IIM-Rohtak concludes placement season with average CTC of Rs 19 LPA

The median annual salary stands at Rs. 32.5 lakh per annum (LPA).

Indian Institute of Management-Rohtak (IIM-R) has concluded the placement season for the 13th batch of its flagship two-year post graduate programme (PGP).

The average CTC, at Rs 19.27 lakh per annum (LPA), showed a 3 percent year on year growth over the past year’s average, which was at Rs 18.73 LPA. The top 10 percent received an average of Rs 37.25 LPA and the top 25 percent and 50 percent were offered an average of Rs 29.28 LPA and Rs 24.13 LPA, respectively.

“This placement season experienced the participation of sizeable number of faithful loyal recruiters and engagement of numerous new companies. The recruiting organizations spanned multiple domains and offered a wide range of profiles, attesting to the ability of our diversified pool of student talent to cater to industry needs,” said Professor Dheeraj Sharma, Director of IIM-Rohtak.

This year, the institute said it tied with more than 200 companies. These  includes more than 70 new recruiters like Airtel Payments Bank, Bloomberg, Decathlon, Dell, Havells, IDBI Bank, and Maruti Suzuki. Loyal recruiters like Adobe, Aditya Birla, Tata Steel, Amazon, Barclays, Tata Steel, Capgemini, Cognizant, ICICI Bank, Mahindra & Mahindra, OfBusiness, and Reliance Retail continued to participate in the placement season.

Sales and marketing was the most sought after domain and accounted for 30 percent of the received offers, compared to 21 percent last year, indicative of its popularity among students. Notably, the highest CTC has also been offered in the domain. The General Management & HR were the second most sought after domain and accounted for 27 percent of the offers, compared to 21 percent in the previous year.

Product management, IT and operations constituted about 20 percent of the received offers, up from 15 percent in 2023. As many as 15 percent of the offers received were in the BFSI and FinTech domains. 8 percent of the students received offers from the Consulting domain.