IIM Highest Package 2024 - Highest & Average CTC, Top Recruiters

IIM Highest Package 2024 - Highest & Average CTC, Top Recruiters

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CAT Application Date:01 Aug' 25 - 20 Sep' 25

Team Careers360Updated on 28 Aug 2024, 05:51 PM IST

The IIM Highest Package has often crossed the Rs. 1 crore mark in the past few years. Candidates from top IIMs like IIM Ahmedabad, IIM Calcutta, etc have bagged the highest packages during the placement drives conducted by the respective college. The IIM highest package varies according to the impact of different factors like job role, domestic or international location, specialization of candidates, performance in the recruitment process, etc. The IIM highest package also varies for different IIMs across the country.

This Story also Contains

  1. IIM Highest Package
  2. IIM Highest Package Collegewise
  3. Specialization for IIM Highest Package
  4. Job Roles for IIM Highest Package
IIM Highest Package 2024 - Highest & Average CTC, Top Recruiters
IIM Highest Package

IIM Highest Package

The IIM's highest package is often offered for roles like Investment banking, consulting, and high-level management positions. The compensation for a few roles and specializations is always more than the others. The crucial factors that affect the IIM highest package are mentioned below.

Factors Affecting IIM Highest Package

  1. Specialization: IIM Highest Package differs as per the specialization of the program. A few specializations like IT, Operations, Finance, and marketing tend to pay more as compared to HR.

  1. Industry or Sector: The type of industry plays a vital role in determining the IIM Highest Package. 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. Individual Performance of the Candidate: The performance of a candidate in the interview or selection rounds decides the IIM Highest Package 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 IIM Highest Package. A highly demanding job market would enable candidates with high salary packages and vice versa.

IIM Highest Package Collegewise

The students from top IIMs tend to get the IIM highest package. The college-wise list for IIM's highest package is given in the table below.

IIM

IIM Highest Package

IIM Average Package

IIM Ahmedabad

Rs. 1.46 CPA

Rs. 34.45 LPA

IIM Bangalore

Rs. 1.15 CPA

Rs. 35.3 LPA

IIM Calcutta

Rs. 1.15 CPA

Rs. 35.07 LPA

IIM Lucknow

Rs. 65 LPA

Rs. 30 LPA

IIM Kozhikode

Rs. 67.02 LPA

Rs. 31.02 LPA

IIM Indore

Rs. 1.14 CPA

Rs. 30.21 LPA

IIM Shillong

Rs. 71.3 LPA

Rs. 26.96 LPA

IIM Rohtak

Rs. 36 LPA

Rs. 18.73 LPA

IIM Ranchi

Rs. 67 LPA

Rs. 35.5 LPA

IIM Raipur

Rs. 43.43 LPA

Rs. 21.04 LPA

IIM Trichy

Rs. 41.61 LPA

Rs. 20.55 LPA

IIM Kashipur

Rs. 37 LPA

Rs. 18.1 LPA

IIM Udaipur

Rs. 35.04 LPA

Rs. 20.02 LPA

IIM Nagpur

Rs. 64 LPA

Rs. 16.74 LPA

IIM Visakhapatnam

Rs. 43 LPA

Rs. 16.61 LPA

IIM Bodh Gaya

Rs. 48.58 LPA

Rs. 14.96 LPA

IIM Amritsar

Rs. 36.25 LPA

Rs. 16.51 LPA

IIM Sirmaur

Rs. 64.12 LPA

Rs. 14.45 LPA

IIM Sambalpur

Rs. 64.61 LPA

Rs. 16.74 LPA

IIM Mumbai

Rs. 54 LPA

Rs. 47.29 LPA

IIM Jammu

Rs. 64 LPA

Rs. 16.43 LPA

Specialization for IIM Highest Package

The specialization-wise distribution for IIM highest package is listed in the table given below.

Specialization

IIM Highest Package (Rs.)

Finance

70 LPA to 1 CPA

Consulting

50-90 LPA

Tech and Analytics

40-80 LPA

General Management

30-70 LPA

Marketing

30-60 LPA

Operations

25-50 LPA

Job Roles for IIM Highest Package

The Job role is crucial for deciding the salary package at IIM. The list of job roles offered the IIM highest package is mentioned in the table given below.

Job Role

IIM Highest Package (Rs.)

Investment Banker

70 LPA to 1 CPA

Management Consultant

50-90 LPA

Private Equity/ Venture Analyst

50-90 LPA

Technology Manager

40-80 LPA

Strategy Manager

30-70 LPA

Brand Manager

30-60 LPA

General Management

30-70 LPA

Sales Manager

25-50 LPA

Operations Manager

25-50 LPA

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Frequently Asked Questions (FAQs)

Q: What is the salary of an IIM fresher?
A:

The average salary of an IIM fresher is somewhere between Rs. 20 to 30 lakhs per annum. The highest salary ranges between Rs. 70 lakhs per annum to Rs. 1 crore per annum and above.

Q: Does IIM have 100% placement?
A:

Almost all the IIMs have managed to achieve a 100% placement rate. With every passing year, the recruiters as well as the salary offers have seen positive growth.

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 package?
A:

IIM Ahmedabad has the highest package of Rs. 1.46 crores per annum. IIM Bangalore and IIM Calcutta saw packages offered above Rs. 1 Crore.

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