VGSOM Placements 2023: Highest & Average Salary Package, Top Companies

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VGSoM placements garnered a 100% placement for 2023 placement activities. The highest domestic package offered is INR 43.37 LPA. The VGSoM average package was INR 22.13 LPA, and the median package was INR 21.04 LPA.

As per the VGSoM IIT Kharagpur placements report, 94 students registered for the placement drive and were placed by the end of the drive. There were also 41 pre-placement offers made to the students. 25 recruiters participated in the placement drive 2023.

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VGSoM Placement Highlights

VGSoM holds placement drives every year at the end of the session for graduating students. The 2023 batch consists of 94 students, all of whom registered for the VGSoM IIT Kharagpur Placements drive and were successfully placed. The average package offered this year was INR 22.13 LPA.

Forty-one students received pre-placement offers from the recruiters. The highlights of VGSoM Placement 2023 are in the table below:

Placement Percentage 100%
Number of PPOs 41
Number of Students Registered 94
Number of Participating Companies 25
Highest Package Offered (in INR) INR 43.37 LPA
Average Package Offered (in INR) INR 22.13 LPA
Lowest Package Offered (in INR) INR 13.60 LPA

VGSoM Placement Top Recruiters

VGSoM Placement 2023 hosted 25 recruiters during the placement drive. The recruiters offered various offers in different areas such as Strategy and Consulting, Operations, and Sales and Marketing.

The VGSoM top recruiters are mentioned below:

Accenture Amazon ICICI Bank
GSM IBM Infosys
Reliance Wells Fargo McKinsey and Company

VGSoM Placement Statistics 2023

Vinod Gupta School of Management placement 2023 saw significant growth in its placement activities and processes. More details related to VGSoM placement statistics, such as domain distribution and VGSoM salary trends, are discussed below.

VGSoM Salary Trends 2023

VGSoM highest package was increased from INR 31.98 LPA to INR 43.37 LPA. Given below are other VGSoM salary trends based on the details of 2023 and 2022:

Particular Statistics in 2023 Statistics in 2022
Average Salary Package Offered INR 22.13 LPA INR 19.36 LPA
Median Salary Package Offered INR 21.04 LPA INR 18.08 LPA
Lowest Salary Package Offered INR 13.60 LPA INR 10 LPA
Package Offered to Top 10% INR 31.55 LPA INR 28.75 LPA
Package Offered to Top 25% INR 27.78 LPA INR 27.05 LPA
Package Offered to Top 50% INR 24.66 LPA INR 23.37 LPA

The above details related to the salary trend for graduates of Vinod Gupta School of Management are shown in the graph below:

Salary trends

VGSoM Domain-wise Statistics 2023

The VGSoM IIT Kharagpur placements saw different hiring percentages for each domain in 2023 in comparison to 2022. Hirings in Operations and General Management saw a significant increase. There was no hiring in IT or ITES in 2023.

More details related to domain-wise VGSoM placements 2023 and 2022 are given below:

Domain Domain Distribution Percentage 2023 Domain Distribution Percentage 2022
Strategy and Consulting 30% 29%
Operations 19% 27%
Analytics 18% 19%
General Management 15% 1.5%
BFSI 10% 8%
Sales and Marketing 8% 1.5%
IT/ITES 0 14%

Domain-wise distribution

VGSoM Placement Cell

The VGSoM placements are taken care of by its placement committee. This committee is responsible for summer placements and final placements. The Placement Committee interacts with many business entities, successfully develops the VGSoM brand, and improves placements year over year in terms of CTC, jobs, and industry domain variety.

Additionally, it creates a knowledge base for contemporary business trends and expectations, and setting up information-sharing sessions aids students in meeting these expectations.

VGSoM Summer Placements 2023

Every year, students of VGSoM apply for summer placements or internships. This activity is organized and conducted by the VGSoM placement cell or Placement Committee.

The highlights of VGSoM internship 2023 or summer placement are given below:

Total Number of Student Registered 125
Total Number of Students Placed 100%
Total Number of Companies Participated 40
Highest Stipend INR 3.40 Lakhs
Average Stipend INR 1.77 Lakhs
Median Stipend INR 1.84 Lakhs
Top Recruiters Accenture, Exide, Amazon, Morgan Stanley etc

VGSoM Summer Placement Statistics 2023

During VGSoM Summer Placements, 100% placement was observed. The details related to domain-wise placements and average stipend trends are given here.

VGSoM Domain-wise Summer Internship Distribution Statistics 2023

During the VGSoM summer placements 2023, the students got opportunities to gain work experience and learn different trades of management in different sectors. 125 students were placed in different domains.

The percentage of domain-wise placement is given below:

Domain Distribution Percentage
Strategy and Consulting 25%
Operations 22%
Sales and Marketing 17%
Analytics 13%
Product Management 13%
BFS 10%

Based on the above VGSoM summer placement 2023 details, a graph is shown below:

Domain distribution for internship

VGSoM Average Summer Placement Stipend 2023

During the Summer Placement 2023, the average stipend offered was more than 2 Lakhs per month. The details of the VGSoM average stipend offered for the different percentile of students are given below:

Particular Statistics
Average Stipend for Top 10% INR 2.97 Lakhs
Average Stipend for Top 25% INR 2.52 Lakhs
Average Stipend for Top 50% INR 2.25 Lakhs

The graph displaying the average summer placement stipend is below:

percentile-wise stipend

VGSoM Summer Placement Recruiters 2023

During the summer placements or internships, companies from different sectors, such as BFSI, IT/ITES, and Consulting, offer internships to students at Vinod Gupta School of Management.

A few of the VGSoM top recruiters during a summer internship for the batch 2022-24 are given below:

Accenture Amazon Berger
Diageo EndGate Exide
Flipkart Medtronics P&G
Redbull Tata Metalinks Wells Fargo

FAQs on VGSOM IIT Kharagpur Placements

Q: What is the VGSoM highest package offered in 2023?

A: The VGSoM highest package offered in 2023 was INR 43.37 LPA.

Q: What is the VGSoM average package offered in 2023?

A: The VGSoM average package offered in 2023 was 22.13 LPA.

Q: Which sector recorded the VGSoM highest domain-wise hiring percentage?

A: The VGSoM placements observed the highest hirings in Strategy and Consulting with 30%.

Q: What was the VGSoM highest stipend offered during summer placement 2023?

A: The VGSoM highest stipend offered was INR 3.40 Lakhs per month during summer placement 2023.

VGSOM IIT Kharagpur Reviews

Overall Rating

4.1

Verified

Distribution of Rating

>4-5 star

46

>3-4 star

5

>2-3 star

0

1-2 star

0

Fees & Scholarships

4.3

Clubs & Associations

4.2

Placements & Internships

4.1

Academics & Faculty

4.1

College Infrastructure & Hostel Facilities

4.1

Verified
Factual Squirrel Batch 2023 B.Tech [Bachelor of Technology]
3.2
Reviewed on Jan 29, 2018
3 Placements
3 Fees
3 Academics
3.5 Infrastructure
3.5 Campus

Placements & Internships : I have not done any internship. I don't know about alumni network

Entrance Exams & Admissions : A student should have 85% of marks in his/her Board. One should also write JEE MAIN entrance exam. Cut-offs typically went to 85% of marks.

Read More

Verified
Surya Manipati Batch 2017 PGPM [Post Graduate Programme in Management]
4.7
Reviewed on May 29, 2017
5 Placements
3.5 Fees
5 Academics
5 Infrastructure
5 Campus

Placements & Internships : Established in 1993 VGSOM is a pioneer for MBA school at brand IIT in India. The placements are at par with an average package of 14 LPA CTC for 2014-16 batch. 

Entrance Exams & Admissions :

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Shishir Goyal Batch 2021 Others
3.8
Reviewed on Jan 14, 2017
4.5 Placements
3.5 Fees
3.5 Academics
2.5 Infrastructure
5 Campus

Placements & Internships : I haven't done internship yet but I am looking for it. There are many companies based on finance and marketing which visit Vinod Gupta School of Management for placements every year. Th

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Verified
Prabhat Ranjan Batch 2020 B.Tech Mining Engineering
Reviewed on Dec 23, 2016

Entrance Exams & Admissions : Eligibility criteria and admission procedure in Vinod Gupta School of Management, [VGSOM] IIT Kharagpur for my course is JEE MAIN. I cracked JEE ADVANCE for admission. Typical c

Verified
Roohullah Salam Batch 2016 MBA [Master of Business Administration]
4.5
Reviewed on Oct 24, 2015
4.5 Academics

Academics & Faculty : The academics at VGSOM are designed in accordance with what is required by the industry with brilliant faculties who are readily available. One is free to select the domain he/she is interested in from all t

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