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:   How are MBA placements at IIM Bangalore?

A:

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*

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:   How are the summer placements at IIM Indore?

A:

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?

A:

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?

A:

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?

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%

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.

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