ICFAI Business School-IBSAT 2024
9 IBS Campuses | Scholarships Worth Rs 10 CR
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.
Free Study Material: VARC | DILR | Quant | Chapter-wise Practice MCQs
CAT 2024: 60-day study material | CAT'23 Official Question with Solutions (Slot 1, 2, 3)
Test: 20 Free Mock Test | 10 Year PYQs | Most Scoring Concepts
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 |
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.
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.
Hello Sneha
You will be allowed to use a basic on screen calculator only in CAT exam.
You will not be allowed to take a physical calculator inside the examination hall which means you are not allowed to bring your personal calculator.
This is as per the policy based on the premise that the CAT examines ones Ability to answer complicated questions .
One should be able to perform quick mental calculations and mathematical problems .
Only for intensive calculations you must use the calculator.
A CAT percentile of 90 or above can strengthen your application to MICA, it is not the only factor that determines admission.MICA considers scores of CAT and MICAT which are weighted 50–50 percent for the interview call.
Strong performance in the Pshycometric test and descriptive writing increase your chances to get into mica even if you score 80 percentile.the admission is based upon whole performance including every marks.
ALL the best!!!!
Hello,
Here you can get study material for CAT :
https://bschool.careers360.com/download/ebooks/cat-quantitative-aptitude-questions-answers-pdf
Hope it helps !
Hello aspirant,
A timetable is essential if you are preparing for the CAT in addition to your college coursework. It will give you an idea of how long it will take you to finish your syllabus and then set aside the appropriate amount of time for revision and mock exams. Without a set timetable, you risk taking your time and not completing your preparation as thoroughly as is necessary.
Thank you
Hope it helps you.
Hello Nikita,
To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:
CAT Score: 98+ percentile is an excellent score and makes one competitive.
Academic Scores:
Your 10th score at 84% is quite good.
A 12th score of 65% is on the lower side, which might hamper your chances at some of the top IIMs since they give weightage to past academic performance.
IIM Selection Criteria:
Every IIM has its own weightage for the scores of academics, CAT percentile, work experience, if any, and diversity.
For example, IIM Ahmedabad requires consistent academic records, while IIM Bangalore puts the strongest focus on work experience and diversified profiles.
Graduation: You are currently pursuing graduation, and your performance during that will also be considered in the shortlisting process.
While your CAT score is going to be the major pointer, your academic record-doing in class 12-is going to affect your prospects a bit at IIMs that place significant emphasis on your past performance. Still, you will have a healthy shot, at least at institutes like Lucknow, Kozhikode, and Indore, where a good score in CAT may offset lower marks in academics.
If you have diverse profiled extracurricular activities, leadership roles etc, or work experience, then it can build up your application further.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
9 IBS Campuses | Scholarships Worth Rs 10 CR
Ranked No. 1 Business School in India and no.35 in world by Financial Times MiM 2024 Ranking | Highest CTC: INR 81 LPA
India’s first Urban Multidisciplinary University | Case-based pedagogy
Last Date to Apply: 13th October 2024 | Ranked 21st by NIRF | NAAC A+ Accredited and Category 1 University by MHRD
Top Recruiters-Amazon, Microsoft, ITC, Marico, Mindtree & many more | Merit Scholarships available