Great Lakes - PGDM & PGPM Admissions 2027
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The placement percentage and median salary are important factors to consider when selecting a B-school, but the companies and roles they provide are equally crucial. This article discusses a comparison of the placement performance of BLACKI IIMs, baby IIMs, and new IIMs in India. For a reliable picture, we will restrict our attention to the latest placement data reported by these institutes to the Ministry of Education and audited reports as they may exist. Let's discuss placement percentages, median salaries, companies, and roles to help in the process of making an informed B-school decision.
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The BLACKI IIMs are considered to be top MBA institutions known for their consistent placement record and academic excellence. Here is the authentic data and records submitted by the BLACKI IIMs for NIRF 2026.
IIM Bangalore: IIM Bangalore admitted 604 students; 589 graduated, and 588 were placed, while only 1 opted for higher studies. As per 2024-25, IIM Bangalore median salary is Rs. 32,61,000 with a 100% placement rate.
IIM Lucknow: IIM Lucknow has seen a total intake of 621 students, of which 617 students were actually admitted. Moreover, all 612 graduating students were placed, with none opting for higher studies, delivering a 100% placement rate. In addition to this, IIM Lucknow median salary remained around Rs. 31,00,000.
IIM Ahmedabad: The top MBA institution, IIM Ahmedabad, admitted 455 students, of which 453 were graduates and 444 students were placed, while the other 9 students opted for higher studies. This makes the IIM Ahmedabad placement rate 100% and the median salary around Rs. 33,00,000.
IIM Calcutta: 542 students were admitted to IIM Calcutta, whereas 521 students graduated and 516 were placed after the placement drive. 5 students went for higher studies, making the 100% placement rate for IIM Calcutta. Moreover, the median package for IIM Calcutta is around Rs. 35,00,000, the highest among BLACKI IIMs.
IIM Kozhikode: IIM Kozhikode student intake was around 591 students, and 585 students graduated and were placed, with no student opting for higher studies. The IIM Kozhikode placement rate is 100%, and its median package is around Rs. 27,50,000.
IIM Indore: The IIM Indore seat intake, students admitted, and eventually graduated are 633, while the students opting for higher studies are around 10, making the IIM Indore placement percentage 100%, and the median salary around Rs. 27,00,000.
When we compare the last three years' data for BLACKI IIMs, we see the number of placed students in the range of 3,202 to 3,368, which has increased over the last three years, and the placement rate remained at a constant 100%, while the median package has increased to Rs. 31,01,833.33.
Field | 2022-23 | 2023-24 | 2024-25 |
Intake | 3,329 | 3,327 | 3,443 |
Admitted (1st Year) | 3,265 | 3,305 | 3,436 |
Graduated | 3,221 | 3,285 | 3,393 |
Placed | 3,202 | 3,273 | 3,368 |
Higher Studies | 19 | 12 | 25 |
Placement % | 100% | 100% | 100% |
Placement % Against Graduated | 99.41% | 99.63% | 99.26% |
Placement % Against Admitted | 98% | 99% | 98% |
Median Salary | Rs. 29,89,500 | Rs. 29,33,333.33 | Rs. 31,01,833.33 |
The baby IIMs are IIMs with a lower CAT cutoff as compared to BLACKIs, while giving you IIM status. Candidates can check the baby IIMs placement 2026, intake, and other things in the points below.
IIM Bodh Gaya: IIM Bodh Gaya has recorded a total student intake and admission of around 446, while the graduates were 438, of which placed students came down to 434, as 4 students opted for higher education. This made the IIM Bodh Gaya placement rate 100% and the median salary around Rs. 12,10,000.
IIM Amritsar: Like IIM Bodh Gaya, the student intake and admitted was same for IIM Amritsar, that is, 320 students. However, 318 students graduated, and eventually 310 were placed after deducting 08 students opting for higher studies. The total placement rate came down to 100%, and IIM Amritsar median CTC stood at Rs. 12,29,000.
IIM Sirmaur: As per data submitted by IIM Sirmaur, the total student intake was around 320, of which 312 students were admitted. Whereas, 295 students graduated and 293 were placed, as 2 students went for higher education. The IIM Sirmaur placement rate is 100%, while the median salary is around Rs. 14,20,000 after completing the MBA program.
IIM Visakhapatnam: According to data submitted by IIM Visakhapatnam, the total number of students intake, admission, and graduates was around 375 students. While 365 students were placed, out of which 1 opted for higher studies. The IIM Visakhapatnam placement rate is 98%, whereas the median package is around Rs. 15,00,000.
IIM Sambalpur: IIM Sambalpur's total student intake was around 319, whereas 314 students were admitted and graduated by the institution. Out of 314 students, 312 students were placed, while 02 opted for higher studies. Following this, the IIM Sambalpur placement rate is 100%, and the IIM Sambalpur median CTC is around Rs. 15,02,692.
IIM Jammu: In the case of IIM Jammu, the total number of students admitted, graduated, and placed was 255 students, leaving no student opting for higher studies or unplaced. This makes the placement rate for IIM Jammu at 100%, and the median package is around Rs. 15,80,000.
IIM Nagpur: The student intake by IIM Nagpur was around 270 students, of which 269 students were admitted, and 267 students graduated. Moreover, the number of placed students was 264. While 03 students went for higher education. This makes the IIM Nagpur placement rate 100% and the IIM Nagpur median salary around Rs. 17,03,700.
The baby IIMs have recorded an average median salary of Rs. 14,49,627.43, which is less than half of the BLACKI IIMs. Moreover, the total seat intake is around 2,305, and 2,291 were admitted, while 2,233 were placed after the MBA program. The total MBA placement rate is 100%, whereas the median package saw a slight decline of 6-7%, as compared to 2022-23.
Field | 2022-23 | 2023-24 | 2024-25 |
Intake | 1,654 | 1,873 | 2,305 |
Admitted (1st Year) | 1,624 | 1,850 | 2,291 |
Graduated | 1,588 | 1,803 | 2,262 |
Placed | 1,562 | 1,763 | 2,233 |
Higher Studies | 20 | 29 | 20 |
Placement % | 100% | 99% | 100% |
Placement % Against Graduated | 98.36% | 97.78% | 98.72% |
Placement % Against Admitted | 96.18% | 95.30% | 97.47% |
Median Salary | Rs. 15,45,000 | Rs. 14,46,143 | Rs. 14,49,627.43 |
The new IIMs are the IIMs that have come up in the recent past in multiple cities and locations across the country. Interested candidates can check the placement data related to new IIMs in the following points.
IIM Kashipur: The total student intake was around 480 students, while 469 students were admitted and 467 graduated after completion of the MBA program. Out of the graduated students, 465 were placed, while 02 students went for higher studies. This makes the placement rate of IIM Kashipur 98%, and the median package is Rs. 14,46,000.
IIM Udaipur: IIM Udaipur admitted 361 students in 2023-24, of which 328 students graduated. In addition to this, 325 students were placed, making the placement rate of 99% for IIM Udaipur. Moreover, the IIM Udaipur median package is Rs. 17,09,802 in 2024-25.
IIM Ranchi: IIM Ranchi delivered 100% placement, as all 333 graduating students were placed after completion of the MBA program. Moreover, the student intake was 380, while 334 students were admitted for the program. In addition to this, IIM Ranchi's median package is Rs. 17,91,000.
IIM Trichy: 414 students were admitted to IIM Trichy, of which 397 students graduated, and eventually 383 students were placed. The institution recorded a 96% placement rate, while the IIM Trichy median package is around Rs. 18,00,000.
IIM Raipur: The total students admitted to IIM Raipur were around 388, while 341 students graduated and 328 were placed through the IIM Raipur placement drive. Moreover, the placement rate is around 96%, whereas the IIM Raipur median package is Rs. 18,40,000.
IIM Shillong: IIM Shillong has been consistent, as the median salary has remained in the range of Rs. 25,00,000 to Rs. 26,00,000. The IIM Shillong median salary 2024-25 is around Rs. 25,00,000, complemented by a 100% placement rate, as all 382 students admitted were placed at the end of the MBA program.
The new IIMs have recorded a decline in the average median package from Rs. 19,48,707.33 in 2022-23 to Rs. 18,71,680.67 in 2023-24 to further Rs. 18,47,800.33 in 2024-25. Moreover, the placement rate has also come down to 98% as compared to 100% in previous years.
Field | 2022-23 | 2023-24 | 2024-25 |
Intake | 1,837 | 2,091 | 2,324 |
Admitted (1st Year) | 1,964 | 2,064 | 2,348 |
Graduated | 1,881 | 1,942 | 2,248 |
Placed | 1,881 | 1,929 | 2,206 |
Higher Studies | 0 | 3 | 2 |
Placement % | 100% | 100% | 98% |
Placement % Against Graduated | 100% | 99.33% | 98.13% |
Placement % Against Admitted | 95.77% | 93.46% | 93.95% |
Median Salary | Rs. 19,48,707.33 | Rs. 18,71,680.67 | Rs. 18,47,800.33 |
As per the IIM data submitted to the Ministry of Education for NIRF 2026 ranking, the median salary of BLACKI IIMs is far better than the baby IIMs and New IIMs. Whereas the new IIMs are doing better than baby IIMs in terms of placement and median packages. You can check the overall data for all the BLACKI IIMs vs baby IIMs vs new IIMs in the table below.
Field | Black IIM | Baby IIM | New IIM |
Intake | 3,443 | 2,305 | 2,324 |
Admitted (1st Year) | 3,436 | 2,291 | 2,348 |
Graduated | 3,393 | 2,262 | 2,248 |
Placed | 3,368 | 2,233 | 2,206 |
Higher Studies | 25 | 20 | 2 |
Placement % | 100% | 100% | 98% |
Placement % Against Graduated | 99.26% | 98.72% | 98.13% |
Placement % Against Admitted | 98% | 97.47% | 93.95% |
Median Salary | Rs. 31,01,833.33 | Rs. 14,49,627.43 | Rs. 18,47,800.33 |
On Question asked by student community
Hello Student,
With a CAT 2025 percentile of 98.25, you have a good chance of receiving calls from several IIMs, particularly newer IIMs. However, IIM Ahmedabad , Bangalore , Calcutta , and Lucknow generally require higher percentiles for General-category candidates. Calls also depend on sectional percentiles, academics, work experience, and
Hello CAT Aspirant!
If you mean the CAT ( Common Admission Test) EWS certificate, the important point is whether the certificate is valid and issued in the prescribed format, rather than simply the language used on it.
Yes, a Hindi EWS certificate can generally be accepted for CAT, provided it
If you have already received your final MA result and have technically completed the degree , but you are only waiting for the revaluation outcome, you would generally be considered a graduate rather than someone whose master's degree is still completely in progress. However, CAT has specific instructions about qualification
If you mean CAT (Common Admission Test) preparation, you can practise with previous-year CAT papers. IIM has a collection of CAT papers from 2017 to 2025, covering VARC, DILR and Quant across different slots, along with solutions and explanations. Solving the recent papers first can help you understand the current
Hello Student,
Yes, you can apply for CAT with an EWS certificate issued in Hindi, provided it is issued by the competent authority and follows the required format. However, CAT applicants need a Central-level EWS certificate, not merely a state-level EWS certificate. Since you are from Uttar Pradesh, ensure your
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