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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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

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Hello Aspirant,

Since your payment status shows "S" , it means your payment is successful. The "payment unsuccessful" message on the form is likely a temporary system error or a delay in updating.

Do not make another payment.

Making a second payment could cause a double debit, which is difficult to get a refund for. You should:

  1. Wait 24-48 hours for the status to update automatically.

  2. Download and save a copy of your form and a screenshot of the "S" payment status as proof.

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Hello

The CAT 2025 exam is a national-level MBA entrance test for IIMs and top B-schools in India. It will be held on 30th November 2025 in computer-based mode across ~170 cities.
The registration is open from 1st August to 13th September 2025 on iimcat.ac.in .
Admit cards will be available from 5th November 2025 onward.
Graduates with at least 50 marks (45 for SC/ST/PwD) are eligible to apply.
The exam tests English, Reasoning, and Quantitative Aptitude in three timed sections.

Yes, you can pursue an MBA at Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, through the CAT exam.

Eligibility Criteria:

  • Educational Qualification: A bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) from a recognized university.

  • Entrance Exam: A valid CAT score is required for admission.

Admission Process:

  1. Application: Register online through the BBAU admission portal.

  2. Entrance Exam: Appear for the CAT exam and obtain a valid score.

  3. Counseling: Shortlisted candidates will be called for counseling based on their CAT scores.

  4. Document Verification: Submit necessary documents for verification.

  5. Fee Payment: Complete the fee payment to confirm admission.

Course Details:

  • Duration: 2 years (full-time).

  • Specializations: Finance, Marketing, Human Resource Management, among others.

Placement Opportunities:
BBAU has a strong placement record, with top companies recruiting MBA graduates.

For more details and to apply, visit the  official BBAU MBA admission page

Hello Amgothu

With 305 marks in ICAR PG and being from ST category, your chances of getting an AIEEA (CAT) seat is good, especially in plant sciences and less competitive subjects