About MBA

GENERAL TREND

  • All top management schools in the country have an exemplary track record of getting 100% placement with very good salaries and job roles. The B-Schools have also been quite successful in getting a number of their students placed in organizations that offer international postings. In fact, of late, the dollar salaries for these international placements range between USD 60,000 and USD 200,000 per annum.
  • The IIMs and other 'Top-notch' institutes claim an average placement salary of about INR 25 to 35 lakh per annum! The highest salary on offer for domestic placements can be as high as INR 60 lakh per annum!! The lowest salary on offer at these management institutes is about INR 12-15 lakh.
  • The average salary in the next level of management institutes is about INR 20 to 25 lakh per annum. The lowest salary on offer ranges between INR 8-10 lakh and highest domestic salary ranges between INR 30-40 lakh. And at the next level of management institutes the average salary on offer is around INR 15 to 20 lakh per annum.

B-School T.I.M.E. categorization Grade Program Avg Salary (Lakh p.a.) 2020-22 batch
IIM Calcutta Top 10 MBA 34
FMS Delhi Top 10 MBA 32.4
XLRI Jamshedpur Top 10 PGDBA/PGDHRM 30.7
SIBM Pune AAA+ MBA 23.06
VGSOM (IIT Kharagpur) AAA+ MBA 19.3
IIM Rohtak AAA MBA 16.06
IIM Visakhapatnam AA MBA 15.06
IIM Nagpur AA MBA 15.21
GIM Goa A PGDM 12.02
IIM Jammu A MBA 13.53
FORE Delhi A PGDM 14.04

This year’s placement season at the B-schools has started on an extremely bright note, with a host of B-schools reporting huge uptick in the number of offers as well as average compensation package.

IIM Bangalore and IIM Calcutta created a new record, they achieved an average salary of 35+ lacs p.a.! Other premier B-schools like IIM Lucknow, IIM Kozhikode, XLRI, FMS Delhi, SPJIMR have all reported average salaries of more than 30 lacs per annum.

Premier recruiters like Accenture strategy, A.T. Kearney, Bain and company, BCG, Amazon, Deloitte USI,HUL, Microsoft, ABG etc made a beeline to recruit the MBA graduates at all the premier B-schools.

This jump in salaries was witnessed among the AAA+ and AA grade B-schools also. IIM Shillong, NMIMS Mumbai and SIBM Pune secured a whopping 26 lacs p.a. avg salary.

This trend continued even among the B-schools in the next rung, they too reported a huge jump in average salaries. IIM Nagpur and IIM Visakhapatnam have reported more than 16 lakhs p.a. average salary.

This goes on to prove that the negative impact of the pandemic is over and MBA aspirants can surely expect a very bright future.

B-schools across the country are seeing a tremendous run in the placement season this year. The year began with increased salaries/stipend seen during the final and summer placements. On the back of this, the summer placements have started on an extremely positive note.

The Indian Institute of Management (IIM) Ahmedabad held its first cluster of summer placement for the postgraduate programme (PGP) class of 2024. About 60 firms participated in the first cluster of the summer placement at IIM Ahmedabad. The Boston Consulting Group, as per an IIM Ahmedabad statement, was the top recruiter with 28 offers, followed by Bain and Company with 23 offers. American Express, with nine offers, rolled out the maximum offers in the cards and financial advisory cohort, IIM Ahmedabad statement said. The institute witnessed a 50 per cent increase in the international offers in Cluster 1.

IIM Calcutta has completed its summer internship placement for the 59 th batch, comprising 470 students, by securing close to 540 offers. Consulting and finance accounted for nearly 59 per cent of the total hires.Students received an average monthly stipend of ₹1.59 lakh and median stipend of ₹1.5 lakh, with the top 25 per cent (in terms of stipend offered) receiving ₹2.24 lakh, according to a press statement from IIM-C.

The Indian Institute of Management (IIM) Kozhikode successfully closed the summer internship recruitment drive with 100 percent placements for its two-year full time PGP programmes.

This season attracted participation from 122 recruiters which offered internships to 541 students with the highest stipend pegged at ₹6.47 lakhs. The mean and median stipend stands at ₹2.5 Lakhs, an increase of 25 per cent over last year.

Indian Institute of Management, Lucknow has completed its Summer Placement drive of 2022-2024 cycle with 100% placement. The drive

Final Placements

Summer Placements