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Home > Articles > IIM Placements 2023: Salary, Companies and Fees

IIM Placements 2023: Salary, Companies and Fees

Q: "What is the average salary package offered at IIMs?"

"The average salary offered to students of the top IIMs ranges between INR 25-30 LPA and that of the new IIMs ranges between INR 14-20 LPA."

Q: "What is the highest salary package offered at IIMs?"

"The highest salary package offered at the top IIMs is between INR 70 LPA and INR 1 CPA."

Q: "When do IIM placements take place?"

"The placement process for IIMs takes place between December and February. The final reports of placement are released within July, every year."

Q: "What is the placement process at IIMs?"

"The placement process at IIMs consists of 3 main parts. These are Summer Placements: In the summer placements, students are recruited for internships by various companies. Some may also receive Pre Placement Offers (PPO) through these internships. Lateral Placements: In the lateral placements, the two-year MBA/PGP students having a work experience of a minimum of 18 months are recruited by companies for various positions. Final Placements: In the final placements, the final year students of MBA/PGP students are recruited for full-time jobs by companies."

Q: "What kind of roles are offered to students during IIM placements?"

"Every year, various companies visit the IIM campus to provide job roles in consulting, management, human resources, marketing, operations, investment banking, and more."

Q: "What are the fees of IIM for an MBA?"

"The fees of IIM for an MBA range between INR 15.50 lakhs to INR 27 lakhs."

Q: "Which IIM has the lowest MBA fees?"

"IIM Bodh Gaya has the lowest MBA fees. It has a fee of INR 15.50 lakhs"

University

Amrapali Bhowmik

Updated on 10th January, 2024 , 2 min read

IIM Placements 2023: Check Salary Packages, Companies, and MBA Fees for the 21 IIMs

Every year, the placement process for IIMs takes place between December and February. The final reports of placement are released within July, every year. The average salary offered to students of the top IIMs ranges between INR 25-30 LPA and that of the new IIMs ranges between INR 14-20 LPA. The highest salary offered in the top IIMs was between INR 70 LPA and 1 crore per annum, including international offers.

IIM Placements 2023

The Indian Institute of Management (IIMs) are the top-most business schools in India, offering excellent education in management. IIMs have exceptional placement records in top companies such as Walmart, JP Morgan Chase, KPMG, Deloitte, Barclays, Amazon, Zomato, TCS, etc. These companies visit the IIM campus every year to provide job roles in consulting, management, human resources, marketing, operations, investment banking, and more.

The placement process at IIMs consists of 3 main parts. These are

Summer Placements: In the summer placements, students are recruited for internships by various companies. Some may also receive Pre Placement Offers (PPO) through these internships.

Lateral Placements: In the lateral placements, the two-year MBA/PGP students having a work experience of a minimum of 18 months are recruited by companies for various positions.

Final Placements: In the final placements, the final year students of MBA/PGP students are recruited for full-time jobs by companies.

Let us further discuss these top companies visiting the IIMs for campus placements, and the salary packages offered to the students.

IIM Placements 2023: Salary Package

Below is a list of the highest and average salary packages offered in the 2023 campus placements of all the IIMs.

Name of IIM	Highest CTC Offered (INR)	Average CTC Offered (INR)
IIM Ahmedabad	INR 61.48 LPA	INR 32.79 LPA
IIM Bangalore	Data not available	INR 35.31 LPA
IIM Calcutta	INR 1.15 CPA	INR 35.07 LPA
IIM Lucknow	INR 66.00 LPA	INR 32.20 LPA
IIM Indore	INR 1.14 CPA	INR 30.21 LPA
IIM Kozhikode	INR 67.00 LPA	INR 31.02 LPA
IIM Shillong	INR 71.30 LPA	INR 26.96 LPA
IIM Rohtak	INR 36.00 LPA	INR 18.73 LPA
IIM Ranchi	INR 67.00 LPA	INR 35.50 LPA
IIM Raipur	INR 43.43 LPA	INR 21.04 LPA
IIM Trichy	INR 41.61 LPA	INR 20.55 LPA
IIM Kashipur	INR 37.00 LPA	INR 18.10 LPA
IIM Udaipur	INR 35.04 LPA	INR 20.02 LPA
IIM Nagpur	INR 64.00 LPA	INR 16.74 LPA
IIM Visakhapatnam	INR 32.65 LPA	INR 16.61 LPA
IIM Bodh Gaya	INR 48.58 LPA	INR 14.96 LPA
IIM Amritsar	INR 36.25 LPA	INR 16.51 LPA
IIM Jammu	INR 64.00 LPA	INR 14.45 LPA
IIM Sirmaur	INR 64.12 LPA	INR 14.45 LPA
IIM Sambalpur	INR 64.61 LPA	INR 16.63 LPA

IIM Placements 2023: Highest International Packages Offered

Below is a list of the highest salary packages offered by international companies in the 2023 campus placements of the IIMs.

Name of IIM	Highest International CTC Offered (INR)
IIM Ahmedabad	INR 1.32 CPA
IIM Lucknow	INR 61.59 LPA
IIM Indore	INR 89.25 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

IIM Placements 2023: Top Recruiting Companies

Name of IIM	Top Recruiting Companies
IIM Ahmedabad	Emaar, A91 Partners, BCG, PwC, KPMG, HSBC
IIM Bangalore	BCG, Bain & Company, Accenture Strategy
IIM Calcutta	Data not available
IIM Lucknow	Accenture, Amazon, Barclays, BCG, Capgemini, Deloitte, Jio, KPMG
IIM Indore	Amazon, BCG, Cipla
IIM Kozhikode	Accenture, Deloitte, Tech Mahindra
IIM Shillong	Aditya Birla Capital, Amagi, Amazon, Bain& Company, Capgemini
IIM Rohtak	Data not available
IIM Ranchi	Data not available
IIM Raipur	Data not available
IIM Trichy	Cognizant, Deloitte, GAIL, Accenture, Amazon, BNY Mellon, HSBC, ICICI, Infosys Consulting, Avalon Consulting, Bain & Co., etc.
IIM Kashipur	Axis Bank, Capgemini, Amazon, Cognizant, ICICI Bank, Gartner, E&Y
IIM Udaipur	Aditya Birla Capital Limited, Edelweiss Financial Services, Capital Quotient, Blitz Jobs, BES Consultants, KPMG, Ernst & Young
IIM Visakhapatnam	Data not available
IIM Bodh Gaya	Axis Bank, BNY Mellon, IDBI Bank, SBI Capital
IIM Nagpur	ICICI Bank, Yum Brands, BNY Mellon, Cognizant, Accenture
IIM Amritsar	Accenture, Adani, Deloitte, Cognizant, KPMG, Yes Bank, Infosys, L&T
IIM Jammu	Data not available
IIM Sirmaur	Ernst & Young, ICICI Bank, ICICI Prudential, DCM Shriram, VE Commercial Vehicles, Tech Mahindra
IIM Sambalpur	Data not available

MBA Fees for the 21 IIMs

Name of IIM	IIM MBA Fees
IIM Ahmedabad	INR 24.61 lakh
IIM Bangalore	INR 24.50 lakh
IIM Calcutta	INR 27.00 lakh
IIM Lucknow	INR 20.70 lakh
IIM Indore	INR 21.14 lakh
IIM Kozhikode	INR 20.50 lakh
IIM Shillong	INR 17.50 lakh
IIM Rohtak	INR 17.60 lakh
IIM Ranchi	INR 17.50 lakh
IIM Raipur	INR 16.10 lakh
IIM Trichy	INR 21.00 lakh
IIM Kashipur	INR 17.30 lakh
IIM Udaipur	INR 19.00 lakh
IIM Visakhapatnam	INR 17.58 lakh
IIM Bodh Gaya	INR 15.50 lakh
IIM Nagpur	INR 18.00 lakh
IIM Amritsar	INR 16.00 lakh
IIM Jammu	INR 17.15 lakh
IIM Sirmaur	INR 15.75 lakh
IIM Sambalpur	INR 13.08 lakh
IIM Mumbai	INR 21.00 lakh

Frequently Asked Questions

What is the average salary package offered at IIMs?

The average salary offered to students of the top IIMs ranges between INR 25-30 LPA and that of the new IIMs ranges between INR 14-20 LPA.

What is the highest salary package offered at IIMs?

The highest salary package offered at the top IIMs is between INR 70 LPA and INR 1 CPA.

When do IIM placements take place?

The placement process for IIMs takes place between December and February. The final reports of placement are released within July, every year.

What is the placement process at IIMs?

The placement process at IIMs consists of 3 main parts. These are Summer Placements: In the summer placements, students are recruited for internships by various companies. Some may also receive Pre Placement Offers (PPO) through these internships. Lateral Placements: In the lateral placements, the two-year MBA/PGP students having a work experience of a minimum of 18 months are recruited by companies for various positions. Final Placements: In the final placements, the final year students of MBA/PGP students are recruited for full-time jobs by companies.

What kind of roles are offered to students during IIM placements?

Every year, various companies visit the IIM campus to provide job roles in consulting, management, human resources, marketing, operations, investment banking, and more.

What are the fees of IIM for an MBA?

The fees of IIM for an MBA range between INR 15.50 lakhs to INR 27 lakhs.

Which IIM has the lowest MBA fees?

IIM Bodh Gaya has the lowest MBA fees. It has a fee of INR 15.50 lakhs

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