New Delhi: Institute of Rural Management Anand (IRMA) has conducted its placements for the 2021-23 batch, by achieving 100% success rate with a 8% hike in the average salary package, which is close to INR 15.50 LPA.
This year, IRMA has completed final placements for the 42nd batch (2021-23) of its flagship Post Graduate Diploma in Management (Rural Management), where a total of 249 students bagged 399 offers from the topnotch recruiters.
According to the Assistant Professor Aashish Argade, IRMA has achieved 100% placements for the 2021–23 class. The variety of recruiters who took part in the placement process this year includes dairy cooperatives, banks, NBFCs, agribusinesses, consulting firms, and development sector organisations. Almost 42% of the class was hired by organisations in the BFSI sector, it was the main source for recruits.
IRMA PGDM (RM) Placement 2023: Key Highlights
| Particulars | Details |
|---|---|
| Name of the Placements | IRMA PGDM (RM) Placement 2023 |
| Conducting Body | IRMA |
| Programme Name | PGDM (RM) |
| Total Batch Size | 249 |
| Total students placed | 249 |
| Total Offers | 399 |
| Total PPOs | 41 |
| Highest Salary | INR 26.50 LPA |
| Average Salary | INR 15.50 LPA |
| Total No. of Recruiters | 49 |
| Total No. of New Recruiters | 30 |
| Top Recruiting Sector | BFSI with 42% students placed |
| Top Recruiters | GCMMF (Amul), ICICI Bank, Axis Bank, ICICI Bank, Reliance Retail, HDFC Bank, Vedanta CSR, NDDB among others |
IRMA PGDM (RM) Placements 2023: Key Trends
IRMA has a significant record of 100% placements with increasing packages every year. Tabulated below illustrates the key placement trends for the last 3 years.
| IRMA Placement Year | Average Salary (Rs. in lakhs) | Highest Salary (Rs. in Lakhs) |
|---|---|---|
| Placement 2023 | Rs.15.50 LPA | Rs.26.50 LPA |
| Placement 2022 | Rs.14.33 LPA | Rs.26.50 LPA |
| Placement 2021 | Rs.10.76 LPA | Rs.19 LPA |
IRMA PGDM (RM) Placement 2023: Top Recruiters
Prof Aashish Argade of IRMA said that a total of 90 companies expressed their willingness to participate in the placement process for the batch of 2021-23. However, only 49 companies participated in the campus placement, with 399 job offers being offered to 249 participating students.
Further, 30 new companies participated in the placement process this year. During the IRMA Placements 2023, marquee companies including ICICI Bank, Axis Bank, Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board among others participated. Tabulated below shows the top recruiters with the number of students placed with them in IRMA Placements 2023.
| Company | No. of IRMA Students Placed in 2023 |
|---|---|
| Gujarat Cooperative Milk Marketing Federation Ltd. | 20 |
| ICICI Bank | 18 |
| SarvaGram Fincare Pvt. Ltd. | 16 |
| Axis Bank | 14 |
| Reliance Retail | 13 |
| HDFC Bank | 12 |
| Vedanta CSR | 12 |
| National Dairy Development Board | 10 |
| Yubi | 10 |
| More Retail | 7 |
IRMA PGDM (RM) Placement 2023: Diverse Set of Recruiters
Top-notch recruiters from diverse sectors participated in the IRMA campus placement process including the dairy cooperatives, banks, NBFCs, agribusinesses, NGOs and public sector organisations.
IRMA PGDM (RM) Placement 2023: Diverse Roles Offered
The students were offered roles that were diverse ranging from sales and marketing, product development, product management, supply chain functions, international trade, strategy, project management and so on. Even product related roles were offered to the students in both finance as well as non-finance domains.
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