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:   What is the stipend for FPM in MDI Gurgaon?

A:

The institute offers one of the best financial stipends to PhD scholars. Apart from the stipend, a total contingency grant of INR 80,000 and a conference grant of a total INR 2,50,000 shall also be provided to FPM scholars to support their fieldwork, books purchase, research paper presentations etc. Moreover, MDI Gurgaon offers scholarships to FPM candidates for a maximum of four-year to non-MBA candidates and three-year to MBA candidates. The scholarship amount is INR 60,000 per month.

Q:   What is the placement package for IIM Indore BBA?

A:

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:   Which stream offers the best package in IIM Calcutta?

A:

As per the external sources, the highest number of students were placed in the Consulting sector during IIM Calcutta placements 2024. The sector-wise placements of IIM Calcutta for the batch 2024 are tabulated below: 

Sector

Total Students Placed

Placement Percentage

Consulting

167

31.60%

Finance

114

21.50%

Technology

88

16.60%

Marketing & General Management

130

24.60%

NoteThe above-mentioned data is taken from unofficial online source. It may vary once the final placement report is out.

Earlier, Consulting sector also emerged as the top recruiting that made 40.5% of the total offers during IIM Calcutta placements 2023. The sector-wise offers distribution during IIM Calcutta MBA placements 2023 is presented below:

The sector-wise offers distribution during IIM Calcutta placements 2023 is presented below:  

Sectors

MBA Offers Distribution (2023)

Consulting

40.5%

Product & Analytics

18.2%

Finance

15%

General Management

14.3%

Sales & Marketing

9%

Strategy & Ops

3%

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:   Which was the top sector during MDI Murshidabad summer internships?

A:

A large share of offers were made in the BFSI sector with a 27.10% share. The snip given below showcases the sector-wise distribution of MDI Murshidabad summer internships 2023-25:

MDI Murshidabad internships
Source: Official SIP Report

NOTE: The sectors involved in the 'Others' category are not disclosed.

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 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:   What is the salary of an MBA after graduating from IIFT Delhi?

A:

A total of 108 companies visited the campus during the Indian Institute of Foreign Trade MBA IB placements for 2023. The highest domestic package offered to MBA IB students for 2022 was INR 76.5 LPA and the highest international package offered to MBA IB students for 2023 was INR 85.4 LPA. The average package offered during Indian Institute of Foreign Trade MBA IB placements 2023 stood at INR 29.1 LPA. Additionally, the median package offered stood at INR 26.5 LPA.

Q:   Does IIM Calcutta offer placement assistance to Executive MBA students?

A:

Yes, IIM Kolkata facilitates placements support to Executive MBA candidates. Many top recruiters from sectors, including Information Technology, Manufacturing, Telecom, Banking, participate in the placement drive. Moreover, some of the top recruiters that made offers were EY GDS, Infosys, HSBC, Accenture, and BCG. For updates and more details about IIM Calcutta Placements, Click Here.

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