Top domestic salary at IIM Nagpur placements doubles to Rs 40 lakh

Average pay, however, was up a marginal 6%; over 50 recruiters participated, 36 of whom were first time

Highest domestic salary offered at the Indian Institute of Management (IIM), Nagpur, doubled to Rs 40 lakh year, as the B-school completed the final placement process for its flagship Post Graduate Programme in Management (PGP) batch of 2018-20. Last year, the highest domestic salary package that the institute had attracted was Rs 20 lakh.

The average pay package, however, increased only marginally by six per cent to Rs 13.10 lakh this year, from Rs 12.35 lakh a year in the previous batch. Average pay offered for the top five per cent and 10 per cent of the batch stood at Rs