IIM Placements 2024: Highest & Average Package

MBA graduates who participate in the IIM placements 2024 will receive attractive packages ranging from INR 20 LPA to INR 35LPA . Students from top IIMs will receive annual package of INR 70 Lac to 1 Cr.

Table of Contents

IIM Placements: Highest and Average Packages
IIM Placement Important Links
IIM Placements Process
Top Companies Visiting IIMs

IIM placements 2024 are conducted between December and February. MBA graduates typically receive offers ranging from INR 10 to 28 LPA. In India, top IIMs offer some of the best salary packages for MBA candidates.

In the top IIMs - A, B, and C, the highest salary is between INR 70 lakh and INR 1 crore in CTC. International salaries are between INR 60 lakh and INR 1 crore.

IIM Placements: Highest and Average Packages

Upon graduation from a PGP/MBA program, the graduates are offered managerial roles in different sectors and domains. Function-wise most of these offers are made for positions such as Consultant and Manager.

The IIM placements, along with the latest, highest and average domestic package are shown below:

Name of IIM	Highest Domestic Package (INR)	Average Domestic Package (INR)
IIM Calcutta	60 LPA	29 LPA
IIM Ahmedabad	55.88 LPA	26.13 LPA
IIM Lucknow	51.00 LPA	26 LPA
IIM Kozhikode	46.88 LPA	22.50 LPA
IIM Indore	41.50 LPA	23.60 LPA
IIM Udaipur	34 LPA	13 LPA
IIM Bangalore	32.10 LPA	26.18 LPA
IIM Shillong	32 LPA	19.17 LPA
IIM Jammu	32 LPA	10.34 LPA
IIM Trichy	30 LPA	14.85 LPA
IIM Kashipur	29.02 LPA	14.05 LPA
IIM Raipur	28.12 LPA	15.20 LPA
IIM Ranchi	MBA - 26.50 LPA	MBA - 14.95 LPA
IIM Ranchi	MBA HR - 29.75 LPA	MBA HR - 14 LPA
IIM Rohtak	22.80 LPA	13.74 LPA
IIM Sambalpur	21 LPA	11 LPA
IIM Visakhapatnam	20.82 LPA	12.62 LPA
IIM Nagpur	19.20 LPA	13.12 LPA
IIM Amritsar	18.16 LPA	12.68 LPA
IIM Bodh Gaya	17.30 LPA	9.92 LPA
IIM Sirmaur	16 LPA	9.60 LPA

IIM Placement Important Links

Click on the links below to get more insights about IIM placements and their nuances.

Name of IIM	Important Placement Links
IIM Calcutta	IIM Calcutta Placements
IIM Ahmedabad	IIM Ahmedabad Placements
IIM Lucknow	IIM Lucknow Placements
IIM Kozhikode	IIM Kozhikode Placements
IIM Indore	IIM Indore Placements
IIM Udaipur	IIM Udaipur Placements
IIM Bangalore	IIM Bangalore Placements
IIM Shillong	IIM Shillong Placements
IIM Jammu	IIM Jammu Placements
IIM Trichy	IIM Trichy Placements
IIM Kashipur	IIM Kashipur Placements
IIM Raipur	IIM Raipur Placements
IIM Ranchi	IIM Ranchi Placements
IIM Rohtak	IIM Rohtak Placements
IIM Sambalpur	IIM Sambalpur Placements
IIM Visakhapatnam	IIM Visakhapatnam Placements
IIM Nagpur	IIM Nagpur Placements
IIM Amritsar	IIM Amritsar Placements
IIM Bodh Gaya	IIM Bodh Gaya Placements
IIM Sirmaur	IIM Sirmaur Placements

1. IIM Calcutta Placements

IIM Calcutta Placements for the academic year 2021-2024 where 190 recruiters participated in which 573 offers were extended and 465 students accepted the offers. The highest international salary package offered was Rs. 94.82 LPA, and highest domestic salary package offered was Rs. 1.15 CPA.

Average Domestic Salary: INR 29 LPA
Top Recruiters: Accenture, Amazon, Goldman Sachs, BOA, BCG, Microsoft, and Paytm

Also Read: Why MBA from IIMs is so Special?

2. IIM Ahmedabad Placements

IIM Ahmedabad Placements for the academic year 2021-2024 were 188 recruiters participated in which 183 offered were extended. A total of 280 students got placed. The highest salary package offered was Rs. 1.15 CPA.

Average Domestic Salary: INR 26.23 LPA
Top Recruiters: Arthur D. Uttle, Accenture Strategy, Alvarez & Marsal, Boston Consulting Group, Kearney, GEP Consulting, KPMG, McKinsey & Company, PwC, Bank of America, JP Morgan, Goldman Sachs

Also Read: What Makes IIM Ahmedabad Special?

3. IIM Lucknow Placements

IIM Lucknow Placementsfor the academic year 2021-23 has the highest salary package for domestic Rs. 1 CPA and an average package of Rs. 32.23 LPA.

Average Domestic Salary: INR 26 LPA
Top Recruiters: Flipkart, Deloitte, PWC, Amazon, KPMG, Goldman Sachs, BCG, Morgan Stanley, TAS, Microsoft, RIL, Mckinsey, & Co, and Nestle.

Also Read: Online MBA from IIMs

4. IIM Kozhikode Placements

IIM Kozhikode Placements has 173 recruiters this academic year 2021-23 with the highest package of Rs. 67.02 LPA for PGP, PGP-FIN, and for PGP-BL the highest offered package is Rs. 43.92 LPA.

Average Domestic Salary: INR 22.5 LPA
Top Recruiters: Deloitte, PWC, Amazon, KPMG, Goldman Sachs, Citi Bank, Google, Flipkart, Asian Paints and more.

Also Read: IIM Admissions Criteria

5. IIM Indore Placements

IIM Indore Placements had 240 domestic and international recruiters with the highest package of Rs. 1.14 CPA.

Average Domestic Salary: INR 23.6 LPA
Top Recruiters: Microsoft, Google, Amazon, Adobe, Deloitte, and others.

Also Read: IIM Fees For MBA 2024-25

6. IIM Udaipur Placements

IIM Udaipur Placements had the highest record of placements of 95% in the academic year 2021-23. The highest package of Rs. 36 LPA.

Average Domestic Salary: INR 13 LPA
Top Recruiters: Adani Gas, Bajaj Auto, Hindware, Bake Hudges, Bluestar, Vedanta, iQuanti, TAFE, and Tata Steel

Also Read: Job Opportunities After MBA from IIMs

7. IIM Bangalore Placements

IIM Bangalore Placements had the average package of the recruiters was Rs. 33 LPA. There were 676 offers extended of which 529 offers were accepted by the students of IIM Bangalore.

Average Domestic Salary: INR 26.18 LPA
Top Recruiters: Microsoft, Google, Amazon, Adobe, Deloitte,

Also Read: Online Courses from IIMs without CAT

8. IIM Shillong Placements

IIM Shillong Placements had he highest package of the recruiters was Rs. 71.30 LPA. The total number of recruiters who came to Shillong was 63 for the academic year 2021-2024.

Average Domestic Salary: INR 19.17 LPA
Top Recruiters: Aditya Birla Fashion & Retail Ltd., Axis Bank, Baker Hughes, Bosch, Cipla, HashedIn by Deloitte, HDFC Bank, IBM, JioSaavn

Also Read: How to get into an IIM?

9. IIM Jammu Placements

At IIM Jammu Placements for the academic year 2021-2024 PGP course the highest package offered to students was about Rs. 64 LPA.

Average Domestic Salary: INR 10.34 LPA
Top Recruiters: Deloitte, Genpact, PayTm, CEAT, Kotak Mahindra Bank, ICICI Bank, Infosys, and Wipro

Also Read: IIM Certificate Courses

10. IIM Trichy Placements

IIM Trichy Placements for the academic year 2021-2024 has 172 companies visiting the campus. The highest package offered was Rs. 41.61 LPA.

Average Domestic Salary: INR 14.85 LPA
Top Recruiters: BNY Mellon, ZS Associates, Apollo Hospitals, Aditya Birla Fashion & Retail Ltd, Deloitte, Godrej, TAFE, NatWest, Ultratech, McKinsey & Co.

Also Read: Total Seats in IIMs

11. IIM Kashipur Placements

IIM Kashipur Placements had 187 companies visit the campus for the academic year 2021-23. The highest package offered was Rs. 37 LPA.

Average Domestic Salary: INR 14.5 LPA
Top Recruiters: Capgemini, Cognizant Technology Solutions, Deloitte USI, Deloitte USI, EY, Infosys, Morgan Stanley, and HireTale.

Also Read: IIM vs ISB

12. IIM Raipur Placements

IIM Raipur Placements had the highest package of Rs. 67 LPA for the academic year 2021-23 with 107 recruiters in total and 32 new recruiters. There were 255 offers extended to students this year of which 232 were accepted. The offers from companies were spread out between various sectors like Manufacturing, IT, BFSI, FMCG, Strategy and Consulting, and E-Commerce.

Average Domestic Salary: INR 15.2 LPA
Top Recruiters: Hero, Reliance, Samsung, Adani, Accenture

Also Read: IIT vs IIM

13. IIM Ranchi Placements

IIM Ranchi Placements had total recruiters of 176 companies of which 43 were new recruiters. There were 399 students got placed and the highest package of Rs. 67 LPA. These are some of the roles that were highly preferred by the recruiters - product management, business analyst, brand manager, digital consultant, campaign manager, project manager, and B2B sales.

Average Domestic Salary: INR 14.95 LPA
Top Recruiters: ABFRL, DCM Shriram Ltd., Ernst & Young, Flipkart, HSBC, Samsung R&D Institute, TATA Steel, The D. E. Shaw Group, and Wipro

Also Read: Top 10 Non-IIM MBA Colleges in India

14. IIM Rohtak Placements

IIM Rohtak Placements had top recruiters for the academic year 2021-23 with a highest package offered to the students was Rs. 36 LPA. There was a 16.7% increase in the number of students getting placed compared to the previous academic year 2020-22.

Average Domestic Salary: INR 13.74 LPA
Top Recruiters: BMW, Amazon, DE Shaw & Co., Gameberry Labs, Natwest Group, KPMG, and Mi

Also Read: CAT Cutoff from IIM OBC Category

15. IIM Sambalpur Placements

IIM Sambalpur Placements has the highest salary package of Rs. 26.19 LPA. The institution has 100% placements in the academic year 2021-23 which has been a milestone achieved. All students who sat for placements accepted their offer letters.

Average Domestic Salary: INR 11 LPA
Top Recruiters: Capgemini, Deloitte, EY, L&T, Accenture and Cognizant.

Also Read: MBA Salary in India

16. IIM Vishakapatnam Placements

IIM Visakhapatnam Placements highest package in the academic year 2021-2024 was Rs. 20.82 LPA. The total number of recruiters was 102 out of which 73 were new recruiters.

Average Domestic Salary: INR 12.62 LPA
Top Recruiters: Amul, Byju's, Deloitte, HCL, Infosys, KPMG, HDFC Bank, Tech Mahindra, Delhivery, and MTR.

Also Read: Different Types of MBA Courses in India

17. IIM Nagpur Placements

IIM Nagpur Placements had 19 new recruiters in the academic year 2021-23 with the highest salary package of Rs. 64 LPA. The top recruiters who visited the campus to recruit students were Deloitte, HCL, DHL, Hexaware, TVS, Accenture, Byju's and other prominent companies.

Average Domestic Salary: INR 13.12 LPA
Top Recruiters:

Also Read: Top Dream Companies for MBA Graduates in India

18. IIM Amritsar Placements

IIM Amritsar Placements had the highest package of Rs. 18.16 LPA for the academic year 2021-23. The total number of recruiters this season was 146 companies.

Average Domestic Salary: INR 12.68 LPA
Top Recruiters: Accenture, Cipla, ICICI Lombard, Anand Rathi, Polycab, Microsoft, Tech Mahindra, Infosys, and Grant Thorton.

Also Read: Top MBA Skills to Boost your Career

19. IIM Bodh Gaya Placements

IIM Bodh Gaya Placements had 86 recruiters for the academic year 2021-23 in which 109 students got placed. The highest salary package provided was Rs. 17.2 LPA.

Average Domestic Salary: INR 9.92 LPA
Top Recruiters: McKinsey, Hettich, Volvo Eicher, SBI GI, Tata, Suzlon, Kotak Mahindra Bank, Crompton Greaves, BNY Mellon, KPMG, and Byju’s.

Also Read: Does Work Experience Affect MBA Admission?

20. IIM Sirmaur Placements

IIM Sirmaur Placements were quite competitive in the academic year 2021-23 in which 243 students got offers from 140 recruiters. There were 50+ new recruiters out of the total number of recruiters.

Average Domestic Salary: INR 9.6 LPA
Top Recruiters: Microsoft, Cognizant, Decathlon, ICICI Bank, HDFC Bank, OnePlus, ZS Associates, Adobe, HCL and IBM

Also Read: Ph.D. AFter MBA

IIM Placements Process

The IIM placements are conducted in various sections. Such cycles are further discussed below:

Placement Cycle	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

Summer Placements

In April-May, businesses recruit students for summer internships through summer placements. Students can also receive Pre-placement offers (PPOs) through this platform.

Summer placements typically take place in March over 4-5 days. Students and recruiters must follow a detailed set of rules to participate in this process.

Lateral Placements

IIMs offer lateral placements a couple of months before the final placements for students with work experience of at least 18 months in the MBA/PGP program.

Final Placements

The final placement process, held between late February and mid-March, is nearly the same across all IIMs, although there are a few minor variations here and there.

IIM Ahmedabad, for instance, follows a cohort-based system rather than a day-based system. Recruiters can gauge students progress over a long time with cohort-based systems.

Also Read: A Guide On How To Elect A B-School With Regards To Placements

Top Companies Visiting IIMs

There are numerous companies that visit the IIM campuses for placement drives. These companies recruit management graduates for a variety of positions. The top IIM placement companies are listed below: