Careers360 Logo
ask-icon
share
    Baby IIM Salary 2026: Is the IIM Tag Still Enough? 6 of 9 IIMs Report Lower Salaries While BLACKI Grows

    Baby IIM Salary 2026: Is the IIM Tag Still Enough? 6 of 9 IIMs Report Lower Salaries While BLACKI Grows

    Switch toEnglish IconHindi Icon
    Suvam MaitiUpdated on 16 Jul 2026, 12:52 AM IST
    Switch toEnglish IconHindi Icon

    The three letters-IIM-have long been synonymous with premium IIM placements, lucrative IIM salary packages and unmatched career opportunities. However, the latest IIM placement data suggests that the IIM tag alone may no longer guarantee high salary packages, especially among the newer or Baby IIMs. The latest Baby IIM placement data raises some uncomfortable questions. While the BLACKI IIM median salary rose round 3.67% , most of the Baby IIMs moved in the opposite direction. According to the placement data for the 2023-25 MBA batch, the average Baby IIM median salary declined by 6.57% compared to the 2021-23 and 2022-24 batches. While premier IIMs (BLACKI) recorded a 3.76% increase in median salary, six out of the nine Baby IIMs reported lower median salaries. The sharpest declines were witnessed by IIM Bodh Gaya (-21.81%), IIM Amritsar (-19.07%), and IIM Kashipur (-15.93%).
    LATEST Official FMS Placement Numbers Don't Match | MBA Colleges with 0% placement | 57% non-engineers in IIM Udaipur this year

    This Story also Contains

    1. Baby IIM Salary 2026: Highlights
    2. Baby IIM Median Salary Declines 6.57%; 6 out of 9 IIMs Witness a Drop
    3. Baby IIM CTC: IIM Bodh Gaya, Amritsar and Kashipur Record the Sharpest Salary Declines
    4. Baby IIM Salary 2026: IIM Sirmaur Emerges as the Bright Spot with 12.61% Salary Growth
    5. Baby IIMs ROI 2023-2025
    Baby IIM Salary 2026: Is the IIM Tag Still Enough? 6 of 9 IIMs Report Lower Salaries While BLACKI Grows
    Baby IIM Salary 2026: Is the IIM Tag Still Enough? 6 of 9 IIMs Report Lower Salaries While BLACKI Continues to Grow

    Baby IIM Salary 2026: Highlights

    • Average median salary declined to Rs.14.94 LPA, down 6.57% from Rs.15.99 LPA.
    • 6 out of 9 Baby IIMs reported lower median salaries.
    • IIM Bodh Gaya witnessed the biggest decline (-21.81%).
    • IIM Amritsar median salary fell by 19.07%.
    • IIM Kashipur median salary declined by 15.93%.
    • IIM Sirmaur posted the highest growth (+12.61%).
    • IIM Trichy recorded the highest median salary among Baby IIMs at Rs.18 LPA.
    • IIM Bodh Gaya had the lowest median salary at Rs.12.12 LPA.

    Baby IIM Median Salary Declines 6.57%; 6 out of 9 IIMs Witness a Drop

    Baby IIMs salary paints a concerning picture. An analysis of NIRF placement data shows that the average median salary declined by 6.57% between the 2021-23 and 2023-25 MBA batches, with six of the nine Baby IIMs reporting lower median pay. The sharpest decline was recorded by IIM Bodh Gaya, where the median CTC dropped by 21.81%, followed by IIM Amritsar (-19.07%) and IIM Kashipur (-15.93%).

    Amity University-Noida MBA Admissions 2026

    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    UPES MBA Admissions 2026

    Last Date to Apply: 31st July | Ranked #36 amongst institutions in Management by NIRF | 100% Placement

    The overall decline would have been even steeper had it not been for IIM Sirmaur, which emerged as a notable exception by recording a 12.61% increase in median salary. Despite the slowdown, IIM Trichy continues to lead the Baby IIMs with the highest median salary of Rs. 18 LPA, while IIM Bodh Gaya reported the lowest at Rs. 12.12 LPA, highlighting the growing disparity in placement outcomes within the Baby IIMs.

    Past 10 years CAT Question Papers with Solutions
    Ace CAT with confidence! Download the Past 10 Years' CAT Question Papers with detailed answers to understand exam trends, improve accuracy, and maximize your percentile.
    Download Ebook

    Baby IIMs Median Salary

    2023-25 (Rs.)

    2022-24 (Rs.)

    2021-23 (Rs.)

    Baby IIMs Median Salary Growth or Decrease %

    IIM Vizag

    15.00

    15.50

    16.00

    - 6.25%

    IIM Nagpur

    17.03

    16.00

    16.85

    +1.07%

    IIM Bodh Gaya median CTC

    12.12

    13.00

    15.50

    -21.81 %

    IIM Sambalpur

    15.02

    13.15

    16.00

    -6.13%

    IIM Sirmaur

    14.20

    12.98

    12.61

    +12.61%

    IIM Amritsar median CTC

    12.90

    15.60

    15.94

    -19.07%

    IIM Jammu

    15.80

    15.00

    15.25

    +3.61%

    IIM Kashipur median CTC

    14.46

    15.03

    17.20

    -15.93%

    IIM Trichy median CTC

    18.00

    18.10

    18.60

    -3.23%

    Baby IIM Average Median Salary

    14.94

    14.92

    15.99

    -6.57%

    *Figures in LPA

    Read More: Old IIMs vs New IIMs vs Baby IIMs

    Baby IIM CTC: IIM Bodh Gaya, Amritsar and Kashipur Record the Sharpest Salary Declines

    Out of the nine Baby IIMs, six baby IIMs reported lower median salaries for the 2023-25 batch compared to 2021-23 and 2022-24 batches. Overall these Baby IIMs witnessed a decrease of 11.85% in the IIM median salaries as it went down from the Rs. 16.54 LPA to Rs. 14.58 LPA. IIM Bodhgaya median CTC took the highest hit, which went down by 21.81%, followed by IIM Amritsar median salary which decreased by 19.07% and IIM Kashipur whose median salary plunged by around 15%.

    Baby IIMs Median Salary 2026

    2023-25 (Rs.)

    2022-24 (Rs.)

    2021-23 (Rs.)

    %

    IIM Vizag median salary

    15.00

    15.50

    16.00

    - 6.25%

    IIM Bodh Gaya median salary

    12.12

    13.00

    15.50

    -21.81 %

    IIM Sambalpur median Salary

    15.02

    13.15

    16.00

    -6.13%

    IIM Amritsar median salary

    12.90

    15.60

    15.94

    -19.07%

    IIM Kashipur median salary

    14.46

    15.03

    17.20

    -15.93%

    IIM Trichy median salary

    18.00

    18.10

    18.60

    -3.23%

    Baby IIM Average Median Salary

    14.58

    15.06

    16.54

    -11.85%

    IBSAT 2026-ICFAI Business School MBA/PGPM 2027

    NAAC A++ Grade | AACSB Accredited | 75,000+ Alumni

    XAT- Xavier Aptitude Test 2027

    75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools

    *Figures in LPA

    Baby IIM Salary 2026: IIM Sirmaur Emerges as the Bright Spot with 12.61% Salary Growth

    While most of the baby IIMs have witnessed the downfall in the IIM Median CTC, IIM Sirmaur is one of those few IIMs whose median salary witnessed the upward trends among the baby IIMs. Compared to 2021-23 and 2022-24, IIM Simraur median salary increased by 12.61% reaching to Rs 14.20 LPA. The other two Baby IIMs whose median salary increased within the said period was IIM Nagpur and IIM Jammu.

    Baby IIMs Median Salary 2026

    2023-25 (Rs.)

    2022-24 (Rs.)

    2021-23 (Rs.)

    %

    IIM Nagpur median salary

    17.03

    16.00

    16.85

    +1.07%

    IIM Sirmaur median salary

    14.20

    12.98

    12.61

    +12.61%

    IIM Jammu median salary

    15.80

    15.00

    15.25

    +3.61%

    Baby IIM Average Median Salary

    15.67

    14.66

    14.90

    +5.17%

    *Figures in LPA

    Baby IIMs ROI 2023-2025

    Baby IIMs ROI ranged between 0.71x to 1.15x. Out of all the baby IIMs, IIM Sambalpur has a highest ROI of 1.15x. In contrast, IIM Bodh Gaya recorded the lowest ROI (0.71x), reflecting both a lower median salary and relatively higher programme cost.

    Baby IIMs 2026

    Baby IIMs Fees 2023-25 (Rs.)

    Median Salaries
    2023-25 (Rs.)*

    ROI

    IIM Vizag

    18.25 Lakhs

    15.00

    0.82x

    IIM Amritsar

    17.30 Lakhs

    12.90

    0.75x

    IIM Bodh Gaya

    17.00 Lakhs

    12.12

    0.71x

    IIM Sambalpur

    13.08 Lakhs

    15.02

    1.15x

    IIM Kashipur

    17.30 Lakhs

    14.46

    0.84x

    IIM Sirmaur

    16.00 Lakhs

    14.20

    0.89x

    IIM Jammu

    19.50 Lakhs

    15.80

    0.81x

    IIM Trichy

    19.50 Lakhs

    18.00

    0.92x

    IIM Nagpur

    17.30 Lakhs

    17.03

    0.98x

    *Figures in LPA

    For years, the IIM tag has been viewed as a near-guaranteed pathway to a high-paying career. But the latest placement numbers from the Baby IIMs suggest that the equation is becoming more complex. If six out of nine newer IIMs are witnessing a decline in median salaries despite charging Rs. 15–20 lakh for an MBA, aspirants need to ask a difficult question: Is getting into any IIM enough, or does the top ones matter more than ever? For students investing two years, significant fees, and an opportunity cost, the real decision may no longer be “IIM vs non-IIM” but “which IIM offers the best placement quality, recruiter mix, alumni network, and ROI?” The Baby IIMs still offer valuable opportunities, but the data is a reminder that an MBA should be evaluated not just as a degree, but as a long-term career investment.

    Articles
    |
    Upcoming Bschool Exams
    Certifications By Top Providers
    Online MBA
    Via Guru Jambheshwar University of Science and Technology, Hisar
    Corporate Tax Planning
    Via Netaji Subhash Open University, Kolkata
    Strategic Management
    Via Indian Institute of Management Bangalore
    Online MBA Business Analytics
    Via Centre for Distance and Online Education, Anna University, Chennai
    Digital Marketing
    Via Panjab University, Chandigarh
    Online MBA
    Via Centre for Distance and Online Education, Anna University, Chennai
    Explore Top Universities Across Globe

    Questions related to CAT

    On Question asked by student community

    Have a question related to CAT ?

    Hello Dear Student,
    An SC rank of 82 in a Common Entrance Test (CET) is highly competitive and typically guarantees admission into top-tier state universities, central universities, or highly-ranked private institutions. Whether a specific seat is currently available depends directly on the exact university's counselling schedule. Many institutes require you

    If by OC you mean Open Category/General category in India, and you have 95%+ throughout your academics (Class 10, Class 12, and graduation) , then your CAT percentile target depends on the B-schools you're aiming for.

    Here's a general guideline:

    Target B-school Safe CAT Percentile (General Category)
    Indian Institute of

    Hello Dear Student,

    Low-Tier IIIT CSE vs Jadavpur University B.Arch (for MBA Aspirants)

    If your primary goal is to pursue an MBA later, switching from CSE at a lower-tier IIIT to B.Arch at Jadavpur University solely for academic diversity is generally not the best strategy.

    B.Arch and MBA Preparation

    • B.Arch

    Hello Dear Student,

    EWS eligibility for CAT 2025-26 hinges on current financial records, but a renewed certificate is required for final IIM admissions. If future income exceeds the 8 lakh threshold, candidates will likely lose EWS status and be reclassified to the General category rather than facing seat cancellation.

    Hope

    Hello Dear Student,
    With a Practical Quota rank of 1378 under the Category-1 Rural quota, you have a strong chance of securing a B.Sc. Agriculture seat at the College of Agriculture, Dharwad under UAS Dharwad.

    Based on previous admission trends, the cutoff ranks for Category-1 Rural candidates under the Farm