IIM International Placements: Check Highest International Salary Packages of IIMs
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?
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?
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: How are MBA placements at IIM Bangalore?
The key highlights of IIM Bangalore placements 2024 as compared with placements 2023 and 2022 for the PGP and PGPBA programme are 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.
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* |
---|---|
INR 1.46 CPA |
|
INR 89.25 LPA |
|
INR 1.23 CPA |
|
INR 58. 52 LPA |
|
INR 48.50 LPA |
|
INR 33.00 LPA |
|
INR 59.36 LPA |
|
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: How are the summer placements at IIM Indore?
IIM Indore has released the PGP and IPM summer placement report for 2023-25 batch. The highest and average stipend offered was INR 6.6 lakh, INR 2.25 LPA, respectively. The table below showcases stipends offered to PGP and IPM students during IIM Indore summer placements:
Particulars | Statistics (Batch 2023) | Statistics (Batch 2024) | Statistics (Batch 2025) |
---|---|---|---|
Highest | INR 4 lakh | INR 6 lakh | INR 6.6 lakh |
Average | INR 2 lakh | INR 2.74 lakh | INR 2.25 lakh |
Median | INR 2 lakh | INR 2.7 lakh | INR 2.12 lakh |
Top 100 average stipend | INR 3.10 lakh | INR 4.22 lakh | INR 3.97 lakh |
Top 200 average stipend | INR 2.75 lakh | INR 3.86 lakh | INR 3.49 lakh |
Q: Who can write recommendations for a candidate applying for IIM Calcutta PhD course?
It is mandatory to submit a letter of recommendation. For students, the recommendations are usually accepted by faculty members from the last attended institute. In addition, for working professionals, a superior of candidate can write a recommendation letter. It could be someone, who can elaborate on the candidate's research capabilities. The recommendation letter must be submitted on time along with the application for selection.
Q: What is the batch size of IIMB EPGP?
The 2023 batch profile of IIM Bangalore Executive MBA course consists a total of 75 students out of which 66 are male and the rest are female candidates. The average work experience of the IIM Bangalore EPGP 2023 batch is 7 years, with a maximum experience of 11 years and minimum of 5 years. Additionally, 15 out of 75 students have an International experience.
The average GMAT score of IIMB EPGP 2023 batch was 694, 760 being the highest and 620 the lowest.
Q: Which stream offers the best package in IIM Calcutta?
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% |
Note: The 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% |
Q: Which was the top sector during MDI Murshidabad summer internships?
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:
NOTE: The sectors involved in the 'Others' category are not disclosed.
Name of IIM |
Highest Salary* |
Average Salary* |
---|---|---|
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 |
*The salary figures mentioned in the table are as per the latest placement data avaiable.
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