IIT MBA Placements 2024: Salary, Highest Package, Average Package, Top Recruiters

IIT MBA Placements 2024: Salary, Highest Package, Average Package, Top Recruiters

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Team Careers360Updated on 16 Apr 2025, 12:23 PM IST

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.

This Story also Contains

  1. IIT MBA Placements: IIT MBA Salary
  2. IIT MBA Placements: Top Recruiters and Industries
  3. IIT MBA Placements: Alumni Success Stories
IIT MBA Placements 2024: Salary, Highest Package, Average Package, Top Recruiters
IIT MBA Placements 2024: Salary, Highest Package, Average Package, Top Recruiters

IIT MBA Placements: IIT MBA Salary

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 2024.

IIT MBA Placement Salary: Highest and Average

IIT MBA College

Highest Salary (approx.) in IIT MBA Placement 2024 (INR Lakhs per Annum)

Average Salary (approx.) in IIT MBA Placement 2024 (INR Lakhs per Annum)

IIT Bombay- Shailesh J Mehta School of Management

Rs. 72 lakhs

Rs. 28 lakhs

IIT Delhi-Department of Management Studies

Rs. 41.13 lakhs

Rs. 26 lakhs

IIT Madras-Department of Management Studies

Rs. 29.65 lakhs

Rs. 16.93 lakhs

IIT Kharagpur-Vinod Gupta School of Management

Rs. 43.37 lakhs

Rs. 22 lakhs

IIT Kanpur - Department of Industrial and Management Engineering (IME)

Rs. 24 lakhs

Rs. 18 lakhs

IIT Roorkee-Department of Management Studies (DoMS)

Rs. 27.94 lakhs

Rs. 18 lakhs

IIT Dhanbad (ISM) - Department of Management Studies

Rs. 56 lakhs

Rs. 11 lakhs

IIT Jodhpur

Rs. 23.8 lakhs

Rs. 12 lakhs

IIT MBA Placements: Top Recruiters and Industries

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 MBA placements

McKinsey & Company, Boston Consulting Group, Amazon, Microsoft, Google, Hindustan Unilever Limited, Procter & Gamble, Deloitte, Goldman Sachs

IIT Delhi MBA placements

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 MBA placements

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

IIT MBA Placements: Preparation and Support

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.

IIT MBA Placements: Alumni Success Stories

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.

Frequently Asked Questions (FAQs)

Q: What is the salary after MBA in IIT?
A:

For MBA graduates from IITs, the average salary ranges from Rs 12 to 20 lakhs per annum.  

Q: Which industries are the top recruiters for IIT MBA graduates?
A:

Consulting, finance, technology, and FMCG companies are among the top recruiters for IIT MBA graduates.

Q: What kind of support do students receive from IIT placement cells?
A:

Placement cells offer a range of services, including resume workshops, mock interviews, and networking events, to help students prepare for placements.

Q: What are the average salary packages for MBA graduates from IITs?
A:

Average salary packages for IIT MBA graduates typically range from ₹15 lakhs to ₹25 lakhs per annum, depending on factors like industry and location.

Q: How do I prepare for MBA placements at IITs?
A:

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.

Q: What is the placement process like for MBA students at IITs?
A:

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.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.

Hello dear candidate,

YES, with NEET score 344in the ST category you have high chances of getting admission in a BDS College in J&K through JKBOPEE counselling.

check the seat availability and next participate in JKBOPEE Counselling with all the necessary documents.

Thank you.