Placement ReportIMT Ghaziabad Final Placement Report 2021-23
100% placement completed for 2 year PGDM batch 2021-23
IMT GHAZIABAD PLACEMENTS FOR TWO YEAR PGDM PROGRAMS 2021 – 23 HAS SURPASSED LAST YEAR RECORD!
Final Placement Season for the outgoing Batch of 2021 – 23, has surpassed all expectations with remarkable result in just 15 days.
- Average package 17.35 lakhs per annum with a Median of 16.0 lakhs per annum
- Average of top 100 students stands at 24.99 lakhs per annum, with a median at 22.23 lakhs per annum
- Average of top 200 students stands at 21.5 lakhs per annum, with a median at 20.0 lakhs per annum
- Highest International Salary 65.6 lakhs per annum
- Highest domestic salary 34 lakhs per annum
- More than 40% companies are first time recruiters, yielding 36% of placements
BATCH 2021 – 23 – FINAL PLACEMENT SUMMARY
The Final Placement process has seen participation from 150+ companies which included 77 new recruiters. The students of the Batch 2021 – 23 got placed at an all-time high average salary of 17.35 lakhs per annum. With the highest international offer of 65.6 lakhs per annum and domestic highest of 34.0 lakhs per annum and median salary of 16.0 lakhs per annum. We have seen a 13.4% increase in average annual compensation as compared to last year (i.e. batch of 2022) and 40% increase as compared to last 2 years (i.e. batch of 2021). The top 10 and top 20 percent average CTC are 29.61 lakhs per annum and 25.30 lakhs per annum respectively. More than 30 recruiters who hired from us this year are part of 2022 Fortune Global 500 ranking list, with 15 of them featured in top 100.
PROGRAM WISE COMPENSATION BREAKUP
The objective of IMT Ghaziabad as an institute is to help students become influential leaders who can achieve results that have the potential to transform organizations. The institute tries to inculcate values of innovation, social justice, and hands on approach as well as to facilitate design/lateral thinking capabilities.
We offer 2 – year Postgraduate Diploma in Management programs with the students specializing in the domains of Marketing, International Business & Marketing, Finance, Advanced Quantitative Finance, Banking and Financial Services, Operations, International Trade & Logistics, and HR. With cutting edge corporate – centric curriculum and corporate readiness approach, IMT Ghaziabad has been able to attract recruiters across the sectors offering new profiles and stellar roles.
The year witnessed a fear of recession which led to an anticipation of low hiring across sectors, with global market being gloomy and layoffs across companies being the point of discussion. However, the industry showed faith in the quality of our students with an overwhelming response. Companies spanning across various sectors FMCG, Consumer Products, Automobile, Manufacturing, BFSI, Internet Business, Logistics and Supply Chain, amongst others have participated in the placement process this year. Students have been offered roles in Sales & Marketing, Analyst, Financial Risk & Advisory, Credit, General Management & Leadership, Strategy, Consulting, Credit Risk, Project Management, Wealth & Private Banking, FPA/Corporate Finance, Treasury Risk, Project Management, Product Management, Market Research, Equity Research, and Operations.
More than 70% offers have been generated by the BFSI, IT/ITES, Consumer Goods, and Consulting sectors. Automobile, Manufacturing & Engineering, Logistics & Supply Chain, and Retail hiring in good numbers indicated positive growth within Indian market, against the global outlook.
INCREASE IN CTC (LPA) OVER LAST 5 YEARS
IMT Ghaziabad has continuously strived to achieve greater heights in all the areas, and career outcomes or our students is no different and stands as a top most priority. In last 3 years, we have consistently grown in terms of our recruiter base and the compensation benchmarks.
IMT believes in gender diversity and strongly encourages balanced work ratio in work places. This was evident again this year as the average CTC of female students is higher as compared to male students, and is above overall campus average CTC. The average CTC of female students stands at 17.95 lakh per annum as compared to 17.14 lakh per annum for male students. The average CTC of top 10% female at IMT Ghaziabad was 28.51 lakh per annum as compared to average CTC of male which was 29.88 lakh per annum. IMT promotes and encourages females in every aspect of the career and growth development. With female students being offered higher CTC during final placements, it surely acts as a motivation for them.
SECTOR WISE sector wise list of companies is given below:
Consulting has always been the most sought after sector in all the top B-schools. Despite gloomy outlook in the global markets, we were able to secure interest from global consulting firms such as BAIN, Deloitte, Infosys Consulting, Kroll, GEP, KPMG Global Services, Feedback Infra, Techmatrix, to name a few.
CONSUMER GOODS AND PRODUCTS:
FMCG and Consumer Durables/Products offers were driven by participation of giants such as Reckitt, Marico, Pernod Ricard, TATA Consumer Products, NIVEA, UB, Asian Paints, VIP Industries, Bajaj Electricals, Bajaj Consumer Care, Adani Wilmar, Safari, Philips, and Wipro CCL, and others. Consumer Goods and Products sector has contributed 5% more than last year.
Finance had a marvelous run this annum leading with more than 30% offers in the batch, with participation from some of the prestigious firms such as Arcesium, Goldman Sachs, Credit Suisse, Morgan Stanley, NatWest Group, HSBC, HDFC Bank, Policy Bazaar, Client Associates, Bank of America, Standard Chartered, Aditya Birla Capital, ClearTax, BNY Mellon, JMI, IIFL, Airtel Payments, and Darashaw, among others.
IT & ITES:
IT and ITES sector contributed to 18% of offers this annum owing to the global business challenges. Despite the tough times, firms such as Google, Microsoft, Accenture, Cisco, Cognizant, Genpact, TechMahindra, Zycus, Hexaware, IBM, DELL, Hughes Systique, MAQ Software, Quest Global to name a few have shown faith in the talent at IMT and hired during the campus process.