IIM Placements, Salary Package & Recruiting Companies
IIM Placements, Salary Package & Recruiting Companies - Ever thought what allures candidates to take admission in IIMs? Is it their reputation? Or campus? Or unique specializations? No second thought that these definitely are important. However, the most important part for which candidates prefer IIMs is the placement record. Yes, IIMs till date have offered as high as Rs. 70-80 Lacs per annum package to candidates. Apart from final placement opportunities, IIMs also provide great opportunities for internships. Yes, IIMs don’t offer only post completion offers, but pre-placement offers are also made to candidates who are still pursuing their managerial courses. IIMs aim to offer various managerial roles in public and private sectors to candidates pursuing PGP courses. Careers360 in this article aims to provide complete details on IIM Placements (All campuses), top recruiting companies, IIM salary package as well as how to get into top management colleges of India. Indian Institute of Management or IIM call it, either way, is considered a top managerial institute that aims to provide quality education and make ready the future managers.
Latest: CAT registration 2020 correction window opened from September 27. IIM Indore Introduces change in CAT 2020 exam pattern
IIM Placement Process
IIM Placements can be divided into three major divisions after keeping in track the past records. The divisions have been made with reference to candidates who are in the first year, candidates who have prior work experience and candidates who are graduating.
Placement Process of IIM:
November to December
January to February
Prior experience candidates
February to March
Final year candidates
Let us have a look at all three division in detail -
Summer Placements/Internship - IIMs provide the facility of summer internships to candidates pursuing PGP courses. The hiring process usually takes place at the beginning of November. Selected candidates are required to do their internships in the month of April-May. Summer internships are considered beneficial as they help candidates in receiving pre-placement offers i.e. PPOs.
Lateral Placements - IIMs also allow candidates to pursue various managerial courses even after having work experience. The lateral placements in IIMs usually take place a few months before the final placements. It is mainly for those candidates who have work experience of 18 months and above.
Final Placements - IIMs conduct the final placements for candidates who are in their final year and are about to complete their managerial education. February and March months are crucial for all IIMs as they host recruitment during this time of the year.
IIM Salary Packages Offered In Placements
IIM salary packages do not only include the in-hand salary. Other than the base salary the package includes various other components like gross salary, allowances, reimbursements, deductions, pf, insurance etc., Placement record of IIMs is definitely a number in itself. To get into IIMs, candidates have to go through rigorous selection procedure of qualifying Common Admission Test, WAT, GD-PI rounds and whatnot. But, it is all worth it in the end when candidates get placed with the mammoth salary package which is offered in IIMs. The salary package offered in IIMs are given below.
IIM Placements Salary Package: Campus Wise
Salary Package offered
Rs. 70 Lacs
Rs. 50 Lacs
Rs. 72 Lacs
Rs. 54 Lacs
Rs. 40.50 Lacs
Rs. 40.50 Lacs
Rs. 28 Lacs
Rs. 24 Lacs
Rs. 26 Lacs
Rs. 24 Lacs
Rs. 28 Lacs
Rs. 35 Lacs
Rs. 27.50 Lacs
Rs. 21 Lacs
Rs. 16 Lacs
Rs. 20 Lacs
Rs. 20 Lacs
Rs. 16 Lacs
Rs. 21.9 Lacs
Rs. 20 Lacs
Top Recruiters In IIMs
IIM graduates get recruited by companies having a presence worldwide but India. Top Multinational brands like Deloitte, E & Y, J.P. Morgan Chase & Co., Accenture, KPMG, HSBC, Zomato, ICICI Bank, Wipro, JP Morgan, McKinsey & Co., Etihad Airways, Standard Chartered Bank, Boston Consulting Group, Microsoft, Google, Wipro Global, Tolaram Group, P & G, Hindustan Group, Tata Group, Lenovo, Apple, Goldman Sachs, Cloudtail and many more.
How To Get Into IIMs?
If your all-time dream is to graduate from top B-School of India and you are wondering how to get into IIMs. You need to be aware of the IIMs admission criteria. Remember that the first footstep to IIMs gate is the Common Admission Test. CAT is considered to be the toughest national-level management entrance test.
No candidates can make it upto IIMs without clearing CAT. Preparing for CAT could be challenging if you do not know when and how to start CAT preparation.
When a candidate qualifies CAT, IIMs release the cutoff list which includes various parameters after which further selection rounds are conducted by IIMs. After clearing CAT with high scores, candidates are called for Written Ability Test (WAT), Group Discussion (GD), Personal Interview (PI) rounds. Many candidates pass these rounds easily because they know what not to do during GD PI rounds of IIMs as well as major personal interview questions.
IIMs prepare final merit list after considering various factors like CAT scores, the academic performance of candidates, gender diversity, work experience and much more.
IIM Placements: Highest International Packages Offered
|IIM Name||Highest International CTC (Rs in Lakh per annum)|
* Provided data is taken from the final placement reports for the year 2019 of 2020 batches.
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Questions related to CAT
My score is 135 in JEE advance , what rank can i expect under General , gender-neutral cat.
You can check your JEE Advanced rank using your score by the link provided below,
Your JEE Advanced rank depends upon various factors like no. of students appeared, exam difficulty level and previous years cutoff trends as well. It also depends upon your category and score.
If you want to know which college you might get , you may use our college predictor link given below,
Hope that helps. Good luck
cat or GMAT are same or different
Hope you are doing well.
See CAT stands for common admission test . It is a national exam which is held all over the India. It is the largest exam for MBA.
Whereas GMAT stands for The graduate management admission test. It is a global exam which is held across the nations for MBA.
It is easier to score in GMAT in comparison to CAT. If a person studies with full focus and concentration he can easily achieve 700+ marks.
To know more difference about both the exams and to know about them in detail please use this link:
Hope this will help you. Have a great future ahead.
I belong to Muslim Minority. This year I am expecting 415 Neet score. Is their a chance of getting seat in any Minority College Cat. A ( Deccan, Shahdan, VRK, AAyan). Please let me know.
Muslim Minority Category falls under BC in a broader spectrum and BC-E. With a score of 415, you might hve a border line chance with Ayan Institute of Medical Sciences. The rest of the Colleges have higher cut offs. Having said that, this is based on 2019 data and cut offs change every year. Cut offs change every year depending on various factors such as no.of Candidates appearing for the exam, no.of Candidates qualified, top NEET score and difficulty of the exam. For a complete list of colleges that you may have a shot at, please use our College predictor: https://medicine.careers360.com/neet-college-predictor?icn=QnA&ici=qna_answer
mam if my marks in neet 2020 are 380 and I belong to sc cat with Andhra Pradesh domicile can I get seat in gov medical clg in state quota or all India quota pls tell or else can I get any Pvt seat in clgs like maharaja , Vizianagaram pls guide me I was totally confused ...help me..
As you have mentioned that your NEET score is 380. As such your Overall Percentile is: 88.14 - 88.64 and when it comes to rank, your Predicted Rank is: 163828 - 195978 .
Check out the MBBS/ BDS seats through NEET out here:
Also it too depends upon last years cut-off. Adding it with 15% All India quota and 85% state quota seats in government colleges. For SC category there is 15% seat reservation . In Telangana there are 8 government colleges with 1440 seats. And there are a total of 18 private colleges with 2650 seats.
Use this to predict the colleges by using this predictor link:
So you can predict your rank by using the NEET rank predictor:
Hi, I am appearing for cat 2020, When should i apply for FMS , whether after cat exam or before the cat exam in October to November?
As per your query, FMS Delhi opens the online portal for registration from october and it closes in november . You have to register for the same before CAT Exam that is on 29th Nov.
The guidelines for registration are:
- Candidates with minimum 50% marks at the graduation level (SC/ST: Passing marks; OBC/ PWD/CW: 45% as per the University rules) or equivalent CGPA. Candidates in the final year of graduation are also eligible to apply.
Steps to follow for registration:
- Create your Login
- Verify your Email ID
- Fill the Online Application Form
- Upload the Required Scanned documents
- Pay the Application Fee
- Things to take care : You will need to submit subjective responses (essays) for 5 questions . You will need a couple of hours to finish the application process.
Application Fee and Registration:
Mode of Application:
All candidates are required to register using the online registration system available on FMS website
- FMS Application Fees: Rs. 1,000/- for all other category applicants, Rs. 350/- for SC/ST/PWD for each programme. Candidates who wish to apply for more than one programme are required to register and pay separately for each programme.
Hope this helped...
Good Luck !!