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

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

Edited By Team Careers360 | Updated on Apr 25, 2024 04:37 PM IST | #CAT

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: 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 2023.

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

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

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: Trends

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.

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 Question (FAQs)

1. What is the placement process like for MBA students at IITs?

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.

2. Which industries are the top recruiters for IIT MBA graduates?

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

3. What kind of support do students receive from IIT placement cells?

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

4. What are the average salary packages for MBA graduates from IITs?

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

5. How do I prepare for MBA placements at IITs?

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.

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Questions related to CAT

Have a question related to CAT ?

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.

View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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