Great Lakes PGPM & PGDM 2025
ApplyAdmissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
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 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.
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 |
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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 |
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 | |
Accenture | Bain & Company | Amazon | BOSCH |
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.
Hello there,
A BSc graduate with an MBA from IIM Ahmedabad can expect a highly competitive salary package due to the prestige of the institute and the skills acquired. On average, IIM Ahmedabad MBA graduates receive starting salaries in the range of Rs. 20-35 lakhs per annum . However, depending on the industry, company, and role, salaries can be much higher, with top placements reaching Rs. 50 lakhs or more annually, particularly in sectors like consulting, finance, and technology. Experience, specialization during the MBA, and job role will also significantly influence salary outcomes.
Hope this information was helpful. Good Luck!
While your scores are decent, the IIMs typically have a preference for candidates with higher academic scores, especially in graduation. Generally, the higher your scores, the better your chances, but there's more to the evaluation process.
Other Important Factors which they consider is CAT Score performance in this exam is crucial. A high percentile (usually above 90) can significantly enhance your chances, especially if your academic scores are on the lower side.
Also,Relevant work experience can improve your profile. Candidates with strong work experience (especially in leadership roles) are often given preference.
Your performance in the PI and WAT is critical. Strong communication skills, clarity of thought, and a good understanding of current affairs can help you stand out
Involvement in extracurricular activities, leadership roles, or social initiatives can enhance your profile.
No, the Indian Institute of Management Ahmedabad (IIM Ahmedabad) does not offer a Bachelor of Business Administration (BBA) course. IIM Ahmedabad is primarily known for its postgraduate and doctoral programs, particularly the Post Graduate Program in Management (PGP), which is equivalent to an MBA.
For information about other MBA colleges in India, you can go through the link below.
https://bschool.careers360.com/colleges/list-of-bba-colleges-in-india
Generally the calls are not solely depends upon your academic performance IIM A B C : Generally looks for a CAT score of around 98-99 percentile if you get this percentile you will surely get call from them and to you need to have good experience in order to get top iim however ,IIM-L, IIM-K, IIM-I, IIM-S, all the new IIM’s and other colleges like FMS, MDI Gurgoan, SP JAIN XLRI, IIFT accepts 97 percentile. So there are so many colleges in which you can take admission. So give cat exam with proper planning and you will surely get IIM’s call.
Hello aspirant,
To secure a seat in the Indian Institutes of Management (IIMs) for an MBA program, candidates typically need to appear for the Common Admission Test (CAT). CAT is a national-level entrance exam conducted annually by the IIMs on a rotational basis. However, some IIMs also accept other entrance exams such as GMAT (Graduate Management Admission Test) for international candidates or those with substantial work experience.
Thank you
Hope it helps you.
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
180+ Companies | Highest CTC 15 LPA | Average CTC 7.5 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Ranked No. 1 Business School in India and no.35 in world by Financial Times MiM 2024 Ranking | Highest CTC: INR 81 LPA
Highest CTC 70 LPA | Avg CTC 11.22 LPA | Ranked #55 by NIRF
9 IBS Campuses | Scholarships Worth Rs 10 CR