MBA Placements 2024: Highest & Average Salary Packages at IIMs, Top B-Schools

MBA Placements 2024: Highest & Average Salary Packages at IIMs, Top B-Schools

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Team Careers360Updated on 20 Feb 2025, 04:04 PM IST

MBA placements 2024 reports of top MBA colleges will be available after the completion of the academic year 2024-2026. Aspirants wish to pursue an MBA programme to fetch a higher MBA salary in India. The highest package MBA salary package offered in India was 1.46 CPA offered by IIM Ahmedabad. Most of the IIMs and other B-schools offered average MBA salary packages ranging from Rs. 10 LPA to Rs. 50 LPA in the recent MBA placements 2024. A good MBA placement determines the value of an MBA course at any B school. MBA aspirants can check out the MBA placement 2024 reports, CTC of IIMs and non-IIMs, highest MBA packages, etc.

This Story also Contains

  1. MBA Placement 2024
  2. MBA Placements 2024: IIMs
  3. Best MBA Recruitment Companies
MBA Placements 2024: Highest & Average Salary Packages at IIMs, Top B-Schools
MBA Placements

MBA Placement 2024

Top MBA colleges like IIMs, IITs, SPJIMR, MDI, FMS, IIFT, IMI, SIBM, etc., have concluded the MBA placements 2023 and have started the MBA admissions for the next batch. The MBA placement report for the academic year 2024-2026 will be released after the completion of MBA placement drive in January to February 2026. Meanwhile, MBA aspirants can check the past year's MBA Placement reports of top MBA colleges in India in this article.

MBA Placements 2024: IIMs

MBA aspirants gearing up for MBA entrance exam for admission to IIMs must know IIM MBA placement packages. They can check the highest IIM package and average IIM package from the table below to get more insights on the MBA placements 2024 India.

List of IIMs

Highest CTC

Average CTC

IIM Ahmedabad placement

Rs 1.46 CPA

Rs 34.36 LPA

IIM Bangalore placement

Rs 1.15 CPA

Rs 35.31 LPA

IIM Calcutta placement

Rs 1.15 CPA

Rs 35.07 LPA

IIM Lucknow placement

Rs 66.00 LPA

Rs 32.20 LPA

IIM Indore placement

Rs 1.15 CPA

Rs 30.21 LPA

IIM Kozhikode placement

Rs 67.00 LPA

Rs 31.02 LPA

IIM Amritsar placement

Rs 36.25 LPA

Rs 16.51 LPA

IIM Nagpur placement

Rs 64.00 LPA

Rs 16.74 LPA

IIM Sambalpur placement

Rs 64.61 LPA

Rs 16.63 LPA

IIM Trichy placement

Rs 41.61 LPA

Rs 20.55 LPA

IIM Raipur placement

Rs 43.43 LPA

Rs 21.04 LPA

IIM Ranchi placement

Rs 67.00 LPA

Rs 35.50 LPA

IIM Kashipur placement

Rs 37.00 LPA

Rs 18.10 LPA

IIM Vizag placement

Rs 43 LPA

Rs 16.61 LPA

IIM Udaipur placement

Rs 35.04 LPA

Rs 20.02 LPA

IIM Bodhgaya placement

Rs 48.58 LPA

Rs 14.96 LPA

IIM Shillong placement

Rs 71.30 LPA

Rs 26.96 LPA

IIM Sirmaur placement

Rs 64.12 LPA

Rs 14.45 LPA

IIM Rohtak placement

Rs 36.00 LPA

Rs 18.73 LPA

IIM Mumbai placement

Rs 54 LPA

Rs 47.29 LPA

IIM Jammu placement

Rs 64.00 LPA

Rs 16.43 LPA

Also Read: IIM Placements 2024: Highest and Average Salary Packages

MBA Placement 2024: Top MBA colleges

Apart from IIMs, other top MBA colleges are also offering the highest MBA package in India.

MBA Colleges

Highest CTC

Average CTC

FMS Delhi placement

Rs 1.23 CPA

Rs 46.1 LPA

MDI Gurgaon placement

Rs 60 LPA

Rs 26.1 LPA

IMT Ghaziabad placement

Rs 34 LPA

Rs 17.35 LPA

SPJIMR placement

Rs 81 LPA

Rs 33 LPA

XLRI Jamshwdpur placement

Rs 32.7 LPA

Rs 78.2 LPA

IIFT Delhi placement

Rs 76.5 LPA

Rs 29.1 LPA

IMS Ghaziabad placement

Rs 20 LPA

Rs 8.25 LPA

MICA, Ahmedabad placement

Rs36 LPA

Rs 20.1 LPA

TAPMI, Manipal placement

General - Rs 24.8 LPA
HRM - Rs 15 LPA

General - Rs 14.6 LPA
HRM - Rs 12.8 LPA

K J Somaiya, Mumbai placement

Rs 25.96 LPA

Rs 12.32 LPA

XIME, Bangalore placement

Rs 16 LPA

Rs 10.36 LPA

IMI, New Delhi placement

Rs 50 LPA

Rs 17.01 LPA

GIM Goa placement

Rs 55 LPA

Rs 14.87 LPA

Best MBA Recruitment Companies

Check out the top recruiters in India and across the world hiring MBA graduates for various roles in finance, IT, HR, Marketing and many more sectors given below.

Top Recruiters for MBA Graduates in India

The most commonly asked question of MBA aspirants is “What are the top MBA recruitment companies in India?” As per reports TATA Consultancy Services TCS hires the maximum number of MBA pass-outs followed by Reliance Industries Limited, Cognizant, Wipro, Infosys and ICICI Bank.

Top Recruiters for MBA Graduates Globally

MBA graduates are globally hired for roles like Management consultant, Human Resources Manager, IT Manager, Finance Manager, Marketing manager, etc. The top MBA Placement companies run globally are mentioned below:

BCG

Apple

Amazon

Google

Accenture

Deloitte

JP Morgan Chase

Microsoft

AT Kearney

McKinsey and Company

Bain and Company

Morgan Stanley

Goldman Sachs

PwC

Top Sectors for MBA Placement

General ManagementIT/ Product ManagementManagement ConsultingMarketing & Sales
ConsultingBusiness AnalyticsCorporate Finance & Commercial BankingAgri Input
BFSIConglomeratesFMCGE-commerce
OperationsOnline ServicesIT & HealthcareTelecom
EdTechOnline PaymentRetail B2B & B2CEngineering /Technology
Retail & E-CommerceMedia & CommunicationsSales & MarketingGeneral Management
ManufacturingE-BusinessPharmaceuticalsEnvironment & Energy
Great Lakes - PGDM & PGPM Admissions 2026

Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025

SPJIMR Mumbai PGDM Admissions 2026

Ranked No. 3 Business School in India and no.35 in world by Financial Times MiM 2025 Ranking | Highest CTC: INR 89 LPA

Frequently Asked Questions (FAQs)

Q: Do MBA students get placement?
A:

Yes, most MBA students get placements in industries as per their MBA specialisations. Having MBA degree from top MBA colleges is more valuable and increases the chances of getting placed in top companies. 

Q: Does 12 marks matter in MBA placements?
A:

In MBA placements 12th marks do not matter much. Companies generally see your scores in MBA and undergraduation. To be on the safer side, students must keep a score of minimum 50% in their 12th board.

Q: Is an MBA good for placement?
A:

The Master in Business Administration (MBA) is a 2 year post-graduate degree program that offers career opportunities across various industries. 

Q: Which MBA is most in demand?
A:

Some of the most in-demand MBA specializations are listed below.

  • MBA in Artificial Intelligence & Machine Learning
  • MBA in Business Analytics & Big Data
  • MBA in Finance
  • MBA in Marketing
  • MBA in Healthcare Management
  • MBA in Supply Chain Management
  • MBA in Entrepreneurship
  • MBA in International Business
Q: Which MBA college has the highest placement?
A:

The highest MBA placement was Rs. 1.46 CPA offered by IIM Ahmedabad. 

Q: What is the average placement after MBA?
A:

The average MBA placement package in India ranges from 10 LPA to 20 LPA across various industries. 

Q: Can I get good placement after MBA?
A:

Yes, many students after completing their MBA programme get placed in the best companies with high MBA salary in India. Candidates getting an MBA degree from top MBA colleges like IIMs, IITs, MDI, FMS, SPJIMR, etc., get high MBA placement packages. 

Q: How to get 99 percentile in MBA?
A:

To score 99 percentile in MBA candidates must do the following:

  • Go through the MBA subjects and syllabus and understand it
  • Prepare an effective study plan 
  • Understand all the concepts and topics clearly
  • Practice past year question papers and mock tests
  • Manage your time and study wisely
Q: Which semester placement starts in MBA?
A:

The final MBA placement process typically begins in the last semester. 

Q: How to crack MBA placements?
A:

Students can crack MBA placement by following the given tips:

  • Build a strong resume and portfolio of your past work experience (if any).
  • Practice all questions which are mostly asked in MBA interviews
  • Thoroughly prepare the topics related to your field of study and the job you are applying for.
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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

The three key formulas that can solve almost all Profit & Loss problems are:

  1. Profit/Loss % = (Profit or Loss / Cost Price) × 100%, where CP is the cost price.

  2. Discount % = (Discount / Marked Price) × 100%, where MP is the marked price.

  3. Mark up % = (Mark up Value / Cost Price) × 100%, where CP is the cost price.


These formulas can be adapted for problems involving discounts, marked price, or successive gains/losses.

For detailed examples and variations, you can from the article

https://bschool.careers360.com/articles/profit-and-loss-for-cat-2025-only-3-formulas-needed-for-all-variations

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.