Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
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.
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.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
180+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
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 Greetings,
With a CAT 2024 score of 93.94 percentile, you can expect calls from newer IIMs like *IIM Udaipur*, *IIM Raipur*, and *IIM Kashipur*. These institutes have relatively lower cutoffs compared to the older IIMs. Additionally, you may also consider other top MBA colleges like *IIT Madras*, *IIT Roorkee*, or *IIT Kharagpur*, which offer MBA programs with slightly lower cut-offs. To get a better idea of your chances, you can use online CAT College Predictor tools, which estimate the probability of receiving interview calls from different IIMs and other top MBA colleges based on your CAT percentile and academic background .
Have a great day
Hi,
With a CAT 2024 score of 93.94 percentile, you have a good chance of getting calls from several prestigious IIMs. Here are some possibilities
IIMs:
- IIM Indore: 90 percentile (General Category)
- IIM Ahmedabad: 80 percentile (General Category)
- IIM Bangalore: 85 percentile (General Category)
- IIM Calcutta: 85 percentile (General Category)
- IIM Lucknow: 90 percentile (General Category)
- IIM Kozhikode: 85 percentile (General Category)
- IIM Shillong: Sectional Cutoffs
Other Top B-Schools:
- SPJIMR (S.P. Jain Institute of Management and Research): 90-95 percentile
- MDI Gurgaon (Management Development Institute): 90-95 percentile
- XIME (Xavier Institute of Management and Entrepreneurship): 90-95 percentile
- FMS Delhi (Faculty of Management Studies): 95-99 percentile
- IIT Delhi and IIT Bombay: 90-99 percentile
These are general estimates and cutoffs can vary each year based on the difficulty of the exam and the number of applicants. It's always a good idea to check the official websites of these institutes for the most accurate and updated information.
Hello,
Given that you scored 93.94 percentile for CAT 2024, you should get interview calls from some of the newer and baby IIMs in Nagpur, IIM Amritsar, IIM Bodh Gaya, IIM Sambalpur, IIM Sirmaur, and IIM Jammu. The list will be pre- cut based on your academic profile, work experience, category, and performance in other criteria like WAT/PI.
In addition to IIMs, you may also consider the top B-schools like IMT Ghaziabad, XIM Bhubaneswar, TAPMI, Great Lakes Institute of Management, FORE School of Management, and KJ Somaiya. All these institutes have good placements and are known for quality management education.
Use the CAT college predictor to explore more of your options. This predicts colleges considering your score, profile, and category, and tools that provide a comprehensive list of institutes that you can consider applying for.
Hi,
Based on the previous year analysis, According to your CAT 2024 percentile you have chances to get call from some of the IIM including:
Some of the good colleges other than IIM in which you have chances to get a seat are the following
You can predict the colleges in which you have chance to get a seat for MBA course using the CAT 2024 college predictor tool.
Hope this information will help you
Based on your CAT and NMAT scores, here's a suggested preference order for the colleges you've applied to, keeping in mind that MBA Finance specializations often have specific cutoffs:
You must make considerations on specialization, placements, faculty, curriculum and campus life and go for the college that you believe suits you the best.
All the very best!
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
180+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
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