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Indian Institute of Management, Kashipur2021 Placement Report

Numbers

Highest CTC
₹29.02 LPA−40.2%
Average CTC
₹14.05 LPA+1.7%
Median CTC
₹12.72 LPA+5.6%

Editorial review

By

Indian Institute of Management, Kashipur's 2021 placement cycle: 260 eligible students at IIM Kashipur received 268 offers from 127 companies, at an average CTC of Rs 14.05 lakh, as the institute launched its MBA (Analytics) program; BFSI led sector share at 21%; median CTC rose +5.6% versus the prior year. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.

IIM Kashipur's MBA Batch of 2019-21 graduated as the institute entered its 10th year, which also coincided with the launch of its MBA (Analytics) program. 260 students were eligible for placement, and 127 organisations, up 32% year on year, made 268 offers across Consulting, Finance, IT & Analytics, HR, Operations, Sales & Marketing and Strategy. The average CTC rose to Rs 14.05 lakh against a median of Rs 12.72 lakh, with a highest package of Rs 29.02 lakh; the top 10% averaged Rs 26.05 lakh, the top 20% Rs 22.56 lakh and the top 30% Rs 20.72 lakh. PPOs/PPIs increased 39% and 40-plus new recruiters joined the process.

By sector, BFSI led with 21% of placements, ahead of IT Services at 19% and Analytics & Consulting at 12%; IT Products & Platforms took 10%, EdTech 7%, Health Care 6%, EBusiness 5%, and Research & Advisory and Manufacturing 4% each, with an Others bucket covering the remaining 14%. Recruiters spanned IT majors Infosys, Accenture, Cognizant, Virtusa, Tech Mahindra and HCL; finance names Deloitte, TATA Capital, Futures First, HDFC Bank, ICICI Bank and RBL Bank; and consumer names L'Oreal, Godrej & Boyce, BlueStar and Flipkart.

The batch also excelled outside placements, with IIM Kashipur ranked 4th in the Dare2Compete Competitive B-Schools 2021 rankings on the back of 8 national competition wins, 5 national runners-up finishes, 4 second-runner-up finishes, 24 national finalist and 12 semi-finalist results in case competitions including the L'Oreal Sustainability Challenge, Xiaomi Mi Summit 2.0 and the Virtusa Business Cipher Challenge.

Key takeaways

  1. Pay bands moved in mixed directions

    Median CTC rose from ₹12.05 LPA in the prior cycle to ₹12.72 LPA this year (+5.6%). Average CTC rose from ₹13.82 LPA in the prior cycle to ₹14.05 LPA this year (+1.7%). Highest CTC fell from ₹48.53 LPA in the prior cycle to ₹29.02 LPA this year (−40.2%). Prefer the median over highest when sizing a typical outcome for this batch.

  2. BFSI led the batch at 21%

    BFSI accounted for 21% of offers, the largest sector share in this 2021 report. The next sector, IT Services, sat at 19%, so the gap between first and second is 2 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.

  3. 127 recruiters, led by Infosys

    127 firms participated for 268 offers, about 2.1 offers per recruiter on average. Infosys topped the named list, followed by Accenture, Cognizant, and Virtusa. Offer concentration among a few brand-name firms is common at top campuses; check whether your target employers actually appear in this list rather than assuming brand gravity alone.

  4. Average sits above the median

    Average CTC (₹14.05 LPA) sits about ₹1.3 LPA above the median (₹12.72 LPA). That gap usually means a smaller set of higher offers pulled the mean up, so the median is the safer read on a typical package for this 2021 batch.

Sector split

Hover a slice to view the percentage / count split

Top recruiters

InfosysAccentureCognizantVirtusaTech MahindraHCLTredenceMphasisDeloitteTATA CapitalFutures FirstHDFC BankICICI BankRBL BankL'OrealGodrej & BoyceBlueStarFlipkart

Frequently asked questions

How did average CTC compare with the median in 2021?

Average CTC was ₹14.05 LPA and median was ₹12.72 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.

How does the highest CTC compare with the average in 2021?

The highest CTC was ₹29.02 LPA, about 2.1x the average of ₹14.05 LPA.

Which program does this 2021 report cover?

This page covers MBA Batch 2019-2021 at Indian Institute of Management, Kashipur.

Where do these placement figures come from?

Every number on this page is transcribed from Indian Institute of Management, Kashipur's own published materials. Open the source link under the title for the original document.

Notes

IIM Kashipur’s MBA Batch of 2019-21 graduated as the institute entered its 10th year, which also coincided with the launch of its MBA (Analytics) program. 260 students were eligible for placement, and 127 organisations, up 32% year on year, made 268 offers across Consulting, Finance, IT & Analytics, HR, Operations, Sales & Marketing and Strategy. The average CTC rose to Rs 14.05 lakh against a median of Rs 12.72 lakh, with a highest package of Rs 29.02 lakh; the top 10% averaged Rs 26.05 lakh, the top 20% Rs 22.56 lakh and the top 30% Rs 20.72 lakh. PPOs/PPIs increased 39% and 40-plus new recruiters joined the process.

By sector, BFSI led with 21% of placements, ahead of IT Services at 19% and Analytics & Consulting at 12%; IT Products & Platforms took 10%, EdTech 7%, Health Care 6%, EBusiness 5%, and Research & Advisory and Manufacturing 4% each, with an Others bucket covering the remaining 14%. Recruiters spanned IT majors Infosys, Accenture, Cognizant, Virtusa, Tech Mahindra and HCL; finance names Deloitte, TATA Capital, Futures First, HDFC Bank, ICICI Bank and RBL Bank; and consumer names L’Oreal, Godrej & Boyce, BlueStar and Flipkart.

The batch also excelled outside placements, with IIM Kashipur ranked 4th in the Dare2Compete Competitive B-Schools 2021 rankings on the back of 8 national competition wins, 5 national runners-up finishes, 4 second-runner-up finishes, 24 national finalist and 12 semi-finalist results in case competitions including the L’Oreal Sustainability Challenge, Xiaomi Mi Summit 2.0 and the Virtusa Business Cipher Challenge.