ICFAI Business School-IBSAT 2024
9 IBS Campuses | Scholarships Worth Rs 10 CR
IIM salary after 5 years: The graduates from IIMs will receive an average salary package of Rs. 35 to Rs. 60 LPA based on their skills, experience and qualifications. It is very crucial to make a strong personal and professional profile to get the highest salary packages at IIM after 5 years. The MBA salary package for IIM graduates fluctuates, The graph of the IIM salary after 5 years will not always show increasing trends. Read this article to know the IIM salary after 5 years, top demanded MBA specialisations and sectors to get the highest package.
Free Study Material: VARC | DILR | Quant | Chapter-wise Practice MCQs
CAT 2024: CAT'23 Official Question with Solutions (Slot 1, 2, 3)
Test: 20 Free Mock Test | 10 Year PYQs | Most Scoring Concepts
It is very crucial to make a strong personal and professional profile to get the highest salary packages at IIM after 5 years. The in-hand salary of the IIM graduates after 5 years will be decided based on the nature of the job market and business demands. To get the in-hand salary of Rs. 30 LPA to Rs. 50 LPA or higher, graduates must be efficient in technical and non-technical skills required to meet the job requirements of the industry. The MBA salary package for IIM graduates fluctuates year by year. There is no guarantee that the IIM salary after 5 years will show an increasing trend graphically, because of some negative aspects like recession and the coming of AI.
All the Indian Institute of Management has released the summer and final placement reports on their respective official websites. All the IIMs made 100 per cent MBA placement records by getting job offers from multiple sectors with the highest and average IIM MBA salary packages. Check out the table to know the IIM salary package offered at 21 IIMs.
Top IIMs in India | Highest MBA Salary Package | IIM MBA Average Package |
Rs 1.46 CPA | Rs 34.45 LPA | |
Rs 1.15 CPA | Rs 35.3 LPA | |
Rs 1.15 CPA | Rs 35.07 LPA | |
Rs 65.00 LPA | Rs 30 LPA | |
Rs 67.02 LPA | Rs. 31.02 LPA | |
Rs 1.14 CPA | Rs 30.21 LPA | |
Rs 71.30 LPA | Rs 26.96 LPA | |
Rs 36.00 LPA | Rs 18.73 LPA | |
Rs 67.00 LPA | Rs 35.50 LPA | |
Rs 43.43 LPA | Rs 21.04 LPA | |
Rs 41.61 LPA | Rs 20.55 LPA | |
Rs 37.00 LPA | Rs 18.10 LPA | |
Rs 35.04 LPA | Rs 20.02 LPA | |
Rs 64.00 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 64.00 LPA | Rs 16.43 LPA |
Check out: IIM Placements 2024 - Average CTC, Highest Salary Package, Top Companies
In this competitive world, It’s not easy for MBA graduates from IIMs or other MBA graduates to get good salary packages in the initial stages of their careers. The in-hand salary of IIM graduates after 5 years will depend upon the skills and experience of the candidates. However, the MBA specialisation, demand in the job roles, and requirements will decide the IIM salary packages after 5 years. The IIM salary packages offered after 5 years will be determined by the following factors:
Work Experience: IIM graduates with professional experience in the respective field will only be considered for the recruitment conducted by the top companies.
Education and Skills: Instead of any previous experience, companies give more priority to MBA specialisations, education qualifications and skills to choose the best MBA graduates from IIMs for various job roles
Also Read: How To Choose Your Specialization In MBA
Location: The IIM salary after 5 years offered at various locations will be different depending on the tier 1 or tier 2 cities.
Demand in the job market: The current job roles may be replaced with new job roles in each sector based on new ideas and businesses.
Type of MBA College: The reputation of the MBA college chosen by the candidates for the MBA also plays a pivotal role in getting the best IIM salary after 5 years. The recruiters will give priority to the IIM/IIT graduates for campus placement compared to other MBA institutes in India.
The demand and job roles offered for the IIM graduates can be changed after 5 years. As there are plenty of opportunities and innovations happening in all sectors day by day. So these new developments can bring out new job opportunities for IIM graduates after 5 years. In addition to this, the IIM salary after 5 years can also be improved as per the average packages, mentioned in the below table. Some of the highest paying job roles available for IIM graduates 5 years are mentioned in the table below along with the average packages.
Job role | Industry | Average IIM Salary after 5 years |
Management Consultant | Consulting | Rs. 30 LPA to Rs. 45 LPA |
Investment Banker | Investment Banking | Rs. 35 LPA to Rs. 45 LPA |
Product Manager | Technology/Product | Rs. 30 LPA to Rs. 40 LPA |
Marketing Manager | FMCG | Rs. 25 LPA to Rs. 35 LPA |
Operations Manager | E-Commerce/Logistics | Rs. 22 LPA to Rs. 30 LPA |
Finance Manager | Banking | Rs. 25 LPA to Rs. 32 LPA |
Strategy Manager | Corporate Strategy | Rs. 30 LPA to Rs. 45 LPA |
Human Resource Manager | HR | Rs. 30 LPA to Rs. 45 LPA |
Check out:
The placement committee of the IIMs keep good connections with all the companies to attend the respective IIM placements to hire the graduates with the best MBA salary packages. Some of the top recruiters regularly offer placement opportunities for MBA graduates from IIM are mentioned in the table below.
Accenture | Axis BANK | HSBC |
KPMG | IBM | Deloitte |
PWC | EY | |
ANZ | Infosys | American Express |
JP Morgan | WNS | Tech Mahindra |
Intel | Reliance Industries | Amazon |
TATA Steel | Microsoft | |
JSW | P&G | L&T |
Hindustan Unilever Limited | Capgemini | HCL Technologies |
Domain | Percentage of Job offers |
Consulting | 25-30 |
Finance | 20-25 |
Marketing | 15-20 |
General Management | 10-15 |
Operations and Supply Chain | 8-12 |
Product Management | 7-10 |
IT and Analytics | 5-8 |
Human Resources | 3-5 |
E-Commerce and Retail | 3-5 |
Healthcare and Pharma | 2-4 |
Browse for the Top Colleges in India Based on MBA specialisations
As per the current trends, MBA graduates from IIM can expect the highest IIM salary packages in industries like IT, Telecommunication, Consulting and Banking.
The average IIM salary package can go around Rs. 60 LPA to Rs. 1 CPA as per the current IIM MBA placement records and packages.
The student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
To know about this please prefer our college predictor
Hello,
Yes, you can also join IIMs two years after graduation, depending upon the justification in interviews and your performance in entrance exams. If you are not sure about CAT, try those other management exams less hard:
Common Management Admission Test: Easier than CAT; 4-5 months of continuous preparation will suffice.
MAT : Much easier and takes place thrice a year.
SNAP (Symbiosis National Aptitude Test): A bit easier than CAT, apt for Symbiosis Institutes.
Xavier Aptitude Test or XAT : Hence, easier than CAT but the unique decision-making section.
Use exams like CMAT and MAT as a challenge to be competitively prepared. This can be given about 4-5 months, along with a few rounds of mock tests and smart studying.
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.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
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.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
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 | Application Deadline: 1st Dec 2024
Ranked No. 1 Business School in India and no.35 in world by Financial Times MiM 2024 Ranking | Highest CTC: INR 81 LPA
180+ Companies | Highest CTC 15 LPA | Average CTC 7.5 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Passport to over 600+ B-Schools | Availed by lakhs of students | Wide acceptability of scores by hundreds of Business Schools and University Departments
1st Among Business Schools to offer PGDM in Kerala | Average CTC 8 LPA ranging upto 16 LPA | Merit and Work Experience based Scholarships
UGC Approved Programs | 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.74 LPA