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Kanpur, January 28, 2022: Adding on to the glorious saga of placement of IIT Kanpur in the first phase of placement in December last year, the MBA Programme under the Industrial & Management Engineering (IME) Department has recorded an astounding 100% placement for the outgoing batch of 2020-22. MBA IIT Kanpur received a total of 61 offers by 35 visiting companies for 55 students, in addition to the 11 pre-placement offers/interviews (PPO/PPI). This shatters all previous records set by the MBA Programme.
Congratulating the faculty and MBA students on the achievement, Prof. Abhay Karandikar, Director, IIT Kanpur said, “Our MBA Programme under the IME Department has been a pioneer in keeping up with the trends of the industry and in nurturing future leaders for the country. Our 2021 Placement Phase I had been very uplifting for the institute across sectors as we saw trust of recruiters pouring in terms of the exponential numbers we recorded. With the MBA Programme scoring a century, it just adds a feather on the cap. I congratulate the whole coordinating team along with the students and faculties for their relentless efforts in making this possible.”
MBA packages at IIT Kanpur traditionally had some of the highest multiples in terms of fee to CTC ratio and this year the program outdid itself and recorded a 1:9 average fees to CTC ratio highest anywhere in the country. The MBA Programme in spite of the pandemic also recorded a year-over-year (YoY) average CTC growth of 22.54%, breaking all their previous records and standing tall among the peer-group institutions.
The MBA Programme had recruiters from various sectors with 37% of the batch getting placed in the Analytics Domain, 24% in IT/Consulting, 20% in Marketing, 11% in Finance and 8% in Operations respectively. Some of the top recruiters this year were – Accenture Strategy, Morgan Stanley, Barclays, Axtria, Tiger Analytics, Juspay, IBM, Wells Fargo, Flipkart, Deloitte, Mastercard, Infosys, Dell, Berger, Digit, and so on. Some of the key roles offered were Technology Consultant, Product Manager, Senior Business Analyst, Financial Analyst, Supply Chain Manager, Associate Solution Advisor, Senior Data Analyst, etc.
The MBA Programme was incorporated into the IIT Kanpur eco-system in 2001 under the Industrial and Management Engineering (IME) Department. Since then, it has been vital in shaping future business leaders by continuously guiding them in keeping up with industry trends, business principles and the ethos governing the IIT Kanpur eco-system. MBA IIT Kanpur was ranked 16th in the NIRF India Rankings 2021: Management category. Over the years, IIT Kanpur’s MBA graduates have joined the ranks of Civil Services, and companies like Barclays, Tata Motors, Nomura, Amazon, CRISIL, Mu-Sigma, McKinsey, Reuters, HSBC, to name a few.
ABOUT IIT KANPUR: Indian Institute of Technology, Kanpur, is one of the premier institutions set up by the Government of India. Registered in 1959, the institute was assisted by nine leading institutions of the U.S.A in the setting up of its academic programs and laboratories during the period 1962-72. With its record of path-breaking innovations and cutting-edge research, the institute is known the world over as a learning center of repute in engineering, science, and several interdisciplinary areas. In addition to formal undergraduate and postgraduate courses, the institute has been active in research and development in areas of value to both industry and government.
For more information, visit: www.iitk.ac.in.