BIMTECH PGDM Admissions 2025
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IIM vs IIT Salary: The MBA salary package offered by IIM or IIT Indian Institute of Management and Indian Institute of Technology comes to around Rs. 35 LPA to Rs. 1 CPA. Companies from all sectors such as IT, finance, consulting, Sales, and marketing have appeared for the IIM and IIT placements every year to recruit talented MBA graduates with the best MBA packages. MBA aspirants who wish to join IIM or IIT for MBA admission can check out the IT vs IIM MBA placement reports of the respective institutes before applying. Analysing the IIM vs IIT salary will give the comparison of salary packages offered by IIMs and IITs to choose the MBA as their career. Read this article to know about the IIM vs IIT MBA salary, and how much is paid for IIM and IIT MBA graduates.
IIMs and IITs are the premium higher educational institutes of India to get a degree in the field of management and engineering. The total number of seats offered for MBA admission at IIM is 5500 and for IITs is 650.
As per the NIRF ranking management report 2024, IIM Ahmedabad secured the 1st position and IIT Delhi comes in the 4th position based on its quality of education, infrastructure and placement records.
IIM vs IIT MBA salary packages can be varied based on the recruiters and demand in the job market and skills of the MBA graduates from IITs or IIMs.
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IIM and IIT are the top institutes available in India to get a bright future in the fields of management and engineering. The highest and average salary packages offered at IIMs are higher than that of IITs. But from this perspective, we can’t conclude that the IIM is better than the IIT. IITians may earn similar or higher salaries in technical and engineering fields than IIM graduates. While IIMs earn more in management roles. So, the salaries of the IIM and IIT may vary based on the field and industry. The total number of placement offers and companies offered in the management field compared to engineering.
All the 21 IIMs conduct the summer and final placements every year for the final year MBA graduates to get hired in any of the top organisations in India with the best MBA salary packages. Check out the list of IIMs in India offer the highest and average MBA salary packages.
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
The IITs invites companies from various sectors to appear for the IIT MBA placements. The highest and average salary package offered for MBA graduates ranges from Rs. 70 to Rs. 10 lakhs per annum. See the table to know how much was paid for the MBA graduates at the top IITs of India.
IIT MBA College | Highest Salary in IIT MBA Placement 2024 (INR Lakhs per Annum) | Average Salary in IIT MBA Placement 2024 (INR Lakhs per Annum) |
Rs. 72 lakhs | Rs. 28 lakhs | |
Rs. 41.13 lakhs | Rs. 26 lakhs | |
Rs. 29.65 lakhs | Rs. 16.93 lakhs | |
Rs. 43.37 lakhs | Rs. 22 lakhs | |
IIT Kanpur - Department of Industrial and Management Engineering (IME) | Rs. 24 lakhs | Rs. 18 lakhs |
Rs. 27.94 lakhs | Rs. 18 lakhs | |
Rs. 56 lakhs | Rs. 11 lakhs | |
Rs. 23.8 lakhs | Rs. 12 lakhs |
Check out: IIT MBA Placements 2024: Salary, Highest Package, Average Package, Top Recruiters
It is clear from the placement reports of IIMs and IITs, the placement offers made to the graduates of IIM and IITs are increasing every year. The highest and average salary packages offered at IIMs or IITs are decided by the following factors.
Work Experience: It is an important factor in deciding the IIM vs IIT salary in the present scenario. Graduates with professional experience have more demand in the job market compared to freshers in all domains.
Educational Background and Skill Set: MBA graduates from IIM or IIT are hired by top recruiters based on their educational qualifications in the particular MBA specialisation. The job offers are made based on the managerial, technical and non-technical skills of the graduates.
Location: IIM vs IIT salary packages offered by the companies can vary based on the location where an individual chooses. Graduates working in metro cities or abroad earn the highest MBA salary packages. Based on the project or assignment the salary can also be higher while working in India.
Company Type: The companies can be divided into two types mainly, start-ups and established companies. The startup salary package will depend on their business success and the other companies will have a structured salary based on their performance and experience.
Networking and Alumni strength:
The strength of the IIM and IIT alumni decided the MBA salary packages. Strong professional networks with alumni will help to get good job opportunities and high-paid jobs in any sector based on skills and experience.
Companies from various sectors like Banking, Consulting, IT, Logistics, Tourism and Hospitality, and healthcare accept the invitations of the IIMs or IIT placements. IIMs and IITs are the tier 1 MBA colleges in India to get highly talented and qualified MBA graduates for their organisations. Some of the top recruiters who hire MBA graduates from IIM and IIT are mentioned in the table below.
TCS | ONGC | Oracle | Amazon |
Indian Oil Corporation Limited | Microsoft | Hindustan Unilever Limited | |
ICICI Bank | HSBC | ITC Limited | TATA Steel |
Adani Group | Reliance | Cognizant | EY |
Accenture | Larsen & Toubro | Johnson & Johnson | Taj Hotels |
The highest MBA salary package offered for IIT and IIM exceeds Rs. 50 lakhs per annum based on the job role and companies.
As per the latest placement reports, IIM Ahmedabad offered the highest MBA salary package of Rs. 1.46 CPA and IIT Bombay offered the highest package of Rs. 72 LPA.
The top-paying jobs offered for IIM or IIT MBA graduates are coming under the domains of consulting, finance, hospitality, sales, marketing, information technology and many others.
The average MBA salary package offered by IIM ranges from Rs. 35 LPA to Rs. 15 LPA and for IIT it is around Rs. 28 LPA to Rs. 10 LPA. The average MBA salary packages offered for the graduates can vary based on their specialisation, role and skills.
A score of 64 marks in CAT would likely fall around the 85th percentile depending on the difficulty of the exam and the overall performance of candidates in this year.
So,it is highly unlikely that you will receive a call from any of the IIMs as the required percentile for an IIM call is typically much higher, usually ranging from 90% and above, especially for top IIMs like Ahmedabad, Bangalore, and Calcutta.
If you are looking for MBA programs, consider exploring other B-schools that may have lower cut-offs for admission.
Here are some B-schools that may have lower cutoffs for admission:
SOIL Institute of Management: Has a CAT cut-off of 75 percentile
T. A. Pai Management Institute (TAPMI), Manipal: Has an expected CAT cut-off of 85+
Great Lakes Institute of Management (GLIM): Has an expected CAT cut-off of 85+
MICA: Has an expected CAT cut-off of 85+
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai: Has a CAT cut-off of 85 percentile
Shailesh J. Mehta School of Management (SJMSOM), Mumbai: Has a CAT cut-off of 97.5 percentile
Others are IIT Bombay, IIT Kharagpur, IIT Roorkee, JBIMS, XIMB, and GIM.
Now coming to your academic background which often calculated as a weighted average based on the importance of each component different b school has different criteria for it.
You can use predictor tool for prediction of most accurate information of col
leges
To get admission into the NAARM MBA program , which is officially called a PGDM-ABM (Post Graduate Diploma in Management - Agri Business Management), candidates need to apply online, take the CAT or CMAT entrance exam, followed by a shortlisting based on their scores, and then appear for a Group Discussion (GD) and Personal Interview (PI) on campus; the final selection is based on a combination of their entrance exam score, performance in GD/PI, and academic record, with a strong emphasis on agricultural business related skills and experience.
Reservation criteria is same here as other MBA colleges set by government of india i.e
Scheduled Caste (SC): 15% of seats
Scheduled Tribe (ST): 7.5% of seats
Economically Weaker Section (EWS): 10% of seats
Other Backward Classes (NC-OBC): 27% of seats for candidates belonging to the “non-creamy” layer
The CAT cutoff percentiles for the 2024-26 PGDM-ABM batch at the ICAR-National Academy of Agricultural Research and Management (NAARM) are as follows:
General: 75.14
EWS: 38.00
NC-OBC: 44.16
SC: 72.980
for a NAARM MBA PREPARATION interview (specifically their PGDM Agri-Business Management program), focus on thoroughly researching NAARM's curriculum, emphasizing your agricultural background and business acumen, practicing answers to common MBA interview questions, and showcasing your passion for the agri-business sector, while also being ready to discuss your career goals aligned with NAARM's focus on rural development and sustainable agriculture practices.be genuine with your answers.
Hello Varun,
Based on your CAT raw score and profile, here's a breakdown of your potential calls and your chances for different institutes:
1. GIM Goa, GLIM Chennai, IMT Ghaziabad, IMI Delhi:
Overall, you can expect a call from institutes that weigh work experience and academic performance heavily, but you should also be prepared for lower-tier institutes in terms of CAT score cutoffs. Ensure you target institutes that match your profile for better chances.
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.
Hello,
Some of the popular coaching institutes in Pune for CAT preparation include:
TIME (Triumphant Institute of Management Education)
The institute is well known for its structured approach, expert faculty, and comprehensive study material. Offers both classroom and online programs. It has a very good success record and also provides several mock tests, workshops, and test series.
Career Launcher
Provides both online and offline courses for CAT preparation. The institute is known for its focused approach and quality study material. Personalized mentoring and mock tests.
IMS Learning Resources
BYJU's (Pune Center)
Mentors' Academy
Excel Academy
These institutes, both classroom coaching and online options, will vary, so it's all up to you. Some points to be kept in mind before one selects the institute are faculty experience, success rate, mock tests available, and if they offer personal support or not.
Hello aspirant,
Here below I am providing you the name of some of the top CAT coaching institutes in Pune:
Thank you
Hope it helps you
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67 Years of Established Legacy | Ranked #79 in India by NIRF | Among the only few top 100 B-Schools currently accepting applications
Recruiters: Godrej, HCL, Genpact, IBM etc
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