But don’t worry, we’ve got you covered! We will discuss the top MBA colleges in India based on their placement records in this article. So, take a seat and continue reading to discover the ideal college for you!Best MBA Colleges in World for Indian Students

MBA Placements 2023: A Comprehensive Analysis

The outcomes of the placement season in Top MBA Colleges in India based on Placement Records have mostly been incremental. While some institutes have seen substantial increases in average salary, others have seen only minor increases. Let’s take a closer look Top MBA Colleges in India based on Placement Records in 2023.

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Average Salary Increase: Moderate

On the other hand, schools such as SPJIMR, IIM Kozhikode, FMS Delhi, XLRI, and MDI on the list of Top MBA Colleges in India based on Placement Records have shown a 3 to 7 per cent rise in the average salary given to their students. While this is not as substantial as the increase seen in other institutes, it still indicates a positive trend in the job market.

Top Sectors for 2023 Placement Consulting, IT/Analytics, BFSI, E-Commerce, and Finance have emerged as the top sectors that recruiters favour in the MBA placement 2023. These sectors have provided the most job opportunities, and students from India’s top MBA colleges have been placed in significant numbers in these sectors.

Top Positions Available Consulting, Finance, Analytics, General Management, and Product Management are among the top positions available in MBA placements 2023. These positions are regarded as the most lucrative and promising in terms of job advancement and salary.

To help you make an informed decision, we have compiled a list of the Top MBA Colleges in India based on Placement Records.

 Here are the highlights of Top MBA Colleges in India based on Placement Records in brief.

1. IIM Calcutta

IIM Calcutta is on the first rank of the Top MBA Colleges in India based on Placement Records. Despite the pandemic, IIM Calcutta accomplished 100% placement for its largest-ever batch of 465 students. The average salary increased by 18% to an all-time high of Rs.34.20 LPA, with the consulting industry accounting for 49% of all recruitment. The best recruiters were Accenture Strategy, Boston Consulting Group, EY, Bain & Company, and HUL. II. FMS Delhi Final Placements 2022:

2. FMS Delhi

Moving on next to the Top MBA Colleges in India based on Placement Records is FMS Delhi also achieved 100% placement for its 257-student batch, despite the fact that the process was done virtually due to the pandemic. Accenture, Amazon, Bain & Co, BCG, ITC, Kearney, Microsoft, and Standard Chartered were among the best recruiters, with the average salary increasing by 24% to an all-time high of Rs.32.4 LPA. The number of offers in the BFSI sector increased by 24%, and 12 students chose placement holidays to pursue entrepreneurship.

 3. SPJIMR Mumbai

SPJIMR Mumbai concluded its final placements for the PGDM Class of 2022 in record time, with 70 marquee recruiters participating. The average annual salary for placements rose by 23% to Rs. 32.05 Lakhs, while the highest salary given increased by 14% to Rs. 53.16 LPA.

With a 38% share, consulting emerged as the top recruiting sector, and 52% of the batch got Pre-Placement Offers. (PPOs). Some of the top employers included KPMG, Accenture Strategy, Bain & Co., Boston Consulting Group, Amazon, P&G, Hindustan Unilever, and Deloitte

4. IIM Kozhikode

IIM Kozhikode secured 100% placements for the 2020-22 batch of 546 students in just three days is exceptional on our list of Top MBA Colleges in India based on Placement Records The average income rose 31.3% to Rs. 29.5 LPA, while the median salary rose 32.5% to Rs. 26.50 LPA. With a 41% share and a 58% increase in offers over the previous year, consulting was the largest recruiting industry.

116 companies, including 39 new recruiters, submitted a total of 571 offers. Some of the best recruiters included ABInBev, Accenture, Amazon, BCG, Capgemini, Citi Bank, Google, HUL, McKinsey, PwC, and RPG.

5.  JBIMS Mumbai

Next on the Top MBA Colleges in India based on Placement Records is JBIMS Mumbai completed 100% of its final placement season in 2022, with a 19% increase in the average salary given to its students.

The average income has risen to Rs.27.63 LPA from Rs.23.16 LPA the previous year, while the median salary has risen by 18.9% to Rs.26.49 LPA from Rs.22.28 LPA the previous year. Consulting had the highest number of proposals (39%), followed by BFSI and IB (36%). Among the top candidates were Accenture, Udaan, Colgate, D.E. Shaw, and PwC.

6. MDI Gurgaon

In the Top MBA Colleges in India based on Placement Records MDI Gurgaon has secured sixth position and achieved 100% placements for its final placement season in 2022, resulting in a 15% increase in the average salary given to its students. The average pay for PGDM and PGDM-IB is Rs.26.65 LPA, up from Rs.23.15 LPA last year, while the median salary is Rs.23.50 LPA, up from Rs.23 LPA last year.

The highest salary given in 2022 has increased by 159% from Rs.44 Lakhs last year to Rs.1.14 Crores. Among the top recruiters were Amazon, Deloitte, PwC, Cognizant, and ICICI Bank, with the IT & Operations domain offering the highest pay of Rs.1.14 Cr.

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7. SJMSOM IIT Bombay

Top MBA Colleges in India based on Placement Records have undoubtedly achieved 100 % placements continuing this SJMSOM – IIT Bombay has received 100% placements for its MBA Placement 2022, with an 18.1% increase in average pay given to candidates.

The average income has risen to Rs.25.93 LPA from Rs.21.96 LPA the previous year, and the highest pay given in placement 2022 has risen to Rs. 49 LPA from Rs.32 LPA the previous year.

Among the notable candidates were Accenture, JPMC, KPMG, Deloitte, PwC, and Amazon. With 28% placements, consulting was the top hiring industry, and IT/ITES was the top recruiting area with 40% placements. The batch’s average age was 24 years, and its average job experience was 23 months.

8. IIFT New Delhi

Next on the list of Top MBA Colleges in India based on Placement Records is the Indian Institute of Foreign Trade (IIFT) has finished final interviews for its MBA 2020-22 class with a 100% placement record in the list of Top MBA Colleges in India based on Placement Records. Despite a rise in batch size, the average bundle has grown by 19.35% to Rs.25.16 LPA from Rs.21.08 LPA last year.

The highest domestic salary was Rs.46.50 LPA, and the highest foreign income was Rs.80 LPA. The overall number of recruiters engaging in placements was 82, with finance emerging as the best recruiting area, giving 23% of the offers. Accenture Strategy, Deloitte Consulting, EY, Infosys, EXL, Mckinsey, Reliance, Godrej, Goldman Sachs, Google, Crisil, DE Shaw, HDFC Bank, and HSBC are among the top employers.

With the same flagship in Top MBA Colleges in India based on Placement Records IIM Indore has finished final placements for a big cohort of 572 students, with a 6% increase in average pay to Rs.25.01 LPA, up from Rs.23.6 LPA last year, and 100% placements. With a 31% share, consulting appeared as the most important hiring area. The average income of the batch’s top 100 students has risen to Rs.37.95 LPA from Rs.33 LPA last year, and the average salary of the batch’s top 200 students has increased to Rs.32.75 LPA.

The median income in Placement 2022 has increased by 6.6% to Rs.24.09 LPA, while the maximum compensation has increased to Rs.49 LPA from Rs.41.50 LPA the previous year. Placement 2022 featured 180 prominent recruiters from various industries and positions, including 30 first-time recruiters. 69% of the group is hired in consulting, finance, sales, and marketing. Accenture, Bajaj Auto, BMW, Cisco, L’Oreal, Marico, Samsung, Tata Steel, Titan, Whirlpool, and Xiaomi are among the top employers.

10. DMS-IIT Delhi

Among the Top MBA Colleges in India based on Placement Records, IIT Delhi’s Department of Management Studies (DMS) has placed all of its MBA 2020-22 students. This year’s average placement pay is Rs.21.9 LPA, an 18% rise over last year’s average salary of Rs.18.50 LPA. The highest salary given in placement 2022 is Rs.36.7 LPA, an 8% rise from the highest salary offered last year of Rs.33.80 LPA.

The batch’s median pay has also risen by 27% to Rs.20.6 LPA from Rs.16.20 LPA last year. Over 25% of students have put in the Sales & Marketing area, while 24% chose the Strategy and Consulting domain. Accenture, Bain & Company, Barclays, Capgemini, Deloitte, DE Shaw, EXL, KPMG, McKinsey & Company, and others are among the top candidates for this year’s positions at DMS-IIT Delhi.

Conclusion

Finally, the MBA hiring patterns in 2023 are mixed, with some schools outperforming others in terms of average pay given. However, the general employment market for MBA grads appears to be promising, with recruiters from a variety of industries interested in employing MBA graduates. As time passes, it will be fascinating to see how the job market develops and how MBA schools prepare their students to meet the industry’s changing demands.

Choosing the Top MBA Colleges in India based on Placement Records can be a critical decision for prospective management professionals. According to placement data, the best MBA schools in India provide an excellent platform for students to gain expertise in a variety of sectors and domains while advancing their jobs.

These institutions provide their grads with the necessary abilities and combination of their exceptional teachers, industry contacts, and placement records, these schools provide their graduates with the skills and knowledge required to flourish in today’s competitive job market. By enlisting Top MBA Colleges in India based on Placement Records students can not only acquire the knowledge and skills required for success, but they can also improve their odds of landing their ideal employment.

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The research will involve studying biomass from more than 10 states to develop a process for the production of high-quality biochar for steel applications such as coke making, sintering, and sponge iron production.

IIT Dhanbad & Sentra.World Partner to Develop Biochar for Decarbonising Steel Production

The Indian Institute of Technology (IIT) Dhanbad and sentra.world have collaborated to undertake research initiatives focused on the decarbonisation of steel manufacturing processes. According to sentra.world, in a statement made on Thursday, the partnership focuses on the use of biochar as an environmentally friendly alternative for coal in the manufacturing process.

Biochar is the black carbon produced from biomass sources, which include agricultural waste products among others. The research shall entail characterizing biomass from more than 10 states and developing conversion processes to produce high-quality biochar that is suitable for all steel applications like coke making, sintering, sponge iron production etc., added Aayush Raj Sinha, Business Head, at sentra.world.

The initial target is to use about 720 metric tonnes of surplus biomass available across the country, including agricultural residues like parali, or rice husk, he said. The contribution of India’s domestic steel industry to total greenhouse gas emissions is reportedly 8-12 per cent and 8 per cent globally. The government has been requesting research institutes and companies to conduct R&D activities aimed at decarbonising the steel industry and using waste substances in steel-making processes. Bengaluru-based sentra.world works on developing carbon management practices for the steel sector.

Conclusion

The partnership between IIT Dhanbad and sentra.world marks a significant step toward a sustainable future for the steel industry. Leveraging biochar as an eco-friendly alternative to coal, this research initiative aims to decarbonize steel production, therefore reducing greenhouse gas emissions, as part of efforts toward greener industrial practices in India. Collaboration not only showcases the potential of innovative research but also underlines the necessity of integrating environmental sustainability into industrial processes.