New Delhi: Birla Institute of Management Technology (BIMTECH) has recorded a 100% placement record for its flagship management programmes of PGDM, PGDM International Business, PGDM Retail Management, and PGDM Insurance Business Management program for the session 2022-23.
As per BIMTECH, the institute has recorded an increase of 20% in its average salary package as compared to last year's data. The highest package offered to the graduating students stood at INR 23.43 lakh per annum for the placement session 2022-23.
The industries of banking, financial services and insurance (BFSI), as well as consulting, hired the most students, with 36% and 24% of all offers coming from each, respectively. The BFSI, Information Technology (IT), and Consulting industries collectively hired 60–70% of BIMTECH students, as per the data.
In addition to this, the manufacturing, FMCG or CD, and retail industries came next, accounting for 20–25% of all employment offers. There have also been a lot more financial or insurance startups making offers to businesses that took part in BIMTECH Placements 2022, including Digit, Zopper, and Darwin Box.
Talking about placement record, H Chaturvedi, Director, BIMTECH said, “Along with quality education, rankings and top accreditations, placement has been a strong part of BIMTECH legacy".
"A constant increase in average packages is clearly visible. In the batch of 2019-21, an increase of 16 per cent was recorded vis a vis batch 2018-20. Similarly, the batch 2020-22 and the batch 2021-23 witnessed a growth of 18 per cent and 20 per cent respectively, in comparison to previous batches", he added.
Also Read:
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- IMT Ghaziabad Placement 2022: Highest Package Received of INR 65.6 LPA
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