IIM Tiruchirappalli Placements 2023: PGPM Average Salary Increase by 20%, PGP- HR Batch Records Buoyant Placements

New Delhi: The Indian Institute of Management (IIM), Tiruchirappalli has successfully concluded ifs placement cycle for the academic session 2023-24, where the average salary of PGPM batch rise up to 20%, standing at INR 20.55 LPA and the PGP HR batch recorded a buoyant placements.

The IIM Trichy placement 2023, for the second PGP-HR 2021–23 batch was completed last year with an average salary increase of 18% to INR 15.82 LPA from INR 13.35 LPA the previous year. With a 22% increase to INR 41.61 LPA, the highest salary during IIM Trichy placements 2023 recorded a new milestone.

The number of PPOs offered to the students was increased by 49%. Commenting on the successful IIM Trichy placements 2023, Dr. Pawan Kumar Singh, Director of IIM Tiruchirappalli, said that IIM Trichy has consistently worked to develop its students into elite leaders and the placement of the graduating class of 2021–23 is proof for the same.

Expressing his delights, Dr. Pawan Kumar Singh, said that the institute has accomplished finest placement seasons wherein 99% of the batch got placed in December month. A total of 266 offers for PGPMs in the domains of Sales & Marketing, Finance, Consulting, IT & Analytics, and Operations were made by a total of 172 industry giants, while 24 offers were made for the PGPM-HR students.

This year, the highest and average CTC for PGPM were INR 41.61 LPA and 20.55 LPA, respectively. In addition, the institute has corded a 49% increase in the number of PPOs.

IIM Trichy Placement 2023: Highlights

Both the second batch of PGPM-HR and the large 11th batch of PGPMs had recorded 100% placement.

The important highlights of IIM Trichy Placements 2023 for Post Graduate Programme in Management (PGPM '23) & Post Graduate Programme in Management - Human Resources (PGPM-HR '23) are listed below;

IIM Tiruchirappalli PGPM Placements 2023: Highlights

There was a total of 22% increase in the highest salary which has gone up to INR 41.61 LPA in 2023 from INR 34 LPA last year. However, there was an increase of 22% for the median salary of PGPM that stood at INR 19.50 LPA.

IT & Analytics emerged as the top domain with the highest salary of INR 41.61 LPA, while the operations emerged as the top domain with a 49% increase in the highest average salary of INR 24.90 LPA.

IIM Tiruchirappalli PGP-HR Placements 2023: Highlights

IIM Trichy Placements 2023: Trends and Analysis 

The institute has emerged as one of the top B-Schools by successfully completing placements for the second PGPM-HR batch and the 11th PGPM batch. In total, 266 job offers were made to the students by 172 companies in the Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and HR domains.

This year, IIM Trichy attracted a variety of positions in industries like IT & Analytics, Operations, Consulting, and Finance, demonstrating the confidence of hiring managers in the institution. The following analysis of PGPM placement trends illustrates the increase in placement salary at IIM Trichy:

IIM Trichy Placements 2023: Top Recruiters

The regular recruiters were; ABFRL, Mellon, Cognizant, Deloitte, GAIL, HSBC, ICICI, Infosys Consulting, JP Morgan & Chase, McKinsey & Co, Microsoft, MTR, Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Morgan Stanley, NatWest, Samsung, ServiceNow, SysCloud, TATA AIG, Ultratech, Wells Fargo, Yes Bank, and many more.

Moreover, the institute also witnessed the participation of some new recruiters including Adani group, Aliens Group, Michael Page, More Retail, MPL, Navi, Aon Hewitt, BMW, Carlsberg, Cummins, Landmark Group, Piramal, Tekion Corp., Trukker among others.

IIM Trichy PGPM 2021-23 Batch: Key HIghlights

The 2021–23 batch of IIM Trichy consists of 246 PGPM students and 29 PGP–HR students, and it is diverse in terms of gender, academic background, and years of experience.

Tabulated below illustrates some significant batch highlights:

The students received highly sought-after profiles and positions in the fields of sales and marketing, finance, general management, strategy, consulting, operations, and human resources.

The placement season shows an impressive result in a challenging year that demonstrates IIM Trichy's dedication to academic excellence and the active role it plays in influencing the management industry.

Read More:

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