IIM International Placements: Check Highest International Salary Packages of IIMs

IIM International Placements: Check Highest International Salary Packages of IIMs

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Vipra
Vipra Shrivastava
Senior Manager - Content
Updated on Oct 23, 2024 18:30 IST
IIMs are the leading B-Schools in India for not only domestic placements but also international hiring. Read here salaries offered in IIM international placemrents and more.

Every year, B-school placement reports throw up interesting data viz. MBA students and on-campus job offers. The main purpose of campus placement process is to introduce the best of talent to the best of recruiters in India and abroad. The Indian Institute of Management (IIM) leads among Indian B-Schools for international placements. Out of its 21 campuses, about 8-10 campuses record overseas hiring every year of full-time MBA students. Foreign placements in IIMs bring to the candidates, salary packages between INR 55 lakh to over 1 crore per annum.  

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Trends of the past few years reveal that most of the international hiring takes place in Consulting followed by Finance. Some of the companies that head to India every year for recruitments are Roland Berger, Deutsche Bank, Modelez, Goldman Sachs, Bain and Company, Alvarez and Marshal, Bain & Company, Anheuser-Busch InBev, BCG, MH Alshaya, AT Kearney, BCG, Mckinsey, Bank of America, Morgan Stanley, Credit Suisse, American Express, Citi Bank, Edelweiss, Blackrock, etc.

Although overseas recruitments are currently low in number and restricted to only the top IIMs and couple of other top B-schools, the trend is growing year on year. Despite a few years of COVID 19 pandemic and economic slowdown, IIM foreign placements are looking up.

Q:   Does IIM Bangalore offer 100% placements?

A:

Refer the below table for IIM Bangalore PGP batch placement statistics 2024 as compared with 2023 and 2022:

Particulars

PGP + PGPBA Placement Statistics (2022)

PGP + PGPBA Placement Statistics (2023)

PGP + PGPBA Placement Statistics (2024)

PPOs made / accepted

273 / 181

291 / 209

247 / 203

Lateral placement offers made / accepted

180 / 127

94 / 82

83 / 71

International offers

6

14

29

Students opting out of placements

11

NA

1

Total students

524

512

517

Note: The mean package is considered to be the average package.

Further, the batch placement statistics over the past three years during EPGP placements is presented below:

Particulars

EPGP Placement Statistics (2022)

EPGP Placement Statistics (2023)

EPGP Placement Statistics (2024)

Companies visited

30

27

29

Total offers

71

70

70

Students opted out

1

2

2

Class size

75

75

75

Q:   What has been the placement trend at IIM Bangalore over the past few years?

A:

The placement trend witnessed during IIM Bangalore PGP placements over the past three years is presented below:

Particulars

PGP + PGPBA Placement Statistics (2022)

PGP + PGPBA Placement Statistics (2023)

PGP + PGPBA Placement Statistics (2024)

Average package

INR 33.82 LPA

INR 35.31 LPA

INR 35.92 LPA 

Median package

INR 31.20 LPA

INR 33 LPA

INR 32.5 LPA

Offers made

662

606

572

Companies visited

137

164

163

PPOs made / accepted

273 / 181

291 / 209

247 / 203

Lateral placement offers made / accepted

180 / 127

94 / 82

83 / 71

International offers

6

14

29

Students opting out of placements

11

NA

1

Total students

524

512

517

Note: The mean package is considered to be the average package.

Further, the placement trend recorded during IIM Bangalore EPGP placements over the past three years is presented below:

Particulars

EPGP Placement Statistics (2022)

EPGP Placement Statistics (2023)

EPGP Placement Statistics (2024)

Average package

INR 30.9 LPA

INR 33.07 LPA

INR 34.33 LPA

Median package

INR 30 LPA

INR 32.21 LPA

INR 33 LPA

Companies visited

30

27

29

Total offers

71

70

70

Students opted out

1

2

2

Class size

75

75

75

Q:   What is the success rate of campus placements at IIM Ahmedabad?

A:

The key highlights of IIM Ahmedabad placements over the past three years for PGP, PGP FABM and PGPX programs are presented below:

Particulars

PGP Placement Statistics (2021)

PGP Placement Statistics (2022)

PGP Placement Statistics (2023)

Highest package

INR 55 LPA

INR 61.48 LPA

INR 146 LPA

Average package

INR 27.54 LPA

INR 32.79 LPA

INR 34.45 LPA

Median package

INR 27.6 LPA

INR 31.49 LPA

INR 31.58 LPA

Lowest package

INR 11 LPA

INR 17.5 LPA

INR 18.05 LPA

Roles offered

170

220

280

Offers accepted

374

382

385

Students placed

374

382

385

Students opted out

14

3

4

Companies visited

131

190

188

Particulars

PGP FABM Placement Statistics (2021)

PGP FABM Placement Statistics (2022)

PGP FABM Placement Statistics (2023)

Highest package

INR 27.82 LPA

INR 33.83 LPA

INR 33.39 LPA

Average package

INR 17.79 LPA

INR 21.49 LPA

INR 20.11 LPA

Median package

INR 16.84 LPA

INR 20 LPA

INR 20 LPA

Lowest package

INR 12 LPA

INR 12.85 LPA

INR 14.97 LPA

Companies visited

30

56

32

Offers accepted / Students placed

44

47

46

Eligible students

45

48

47

Students opted out

1

1

1

Students not placed

0

0

0

Particulars

PGPX Placement Statistics (2022)

PGPX Placement Statistics (2023)

PGPX Placement Statistics (2024)

Highest package

INR 75.2 LPA

INR 108 LPA

INR 54.8 LPA

Average package

INR 38.64 LPA

INR 35.68 LPA

INR 36.41 LPA

Median package

INR 36.25 LPA

INR 33.05 LPA

INR 35 LPA

Lowest package

INR 25.5 LPA

INR 18 LPA

INR 21.46 LPA

Offers made

172

178

150

Offers accepted

119

128

121

 

IIM International Placements: Highest Salary Package

In the last few years, international offers have dwindled, due to global slowdown and other external factors. However, some of the IIMs have recorded abroad placements in the last two years. Here’s looking at the highest international package of IIMs, offered to students of full-time 2-year MBA programme.

Institute

Highest international salary*

IIM Ahmedabad

INR 1.46 CPA

IIM Indore

INR 89.25 LPA

IIM Lucknow

INR 1.23 CPA

IIM Amritsar

INR 58. 52 LPA

IIM Kashipur

INR 48.50 LPA

IIM Udaipur

INR 33.00 LPA

IIM Ranchi

INR 59.36 LPA

IIM Sambalpur

INR 58.00 LPA

*The salary figures mentioned in the table are as per the latest placement data avaiable. 

But there is a catch!

If you notice, IIM international placements salary (highest) offers are almost at par with the domestic (highest) offers made, thus there is a narrow gap between the two. Given the currency conversion rate and cost of living abroad, the international salary package (maximum earning potential and salary break up) look rather less attractive. However, global experience and exposure make IIM foreign placements attractive enough to explore the opportunity.

Also Read: IIM Placements - Highest Salary Package & Top Recruiting Companies  

Domestic Salary Packages of IIMs

Check here domestic MBA placement and salary data for a comparison with IIM abroad placement.

Q:   What is the career scope after completing the MBA programme at FMS Delhi?

A:

A wide range of job prospects, including positions in the corporate sector, entrepreneurship, government and public sector, non-profit organisations, and finance and banking, are made available to graduates of the FMS Delhi MBA programme. Graduates may also consider professions in academia, research, foreign markets, specialised industries, or management consulting.

Q:   What is the salary package offered during IIM Bangalore placement drive?

A:

The course-wise average and median package offered over the past three years during IIM Bangalore placements is presented below:

Particulars

PGP + PGPBA Placement Statistics (2022)

PGP + PGPBA Placement Statistics (2023)

PGP + PGPBA Placement Statistics (2024)

Average package

INR 33.82 LPA

INR 35.31 LPA

INR 35.92 LPA 

Median package

INR 31.20 LPA

INR 33 LPA

INR 32.5 LPA

Particulars

EPGP Placement Statistics (2022)

EPGP Placement Statistics (2023)

EPGP Placement Statistics (2024)

Average package

INR 30.9 LPA

INR 33.07 LPA

INR 34.33 LPA

Median package

INR 30 LPA

INR 32.21 LPA

INR 33 LPA

Q:   Does IIM Ahmedabad have 100% placements?

A:

The batch placement record for PGP, PGP FABM and PGPX programs in recent past is presented below:

Particulars

PGP Placement Statistics (2021)

PGP Placement Statistics (2022)

PGP Placement Statistics (2023)

Roles offered

170

220

280

Offers accepted

374

382

385

Students placed

374

382

385

Students opted out

14

3

4

Companies visited

131

190

188

Particulars

PGP FABM Placement Statistics (2021)

PGP FABM Placement Statistics (2022)

PGP FABM Placement Statistics (2023)

Companies visited

30

56

32

Offers accepted / Students placed

44

47

46

Eligible students

45

48

47

Students opted out

1

1

1

Students not placed

0

0

0

Particulars

PGPX Placement Statistics (2022)

PGPX Placement Statistics (2023)

PGPX Placement Statistics (2024)

Offers made

172

178

150

Offers accepted

119

128

121

 

Q:   What is the placement trend recorded during IIM Ahmedabad placements over the past three years?

A:

The key highlights of PGPX placements 2024 as compared with previous two years are presented below:

Particulars

PGPX Placement Statistics (2022)

PGPX Placement Statistics (2023)

PGPX Placement Statistics (2024)

Highest package

INR 75.2 LPA

INR 1.08 CPA

INR 54.8 LPA

Average package

INR 38.64 LPA

INR 35.68 LPA

INR 36.41 LPA

Median package

INR 36.25 LPA

INR 33.05 LPA

INR 35 LPA

Lowest package

INR 25.50 LPA

INR 18 LPA

INR 21.46 LPA

Offers made

172

178

150+

Offers accepted

119

128

121

Eligible students

136

140

147

Participating students

121

130

121

Students opted out

15

10

21

Students not placed

2

2

5

Earlier, the key highlights of PGP and PGP FABM placements over the past three years are presented below:

Particulars

PGP Placement Statistics (2021)

PGP Placement Statistics (2022)

PGP Placement Statistics (2023)

Highest package

INR 55 LPA

INR 61.48 LPA

INR 1.46 crore per annum

Average package

INR 27.54 LPA

INR 32.79 LPA

INR 34.45 LPA

Median package

INR 27.60 LPA

INR 31.49 LPA

INR 31.58 LPA

Lowest package

INR 11 LPA

INR 17.50 LPA

INR 18.05 LPA

Companies visited

131

190

188

Roles offered

170

Around 220

Around 280

Offers accepted / Students Placed

374

382

385

Eligible students

388

382

389

Students opted out

14

3

4

Particulars

PGP FABM Placement Statistics (2021)

PGP-FABM Placement Statistics (2022)

PGP FABM Placement Statistics (2023)

Highest package

INR 27.82 LPA

INR 33.83 LPA

INR 33.39 LPA

Average package

INR 17.79 LPA

INR 21.49 LPA

INR 20.11 LPA 

Median package

INR 16.84 LPA

INR 20 LPA

INR 20 LPA 

Lowest package

INR 12 LPA

INR 12.85 LPA

INR 14.97 LPA 

Companies visited

30

56

32

Offers accepted / Students placed

44

47

46

Eligible students

45

48

47

Students opted out

1

1

1

Students not placed

0

0

0

Note: The mean package is considered as the average package in the above-mentioned table. Further, the Maximum Earning Potential is considered for the salary packages shown above.

Q:   Does IIM Calcutta offer 100% placements to MBA students?

A:

Yes, IIM Calcutta has a track record of 100% placements to its MBA students in the past three years. The key highlights of IIM Calcutta placements for the MBA Class of 2022, 2023 and 2024 are presented in the table below:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

the highest package

NA

INR 94.82 LPA (International)

INR 1.15 crore per annum (Domestic)

INR 1.2 crore per annum 

Average package

INR 34.20 LPA

INR 35.07 LPA

NA

Median package

INR 31.00 LPA

INR 33.67 LPA

NA

Offers made

631

573

529

Companies visited

190+

190

194

Placement rate

100%

100%

100%

Batch size

465

465

464

Note: The above-mentioned placement details for 2024 are taken from the media reports. These may vary once the final IIM Calcutta placement report 2024 is out.

Name of IIM

Highest Salary*

Average Salary*

IIM Ahmedabad

INR 1.46 CPA

INR 34.45 LPA

IIM Bangalore

NA

INR 35.92 LPA

IIM Calcutta

1.20 CPA

INR 35.07 LPA

IIM Lucknow

INR 65.00 LPA

INR 30.00 LPA ( for 2024)

IIM Kozhikode

INR 72.02 LPA

INR 29.20 LPA

IIM Indore

INR 1.00 CPA

INR 25.68 LPA

IIM Shillong

INR 71.50 LPA

INR 26.10 LPA

IIM Rohtak

INR 48.25 LPA

INR 19.27 LPA

IIM Ranchi

INR 37.80 LPA

INR 18.69 LPA 

IIM Raipur

INR 67.60 LPA

INR 21.04 LPA

IIM Tiruchirappalli

INR 43.69 LPA

INR 19.43 LPA

IIM Kashipur

INR 37.00 LPA

INR 18.10 LPA

IIM Udaipur

INR 47.00 LPA

INR 18.80 LPA

IIM Nagpur

INR 38.40 LPA

INR 16.29 LPA

IIM Vishakhapatnam

INR 43.25 LPA

INR 15.61 LPA

IIM Bodh Gaya

INR 32.50 LPA

INR 13.09 LPA

IIM Amritsar

INR 58.52 LPA

INR 16.51 LPA

IIM Sirmaur

INR 64.12 LPA

INR 14.45 LPA

IIM Sambalpur

INR 23.50 LPA

INR 14.21 LPA

IIM Jammu

INR 31.75 LPA

INR 15.48 LPA

IIM Mumbai

INR 54.00 LPA

INR 29.44 LPA

*The salary figures mentioned in the table are as per the latest placement data avaiable.

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About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio