IIM Nagpur Placement & Packages 2021: Process, Lowest, Highest Packages

IIM Nagpur Placement & Packages 2021: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Oct 9, 2021IIM Nagpur 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
IIM Nagpur 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
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IIM Nagpur Placements Key Highlights 2021

IIM Nagpur Placements 2021:

Indian Institute of Management Nagpur has seen great improvement and a hike in the placement trends each year. Even this year, despite the COVID-19 pandemic, the institute managed to grab effective and improved placement statistics with an increase in the average and median CTC offered. 41 first-time recruiters participated in the placement drive of 2021, wherein the Highest CTC was Rs. 19.20 LPA, the Average CTC was Rs. 13.21 LPA, and the Median CTC was Rs. 13 LPA.

More than 60% of the students were placed in the consulting and IT sector and in summer placements – the highest Stipend was Rs 2.5 Lakhs, and the Average Stipend was Rs. 62K.

Some of the top recruiters who participated in the placement drive were SalesForce, Bain & Company, Deloitte, Xiaomi, etc.

IIM Nagpur has its Career Development Services (CDS) office and the Student Placement Committee to organize various placement activities like industry seminars, guest lectures, and workshops. Around 121 students participating in the placement drive

IIM Nagpur Placements:

IIM Nagpur highest package 2021

Rs.. 19.20 LPA

IIM Nagpur average package

Rs.. 13.21 LPA

Average CTC of Top 50% 

Rs.. 15.53 LPA

Median CTC

Rs.. 13 LPA

IIM Nagpur Final Placements Highlights 2021

  • The highest CTC saw a 108.33% dip from Rs 40 LPA in 2020 to Rs 19.20 LPA in 2021
  • The average and median CTC increased by 0.83% and 1.56% from Rs 13.10 LPA in 2020 to Rs 13.21 LPA in 2021 and from Rs 12.80 LPA in 2020 to Rs 13 LPA in 2021, respectively
  • Consulting was the top recruiting sector, with 31.9% of the students being offered job roles in this sector
  • 41 first-time recruiters made offers in the IIM Nagpur final placements drive this year

Highlights in the Tabular Form:

Particulars

Statistics (2020)

Statistics (2021)

Batch strength

106

121 ↑

Placement Rate

100%

100%

Highest CTC

Rs 40 LPA

Rs 19.20 LPA ↓

Average CTC

Rs 13.10 LPA

Rs 13.21 LPA ↑

Median CTC

Rs 12.80 LPA

Rs 13 LPA ↑

Average CTC (top 50% students)

N/ A

Rs 15.53 LPA

New recruiters

50+

41+ ↓

Participating sectors

Analytics, Automobile, BFSI, FMCG, Consulting

Consumer Durables, EdTech, E-commerce, Analytics, Logistics

Highest recruiting sector

Consulting

Consulting 

Top roles offered

Sales & Marketing

Strategy, Consulting & Analytics

Top job profiles

N/ A

Management Consulting, Research, and Advisory, Brand Management, Key Account Management, Fixed Income Research

Top recruiters

Deloitte, Mu Sigma, ValueLabs, Wipro Digital, Infosys, Mphasis, FIITJEE

BNY Mellon, Bain & Company, Xiaomi, Salesforce, Accolite Digital, Utkarsh Small Finance Bank

IIM Nagpur Summer Placements 2021

IIM Nagpur also successfully completed the summer placements with some of the top participating recruiters like Microsoft, Future Generali, BNY Mellon, Doha Bank, SIDBI, Hindustan Petroleum Shriram Housing Finance, etc. Jobs were offered in multiple sectors like FMCG, E-commerce, EdTech, Consumer Durables, Consulting, Analytics, among others.

Highlights of Summer Placements:

  • The highest stipend increased by 108.33% from Rs 1.20 lakh (2021) to Rs 2.50 lakh this year
  •  The average stipend (overall) and the average stipend of top 50% students increased by 14.79%  and 28.66%, respectively, this year
  • The median stipend dropped from Rs 50,000 to Rs 40,000 in 2021
  • Over 100 recruiters participated during the summer placement drive this year
  • BFSI was the top recruiting sector, with 15.18% of students opting for summer internship roles in this sector
  • Marketing and Sales emerged as the most popular job profile among the students

IIM Nagpur Summer Placements 2022 Batch - Highlights:

Particulars

Statistics (2021 Batch)

Statistics (2022 Batch)

Batch strength

123

208 ↑

Placement rate

100%

100%

The number of companies that participated

60+

100+ ↑

Highest Stipend

Rs 1.20 lakh

Rs 2.50 lakh ↑

Average Stipend

Rs 54,064

Rs 62,063 ↑

Median Stipend

Rs 50,000

Rs 40,000 ↓

Average Stipend (top 50% students)

Rs 73,993

Rs 95,200 ↑

Students taking on-campus offers

N/ A

191

Number of dual offers

N/A

9

Highest recruiting sectors

E-commerce, Consulting

BFSI, EdTech

Top recruiters

V-Guard, Fossil, Philips Carbon Black, BigBasket, Crompton Greaves, Lenskart, etc.

United Breweries, Microsoft, YourStory, Nivia Sports, Future Generali, Doha Bank, etc.

Batch Profile of the IIM Nagpur Summer Internship Placements:

Particulars

Statistics

Total No. of Students in the batch

208

Male Students

78.57%

Female Students

21.43%

Average Age

25

Average Work Experience

30.6 months

IIM Nagpur Summer Placement Domain-wise 2021:

Domain

Percentage of Offers

Sales & Marketing

58.64

General Management

14.14

Strategy & Consulting

9.95 

Finance

8.38

IT & Analytics

3.66

Operations

5.24

IIM Nagpur Summer Placements Sector-wise 2021:

Sector

Percentage of Offers

Consulting

7.33%

EduTech

13.09%

ITes

12.04%

BFSI

15.18%

Ecommerce and Logistics

7.85%

Manufacturing

7.33%

FMCG and FMCD

12.04%

Oil and Gas

6.28%

Health and Pharma

5.76%

Others

13.10%

Top Recruiters for Summer Placements:

BNY Mellon

Dalmia Bharat

UB Ltd

Crompton

Tasty Bite

Future Generali

Lets Solve

SHRIRAM

Canara Bank

Akshaya Patra

Doha Bank

Creative Labs

Ascent Health & Wellness

NIVIA

Neeyamo

IIM Nagpur Placements Process 2021

IIM Nagpur Placement Procedure 2021:

1. CDS (Career Development Services) and the Student Placement Committee

The IIM Nagpur recruitment process is dealt with by the team of CDS and the Student Placement Committee. It provides assistance and benefits to students like:

2. Students Applications

The organizations visiting IIM Nagpur share a detailed description of the roles, which is percolated to the students. The students apply as per their own interests, and their applications are forwarded to company representatives.

3. Shortlisting of students according to their relevant profiles

4. Organizes Pre-Placement Talks (PPTs) and Interviews

5. Final Selection Process

Based on Case Study based Group Discussion and few rounds of Personal Interviews, final shortlisting of students is done

6. Final Offer

Final job offers are made to the students by sending a formal offer letter to the CDS office, and the offer acceptance is taken from the students.

IIM Nagpur Final Placement Process:

Step 1 – Companies share the job descriptions with the placement cell – CDS.

Step 2 – Students apply for relevant profiles and submit their applications.

Step 3 – Companies visit the campus for pre-placement talks.

Step 4 – The recruitment process is conducted by companies in multiple stages.

Step 5 – Students appear for GDs, Case Study Analysis, and Personal Interviews.

Step 6 – Final offers are made by shortlisting students, and offer letters are sent out to CDS based on the performance of the students.

IIM Nagpur Placements Reports 2021

The following table represents the batch profile of IIM Nagpur batch 2021:

Particulars

Statistics

Male Students

84%

Female Students

16%

IIM Nagpur Top Recruiting Companies

Various Companies in Placement Process - IIM Nagpur top recruiting companies:

Deloitte

BAIN & Company

SalesForce

IQVIA

Xiaomi

Delhivery

TVS

Accolite Digital

Persistent

BNY Mellon

HCL

Philips Carbon Black Limited 

Kotak Mahindra Bank

NCR

Polycab

IIM Nagpur Domain-wise Placement 2021:

Domain

Percentage of Offers

Sales & Marketing

36.97

General Management

21.85

Strategy & Consulting

15.13 

Finance

9.24

IT & Analytics

8.40

Operations

8.40

IIM Nagpur top recruiters - Domain-wise Top Recruiters in IIM Nagpur:

Below-mentioned is the list of sectors in which students of IIM Nagpur are placed.

Sectors

Top recruiters with maximum offers in IIM Nagpur

Highest CTC (Rs.)

IT / Consulting

ValueLabs and Trianz

19 LPA

Finance / E-Commerce / Analytics

FIITJEE and Tredence Analytics

40 LPA

Sales and Marketing

MahaMetro and PolyCab

17 LPA

IIM Nagpur IT and Consulting Sector Placements 2021:

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number of Students

Deloitte

Consultant

11-14 LPA

5-6

MuSigma

Manager

14-16 LPA

-

Trianz

Consultant

15-17 LPA

-

ValueLabs

Associate Director

16-19 LPA

3

Wipro Digital

Business Analyst

10-11 LPA

1

FSS

Product Strategy

13-16 LPA

2

Infosys

Analytics

9.5-11.5 LPA

2-3

L&T Infotech

Senior Business Analyst

13-15 LPA

1

HCL

Multiple

12-13 LPA

5

Mphasis

Business Analyst

11-12 LPA

1

Hexaware

Management Trainee

10-12 LPA

4

TA Digital

Multiple

12-13 LPA

4

Genpact

Consulting

10-11 LPA

-

Tech Mahindra

Sr. Business Associate

9-11 LPA

2-3

IIM Nagpur E-commerce, Finance, and Analytics Sector Placements 2021:

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number of Students

Kotak Mahindra

Relationship Manager

12-13 LPA

2

ANZ

Research Analyst

10-12 LPA

1

Tresvista

Analyst

10.5-12.5 LPA

-

Tredence Analytics

Management Trainee

14-16 LPA

2

Merilytics

Analytics

13.5-14.5 LPA

-

Invento Robotics

Business Development Manager

10-12 LPA

1

FIITJEE

Territory Business Head

40 LPA

1

Akash Institute

Dy Branch Head

12-14 LPA

1

Teamlease

Manager

10-12 LPA

1

IIM Nagpur Sales and Marketing Sector Placements 2021:

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number Of Students

ThyssenKrupp

Manager

15-16 LPA

6

TVS

Management Trainee

12-13 LPA

2

TATA Power

Management Trainee

9-11 LPA

3

PolyCab

Business Leadership Trainee

13-15 LPA

2

MhaMetro

MT

15-17 LPA

-

DropShop

Business Analyst

9-10 LPA

1

DHL

Management Trainee

11-12 LPA

2

IIM Nagpur Sector-wise Placements:

Top sectors offered placements in IIM Nagpur - IIM Nagpur Sector-wise Placement 2021:

Sector

Percentage of Offers

Consulting

31.93%

ITes

25.21%

BFSI

12.61%

Ecommerce and Logistics

8.40%

Manufacturing

5.04%

FMCG and FMCD

5.04%

Others

11.77%

IIM Nagpur Function-wise Placements:

Top functions offered placements in IIM Nagpur 

IIM Nagpur Placements 2021 – Educational Background:

Courses

Percentage of Students

IT/ITES

56%

Manufacturing

11%

Infrastructure

6%

BFSI

6%

Engineering

6%

Consulting

4%

Automotive

4%

Aerospace

4%

Power

1%

Others

4%

IIM Nagpur Placements 2021 – Batch Profile Work Experience:

Work Experience

Freshers

13%

1 – 24 months

19%

25 – 36 months

40%

36 plus months

28%

IIM Nagpur Top Alumni Recruiters

  1. Deloitte India  
  2. ZS Associates
  3. V-Guard
  4. Tech Mahindra           
  5. HCL Technologies     
  6. TVS Motor Company
  7. Tata Consultancy Services   
  8. LTI - Larsen & Toubro Infotech         
  9. Accenture

IIM Nagpur Alumni Domains:

About 15% of alumni each are working in the Business Development and Operations sector and 9% in the Education sector:

Domain

Alumni distribution

Business Development

15%

Operations

15%

Education

12%

Engineering

9%

Sales

9%

Others

40%

IIM Nagpur Alumni Networks:

Name of the Company

No. of Alumni

IIM Nagpur

47

Deloitte India (Office of the US)

17

V Guard

12

Tech Mahindra

10

HCL Technologies

9

ZS

8

FINesse

7

TCS

6

TVS Motor Company

6

TA Digital

6

LTI

6

Predixion

5

Hexaware Technologies

5

Thyssenkrupp

5

Trianz

5

IIM Nagpur Sector-wise Salary Package

IIM Nagpur sector-wise salary analysis - As per the final placements record of IIM Nagpur:

  1. The IIM Nagpur highest salary offered dropped from Rs 40 LPA to Rs 19.20 LPA in 2021.
  2. The average CTC increased to 0.83% from Rs 13.10 LPA to Rs 13.21 LPA.
  3. The median CTC increased by 1.56% from Rs 12.80 LPA to Rs 13 LPA in 2021.
  4. IIM Nagpur sector-wise salary compared to previous years trends (in Rs. LPA)

Details

2019

2020

2021

IIM Nagpur highest salary offered

20

40

19.2

IIM Nagpur average salary offered

12.41

13.1

13.21

IIM Nagpur median salary offered

12

12.8

13

 

Related Links
IIM Nagpur Admission 2021IIM Nagpur 2021
IIM Nagpur Courses, Fees 

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Aditi JoshiAditi JoshiMember since Mar 2021
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  • The maximum offers made by a sector during IIM Nagpur final placements 2021 was the Consulting sector (31.93%), and the second was the ITeS sector (25.21%).

  • Yes, IIM Nagpur’s Career Development Services (CDS) office and the Student Placement Committee arrange for inviting companies, organizing industry seminars, guest lectures, and workshops to provide placement support for the students, and finally helping them with their final offer letter.

  • Maximum offers were generated by the Sales & Marketing domain (36.97%) of IIM Nagpur placement drive 2021.

  • The top recruiters that provided IIM Nagpur summer internship 2022 were United Breweries, Future Generali, YourStory, Doha Bank, Nivia Sports, among other recruiters.

  • Yes, there are several academic and recreational clubs at IIM Nagpur like FINesse, the finance club; MARX, the marketing club; Eques The Strategy and Consulting, etc.

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