IIM Bangalore (IIMB) Placements 2023: Highest & Average Salary Package, Top Companies

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Latest Updates for IIM Bangalore

  • 13 July 2024 :

    GATE 2025 exam date has been scheduled for Feb 1, 2, 15, and 16, 2025.

IIM Bangalore placements 2023 have concluded successfully. According to the placement data published by the institute, around 606 offers were made for 512 PGP students who sat for the placement drive in 2023. Around 14 international offers were also made for those students. IIM Bangalore average package in 2023 for PGP and PGPBA students was INR 35.31 LPA, and the median package was INR 33.0 LPA.

Some of the IIM Bangalore top recruiters for the PGP and PGPBA course include reputed companies like Microsoft, Google, Amazon, Adobe, Deloitte, Byjus, Oliver Wyman, Vedanta and Kearney, etc. The highest placement percentage during the Indian Institute of Management Bangalore placements in 2023 was in the Management Consulting role (40%), followed by Corporate Finance and Commercial Banking (14%).

The IIM Bangalore summer placements/ internships for the batch 2022-24 concluded successfully. In the summer placements of 2023-24, 530 students participated and secured 539 offers. Of these, 529 offers were accepted, and one student opted out of the placements.

IIM Bangalore offers the best placement in India for management programs. Another key feature is the placement flexibility. Here’s a look into the placement scenario- GetMyUni Verdict.

Table of Contents

IIM Bangalore Placement Highlights 2023

IIM Bangalore has consistently been achieving 100% placements. The IIM Bangalore average package and median package for EPGP students during 2023 placements were INR 33.07 LPA and INR 32.21 LPA, respectively. A total of 191 companies have participated in the PGP and EPGP programs' final placements of 2023.

The institute is yet to release the placement data like IIM Bangalore highest package, highest stipend offered, etc. Some highlights of IIM Bangalore placements 2023 for PGP+ PGPBA and EPGP programs are below.

Particulars Highlights of PGP and PGPBA Highlights of EPGP
Total Number of Offers Made 606 70
Total Number of Companies 164 27
IIM Bangalore Median Package INR 33 LPA INR 32.21 LPA
IIM Bangalore Average Package INR 35.31 LPA INR 33.07 LPA
Total Number of PPOs Offered 291 -
Number of International Offers 14 -
Number of Lateral Placement Offers 94 -

IIM Bangalore Top Recruiters

IIM Bangalore placement drives witness some top companies offering attractive placements yearly. In 2023, Boston Consulting Group offered the most PPOs and final placements, and Paytm made the most lateral offers. Some of IIM Bangalore top recruiters are given below.

Microsoft Google Amazon-AWS Consulting
Adobe Bain and Company Genpact
3M India Boston Consulting Group McKinsey and Company
Alvarez and Marshal American Express Navio Group
Paytm Zomato EXL Services

IIM Bangalore PGP and PGPBA Placement Statistics 2023

IIM Bangalore placements statistics have shown successive, year-on-year growth. According to the data released by the Indian Institute of Management Bangalore, 512 students were offered 606 placement offers in 2023. Placement statistics like IIM Bangalore salary trend, year-wise number of offers made, sector-wise placements, etc., are shown below.

IIM Bangalore PGP and PGPBA Year-wise Placement Statistics 2023

Given the global situation, IIM Bangalore's final placement was a dream run for this premier institute. The number of students participating in the placement drive and the total offers made during the last five years (2019 to 2023) are given in the table below.

IIM Bangalore Placement Year Number of Students Participating in Placements Total Number of Offers Made
2023 512 606
2022 524 662
2021 431 481
2020 432 518
2019 488 411

The graph below shows the year-wise number of offers made during IIMB placements of the last five years (2019 to 2023).

statistics

IIM Bangalore PGP and PGPBA Salary Trend 2023

The IIM Bangalore median salary has gradually increased from INR 23 LPA in 2019 to INR 33 LPA in 2023. Similarly, the IIM Bangalore average package increased from INR 24.54 LPA to INR 35.31 LPA.

Below is the IIM Bangalore salary trend (average and median salaries) of PGP and PGPBA programs for the last five years.

Year Average Salary Package Offered Median Salary Package Offered
2023 INR 35.31 LPA INR 33.00 LPA
2022 INR 33.82 LPA INR 31.20 LPA
2021 INR 28.98 LPA INR 28.6 LPA
2020 INR 26.18 LPA INR 25.0 LPA
2019 INR 24.54 LPA INR 23.0 LPA

The following graph shows the average and median package growth for the PGP and PGP-BA course during the last five years.

pgp-statistics

IIM Bangalore PGP and PGPBA Sector-wise Placements 2023

The IIMB placements in 2023 saw the maximum placement percentage in the Management Consulting sector (40%), followed by Information Technology. The table below shows the statistics of sector-wise students' placement percentage in IIM Bangalore placements 2023.

Sector Placement Percentage
Business Analytics 7%
Corporate Finance and Commercial Banking 9%
e-Commerce 4%
General Management 13%
IT/ Product Management 14%
Management Consulting 40%
Operations 2%
Sales and Marketing 11%

The following graph shows the IIM Bangalore sector-wise percentage of placements in 2023.

IIM Bangalore PGP and PGPBA Final Placements Top Recruiters 2023

Boston Consulting Group offered the most number of offers, 26 offers, during the IIM Bangalore placements of 2023. Boston Consulting Group is followed by Accenture Strategy CN and Bain and Company (22 offers each).

The company-wise number of offers made during the Indian Institute of Management Bangalore placements in 2023 is below.

Name of the Company Number of Offers Made
The Boston Consulting Group 26
Accenture Strategy CN 22
Bain and Company 22
Tata Consultancy Services 18
McKinsey and Company 16
American Express 15
Ernst and Young India 14
Cogoport 11
EXL Services 10
Microsoft 10
Paytm 9
PwC India 9
Oliver Wyman 8
Vedanta 7
Accenture Strategy IMU 7
Kearney - General Consulting 6
Amazon - AWS Consulting 6
Alvarez and Marsal 6
Goldman Sachs 6
Deloitte 6
Kearney 6

IIM Bangalore PGP and PGPBA PPOs Top Recruiters 2023

Boston Consulting Group offered the most pre-placement offers, 20, during the IIM Bangalore placements of 2023. Boston Consulting Group was followed by Bain and Company (18 offers) and McKinsey and Company (11 offers).

The company-wise number of pre-placement offers made during the IIMB placements 2023 are below.

Name of the Company Number of Offers Made
The Boston Consulting Group 20
Bain and Company 18
McKinsey and Company 11
Accenture Strategy CN 11
Microsoft 8
Amazon - AWS Consulting 6
American Express 6
Alvarez and Marsal 6
Kearney 6
Accenture Strategy IMU 6
Navi Group 5

IIM Bangalore PGP and PGPBA Lateral Placements Top Recruiters 2023

Paytm offered the most lateral offers, 9, during the IIM Bangalore placements of 2023. Paytm was followed by Cogoport (8 offers) and EXL Services (7 offers). Below are the company-wise lateral offers statistics during the IIM Bangalore placement in 2023.

Name of the Company Number of Offers Made
Paytm 9
Cogoport 8
EXL Services 7
Lodha Group 5
Jio Platform 5
Brillio 4
American Express 4
Zomato 4

IIM Bangalore PGP and PGPBA Other Recruiters

IIM Bangalore has various industrial tie-ups that lead to top-notch placements at the campus. Some of the IIM Bangalore recruiters who have recruited students of PGP and PGPBA are given below.

Boston Consulting Group
Bain and Company
Accenture Strategy and Consulting
McKinsey & Company
Microsoft
Accenture Strategy
Alvarez and Marsal
American Express Kearney
Navi Group Paytm Cogoport
EXL Services Jio Platform Lodha Group
Brillo Zomato Oliver Wyman
Vedanta Goldman Sachs Deloitte

IIM Bangalore EPGP Placement Statistics 2023

According to the official website, 27 companies from various sectors participated and offered 70 final placement offers for EPGP students in 2023. Other placement statistics like IIM Bangalore salary trends, industry-wise placement statistics, company-wise placements, etc., are in tables and graphs below.

IIM Bangalore EPGP Salary Trend 2023

The average and median salaries of the IIM Bangalore EPGP program have increased over the years. The IIM Bangalore average package increased from INR 29.88 LPA to INR 33.07 LPA in the last four years.

The IIM Bangalore salary trend (average and median salaries) of the EPGP program over the previous four years is tabulated below.

Year Average Salary Package Offered Median Salary Package Offered
2023 INR 33.07 LPA INR 32.21 LPA
2022 INR 30.90 LPA INR 30.00 LPA
2021 INR 26.08 LPA INR 26.00 LPA
2020 INR 29.88 LPA INR 28.50 LPA

The following graph shows the average and median package growth for the EPGP course during the last four years.

epgp-salary

IIM Bangalore EPGP Industry-wise Offers Statistics 2023

The hottest industry in terms of percentage of offers made was IT and ITES with 37%, followed by Consulting standing at 24%. The IT industry offered around 27 offers during the IIM Bangalore placements in 2023.

Below is the overview of the industry-wise recruitment for the EPGP program in 2023.

Name of the Industry Percentage of Offers Made Number of Offers Made
IT 37% 27
Consulting 24% 17
Manufacturing 11% 7
Automotive 6% 4
BFSI 6% 4
Analytics 5% 3
Insurance 4% 3
Higher Education 3% 2
E-Commerce 1% 1
Fashion and Retail 1% 1
Marketing and Advertising 1% 1
Nonprofit Organisation Management 1% 1

The graph below shows the industry-wise offers percentage during IIM Bangalore placements in 2023.

IIM Bangalore EPGP Company-wise Offers Statistics 2023

According to the IIM Bangalore placement data of the EPGP program, Accenture offered the most placement offers, followed by Nucleus Software, Samsung, and TVS Motors, which offered four placement offers each. The following table contains statistics of IIM Bangalore company-wise offers made in 2022-23.

Name of the Company Number of Offers
Accenture 18
TVS Motors 4
Samsung 4
Nucleus Software 4
Hilti 3
Quantiphi 3
Aegon Life 3
Merilytics 3
Genpact 3

IIM Bangalore EPGP Other Recruiters

Companies like Accenture, KPMG, Wipro, EY Consulting, Amazon, Infosys, etc., recruited IIM Bangalore’s EPGP course students. The complete list of IIM Bangalore's top EPGP program recruiters is in the table below.

Accenture KPMG Nucleus Software
McKinsey Samsung WIPRO
TVS Motors Amazon Aegon Life
Datawrkz Genpact Deshpande Foundation
Hilti E2Open Merilytics
ElasticRun Quantiphi EXL
Amadeus Lab Infosys Consulting Anthology
Manyavar Bain Persistent System
Deutsche Bank Publicis Sapient EY Consulting

IIM Bangalore Placement Cell

IIM Bangalore placement cell is an active and dynamic establishment at the institute. The cell prepares students and invites companies/ organisations to participate in the final Indian Institute of Management Bangalore placement drives.

The cell organises seminars, industrial visits, workshops and professional lectures to prepare students for a career as management professionals. The IIM Bangalore placement cell boasts excellent quality education and prepares a workforce that is an asset to the companies that recruit on-campus.

IIM Bangalore Internship 2023

IIM Bangalore internship drives or summer placements are compulsory for all students. The IIMB summer placements are an effective learning tool as they provide practical learning and application of the education at the institute.

The IIM Bangalore internships are provided across all fields, including consulting, IT, Marketing and others. Some of the highlights of the IIM Bangalore internship drive for the batch 2022-24 are below.

Particulars Internship Highlights
Total Number of Students 530
Total Number of Offers Made 539
Total Number of Offers Accepted 529
Number of Students Who Opted Out 1

IIM Bangalore Internship Top Recruiters 2023

Below is a list of some of IIM Bangalore top recruiters who have participated in the summer internship drive 2023.

Accenture Capability Network Amazon McKinsey and Company
Bain and Company Tata Consultancy Services Boston Consulting Group
Kearney- Digital Transformation Ernst and Young India Accenture India Market Unit
Strategy and India PwC India Management Consulting GEP Worldwide
Samsung Tata Administrative Services -

IIM Bangalore Internship Statistics 2023

IIM Bangalore internship statistics have been constantly improving every year. Statistics of IIM Bangalore internship, like sector-wise percentage of placements and company-wise number of offers, are given below.

IIM Bangalore Sector-wise Summer Placement Percentage 2023

Most summer placements were offered by the Management Consulting sector (43%) during the internship drive in 2023. Management Consulting sector is followed by Corporate Finance and Commercial Banking sector (14%).

The IIM Bangalore statistics of sector-wise internships offered for the 2022-24 batch have been mentioned below.

Name of the Sector Placement Percentage
Management Consulting 43%
Corporate Finance and Commercial Banking 14%
General Management 12%
Sales and Marketing 11%
IT/ Product Management 10%
e- Commerce 5%
Business Analytics 4%
Operations 1%

The graph below shows IIM Bangalore statistics of the sector-wise percentage of internships offered for the batch of 2022-24.

IIM Bangalore Company-wise Summer Placement Offers 2023

According to the Indian Institute of Management Bangalore placement data, Accenture Capability Network offered the maximum summer placements, 30 offers.

The IIM Bangalore statistics of the company-wise number of summer placement offers offered for the 2022-24 batch of PGP and PGPBA programs are given below.

Name of the Company
Number of Offers
Accenture Capability Network 30
Amazon 23
McKinsey and Company 22
Bain and Company 19
Tata Consultancy Services 18
Boston Consulting Group 17
Kearney- Digital Transformation 16
EY India 15
Strategy and India 11
Accenture India Market Unit 11
GEP Worldwide 9
PwC India Management Consulting 9
Samsung 9
Tata Administrative Services 8

IIM Bangalore vs IIMA & IIMC

The table below shows the comparison of IIM Bangalore, IIM Ahmedabad and IIM Calcutta placement highlights.

Particulars IIM Bangalore IIM Ahmedabad IIM Calcutta
Highest Salary Package (2023) - INR 1.15 CPA INR 1.15 CPA
Average Salary Package (2023) INR 35.31 LPA INR 34.36 LPA INR 35.07 LPA
Number of Recruiters 164 188 190
Number of Offers 606 280 573
Number of International Offers 14 8 -

FAQs on IIM Bangalore Placements

Q: What is the IIM Bangalore average package?

A: IIM Bangalore's average package 2023 for PGP and PGPBA students stood at INR 35.31 LPA. However, the average package for EPGP students during 2023 placements was INR 33.07 LPA.

Q: What is the IIM Bangalore median package?

A: IIM Bangalore's median package for PGP students was INR 33.0 LPA and INR 32.21 LPA for EPGP students.

Q: Who are some of IIM Bangalore's top recruiters?

A: Some of IIM Bangalore's top recruiters include Microsoft, Google, Amazon-AWS Consulting, Adobe, Bain and Company, Genpact, etc.

Q: Which sector saw the highest placement percentage during IIM Bangalore placements in 2023?

A: IIM Bangalore placement drive saw the highest placement percentage in the Management Consulting sector (40%).

Q: Does IIM Bangalore have a placement cell?

A: Yes. IIM Bangalore placement cell is an active and dynamic establishment at the institute. The cell prepares students and invites recruiters for the final Indian Institute of Management Bangalore placement drives.

IIM Bangalore Reviews

Overall Rating

3.2

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Distribution of Rating

>4-5 star

8

>3-4 star

3

>2-3 star

0

1-2 star

1

Academics & Faculty

4

College Infrastructure & Hostel Facilities

3.6

Clubs & Associations

4.1

Placements & Internships

3.8

Fees & Scholarships

3.1

Entrance Exams & Admissions

1

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