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

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

    Updated 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

    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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