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Average package of IIM is between Rs. 16 to 35 lakhs per annum. The average package of IIM varies from one IIM college to another. For the more prestigious IIMs, the average package generally lies on the higher end of the average salary spectrum and vice versa. However, the placement rate of almost all the IIMs has always been 100%. Apart from that the highest package of IIM is 1.46 crores per annum offered at IIM Ahmedabad. The median package of IIM is somewhere around Rs. 25 lakhs per annum. Top companies from all over the world visit IITs every year to recruit the best management students for different job roles.
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The average package of IIM is different according to the specialization of students and the job role they are responsible for. Students at IIMs also get placed internationally. The list of factors that influence the average package of IIM is discussed below.
Specialization: The average package of IIM differs as per the specialization of the program. A few MBA specializations in IIM are IT, Operations, Finance, and marketing tend to pay more as compared to HR.
Industry or Sector: The type of industry also plays a vital role in determining the Average package of IIM. Industries like finance, consulting, and IT offer a higher starting salary.
Job Role Offered: The particular job role for which a candidate is hired decides what would be the salary package for it. Management and Analyst roles have a higher salary package.
Performance of the Candidate: The performance of a candidate in the interview or selection rounds decides the Average package of IIM they would be getting upon getting selected for the applied role.
Job Location: An international location generally tends to pay more than a domestic one. Especially getting placed for a role in tier-one countries like the United States, Canada, and Australia can give a substantial boost to one's career.
Condition of Job Market: The underlying job market is crucial for the Average package of IIM. A highly demanding job market would enable candidates with high salary packages and vice versa.
The average package of IIM significantly varies from one IIM to another. The average package of all the IIMs is given in the table below.
IIM | IIM Average Package | IIM Highest Package |
IIM Ahmedabad | Rs. 34.45 LPA | Rs. 1.46 CPA |
Rs. 35.3 LPA | Rs. 1.15 CPA | |
Rs. 35.07 LPA | Rs. 1.15 CPA | |
Rs. 30 LPA | Rs. 65 LPA | |
Rs. 31.02 LPA | Rs. 67.02 LPA | |
Rs. 30.21 LPA | Rs. 1.14 CPA | |
Rs. 26.96 LPA | Rs. 71.3 LPA | |
Rs. 18.73 LPA | Rs. 36 LPA | |
Rs. 35.5 LPA | Rs. 67 LPA | |
Rs. 21.04 LPA | Rs. 43.43 LPA | |
Rs. 20.55 LPA | Rs. 41.61 LPA | |
Rs. 18.1 LPA | Rs. 37 LPA | |
Rs. 20.02 LPA | Rs. 35.04 LPA | |
Rs. 16.74 LPA | Rs. 64 LPA | |
Rs. 16.61 LPA | Rs. 43 LPA | |
Rs. 14.96 LPA | Rs. 48.58 LPA | |
Rs. 16.51 LPA | Rs. 36.25 LPA | |
Rs. 14.45 LPA | Rs. 64.12 LPA | |
Rs. 16.74 LPA | Rs. 64.61 LPA | |
Rs. 47.29 LPA | Rs. 54 LPA | |
Rs. 16.43 LPA | Rs. 64 LPA |
The average package of IIM for different specializations is listed in the table given below.
Specialization | Average Package of IIM (Rs.) |
Finance | 25-35 LPA |
Consulting | 28-35 LPA |
Human Resource | 18-25 LPA |
General Management | 22-30 LPA |
Marketing | 20-30 LPA |
Operations | 18-25 LPA |
The job role that is offered majorly affects the average package of IIM. The average package of IIMs for different job roles is mentioned in the table given below.
Job Role | IIM Average Package (Rs.) |
Investment Banker | 30-40 LPA |
Management Consultant | 28-35 LPA |
Financial Analyst | 25-35 LPA |
Operations Manager | 18-25 LPA |
Marketing Manager | 20-30 LPA |
Product Manager | 22-30 LPA |
General Manager | 22-30 LPA |
Human Resource Manager | 18-25 LPA |
Frequently Asked Questions (FAQs)
Overall IIM Ahmedabad has the best package. The highest package at IIM Ahmedabad was Rs. 1.46 crores per annum while the average package was Rs. 34.45 lakhs per annum.
IIM has many foreign companies coming to hire especially for international job roles. Every year many candidates get hired for different foreign placements in IIM. Most of these companies are based out of the tier 1 world countries.
As per the placement reports for the latest batch the IIM Bangalore has the highest average package among all the IIMs. The average package offered at IIM Bangalore was Rs. 35.3 lakhs per annum.
The average salary of IIM is between Rs. 16 to 35 lakhs per annum. The average package of IIM varies from one IIM to another. The median package of IIM is somewhere around Rs. 25 lakhs per annum.
On Question asked by student community
Hey there,
If you mean your MBA counselling seat-allotment letter, the exact download process depends on the counselling authority.
Usually:
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Yes, MBBS and BDS seats are available through Kendriya Sainik Board Secretariat (KSB) for wards of categories of Defence personnel. You can check more at ksb.gov.in/admission-mbbs-bds-colleges.htm.htm
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