IIM Rohtak PGP Placement 2023: Record-Breaking Average CTC of Rs 18.73 Lakhs with 16.7% Growth

The Indian Institute of Management, Rohtak (IIM-R) has successfully completed the placement process for its two-year post-graduate program, with an average salary increase of 16%. The average salary for this batch was Rs 18.73 lakh, reflecting a 16.7% growth from the previous year’s average of Rs 16.06 lakh. As per the placement report, the top 10% of the batch received an average salary of Rs 34.68 lakh, while the top 25% and 50% received an average salary of Rs 27.15 lakh and Rs 22.64 lakh, respectively. 

Additionally, IIM Rohtak saw a significant increase in PPOs and PPIs offered to students, with a 65% increase compared to the previous year. The PGP Class of 2023 comprises of 237 students, including 158 female and 79 male students, with an average work experience of 19 months. The batch’s academic diversity is skewed towards commerce and engineering.

Key Placement Highlights: IIM Rohtak PGP Programme 2021-23 

  • A total of 120+ recruiters participated in the placement process, including 45 new recruiters.
  • Total PPOs received – 37+ 

Highest CTC offered at INR 36 Lakhs 

Average CTC offered at 18.73 Lakhs 

Median CTC offered at 17.5 Lakhs 

YoY Average CTC increase at 16.7%

Top Salaries Offered 

TOP 10 %

TOP 25%

TOP 50% 

34.68 LPA

27.15 LPA

22.64 LPA 

Function-wise Placement Stats: 2021-23

Consulting 

  • Highest CTC – 32.21 LPA
  • Average CTC – 16.58 LPA

Finance 

  • Highest CTC – 20.00 LPA
  • Average CTC – 15.82 LPA

General Management 

  • Highest CTC – 19.05  LPA
  • Average CTC – 17.08 LPA

TI/Operations/Prod Man

  • Highest CTC – 35.51  LPA
  • Average CTC – 22.63 LPA

According to the placement report published on IIM Rohtak’s official website for the year 2021-23, the BIFS/Finance/Fintech sector was the most active, accounting for 45% of the offers. The IT and Consulting sectors came in second and third, with 14% and 13% of offers, respectively. Offers from the Manufacturing and E-Commerce sectors combined made up 22%, with notable recruiters being Anand Group, GAIL, Grasim Mahindra, Samsung, Schindler, Schindler India, Tata Steel, UltraTech, Zeiss, Amazon, Capgrid, ElasticRun, IndiaMart, Reliance Retail, RetailEZ, Titan, and Wakefit.

The institute reports forming new partnerships with over 45+ recruiters this year, including companies such as GAIL, AB InBev, Axis Bank, Barclays, Kotak Mahindra Bank, Samsung, and Wells Fargo. The institute also continues to maintain strong relationships with long-time recruiters like Accenture, Aditya Birla, Tata Steel, Amazon, Bain Capability Network, Tata Steel, among others.

Overall, it is clear that IIM Rohtak’s PGP program has had a successful placement season, with a significant increase in average salary and PPOs/PPIs offered to students. The institute’s strong relationships with recruiters and its ability to attract new companies to participate in the placement process is a testament to the quality of its students and the reputation of the program. It is also noteworthy that despite the ongoing economic challenges caused by COVID-19, the institute has been able to achieve such high placement figures. It is expected that this trend will continue in the future and that the students of IIM Rohtak will continue to have successful career prospects in their chosen fields.

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