers from ITES, BFSI and consulting sectors made up a combined total of 78% of the total offers accepted at IIM Nagpur. Preference for the BFSI sector shot up massively, while that for consulting saw an equivalent fall. Manufacturing was another sector that saw increased preference amongst IIM Nagpur students.
Read Next → Final placements at India's top b-schools in 2023