IIM Mumbai Achieves 100% Placement for Class of 2025
New Delhi: The Indian Institute of Management (IIM) Mumbai has announced a remarkable milestone by achieving 100% placements for its Class of 2025. The successful placement season has recorded a significant increase of over 10% in the number of job offers compared to the previous year.
A Diverse Array of Opportunities
A total of 198 companies participated in this year’s placement process, showcasing the wide range of career opportunities available to IIM Mumbai students.
Impressive Salary Packages
The compensation packages for graduates further highlight the success of this placement season. The top 10% of the batch received an impressive average salary of ₹47.5 lakh per annum. Meanwhile, the top 20% and the top 50% of students secured average packages of ₹41.2 lakh and ₹34.1 lakh, respectively.
Growth in Salary Offers
Overall, the salary packages reflected a positive trend, exhibiting an increase of nearly 5% compared to last year, underscoring the growing demand for graduates from IIM Mumbai.
Introduction of New Recruiters
This year marked the participation of over 40 first-time recruiters, enriching the diversity of job offers and creating fresh opportunities for the graduating class.
Top Recruiters
Leading the recruitment drive, Accenture extended 41 offers, with an attractive average package of ₹45.37 lakh per annum. PwC India and PwC US Advisory followed closely, offering 18 and 10 positions, respectively.
Contributing Companies
Additional contributors to the recruitment success included Alvarez & Marsal, OfBusiness, Praxis Global Alliance, Vodafone Idea, Workday, and ZS, reflecting a diverse array of industries involved in the placement process.
Curriculum Expansion and Industry Relevance
IIM Mumbai’s proactive approach in expanding its curriculum, particularly in fields such as digital transformation, artificial intelligence, and data analytics, has been pivotal in enhancing graduates’ readiness for the modern business landscape.
Sector-Specific Growth
The pharmaceuticals and healthcare sector witnessed an extraordinary increase of over 130% in job offers, while the retail and e-commerce sectors experienced a significant surge of 47.73% in placements.
Commitment to Education Excellence
Manoj Tiwari, the director of IIM Mumbai, attributed the institution’s success to its strategic transition and a dedicated focus on delivering future-ready education that fosters robust industry connections.
Strengthening Industry Ties
“Our commitment to maintaining and strengthening our position as a leading business school has been essential in equipping our students with the necessary skills to excel in the global job market,” said Tiwari.
Looking Ahead
The institute’s successful placement record reaffirms its reputation as a premier institution, dedicated to nurturing talent in response to evolving market demands.
Future Initiatives
IIM Mumbai plans to continue enhancing its curriculum and industry partnerships to ensure that its graduates remain competitive and prepared for future challenges.
Conclusion
The 100% placement achievement for the Class of 2025 is not just a statistic; it reflects the dedication and hard work of both the students and the faculty at IIM Mumbai. As the institute continues to prioritize excellence in education and industry integration, it sets a benchmark for other institutions in the field.
FAQs
- 1. What percentage of students at IIM Mumbai received job offers for the Class of 2025?
- 100% of the students received job offers during the placement process.
- 2. How many companies participated in the placement season for the Class of 2025?
- A total of 198 companies participated in the placement process.
- 3. What was the average salary offered to the top 10% of students?
- The top 10% of the batch received an average salary of ₹47.5 lakh per annum.
- 4. Which company was the top recruiter for the Class of 2025?
- Accenture was the top recruiter, extending 41 offers with an average package of ₹45.37 lakh per annum.
- 5. Which sectors experienced the most growth in job offers?
- The pharmaceuticals and healthcare sector saw a 130% increase, while the retail and e-commerce sector experienced a 47.73% increase in job offers.