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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.
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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 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) |
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 |
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 |
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 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.
For MBA graduates from IITs, the average salary ranges from Rs 12 to 20 lakhs per annum.
Many colleges accept low CAT scores or have their own exams. Some examples:
Lovely Professional University (LPU)
Amity University
UPES Dehradun
Jaipuria Institute of Management
ITM Navi Mumbai
These often have GD/PI rounds after application.
Hello Devansh, With your VITEEE rank close to 42,000, it is very much possible for you to get CSE in VIT Vellore (CAT 1 or CAT 2) and possible for VIT AP contingent on the opening ranks for that year. CSE in VIT Vellore is very competitive, especially CAT 1, so it is more realistic to get a stream instead. VIT AP is growing, with areas of opportunity and growing, and better infrastructure than what was in the beginning. If you get CSE there as I indicated, the same thought process indicates that it is worth consideration.
Many students say to avoid VIT Bhopal due to it being new (less facilities) and less industry connections. It also does not compare, facility-wise and industry-wise, to VIT Vellore and VIT AP. However, getting CSE is most important and if everything else fails, braking VIT Bhopal is possible. My suggestion would be VIT Vellore (CAT 1 or CAT 2) if you got to sit for CSE or relevant stream. Otherwise, VIT AP is a strong second option. Avoid VIT Bhopal if you have better options.
Best of luck!
With a 60 percentile in CAT, your son may have limited options for top-tier MBA programs, but there are still several good colleges offering residential MBA programs. Some institutes that may accept this percentile range include UPES Dehradun, IBS Hyderabad, Woxsen University, ITM Business School, and Vignana Jyothi Institute of Management. These colleges may offer opportunities with a focus on industry-oriented learning. It’s also worth exploring state universities and institutions that accept other entrance exams like MAT or XAT.
With a rank of 33,000 in the VITEEE 2025 exam:
You can get:
VIT-AP (Amaravati) – Category 1 or 2 for most branches including CSE (except CSE specializations might need Cat 2).
VIT-Bhopal – Easily Category 1 for all branches including CSE and its specializations.
Both campuses have relatively lower cutoffs than VIT Vellore or Chennai, so 33,000 rank is considered good for AP or Bhopal campus.
VIT Bhopal – CSE (Cat 1): Lower fees, good for programming, but newer campus and fewer top-tier companies.
VIT Chennai – ECE (Cat 2): Better campus, more industry exposure, but higher fees and slightly lower average packages for ECE.
Verdict: If you prefer CSE and lower fees, go for VIT Bhopal. If you value campus reputation and industry exposure, choose VIT Chennai ECE.
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