IIM Placements 2024: Highest Salary Package & Top Recruiting Companies
The IIM placement process for MBA/PGP is conducted in December-February. IIM Ahmedabad, IIM Lucknow, IIM Indore and IIM Calcutta have released their placement data 2024. Get complete details of IIM placement process of all 21 IIMs, highest salary, average salary, top companies and job roles.
IIM placements for MBA programmes are conducted between December-February every year and the institutes release their final placements reports for the outgoing batch between January and July. The average salary package offered to candidates in top IIMs ranges from INR 20-25 lakh per annum, whereas the salary packages of the newer IIMs are usually recorded between INR 10-20 lakh per annum. In the past, the highest salary offers at the top IIMs - A, B, C have been recorded at INR 70 lakh to INR 1 crore as CTC. International salary packages offered are usually INR 70 lakh per annum and above.
Like every year, IIM placements 2024 witnessed participation of top companies like E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards & Protiviti, EXL, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, WIPRO, etc. visiting the IIM campuses for recruitment of management graduates in various job roles. A major drop in highest and average CTC was noted for most of the new and baby IIMs. There was no drop the salary offers in the top 6 IIMs. Read below all about IIM placements.
Q: Does IIM Udaipur offer 100% placements?
Q: What is the lowest package offered at IIM Nagpur?
The institute has not disclosed the lowest package. However, the median package has been released. The median package offered during IIM Nagpur MBA placements 2024 stood at INR 16 LPA. Further, a fluctuating trend was witnessed in the IIM Nagpur median package offered over the past three years of placements, which is presented below:
| Particulars | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) | MBA Placement Statistics (2024) |
|---|---|---|---|
| Median package | INR 15 LPA | INR 16.85 LPA | INR 16 LPA |
Q: What is the most popular job role offered during IIM Visakhapatnam placements?
Roles in the Analytics domain emerged as the top recruiting domain wherein 25% recruiters placed students during placement drive 2024. The role-wise companies visited during IIM Vizag PGP placements 2024 is presented below:
Roles | PGP Companies Visited (2024) |
|---|---|
Analytics | 25% |
Finance | 20% |
Marketing & Sales | 17% |
Strategy | 13% |
Consulting | 12% |
HR | 4% |
Operations | 4% |
Others | 5% |
The PGP/MBA graduates are offered various managerial roles in different sectors and domains. Function-wise most of the offers are for positions such as Consultant and Managers. In this article, you will find all the information related to IIM placements of all 21 campuses including IIM Ahmedabad, IIM Bangalore, IIM Calcutta and IIM Lucknow. IIMs are amongst the top MBA colleges in India and placement packages at IIMs is often a matter of great interest for MBA aspirants.
Also Read:
| IIM Ahmedabad Placements | IIM Bangalore Placements | IIM Calcutta Placements |
The placement process at IIMs comprises three major activities – namely Summer, Lateral and Final Placements.
| Activities | Timeline | Participants |
|---|---|---|
| Summer Placements | October/November | First-year students |
| Lateral Placements | January/February | Students having prior work experience |
| Final Placements | February/March | All graduating students |
Read about International placements at IIMs and other top B-schools
Summer Placements: The summer placements are organised in April-May for the firms to recruit students for internships. Summer placements also help in building a platform to receive pre-placement offers (PPOs). The summer placements happen over four to five days in the month of March. This process is guided by an elaborate set of rules for both students and recruiters.
Lateral Placements: The lateral placements at IIMs take place a couple of months before the final placements in which two-year MBA/PGP students with work experience (18 months and more) can participate.
Q: What is the placement package for IIM Indore BBA?
IIM Indore had concluded placements for the batch passing out in 2023. The placement statistics for IIM Indore IPM are the same as that of the IIM Indore PGP programme since in last two years of the five-year course, IPM students pursue PGP. The placement statistics from the 2020 report are as follows:
Particulars | IPM Statistics (2023) |
|---|---|
Batch strength | 568 |
Total recruiters | 160 |
the highest package | INR 114 LPA |
Average package | INR 30.21 LPA |
Median package | INR 27.20 LPA |
Q: What is the placement trend recorded during IIM Ahmedabad placements over the past three years?
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.
Final Placements: The final placement process which takes place in December-January is almost similar across all the IIMs except for a few minor deviations here and there. For example, IIM Ahmedabad follows the cohort-based system, instead of the day-based system. The cohort based system allows recruiters to assess students in groups based on domain or expertise over a longer period of time.
IIM Placements 2024: Highest/Average salary packages offered
The IIMs have witnessed rise highest packages and average salary offers this year.Take a look at the table below for the latest IIM placements reports.
| Name of IIM |
Highest CTC (INR) |
Average CTC (INR) |
|---|---|---|
| INR 1.46 CPA |
INR 34.45 LPA |
|
| NA |
INR 35.92 LPA |
|
| 1.20 CPA |
INR 35.07 LPA |
|
| INR 65.00 LPA |
INR 30.00 LPA ( for 2024) |
|
| INR 72.02 LPA |
INR 29.20 LPA |
|
| INR 1.00 CPA |
INR 25.68 LPA |
|
| INR 71.50 LPA |
INR 26.10 LPA |
|
| INR 48.25 LPA |
INR 19.27 LPA |
|
| INR 37.80 LPA |
INR 18.69 LPA |
|
| INR 67.60 LPA |
INR 21.04 LPA |
|
| INR 43.69 LPA |
INR 19.43 LPA |
|
| INR 37.00 LPA |
INR 18.10 LPA |
|
| INR 47.00 LPA |
INR 18.80 LPA |
|
| INR 38.40 LPA |
INR 16.29 LPA |
|
| INR 43.25 LPA |
INR 15.61 LPA |
|
| INR 32.50 LPA |
INR 13.09 LPA |
|
| INR 58.52 LPA |
INR 16.51 LPA |
|
| INR 64.12 LPA |
INR 14.45 LPA |
|
| INR 23.50 LPA |
INR 14.21 LPA |
|
| INR 31.75 LPA |
INR 15.48 LPA |
|
| INR 54.00 LPA |
INR 29.44 LPA |
IIM MBA Placements: Highest International Packages Offered
Placements record of any institute is very important for an aspirant. The placement provided by the B-school should be such that it provides a good kickstart to the candidate's career. The table below indicates highest CTC in the last few years, offered at some of the most prominent IIMs by global/international organisations.
| Name of the IIM |
Highest International CTC |
|---|---|
| IIM Ahmedabad | INR 1.46 CPA |
| INR 89.25 LPA |
|
| IIM Lucknow | INR 1.23 CPA |
| IIM Amritsar | INR 58. 52 LPA |
| IIM Kashipur | INR 48.50 LPA |
| INR 33.00 LPA |
|
| INR 59.36 LPA |
|
| INR 58.00 LPA |
| Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more. |
Check what current students and alumni have to say about IIM placements - Reviews of IIMs
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Comments
(2)
S
3 years ago
Yes, IIM Udaipur has a strong track record of placements for its MBA/PGDM courses. During IIM Udaipur placements 2024, the highest and average package (earning potential) offered to the MBA batch 2024 stood at INR 47 LPA and INR 18.8 LPA, respectively. The key highlights of IIM Udaipur placements for the Class of 2024 are presented below:
Particulars
Placement Statistics (2024)
Highest package
MBA: INR 47 LPA
MBA - GSCM: INR 39.37 LPA
MBA - DEM: INR 35.44 LPA
Average package
MBA: INR 18.8 LPA
MBA - GSCM: INR 22.37 LPA
MBA - DEM: INR 21.67 LPA
Median package
MBA - GSCM: INR 20 LPA
MBA - DEM: INR 20 LPA
No. of offers accepted
MBA: 291
MBA - GSCM: 49
MBA - DEM: 52
Companies visited
MBA: 108
MBA - GSCM: 23
MBA - DEM: 24
NOTE: The audited placement report for batch 2022-24 is yet to be released. It will updated here as and when released.
Now, take a look at the key highlights of the IIM Udaipur placements for the Class of 2023 in the table below:
Particulars
Placement Statistics (2023)
Highest package
MBA: INR 35.04 LPA
MBA - GSCM: INR 41.38 LPA
MBA - DEM: INR 34.07 LPA
Average package
MBA: INR 20.02 LPA
MBA - GSCM: INR 20.63 LPA
MBA - DEM: INR 21.47 LPA
Median package
MBA: INR 18.53 LPA
MBA - GSCM: INR 19 LPA
MBA - DEM: INR 21 LPA
Placement rate
100%
No. of offers accepted
MBA: 301
MBA - GSCM: 44
MBA - DEM: 46
Companies visited
MBA: 77
MBA - GSCM: 19
MBA - DEM: 21