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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.
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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 |
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.
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.
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.
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Hello,
achieving a 99.99 pecentile in the CAT exam significantly enhances your prospects for admission to JBIMS, which evaluates candidates using an application rating(AR) score, which includes
-entrance exam score (CAT/MH-CET/CMAT) : 60% weightage
-Past Academic Record (PAR) : 15% weightage (https://cracku.in/colleges/jbims/admission-process/?utm_source=chatgpt.com)
-Extra-curricular Activities/Work Experience : 20% weightage (https://jbims.edu/uploads/announcement/Revised_M_Sc__Finance_Admission_Procedure_Batch_2024-26.pdf?utm_source=chatgpt.com)
-Diversity (Academic/Gender): 5% weightage
while ahigh CAT percentile is crucial, a lower academic record may impact your overall AR score. Nonetheless, exceptional performance in other areas, such as entrance exams and extracurricular activities, can help offset weaker academic credentials. it's advisable to review JBIMS's detailed admission criteria and consider strengthening other aspects of your application to enhance your chances
Greetings! Here's a detailed response to your query
Okay, so you're a bit confused about what to put in those CAT, FMS, DSE, and IIFT forms regarding your 12th scores. Since you did CBSE, they usually only consider your final 12th standard marks.
Even though you did great in 11th, scoring 495 out of 500, for these entrance exam forms, they're specifically asking about your 12th board exam marks .You mentioned you got 400 out of 500 in 12th, which comes out to 80%.
Therefore, when filling out the forms for CAT, FMS, DSE, and IIFT, you should enter 80% as your 12th percentage. The aggregate of 11th and 12th isn't typically what they're looking for in these sections. They want to know how you performed in your final board exams. So, stick with the 80% from your 12th results. Good luck with your applications!
Greetings! Here's a detailed response to your query:-
Determination of the best time to start the journey of CAT examination is based on individual factors like your current skill level, knowledge ,potential, learning pace and availability. To give yourself the best chance of success on the CAT exam , which usually takes place in November, it's advisable to begin studying between January and March of that same year. This 8 to 12-month preparation window is widely recommended by experts. But if you're managing your college along with the CAT preparations make sure you start from 2nd year onwards. It will hep you manage stress and you'll have ample amount of time to get along with the syllabus , pattern and various practice and mocks .
You'll be able to build a strong foundation in each sections and be able to know your strengths and weaknesses in different topics. The CAT syllabus is extensive, and early preparation allows for thorough coverage. Assess your learning speed and adjust your preparation timeline accordingly.
Essentially, while the ideal start time is subjective, beginning your CAT preparation well in advance is generally considered the most effective strategy for achieving optimal results.
The CUSAT CAT previous year question papers are available on the Careers360 website. You can find question papers from 2012 to 2023, which can be downloaded in PDF format HERE
Additionally, the official website of Cochin University of Science and Technology (CUSAT) also provides previous year question papers. To access them, you can follow these steps:
- Visit the CUSAT official website - admissions.cusat.ac.in.
- Click on the resources tab from the homepage.
- Select the previous year's question papers from the drop-down menu.
- Select the Common Admission Test (CAT) question papers link.
- Now click on the B.Tech course.
By practicing with these previous year question papers, you can get familiar with the exam pattern, identify important topics, and improve your time management skills.
Hey Shathvika, that's a great question! So, you're wondering about MBA entrance exams besides the CAT , right? Absolutely, there are quite a few others you can consider in India. Here's a rundown: Xavier Aptitude Test (XAT) : XLRI Jamshedpur runs this one, and over 150 B-schools across India accept it. You'll usually find it in January. What's cool about the XAT is that it often includes sections on Decision Making and sometimes even an Essay Writing part. Management Aptitude Test (MAT) : This is conducted by the All India Management Association (AIMA). A lot of schools – over 600 in India – take MAT scores. The best part? You can take it four times a year: February, May, September, and December. Plus, you can choose between Paper-Based (PBT), Computer-Based (CBT), and even Internet-Based (IBT) options. Symbiosis National Aptitude Test (SNAP) : If you're eyeing a Symbiosis institute for your MBA, this is the one. Symbiosis International (Deemed University) conducts it, and it's usually in December. SNAP's also known for having a somewhat unique way of scoring. Common Management Admission Test (CMAT) : The National Testing Agency (NTA) conducts the CMAT. AICTE-approved institutions all over India will accept it. This one's also typically held in January. It checks you on things like quantitative skills, logical thinking, how well you understand language, and your general knowledge. NMAT by GMAC : The Graduate Management Admission Council (GMAC) is behind this exam. NMIMS and quite a few other management schools accept it. What’s interesting is that you have a 75-day window, usually from October to December, to take it. And, you can even retake it up to three times if you want to improve your score! Indian Institute of Foreign Trade (IIFT) Exam : NTA also conducts this one. If you are keen on IIFT Delhi and Kolkata, this is your ticket. Expect to take it in December. This exam puts a little more weight on questions about international business and trade. MICA Admission Test (MICAT) : MICA Ahmedabad uses this for its PGDM-C program. They hold it twice a year, generally in December and January. MICAT looks at how creative you are, how well you write, and your general abilities. Graduate Management Admission Test (GMAT) : GMAC runs the GMAT as well. Many B-schools in India, and even more worldwide, accept GMAT scores. You can take it pretty much any time of the year. People often go for the GMAT if they're thinking about executive MBA programs or schools with a focus on international business. Lovely Professional University National Entrance and Scholarship Test (LPUNEST) : LPU conducts it for admissions into its undergraduate and postgraduate programs. It's held multiple times throughout the year. It also works as a scholarship test, so doing well can get you some financial aid. So, there you have it! Each of these exams has its own quirks when it comes to structure, who can take it, and the scores you need. It’s worth digging into each one a bit to see which one fits best with what you've studied and where you want to take your career. Good luck!
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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