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Last Date of Applications- 22nd April | 250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row
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.
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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 latest NIRF ranking management report, 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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Last Date of Applications- 22nd April | 250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 28th March
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 |
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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 (INR Lakhs per Annum) | Average Salary in IIT MBA Placement (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: 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.
Hello
K.R. Mangalam University follows a flexible assessment system including :
Exam Formats : Multiple-choice, descriptive, project-based and practical assessments. Continuous internal assessments (CIA), mid-terms and end-term exams are conducted.
Competitive Exam Support : While the university does not provide direct coaching for exams like CAT, MAT or GATE , it offers :
Scholarships & Encouragement : Scholarships based on entrance exams and merit.
Industry Collaborations : Programs like an MBA with IBM help students gain practical knowledge relevant to management and technical fields.
Skill Development : Workshops , research opportunities and faculty mentorship to strengthen problem-solving and analytical skills.
For structured preparation , students often take external coaching while utilizing the university's resources .
Hello there,
Yes, you can apply for CAT examination after completion of Doctor of Pharmacy (Pharm D) .
The Common Admission Test (CAT) has no restrictions regarding your educational background thus allowing you to submit your application following your completion of a Pharm. D degree.
The Common Admission Test permits candidates to take the exam after completing any undergraduate degree without any restrictions to the area of study. The professional doctoral degree of Pharm. D (Doctor of Pharmacy) functions as an equivalent to bachelor's level for CAT eligibility recognition.
Therefore, Candidates who received their Pharm. D degree can pursue the CAT exam application process based on their qualification standards.
For more information about CAT examination follow the given link: https://bschool.careers360.com/articles/cat-exam-pattern
Hope this will help!
With a CAT percentile of 89.27 and your academic scores, you have a fair chance of getting into some of the top-tier and upper-mid-tier B-schools in India. Here are some of the best options you can target:
Top Colleges You Can Apply To
1. IMI Delhi (International Management Institute)
CAT Cut-off: 85–90 percentile
Known for: Finance, Marketing, and Consulting placements.
2. IMT Ghaziabad (Institute of Management Technology)
CAT Cut-off: 85–90 percentile
Strong alumni network and good placement records.
3. XIMB Bhubaneswar (Xavier Institute of Management)
CAT Cut-off: 85+ percentile
Known for HR, Finance, and Operations.
4. TAPMI Manipal (T.A. Pai Management Institute)
CAT Cut-off: 85–90 percentile
Consistent placement records in marketing and finance.
5. KJ Somaiya Institute of Management, Mumbai
CAT Cut-off: 85–90 percentile
Good ROI and strong industry connections.
6. GIM Goa (Goa Institute of Management)
CAT Cut-off: 85–90 percentile
Known for a strong finance and marketing curriculum.
7. FORE School of Management, Delhi
CAT Cut-off: 85–90 percentile
Offers good placements and industry exposure.
Hello Ayushi,
With a GATE score of 402 in the OBC category, securing admission to M.Tech programs in Biotechnology at IITs may be challenging. For instance, IIT Delhi's 2022 cutoff for Biomedical Engineering was 650 for OBC candidates.
It's advisable to check the specific admission criteria of each IIT and consider applying to multiple institutions to increase your chances.
Hope it helps !
With a 99 percentile in CAT, you've definitely got a strong foundation for your MBA aspirations.
FMS Admission Process
FMS Delhi considers various factors for admission, including:
1. CAT score (99 percentile is excellent!)
2. Academic performance (your low academic background might be a concern)
3. Work experience (you didn't mention any, but certifications and courses can help)
4. Extracurricular activities (your Engage 7x Course and Spanish foreign language course are positives)
5. Personal interview (this is an opportunity to showcase your skills and passion)
SC Category Advantage
As an SC category candidate, you'll have a relaxation in the admission criteria. FMS Delhi has a reservation policy for SC/ST candidates.
Chances of Getting into FMS
While a 99 percentile CAT score is impressive, FMS Delhi is a highly competitive institution. Your low academic background might affect your chances, but:
- Your SC category status will provide some advantage.
- Your certifications and courses (Engage 7x, Spanish) demonstrate your enthusiasm and willingness to learn.
It's difficult to predict admission outcomes, but I'd estimate your chances as follows:
- FMS Delhi: 20-30% chance (considering your CAT score, SC category, and certifications)
- Other top MBA colleges: 50-70% chance (considering your CAT score and SC category)
Next Steps
1. Apply to FMS Delhi: Submit your application, highlighting your strengths and certifications.
2. Prepare for the personal interview: Showcase your passion, skills, and experiences.
3. Consider other MBA colleges: Apply to other top colleges that align with your interests and goals.
Stay positive, and best of luck with your applications!
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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.
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Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters