UPES MBA Admissions 2024
ApplyRanked #39 amongst institutions in Management by NIRF | 100% Placement
IIT MBA placements are always a highly anticipated event among students. It is the final destination of a journey filled with dreams, aspirations, and hard work. IIT MBA placements are also a matter that is highly looked into as they evaluate the finest academic institutes in the country. Candidates can apply for an MBA at IITs based on their CAT percentile. MBA from IITs equips students with practical skills and knowledge to thrive in the dynamic business world. This article dwells into the intricacies of the IIT MBA placement process, salaries, top recruiters, and much more.
IIT MBA placements are known for their high salaries. The process begins with pre-placement talks followed by recruitment drive interviews and final selection with job offers. The table below provides details of the highest and average salary packages at the 8 IITs offering MBA programs with top MBA specializations for the year 2023.
IIT MBA College | Highest Salary (approx.) in IIT MBA Placement 2023 (INR Lakhs per Annum) | Average Salary (approx.) in IIT MBA Placement 2023 (INR Lakhs per Annum) |
54 | 29 | |
41.13 | 26 | |
30.6 | 20 | |
43.37 | 22 | |
IIT Kanpur - Department of Industrial and Management Engineering (IME) | 24 | 18 |
27.94 | 18 | |
56 | 11 | |
23.8 | 12 |
Top consulting firms like McKinsey, Bain, and BCG, financial institutions such as JP Morgan and Goldman Sachs, and tech giants like Google, Apple, Microsoft, Meta, Amazon, and FMCG companies like Hindustan Unilever Limited (HUL) and Procter and Gamble (P&G) are among the top recruiters. Emerging sectors like waste management and renewable energy also offer exciting opportunities for IIT MBA graduates.
Refer to the table below for a look at the top companies/recruiters offering career opportunities at IIT MBA placements across different industries:
IIT MBA College | Top Recruiters/Companies |
IIT Bombay | McKinsey & Company, Boston Consulting Group, Amazon, Microsoft, Google, Hindustan Unilever Limited, Procter & Gamble, Deloitte, Goldman Sachs |
IIT Delhi | Accenture, Bain & Company, Facebook, Aditya Birla Group, Tata Consultancy Services, JP Morgan Chase & Co., KPMG, Samsung, IBM |
IIT Kharagpur | PricewaterhouseCoopers, Larsen & Toubro, Reliance Industries Limited, Mahindra & Mahindra, Flipkart, Wipro, Cognizant, Ernst & Young |
IIT Kanpur | ITC Limited, Infosys, Larsen & Toubro, ICICI Bank, Siemens, ONGC, Hindustan Petroleum Corporation Limited, Maruti Suzuki India Limited |
IIT Madras | Hindustan Unilever Limited, Amazon, Microsoft, Goldman Sachs, The Boston Consulting Group, Tata Administrative Services, Citibank, Accenture |
IIT Jodhpur | Tata Motors, Indian Oil Corporation Limited, Larsen & Toubro, Capgemini, TATA Steel, Deloitte, HDFC Bank, Infosys |
IIT Dhanbad | Coal India Limited, Oil and Natural Gas Corporation, Tata Steel, Adani Group, Indian Oil Corporation Limited, Larsen & Toubro, Tata Consultancy Services, Hindustan Zinc Limited |
IIT Roorkee | Larsen & Toubro, Oracle, ONGC, ITC Limited, Tata Consultancy Services, Mahindra & Mahindra, Hindustan Unilever Limited, Aditya Birla Group |
Students receive extensive preparation, support, and advice from the placement cells at all the IITs. It includes workshops for resume building, mock interviews, case studies, and networking events with alumni and various industry professionals. Personalised guidance is provided to the students to identify their strengths and weaknesses, improve interview performance, and navigate through the placement process seamlessly.
The IIT MBA placement trends have been positive reflecting a high demand for talented and professional MBA graduates across industries. The same is reflected in the high salary and compensation packages being offered to students. The placements are however invariably affected by factors such as economic conditions, pandemics such as COVID-19, and more. But despite that the IIT MBA placements trends have remained positive which in turn have created plenty of opportunities and success stories of individuals hailing from different backgrounds altogether.
The alumni network has proved to be of utmost importance in serving as an inspiration to their juniors. Many have gone on to take up top leadership positions in big companies, start successful ventures, and much more. The Alumni network helps in mentorship, networking, and sustaining great professional relationships for students. They also act as a great support system after graduation for the students as well as the institute.
The placement process at IITs typically includes pre-placement talks, interviews, and job offers. Placement cells provide support and guidance to students throughout the process.
Consulting, finance, technology, and FMCG companies are among the top recruiters for IIT MBA graduates.
Placement cells offer a range of services, including resume workshops, mock interviews, and networking events, to help students prepare for placements.
Average salary packages for IIT MBA graduates typically range from ₹15 lakhs to ₹25 lakhs per annum, depending on factors like industry and location.
To prepare for placements, students should focus on developing their interview skills, networking with alumni and industry professionals, and staying updated on industry trends and developments.
The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.
To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.
https://bschool.careers360.com/articles/cat-2024
Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.
GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.
Hello
Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.
Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.
You can check the colleges you are eligible for using the below link.
https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp
Hello Aspirant
Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.
Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.
Hello aspirant,
Here below are the names of the colleges that you can target:
Thank you
Hope it helps you.
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