BIMTECH Achieved 97.07% Placement Record, HIghest Package of Rs 24 Lakh Per Annum

Birla Institute of Management Technology (BIMTECH), a premier B-school in India, has achieved outstanding placement results for the batch 2022-24, showcasing resilience amidst the MBA job market challenges. The institute recorded an impressive placement rate of 97.07%, securing placements for 464 students across international and national markets.

Placement Highlights:

• Overall Placement Rate: BIMTECH achieved a commendable placement rate of 97.07%.
• Highest International Package: The highest international package offered stood at INR 24.43 LPA.
• Average Package: The average package for the batch was INR 11.10 LPA.
• Program-wise Highest CTC:
  • PGDM: INR 22.00 LPA
  • PGDM (International Business): INR 22.00 LPA
  • PGDM (Retail Management): INR 24.43 LPA
  • PGDM (Insurance Business Management): INR 14.00 LPA

Recruitment Drive and Company Participation: The placement drive attracted participation from over 145 recruiters, including 39 new organizations from diverse sectors. Notable companies such as Landmark Group (Homecentre), Blackrock, EY India, Deloitte, Wipro Ltd., KPMG, Infosys, Make My Trip (MMT), and SBI General Insurance Co. Ltd. actively recruited from BIMTECH.

Roles Offered: Students were offered roles across various profiles including Senior Analyst, Business Analyst, Area Manager, Consultant, Management Trainee, Digital Demand Analyst, Research Associate, Associate Solution Advisor, Deputy Manager, and Business Development Manager, among others.

Sector-wise Distribution:

• Banking, Financial Services & Insurance (BFSI): 37%
• IT & ITES: 18%
• Consultancy: 15%
• Manufacturing: 9%
• FMCG/FMCD: 4%
• Retail: 4%
• Logistics: 2%
• Market Research: 1%
• Others (Media, Real-estate, Edutech, Telecom): 10%

Innovative Selection Process: This year, BIMTECH revamped its selection process, adopting a hybrid approach combining online and offline techniques. Methods included Occupational Personality Questionnaire (OPQ), case analysis using data and new-age tools, and guesstimate rounds to evaluate students' competencies effectively.

Academic Excellence and Accreditation: BIMTECH, guided by the visionary late Basant Kumar Birla, offers pioneering programs such as PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM). The institute holds a prestigious rank of 48th in the Management Category in NIRF-National Institutional Ranking Framework 2023 and is recognized as the 17th top private B-School in India by Business Today-MDRA Best B-Schools Ranking 2023. Recently, BIMTECH achieved AACSB accreditation, reinforcing its standing among top global B-Schools.

Conclusion: Dr. Prabina Rajib, Director of BIMTECH, expressed pride in the institute's consistent performance in placements and credited the robust corporate relations and tech-friendly academic programs for this success. BIMTECH continues to nurture future leaders equipped to excel in today's dynamic business environment.