BIMTECH Placement 2023: A Resounding Success with 100% Placement and Record-Breaking Highest CTC @  23.43 LPA

Birla Institute of Management Technology, BIMTECH has successfully completed its 2023 placement program, with a 100% placement rate and an impressive highest package of ₹23.43 lakh per annum. Additionally, the average salaries for this year’s graduates saw a 20% increase compared to previous years.

 

Key Placement highlights 2023

 

100% placement achieved 

Highest package offered is INR 23.43 LPA

Average package offered is INR 11.25 LPA

Highest international package offered is INR 24.67 LPA

Top recruiters – ADP, Wipro, E&Y, Deloitte, KPMG, Kantar, Yamaha Motors

 

This year’s placement program included four regular courses: PGDM, PGDM International Business, PGDM Retail Management, and PGDM Insurance Business Management. The leading sectors for job offers were Banking, Financial Services and Insurance (BFSI) and Consulting, accounting for 36% and 24% of total offers, respectively. Additionally, 60-70% of students were placed in the BFSI, IT, and Consulting sectors, followed by the manufacturing, FMCG/CD, and retail sectors, which made up 20-25% of the offers. There was an increase in recruitment from Fintech/Insurtech and IT startups, such as Digit, Zopper, and Darwin Box.

90+ recruiters participated in BIMTECH’S Placement Drive 2023, including 30% new recruiters. Top recruiters included ADP, Wipro, E&Y, Deloitte, KPMG, Kantar, and Yamaha Motors.

 

TOP Average salaries offered – BIMTECH 2023 

 

Top 10% Average Salary

INR 15.86 LPA

Top 25% Average Salary

INR 14.31 LPA

Top 50% Average Salary

INR 12.80 LPA

 

This year, BIMTECH has implemented changes to its campus placement process. Instead of solely using the traditional Group Discussion (GD) method, a hybrid hiring process was utilized, incorporating both online and offline tools to evaluate students’ competencies.

 

In addition, the 2022-23 summer internship placement drive at BIMTECH has also been concluded. The students received an average stipend of INR 18 K per month and the highest stipend offered was INR 70 K per month. A total of 420 students were placed during the BIMTECH Summer Internship Placements for 2022-23.

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