IIM Tiruchirappalli Student Gets Rs.41.6 LPA Salary in Placements 2023: PGPM Average Salary Up by 20% at Rs.20.55 LPA; PGP- HR Batch also Registers Buoyant Placements

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Updated on April 18, 2023
IIM Tiruchirappalli 2021-23 batch has registered 22% rise in highest salary of Rs.41.61 LPA in final placement 2023. The PGPM average salary has gone up by 20% at Rs.20.55 LPA, while PGP-HR average salary has gone up by 18% at Rs.15.82 LPA. IIM Trichy has registered 49% increase in number of PPOs offered in placement 2023. 266 offers were made by 172 companies that participated in Placement from across various domains. Accenture, Amazon, Bain & Co., Cognizant, Deloitte, Adani, Yes Bank were among top recruiters
IIM Tiruchirappalli Placement 2023

IIM Tiruchirappalli has completed placement for its MBA (PGPM) 2021-23 batch with 20% rise in average salary that has gone up at Rs.20.55 LPA from Rs.17.01 LPA Last year and has also completed placement 2023 for the second PGP-HR 2021-23 batch with 18% rise in average salary which has gone up at Rs.15.82 LPA from of Rs.13.35 LPA last year. Highest salary in IIM Trichy placements 2023 has set a new record with 22% increase at Rs.41.61 LPA. There has been an increase of 49% in the PPOs offered to the students.

IIM Trichy has continuously strived to shape the students into world class leaders. The placement of outgoing batch of 2021-23 is a confirmation to this fact. On successful completion of placements 2023, Dr. Pawan Kumar Singh, Director, IIM Tiruchirappalli said “We are extremely delighted to announce that our campus witnessed one of the best placement seasons wherein 99% of the batch was placed by the month of December. A total of 172 industry associations made 266 offers for PGPM in the fields of Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and 24 offers for PGPM-HR. This year, the highest and average CTC stood at 41.61 LPA and 20.55 LPA, respectively for PGPM. Further, the campus also witnessed 49% increase in the number of PPO's offered, a true testament to students' potential at IIM Tiruchirappalli.” 

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IIM Trichy Placement 2023: Highlights
100% Placement for the large 11th batch of PGPM and second batch of PGPM-HR. Key highlights for IIM Trichy Placements 2023 for Post Graduate Program in Management (PGPM '23) & Post Graduate Program in Management - Human Resources (PGPM-HR '23) are shared below:

IIM Tiruchirappalli PGPM Placements 2023: Highlights

  • Batch Size: 246 Students
  • 20% rise in PGPM Average Salary which has gone up at Rs.20.55 LPA in 2023 from Rs.17.01 LPA last year
  • 22% Rise in Highest salary which has gone up at Rs.41.61 LPA in 2023 from Rs.34 LPA last year
  • PGPM Median Salary has gone up by 22% at Rs.19.50 LPA in 2023
  • A total of 172 Companies made 266 offers for PGPM students in the fields of Sales & Marketing, Finance, Consulting, IT & Analytics, Operations
  • 49% Increase in PPOs offered
  • Average Salary for Top 10% Batch up at Rs.34.54 LPA
  • Average Salary for Top 25% Batch up at Rs.28.58 LPA
  • IT & Analytics emerged as top domain with Highest Salary of Rs.41.61 LPA
  • Operations emerged as the top domain with highest average salary of Rs.24.90 LPA with 49% increase
  • Top Recruiters included ABFRL, Accenture, Amazon, Bain & Co., BNY Mellon, Cognizant, Deloitte, GAIL, HSBC, ICICI, JP Morgan & Chase, McKinsey, Microsoft, Samsung, Ultratech, Wells Fargo, Yes Bank among others

IIM Tiruchirappalli PGP-HR Placements 2023: Highlights

  • Average Salary for 2nd PGPM-HR batch goes up by 18% at Rs.15.82 LPA from Rs.13.35 LPA last year
  • Highest Salary for 2nd PGPM-HR Batch goes up by 25% at Rs.22 LPA from Rs.17.6 lakhs last year
  • Median Salary goes up at Rs.16 LPA
  • Batch Size: 29 Students
  • Average Salary for Top 25% batch goes up at Rs.19.18 LPA in Placement 2023
  • Roles offered to the students included HR Consultant, HRT Analyst, Management Trainee, HR, Recruitment Manager, Associate-Talent Engagement, Associate – L&D, Associate - Organization Development, People Operations
  • Top Recruiters include Aditya Birla Capital, Accenture, Amway, Capgemini, Deloitte, GAIL, HP, IndiGo, L&T, Morgan Stanley, Tata AIG, Ultratech among others

IIM Trichy Placement Trends and Analysis
Making its mark among the top B Schools by completing placements for 11th PGPM Batch and second PGPM-HR batch, IIM Tiruchirappalli witnessed 172 companies participating in placement process 2023 and making 266 offers to the students across various domains of Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and HR. IIM Trichy attracted diverse roles across segments such as IT & Analytics, Operations, Consulting and Finance reflecting the trust of recruiters in the institute. The placement season 2023 touched new heights surpassing the industry expectations. Analysis of PGPM placement trends shared below reflects the increase in placement compensation at IIM Trichy:

IIM Trichy Placement year
Average Salary (Rs.in Lakhs)
Highest Salary (Rs. in Lakhs)
2023
20.55
41.61
2022
17.01
34.00
2021
14.85
30.00
2020
14.96
25.00
2019
14.91
35.15
2018
14.28
31.70
2017
13.30
33.00
2016
13.01
23.81

Top Recruiters
IIM Tiruchirappalli Placement 2023 saw participation from 172 companies making 266 offers.

Apart from regular recruiters like ABFRL, Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant, Deloitte, GAIL, HSBC, ICICI, Infosys Consulting, JP Morgan & Chase, McKinsey & Co, Microsoft, MTR, Morgan Stanley, NatWest, Samsung, ServiceNow, SysCloud, TATA AIG, Ultratech, Wells Fargo, Yes Bank, and many more, IIM Trichy also witnessed New recruiters including Adani group, Aliens Group, Aon Hewitt, BMW, Carlsberg, Cummins, Landmark Group, Michael Page, More Retail, MPL, Navi, Piramal, Tekion Corp., Trukker among others.

IIM Tiruchirappalli

Batch Size Triples in Few Years
IIM Trichy has a consistent record of excellent placement. The batch size of the flagship 2 year Post Graduate Programme in Management leading to award of MBA degree at this highly ranked B school has increased tremendously since 2013.

Batch Year
Batch Size
Average Salary (Rs. in Lakhs)
2021-23
246
20.55
2020-22
233
17.01
2019-21
218
14.85
2018-20
178
14.96
2017-19
172
14.91
2016-18
176
14.28
2015-17
108
13.30
2014-16
102
13.01
2013-15
  80
11.32

IIM Trichy PGPM 2021-23 Batch Profile: Key HIghlights
IIM Trichy has a diverse 2021-23 batch of 246 PGPM students and 29 PGP-HR students with good gender diversity, academic diversity and average experience of the batch going in the range of about 2 years. Key batch highlights are given below:

PGPM Academic Diversity

Academic Discipline
Percentage of Students in the Batch
Engineering
57%
Commerce
28%
Arts & Science
11%
Others
  4%

Work Experience

  • 42% Batch has Work Experience of less than 12 Months
  • 23% Batch has Work Experience between 12 to 23 Months
  • 26% Batch has Work Experience between 24 to 35 Months
  • 7% Batch has Work Experience between 35 to 47 Months
  • 2% Batch has Work Experience of 48 Months & above
  • The students have a work experience in the fields of Sales & Marketing, IT & ITES, Operations, Finance among others. 

IIM Trichy Domain Wise Placements 2023
Coveted profiles and roles across various domains were offered to the students in the areas of Sales & Marketing, Finance, General Management, Strategy, Consulting, Operations, and HR. IIM Trichy Domain Wise Placements for the 2021-23 batch at a glance with highest and average salary are as below:

IIM Trichy Domain Wise Placements 2023

The strong performance in a turbulent year is an indication of IIM Trichy’s commitment to academic excellence and the active role it plays in shaping the world of management.  IIM Tiruchirappalli (Trichy), the 11th IIM in the country started functioning in 2011. One of the highly ranked B-schools, IIM Trichy is led by Dr Pawan Kumar Singh as its Director who has set an aim to create socially sensitive, value-driven corporate leaders. The institute focuses on developing competent professionals for the industry. The PGPM and PGPM-HR programmes of IIM Trichy are instrumental in achievement of this goal. IIM Trichy takes care in ensuring an optimal student-teacher ratio to encourage better learning and to impart appropriate guidance.

Stay tuned to MBAUniverse.com for more updates on IIM Tiruchirappalli