IIM-Ranchi concludes final placement with avg annual pay of Rs 15.11 lakh

The highest international compensation offered stood at 59.37 lakh per annum and the highest CTC offered to the MBA-HR batch stood at 26.50 lakh per annum

IIM placements
The highest number of offers were made in sales & marketing at 41 per cent
Avishek Rakshit Kolkata
2 min read Last Updated : May 16 2020 | 6:36 PM IST
Bagging an average compensation size of Rs. 15.11 lakh per annum, IIM-Ranchi completed the final placement session for its MBA and MBA-HR programmes for the academic session 2018-20. A total of 248 students - 181 from MBA and another 67 from MBA-HR were placed with 120 companies participating in the process.

The highest international compensation offered stood at 59.37 lakh per annum and the highest CTC offered to the MBA-HR batch stood at 26.50 lakh per annum. The average compensation for the MBA-HR batch stood at Rs. 14.55 lakh per annum.

The highest number of offers were made in sales & marketing at 41 per cent, followed by finance at 19 per cent and IT & Analytics at 15 per cent. Operations and general management accounted for 16 per cent of the offers, followed by strategy and consulting at 9 per cent.

The session featured the continued visits of major brands and prominent companies like Accenture, Amazon, Anand Rathi Wealth Services, Bosch, Capgemini, Cognizant, Deloitte, DS Group, Emami, Flipkart, GAIL, ICICI Group organizations, IBM, HP, JP Morgan Chase, L&T, Maruti Suzuki, RPG, RITES, Samsung R&D, Tata Steel, Ultratech, Value Labs and others.

Asian Paints, C K Birla Group, Emami Agrotech, HCL, Hero Motocorp, HSBC, Indigo Paints, Kotak Mahindra Bank, and Mahindra & Mahindra and others made their debut at this institution this year, offering roles across domains.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :IIMMBA

Next Story