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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.
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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.
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.
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.
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.
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.
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 IIM Highest Package. A highly demanding job market would enable candidates with high salary packages and vice versa.
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 |
Rs. 1.15 CPA | Rs. 35.3 LPA | |
IIM Calcutta | Rs. 1.15 CPA | Rs. 35.07 LPA |
Rs. 65 LPA | Rs. 30 LPA | |
Rs. 67.02 LPA | Rs. 31.02 LPA | |
Rs. 1.14 CPA | Rs. 30.21 LPA | |
Rs. 71.3 LPA | Rs. 26.96 LPA | |
Rs. 36 LPA | Rs. 18.73 LPA | |
Rs. 67 LPA | Rs. 35.5 LPA | |
Rs. 43.43 LPA | Rs. 21.04 LPA | |
Rs. 41.61 LPA | Rs. 20.55 LPA | |
Rs. 37 LPA | Rs. 18.1 LPA | |
Rs. 35.04 LPA | Rs. 20.02 LPA | |
Rs. 64 LPA | Rs. 16.74 LPA | |
Rs. 43 LPA | Rs. 16.61 LPA | |
Rs. 48.58 LPA | Rs. 14.96 LPA | |
Rs. 36.25 LPA | Rs. 16.51 LPA | |
Rs. 64.12 LPA | Rs. 14.45 LPA | |
Rs. 64.61 LPA | Rs. 16.74 LPA | |
Rs. 54 LPA | Rs. 47.29 LPA | |
Rs. 64 LPA | Rs. 16.43 LPA |
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 |
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 |
Frequently Asked Questions (FAQs)
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.
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.
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.
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.
On Question asked by student community
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