IIM Raipur records 100% placements, highest CTC at Rs 67.60 lakh

As per the release, the median CTC was Rs 20 lakh per annum with an 18 per cent increase from last year. The top 10 per cent had an average of Rs 34.64 lakh per annum

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Indian Institute of Management (IIM Raipur) has secured 100 per cent placements and the average CTC stood at Rs 21.04 lakh per annum with a 19 per cent increase from the previous year. The highest CTC was Rs 67.60 lakh per annum with a 60 per cent increase from the previous year.

As per the release, the median CTC was Rs 20 lakh per annum with an 18 per cent increase from last year. The top 10 per cent had an average of Rs 34.64 lakh per annum, the top 25 per cent had Rs 28.25 lakh per annum and the top 50 per cent had Rs 24.77 lakh per annum as the average CTC.

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The highest number of students (32 per cent) were recruited in Banking Financial Service and Insurance (BFSI) sector with an average CTC and maximum CTC of Rs 21.02 lakh per annum and Rs 32.50 lakh per annum, respectively. IT/ITES was the second-highest (23 per cent) recruiting sector with Rs 21.29 lakh per annum as average and a maximum CTC offered at Rs 43.43 lakh per annum, followed by Strategy & Consulting(14 per cent recruited, Average of Rs 19.64 lakh per annum and Highest Rs 32.21 lakh per annum),

The summer internship placements also recorded new heights with an increase of 16 per cent in the average stipend which stood at Rs 1.39 lakh, and the highest stipend was Rs 3.50 lakhs. A total of 109 companies visited for summer placements, the institute claims.