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IIM Salary After 5 Years: What Is the In-Hand Salary of IIM Graduates?

IIM Salary After 5 Years: What Is the In-Hand Salary of IIM Graduates?

Edited By Alen Tom Shaji | Updated on Sep 24, 2024 10:08 AM IST | #CAT

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.

IIM salary after 5 years: What is the in-hand salary of IIM Graduates?

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.

IIM MBA Salary 2024: Highest and Average Package

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.

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Top IIMs in India

Highest MBA Salary Package

IIM MBA 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 65.00 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 71.30 LPA

Rs 26.96 LPA

IIM Rohtak

Rs 36.00 LPA

Rs 18.73 LPA

IIM Ranchi

Rs 67.00 LPA

Rs 35.50 LPA

IIM Raipur

Rs 43.43 LPA

Rs 21.04 LPA

IIM Trichy

Rs 41.61 LPA

Rs 20.55 LPA

IIM Kashipur

Rs 37.00 LPA

Rs 18.10 LPA

IIM Udaipur

Rs 35.04 LPA

Rs 20.02 LPA

IIM Nagpur

Rs 64.00 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 64.00 LPA

Rs 16.43 LPA

Check out: IIM Placements 2024 - Average CTC, Highest Salary Package, Top Companies

Factors Determining IIM Salary after 5 years

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.

IIM Salary after 5 Years: Top Job Roles for MBA

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:

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IIM Salary after 5 years: Top Recruiters and Domain

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.

Top companies at IIM Placements

Accenture

Axis BANK

HSBC

KPMG

IBM

Deloitte

PWC

EY

Google

ANZ

Infosys

American Express

JP Morgan

WNS

Tech Mahindra

Intel

Reliance Industries

Amazon

Google

TATA Steel

Microsoft

JSW

P&G

L&T

Hindustan Unilever Limited

Capgemini

HCL Technologies

Domain-wise IIM Job offers after 5 years

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

Frequently Asked Questions (FAQs)

1. Which industries offer the highest MBA salary packages to IIM graduates after 5 years?

As per the current trends, MBA graduates from IIM can expect the highest IIM salary packages in industries like IT, Telecommunication, Consulting and Banking.

2. What is the average salary of an IIM graduate after 5 years?

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.

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Questions related to CAT

Have a question related to CAT ?

Hello aspirant,

The only on-screen calculator that CAT permits use is a simple one. It is not permitted for you to bring the actual calculator into the center. This approach is predicated on the idea that the CAT assesses an individual's aptitude for solving challenging mathematical puzzles and making fast mental computations.

Thank you

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 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.

Directions for question :

M/s Deloitte Touche Tohmatsu Limited, one of the top four audit and accounting firms in the world with headquarters at London, UK, and with an operational presence in 153 countries, hires Management Trainees (MT) from all the premier management institutes of India thrice every year, in the months of January, May and September.

Each new group of Management Trainees (MT) have to go through a four month rigorous training schedule, after which they have to pass through a test consisting of a written assessment and a case-analysis. The top hundred ranked Management Trainees (MT) based on the performance in the test are confirmed as Management Executives (ME). The rest are given the opportunity of undergoing the training for four months one more time along with the next batch of Management Trainees (MT) and then passing through the subsequent test consisting of the written assessment and case-analysis. The Management Trainee (MT) who fails to get confirmed as a Management Executive (ME) the second time is fired.

The scatter-graph below depicts the number of Management Trainees (MT) at Deloitte taking the tests from January 2020 till May 2022, and the vis-à-vis hired Management Trainees (MT) at Deloitte who were fired :

It is also known that for the month of September 2019 at Deloitte, 96 hired Management Trainees (MT) failed to be confirmed as a Management Executive (ME) the first time, and that 36 hired Management Trainees (MT) were fired. 

Question :

In which test did the minimum number of Management Trainees (MT) get confirmed as a Management Executive (ME) in the second attempt ?

Option: 1

September 2020

 

 


Option: 2

May 2021


Option: 3

January 2021

 


Option: 4

January 2022 


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the first customer's order be considered closed ?

 

Option: 1

6.15 pm

 

 


Option: 2

6.17 pm

 


Option: 3

6.18 pm

 


Option: 4

6.20 pm


Directions for question :

Six sticks of equal lengths were kept in the vertical position in an empty flower-vase, to be arranged at the six corners of a regular hexagon. The two ends of each of the sticks were of different colours. 

The top ends of the sticks were one of each of the following colours – Red, Cyan, Pink, Brown, Black and Green. The bottom ends were one of each of the following colours – Blue, Yellow, White, Orange, Purple and Grey. Both the sets of colours mentioned were in no particular order.

It was also known that :

a) The stick with the red colour was opposite to the stick with the blue colour

b) There were exactly two sticks whose both ends had colours whose names started with the same letter

c) The stick with the grey colour was adjacent to the stick with the white colour

d) The stick with the cyan colour was adjacent to both the sticks with the brown colour and the one with the blue colour

e) The stick with the purple colour was adjacent to both the sticks with the grey colour and the one with the green colour

f) The stick with the white colour was opposite to the stick with the green colour

Question :

What was the colour of the bottom end of the stick having brown colour at the top end ?

Option: 1

 White 

 


Option: 2

Yellow 


Option: 3

Black

 


Option: 4

Grey


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the third customer's order be considered closed ?

 

Option: 1

6.28 pm

 


Option: 2

6.35 pm

 


Option: 3

6.38 pm


Option: 4

6.45 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the second customer's order be considered closed ?

Option: 1

6.20 pm

 

 


Option: 2

6.18 pm


Option: 3

6.15 pm

 


Option: 4

6.12 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the third customer's order be considered closed ?

 

Option: 1

6.22 pm

 


Option: 2

6.25 pm


Option: 3

6.28 pm 


Option: 4

6.30 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

A fourth customer comes in and orders two plates of French Toast at 6.24 pm. Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis. For exactly how many minutes would one of the friends be idle from 6.00 pm till serving the last customer, assuming that the four customers were the only ones to have come in within the period being discussed ?

Option: 1

9

 


Option: 2

13


Option: 3

18


Option: 4

21


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Had Niloy been absent on that day, and assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the fourth customer's order (refer to the previous question) be considered closed ?

Option: 1

6:38 pm

 


Option: 2

6:42 pm

 


Option: 3

6:47 pm


Option: 4

6:49 pm


Directions for question:

The bar-graph given below shows the foreign exchange reserves of Nepal (in million Rupees) from 2014 to 2021. Answer the following questions based on the graph :

Question:

What was the percentage increase (rounded to the nearest integer, if deemed necessary) in the foreign exchange reserves in 2020 over 2016 ?

Option: 1 None

Option: 2 None

Option: 3 None

Option: 4 None

Directions for question:

The Jadavpur University’s Prince Anwar Shah Road hostel consists of two large separate buildings, one for the ladies and the other for the gents, while having a common kitchen and dining hall. It is the hostel of the CS and the EEC department of engineering students of the university.

In recognition of the growing dissatisfaction and hence complaints among the inmates of the hostel regarding the menu served for dinner, the Dean of the engineering department, Dr Aparesh Sanyal, personally decided to investigate the matter. He set about collecting information about the preference of dinner among the inmates, separately from the gents and the ladies wing of the hostel.

Dr Sanyal was able to gather the following partial information :  

 

Hostel inmates

Menu preference for dinner

Total

Egg Meal

Fish Meal

Chicken Meal

Gents

   

20

 

Ladies

     

64

Total

 

60

   

 

The Warden of the hostel was consulted, who after investigation declared that the following facts were clear :

1. Forty percent of the hostel inmates were ladies

2. One-third of the gentlemen inmates preferred an egg meal for dinner

3. Half the hostel inmates preferred either fish meal or chicken meal

Question:

What proportion of the lady hostel inmates preferred a fish meal for dinner ?

 

 

Option: 1

0.25

 

 


Option: 2

0.50

 


Option: 3

0.75

 


Option: 4

1.00 


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