Placements in IIMs
CL Team April 07 2020
Thinking of doing an MBA? One starts imagining a lucrative job offer at the end of the course and the start of a thriving career. While choosing a B-School, almost every aspirant looks for a brand name, specializations offered, alumni network, pedagogy, faculty, etc. Two factors precede these—Course Fee and Placements. For most candidates, Return on Investment (ROI) is an important parameter in evaluating a B-School. ROI, simply put, is the average or median salary post-MBA over the cost incurred in completing the course.
Placements and ROI, being quantifiable, become key deciding factors in choosing colleges. Placements mark the transition from student life to corporate life—a journey from being a student to an evolved business leader/manager. A strong start with significant compensation is always desirable. Also, keep in mind that placement is a function of opportunities and how well those opportunities are converted.
For aspirants preparing for CAT, Career Launcher CAT classes in Pune offer expert guidance and a structured approach to help students secure top B-school admissions.
Placements in IIMs can be broadly categorized into the following:
- Summer Placements: Organized for first-year students during October/November for internships in April-May (after the first year). Internships play a crucial role in Pre-Placement Offers (PPOs) and impact final placements significantly.
- Lateral Placements: Usually held in January-February for students with over two years of work experience before joining the MBA program. These students are recruited for mid-level managerial positions.
- Final Placements: Conducted in February-March, driven by academic performance, internships, and projects undertaken during the two-year MBA. Extra-curricular achievements, past academics, and prior work experience also play a vital role.
At Career Launcher CAT classes in Pune, students are equipped with comprehensive study material, mock tests, and personalized mentoring to boost their chances of securing admission to premier IIMs and top business schools.
Below are the placement statistics of various IIMs:
| Name of IIM | Highest Salary (LPA) | Average Salary (LPA) |
|---|---|---|
| IIM Ahmedabad | 70 | 25.83 |
| IIM Bangalore | - | 25.54 |
| IIM Calcutta | - | 25.36 |
| IIM Kozhikode | 40.50 | 23.74 |
| IIM Indore | 40.50 | 20.79 |
| IIM Jammu | 20 | 11.2 |
| IIM Sirmaur | 16 | 9.2 |
| IIM Rohtak | 24.13 | 11.85 |
| IIM Amritsar | 21 | 12.20 |
| IIM Kashipur | 28 | 12.17 |
| IIM Udaipur | 27.50 | 13.20 |
| IIM Nagpur | 19 | 12.35 |
| IIM Tiruchirappalli | 35.15 | 14.91 |
| IIM Visakhapatnam | 22 | 12.61 |
| IIM Sambalpur | 20 | 11.3 |
| IIM Raipur | 24.06 | 15.26 |
| IIM Ranchi | 26 | 15.02 |
| IIM Bodh Gaya | 16 | 10.09 |
| IIM Shillong | 28 | 16.79 |
Salary offered (CTC) may include the following components:
- Fixed yearly cash component
- One-time cash payment (joining bonus)
- Variable pay and other incentives
- Retention bonus (usually paid after a few years)
Besides the cash component, CTC may also include non-cash benefits like ESOPs, medical insurance, and other perks.
Top recruitment domains in IIMs include:
- Consulting
- Finance
- General Management
- Product/Category Management
- Marketing/Sales
- Business Development
Placements at old IIMs are exceptional, especially for the top 30% of the batch. The middle 30% receive very strong placement offers, while the remaining students may face a more competitive job market.
Ultimately, placements reflect the effort and hard work put in during the two-year MBA journey. A strong start to one’s career is crucial—“Well begun is half done.”
For aspiring MBA candidates, Career Launcher CAT classes in Pune ensure a solid foundation, rigorous training, and expert mentorship to maximize success in IIM admissions and future career growth.
