IIM Ahmedabad, IIM Bangalore, and IIM Calcutta: In-depth MBA Placement Comparison of Top 3 IIMs

IIM Ahmedabad, IIM Bangalore, and IIM Calcutta: In-depth MBA Placement Comparison of Top 3 IIMs

Edited By Alen Tom Shaji | Updated on Nov 13, 2024 11:31 AM IST | #IIM Ahmedabad (IIMA)

In 2023, IIM Ahmedabad reported an average CTC of INR 36.2 LPA, IIM Bangalore INR 35.3 LPA, and IIM Kozhikode INR 31.3 LPA. Top recruiters like McKinsey, BCG, Goldman Sachs, Amazon, and Microsoft visit these campuses, with consulting firms offering over 30-40% of roles at Ahmedabad and Bangalore, while Kozhikode is gaining traction in tech and e-commerce. The top 3 management institutes in India as per NIRF ranking 2024, IIM Ahmedabad, IIM Bangalore and IIM Kozhikode have maintained their positions in the NIRF management ranking for the last 3 years because of the quality of education, learning resources and the placement records of the top IIMs in India. In this article, we present a comparative analysis of these top 3 IIMs placements based on the average salary package offered, total recruiters who came to the campus, and the number of job offers received.

IIM Ahmedabad, IIM Bangalore, and IIM Calcutta: In-depth MBA Placement Comparison of Top 3 IIMs
IIM Ahmedabad, IIM Bangalore, and IIM Calcutta: In-depth MBA Placement Comparison of Top 3 IIMs

Best 3 IIMs Placements Comparative Analysis

IIM Ahmedabad, IIM Bangalore and IIM Kozhikode have done their summer and final placements for the final-year graduates of batch 2022-24. By analysing the recent IIM placement reports, IIM Ahmedabad received the highest package of Rs. 1.46 CPA and placed 559 candidates in reputed organisations. Meanwhile, IIM Bangalore and IIM Kozhikode also received the highest IIM salary package of Rs. 1.15 CPA and Rs. 72 LPA respectively. The total number of graduates placed in various companies from IIM Bangalore is 572 and 537 for IIM Kozhikode. The table below showcases the best 3 IIMs placement comparison.

IIM Ahmedabad, IIM Bangalore and IIM Kozhikode Placement Statistics 2024

Particulars

IIM Ahmedabad placements 2024

IIM Bangalore placements 2024

IIM Kozhikode placements 2024

IIM Highest Package

Rs. 1.46 CPA

Rs 1.15 CPA

Rs 72.02 LPA

IIM Average Package

Rs 34.45 LPA

Rs 35.92 LPA

Rs. 30.96 LPA

Offers Received

559

572

537

Total Recruiters

105

163

156

Also See:

Top IIMs in India Placement Comparison: Previous Years (NIRF Reports)

The previous year’s 3 IIMs placement comparison depicts how IIM Ahmedabad, IIM Bangalore and IIM Kozhikode are said to be the best and highest MBA placement offering campuses in India. In 2022-23, IIM Ahmedabad received the average package of Rs. 30 LPA and placed 423 graduates in various companies. Meanwhile, IIM Bangalore placed 559 students with a package of Rs. 26.5 LPA. IIM Kozhikode placed 502 final-year students with a salary package of Rs. 31.5 LPA. Check out the IIM MBA placement statistics for the last 3 years from the table as per the previous year's NIRF Reports.

Year

Particulars

IIM Ahmedabad

IIM Bangalore

IIM Kozhikode

2022-23

Number of Students Placed

423

559

502

Average MBA Salary Package

Rs 31 LPA

Rs 27 LPA

Rs. 33 LPA

2021-22

Number of Students Placed

431

546

518

Average MBA Salary Package

Rs 30 LPA

Rs 26.50 LPA

Rs. 31.5 LPA

2020-21

Number of Students Placed

428

459

436

Average MBA Salary Package

Rs 27.60 LPA

Rs 20 LPA

Rs. 25 LPA

Top 3 IIM Placement Recruiters and Job Roles

Around 105 recruiters attended the IIM Ahmedabad placement to choose the highly talented and skilled graduates for their organisations. Also, the total number of companies that participated in the IIM Bangalore and IIM Kozhikode placements recently is 163 and 156 as per reports. Recruiters from various sectors like consulting, Banking, Sales and Marketing, Finance, Operations, IT, Hospitality, Product Management and other sectors participate in the IIM placements of IIM Ahmedabad, IIM Bangalore and IIM Kozhikode every year. See some of the top recruiters of the best 3 IIM in India in the table below.

McKinsey & Company

HSBC

PwC

EY

Hindustan Unilever

Goldman Sachs

Aditya Birla Group

Adani Group

Microsoft

KPMG

TATA Steel

Cisco

Deloitte

Boston Consulting Group

IBM

Google

Accenture

Bain & Company

Amazon

BOSCH

Is ROI worth it for IIM A, IIM B and IIM K?

The Return on Investment (ROI) will be the factor considered when choosing an MBA programme from the best 3 IIMs in India. The IIM course fee vs placement packages comparison shown in the table below depicts that 1 to 2 years of job in any of the sectors after getting IIM placements from these Institutes will ensure the payback of the amount invested in the MBA programmes. All three 3 IIMs offer the best ROI with their highest MBA salary packages and job opportunities. Concluding it is clear from the analysis, investments done for the management programmes provided by the 3 IIMs are worthwhile.

Particulars

IIM Ahmedabad

IIM Bangalore

IIM Kozhikode

IIM Courses

MBA, PGD, Executive MBA

PGP, EPGP, PGPBA, PGPEM

PGP, MBA for Working Executives

IIM Fees

Rs. 25 lakh

Rs. 24.5 lakh

Rs. 22.50 lakh

IIM Highest Package

Rs. 1.46 CPA

Rs. 1.15 CPA

Rs. 72.02 LPA

IIM Average Package

Rs. 34.45 LPA

Rs. 35.92 LPA

Rs. 30.96 LPA

In conclusion, we can say that IIM Ahmedabad and IIM Bangalore offer the highest package exceeding Rs. 1 CPA as compared to IIM Kozhikode. However, when we analysed the number of job offers, IIM Bangalore received the highest number of placement offers 572 in the final placement 2024. MBA aspirants who are confused about opting for the top 3 IIMs can either join IIM Ahmedabad or IIM Bangalore to get the highest MBA salary package after graduation based on the placement comparative analysis.

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Questions related to IIM Ahmedabad (IIMA)

Have a question related to IIM Ahmedabad (IIMA) ?

Hello,

The specific company that offered a Rs. 1.46 crore package in the Banking, Financial Services, and Insurance (BFSI) sector during IIM Ahmedabad's placements has not been publicly disclosed. However, notable points include:

  • The highest package of Rs. 1.46 crore in the BFSI sector at IIM Ahmedabad 2023 placements remains undisclosed.
  • Prominent BFSI recruiters included Goldman Sachs, HSBC, and JP Morgan.
  • BFSI sector's average package was Rs. 41.33 lakh per annum, with a median of Rs. 35.05 lakh per annum.
  • The institute achieved a 100% placement rate, with Rs. 1.46 crore as the highest domestic package overall.
  • Consulting emerged as the top sector, followed by BFSI, with leading companies like McKinsey & Company and Boston Consulting Group actively recruiting.

Hope it helps !

Hello Priyanshu,

During the 2023 final placements at IIM Ahmedabad , the highest salary package offered was Rs.1.46 crore per annum, marking a significant achievement for the institute's placement process. This package was offered in the BFSI (Banking, Financial Services, and Insurance) sector, which is known for offering lucrative compensation to top-performing graduates.

The IIMA placement process saw a diverse range of companies from various sectors such as Consulting, Technology, FMCG, and BFSI hiring students for roles in management, consulting, and strategic positions. However, the exact company offering the Rs.1.46 crore package has not been disclosed, which is typically kept confidential to maintain the privacy of both the company and the candidate.

IIMA's reputation as one of India's top business schools and the extensive placement support it provides are reflected in the competitive salary offers that graduates receive. Additionally, IIMA achieved 100% placement for its students with a mix of roles offered by both domestic and international firms.|


I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.

Thank you and wishing you all the best for your bright future.


Hello,

You are unlikely to get into IIM Ahmedabad's PGPX (Post Graduate Program in Management for Executives) with only 2 years of work experience. Key points:

  • Minimum Requirement: IIM Ahmedabad requires a minimum of 4 years of full-time work experience for PGPX as of the start date of the program.
  • Average Experience: Most candidates admitted have 8-10 years of work experience.
  • Program Focus: PGPX is designed for mid-career professionals with substantial managerial or leadership exposure.
  • Alternative Programs: Consider IIM’s PGP or Early Career programs tailored for candidates with 2-3 years of experience.

Hope it helps  !

Hello,

Kusum, it's great that you're determined to pursue your dream of an MBA from IIM Ahmedabad despite financial challenges. Here's a strategy for self-study:

  • Understand the Exam Structure : Familiarize yourself with the CAT exam pattern, which includes sections on Quantitative Ability, Data Interpretation, Verbal Ability, and Logical Reasoning.
  • Create a Study Plan : Allocate specific hours each day for each section, focusing on weak areas. Break it into manageable chunks.
  • Use Free Resources : There are plenty of free online resources that include YouTube channels, CAT preparation websites, and apps for practice questions with video tutorials. Some popular ones are Unacademy, BYJU's, and Career Launcher.
  • Take Mock Tests Regularly : Use mock tests regularly to assess progress and adjust study plans accordingly.
  • Focus on Concepts : Strong foundations in math, logic, and English. Regular practice with books like "Quantitative Aptitude for CAT" and "Word Power Made Easy" for vocabulary.

Consistency and discipline are the keys! Stay motivated, and you can achieve your goal.

Hello,

CAT percentage score: 92.4%ile; Educational background: B.Sc. Botany; Work Experience: 34 months; CGPA 9 in Class 10 With such a profile, the niche programs like IIMA FABM (Food and Agribusiness Management) and IIML ABM (Agri-Business Management) present a competitive edge. This is because these programs offer good diversity in academic backgrounds that align well with your profile.

While your 12th (65.7%) and graduation (65.2%) scores may eliminate opportunities at the older IIMs for their core PGP programs, newer IIMs in the list are IIM Udaipur, IIM Raipur, and IIM Kashipur; the MBA programs at the IITs like IIT Madras, IIT Roorkee, or IIT Kharagpur are also worth examining with their slightly lower cut-offs.

Emphasise academic diversity, work experiences, and career goals that are in agribusiness to strengthen your application and prepare for interviews to eventually apply strategically to maximise your chances at institutions whose values align with yours.

You can use the online CAT College Predictor tools to estimate the probability of receiving interview calls from different IIMs and other top MBA colleges based on your CAT percentile of 92.4% and academic background.

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