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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.
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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 |
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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.
Hello!
Prep for CAT 2024: Application Pattern
Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.
Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and some mock tests available from TIME, IMS, or Career Launcher.
Mock Tests: Take mocks and study the mistakes made.
Time management: F ocus on speed and accuracy.
If you need a more structured approach, consider a coaching institute.
Start early and become a regular.
Wishing you the best! thankyou!
Hello,
While starting your CAT preparation late can be challenging, it's still possible to achieve a good score with focused effort. Prioritize understanding the exam pattern, and focus on key areas like Quantitative Ability, Data Interpretation, Logical Reasoning, and Verbal Ability.
Create a structured study plan, practice regularly with mock tests, and review your performance to identify weaknesses. Use quality study materials and consider joining a coaching class if time permits. Stay consistent and motivated, and remember that dedicated effort in the coming weeks can lead to positive results.
You can refer to the following article for help :
https://bschool.careers360.com/articles/last-minute-preparation-strategy-for-cat
Good luck!
I understand your situation, Aishwarya. Preparing for the CAT while balancing your final year of engineering can be challenging, especially without coaching. However, with dedication and the right approach, it's definitely possible to crack the exam.
Here are some tips to help you get started:
1. Assess Your Strengths and Weaknesses:
2. Build a Strong Foundation:
3. Effective VARC Preparation:
4. Online Resources:
5. Create a Study Plan:
6. Stay Motivated:
While coaching can be helpful, it's not essential. With dedication, perseverance, and effective study strategies, you can definitely crack the CAT and achieve your goal of getting into IIMB.
Remember, starting now is a great decision. The earlier you begin, the more time you'll have to improve your skills and build confidence. Good luck!
For more information about CAT exam you can go through the link attached below.
https://bschool.careers360.com/exams/cat
It just indicates that you have a provisional allocation and that registration for the general category is now open without reservation.If you meet the prerequisites to be enrolled in that specific course at your college, you can be admitted to the designated college.
Hello,
No, you cannot select the NC-OBC (Non-Creamy Layer Other Backward Classes) section in the CAT registration form if you belong to the RBA (Reserved Backward Area) category, even if your family income is less than Rs. 8 lakhs.
The NC-OBC category in the CAT registration form is specifically for candidates who belong to the Non-Creamy Layer of the Other Backward Classes (OBC) as per the central government’s list of OBCs. The RBA category is a separate category applicable mainly in states like Jammu & Kashmir, and it does not fall under the central OBC category.
If you belong to the RBA category, you should select the appropriate category you qualify for in the CAT registration form (General, SC, ST, EWS, or any other applicable category based on state or central government recognition).
Hope it helps !
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