Average Package of IIM: Salaries and Placement Insights for Top B-Schools

Average Package of IIM: Salaries and Placement Insights for Top B-Schools

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Alen Tom ShajiUpdated on 20 Feb 2025, 05:51 PM IST

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.

This Story also Contains

  1. Average Package of IIM
  2. Collegewise Average Package of IIM
  3. Average package of IIM for different specializations
  4. Average Package of IIM for Different Job Roles
Average Package of IIM: Salaries and Placement Insights for Top B-Schools
Average Package of IIM

Average Package of IIM

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.

Factors Affecting the Average Package of IIM

  1. 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.

  1. 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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  1. 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.

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  1. 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.

  1. 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.

  1. 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.

Collegewise Average Package of IIM

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

IIM Bangalore

Rs. 35.3 LPA

Rs. 1.15 CPA

IIM Calcutta

Rs. 35.07 LPA

Rs. 1.15 CPA

IIM Lucknow

Rs. 30 LPA

Rs. 65 LPA

IIM Kozhikode

Rs. 31.02 LPA

Rs. 67.02 LPA

IIM Indore

Rs. 30.21 LPA

Rs. 1.14 CPA

IIM Shillong

Rs. 26.96 LPA

Rs. 71.3 LPA

IIM Rohtak

Rs. 18.73 LPA

Rs. 36 LPA

IIM Ranchi

Rs. 35.5 LPA

Rs. 67 LPA

IIM Raipur

Rs. 21.04 LPA

Rs. 43.43 LPA

IIM Trichy

Rs. 20.55 LPA

Rs. 41.61 LPA

IIM Kashipur

Rs. 18.1 LPA

Rs. 37 LPA

IIM Udaipur

Rs. 20.02 LPA

Rs. 35.04 LPA

IIM Nagpur

Rs. 16.74 LPA

Rs. 64 LPA

IIM Visakhapatnam

Rs. 16.61 LPA

Rs. 43 LPA

IIM Bodh Gaya

Rs. 14.96 LPA

Rs. 48.58 LPA

IIM Amritsar

Rs. 16.51 LPA

Rs. 36.25 LPA

IIM Sirmaur

Rs. 14.45 LPA

Rs. 64.12 LPA

IIM Sambalpur

Rs. 16.74 LPA

Rs. 64.61 LPA

IIM Mumbai

Rs. 47.29 LPA

Rs. 54 LPA

IIM Jammu

Rs. 16.43 LPA

Rs. 64 LPA

Average package of IIM for different specializations

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

Average Package of IIM for Different Job Roles

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)

Q: Which IIM has the best package?
A:

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.

Q: Does IIM offer international placements?
A:

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.

Q: Which IIM has the highest average package?
A:

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.

Q: What is the average salary of IIM?
A:

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.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.

Hello dear candidate,

YES, with NEET score 344in the ST category you have high chances of getting admission in a BDS College in J&K through JKBOPEE counselling.

check the seat availability and next participate in JKBOPEE Counselling with all the necessary documents.

Thank you.