IIM Bangalore Placements 2023: Highest Package, Average Package, Top Recruiters ,Bannerghatta Road

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What’s new at IIM Bangalore placements 2023? The average and median package offered during IIM Bangalore PGP and PGP BA placements 2023 stood at INR 35.31 LPA and INR 33.00 LPA, respectively. Further, a total of 606 offers were made during IIM Bangalore PGP and PGP BA placements 2023. Apart from this, the average and median package offered during IIM Bangalore EPGP placements 2023 stood at INR 33.07 LPA and INR 32.21 LPA, respectively.

IIM Bangalore Placements 2023

  • A rise of nearly 6% was witnessed in the PGP and PGP BA median package offered in 2023 as compared with 2022
  • A rise of over 4% was witnessed in the PGP and PGP BA average package offered in 2023 as compared with 2022
  • There was a fall of over 8% in the no. of offers made during PGP and PGP BA placements 2023 as compared with 2022

Further, a total of 539 offers were made and 529 offers were accepted during IIM Bangalore PGP and PGP BA summer placements for the batch of 2022-24. The top recruiters of IIM Bangalore in 2023 included leading companies such as Microsoft, Bain & Company and Accenture.

How were the placements at IIM Bangalore in 2023?

Refer the below-mentioned table for IIM Bangalore MBA placement statistics 2023 as compared with IIM Bangalore MBA (PGP) placement statistics 2022:

Particulars

PGP + PGPBA Placement Statistics (2022)

PGP + PGPBA Placement Statistics (2023)

Median package

INR 31.20 LPA

INR 33.00 LPA

Average package

INR 33.82 LPA

INR 35.31 LPA

No. of students

524

512

No. of offers made

662

606

No. of companies

137

164

PPOs made / accepted

273 / 181

291 / 209

Lateral placement offers made / accepted

180 / 127

94 / 82

International offers

6

14

No. of offers during final placement week

NA

221

Download: IIM Bangalore Final Placement Report 2023 

What was the average package of IIM Bangalore in 2023?

The course-wise average package offered during IIM Bangalore placements 2023 is presented in the below-mentioned table:

Course

Average Package (2023)

PGP + PGPBA

INR 35.31 LPA

EPGP

INR 33.07 LPA

PGPPM

INR 19 LPA (2021)

Note: The mean package is considered as the average package for EPGP course.

Since, PGPPM average package 2023 is not released, the average package of PGPPM presented above is of 2021.

An improving trend was witnessed in the average package offered over the past three years during IIM Bangalore PGP & PGP BA and EPGP placements, which is presented below:

Note: In 2021, PGP was the stand alone course offered by IIM Bangalore placements 2021 season, and the PGP BA course was not introduced.

The course-wise average salary trends witnessed during IIM Bangalore placements over the past three years are presented below:

Course

Average Package (2021)

Average Package (2022)

Average Package (2023)

PGP + PGPBA

INR 28.98 LPA

INR 33.82 LPA

INR 35.31 LPA

EPGP

INR 26.08 LPA

INR 30.90 LPA

INR 33.07 LPA

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Salary Data of AlumniPowered by Naukri Insights

Popular Courses
MBA/PGDM Executive MBA/PGDM
Current Salary (as of 2022-23) by batch
  • Current salary of recent graduates is generally lower than the current salary of students who graduated in previous batches.
  • Maximum salary refers to 80th Percentile; Median salary refers to 50th Percentile
  • The above graph is based on limited data sourced from Naukri.com

Employers & Industries of AlumniPowered by Naukri Insights

Programme
MBA/PGDM Executive MBA/PGDM
Year of Graduation
Search from 9 year of graduations
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
2020 2019 2018 2017 2016 +4 Year of Graduations
Where they currently work
Their current Organizations
  • 4.94% | Indian Institute Of Management
  • 2.66% | Accenture
  • 2.28% | Amazon
  • 1.9% | Genpact
  • 1.14% | Reliance Industries
  • 1.14% | HCL
  • 0.76% | Hindustan Unilever
  • 0.76% | Honeywell Automation
  • 0.76% | Ab Inbev
  • 0.76% | Anheuser Busch Inbev
  • 0.76% | Boeing
  • 0.76% | Deloitte
  • 0.76% | Fidelity Investment
Their Industry
  • 30.04% | IT-Software/Software Services
  • 6.08% | Education/Teaching/Training
  • 3.8% | FMCG/Foods/Beverage
  • 3.42% | Construction/Engineering/Cement/Metals
  • 3.42% | BPO/ITES
  • 2.66% | Auto/Auto Ancillary
  • 2.66% | Retail
  • 2.28% | Banking/Financial Services/Broking
  • 1.9% | Oil and Gas/Power/Infrastructure/Energy
  • 1.9% | Internet/Ecommerce
  • 1.52% | Medical/Healthcare/Hospital
  • 1.14% | Pharma/Biotech/Clinical Research
  • 1.14% | Accounting/Finance
Their Organization type
  • 20.91% | Foreign MNC
  • 8.37% | Corporates
  • 3.8% | Indian MNC (Large Cap)
  • 1.9% | Indian MNC (Small Cap)
  • 1.52% | Govt/PSU
  • 1.52% | Indian MNC (Mid Cap)
  • 1.14% | Startup
  • 0.76% | Indian MNC
  • 0.38% | Unicorn
Where they got placed
Indian Institute Of Management | Accenture | Amazon | Genpact | Boeing | Reliance Industries | IBM Global Services | Confidential | HCL | ACC Limited | Ab Inbev | Fidelity Investment | Deloitte | Anheuser Busch Inbev | ColorTokens LLP

IIM Bangalore Placements 2023: Highest Package, Average Package, Top Companies, FAQs

Q. How was IIM Bangalore placements 2023 as compared with other top IIMS?

A. Refer the below-mentioned table for IIM Bangalore placement statistics 2022 as compared with other top IIMs such as IIM Ahmedabad, IIM Calcutta and IIM Kozhikode:
IIM Name PGP Average Package (2022) PGP Median Package (2022) PGP Offers Made (2022)
IIM Bangalore INR 33.82 LPA INR 31.20 LPA 662
IIM Ahmedabad INR 32.79 LPA INR 31.49 LPA 382
IIM Calcutta INR 34.2 LPA INR 31.00 LPA 631
IIM Kozhikode INR 29.5 LPA INR 26.5 LPA 571

Q. What was the median package offered during IIM Bangalore MBA placements 2023?

A. The median package offered during PGP (popularly known as MBA) and PGP BA placements 2023 stood at INR 33.00 LPA. Further, an improving trend was witnessed in the median salary offered over the past three years during IIM Bangalore PGP and PGP BA placements, which is presented below:
The median salary trends witnessed during IIM Bangalore PGP and PGP BA placements over the past three years are presented below:
Particulars PGP + PGPBA Placement Statistics (2021) PGP + PGPBA Placement Statistics (2022) PGP + PGPBA Placement Statistics (2023)
Median Package INR 28.60 LPA INR 31.20 LPA INR 33.00 LPA
 

Q. What was the median package offered during IIM Bangalore EPGP placements 2023?

A. The median package offered during EPGP placements 2023 stood at INR 32.21 LPA. Further, an improving trend was witnessed in the median salary offered over the past three years during IIM Bangalore EPGP placements, which is presented below:
The median salary trends witnessed during IIM Bangalore EPGP placements over the past three years are presented below:
Particulars EPGP Placement Statistics (2021) EPGP Placement Statistics (2022) EPGP Placement Statistics (2023)
Median Package INR 26.00 LPA INR 30.00 LPA INR 32.21 LPA

Q. How many offers were made during IIM Bangalore PGP placements 2023?

A. A total of 606 offers were made during IIM Bangalore PGP and PGP BA placements 2023. The no. of Offers, PPOs and lateral placement offers made during IIM Bangalore PGP and PGP BA placements 2023 are presented below:
Particulars PGP + PGPBA Placement Statistics (2023)
No. of students 512
No. of offers made 606
PPOs made / accepted 291 / 209
Lateral placement offers made / accepted 94 / 82
International offers 14
No. of offers during final placement week 221
An improving trend was witnessed in the no. of offers made during IIM Bangalore PGP and PGP BA placements over the past three years, which is presented below:
Further, the trends witnessed during IIM Bangalore PGP and PGP BA placements over the past three years with respect to the offers made, PPOs and lateral placement offers made and accepted are presented below:
Particulars PGP + PGPBA Placement Statistics (2021) PGP + PGPBA Placement Statistics (2022) PGP + PGPBA Placement Statistics (2023)
No. of students 440 524 512
No. of offers made 481 662 606
PPOs made / accepted 193 / 160 273 / 181 291 / 209
Lateral placement offers made / accepted 110 / 98 180 / 127 94 / 82
International offers 8 6 14

Q. How many offers were made during IIM Bangalore EPGP placements 2023?

A. A total of 70 offers were made during IIM Bangalore EPGP placements 2023. The key highlights of IIM Bangalore EPGP placements 2023 are presented below:
Particulars EPGP Placement Statistics (2023)
Class size 75
No. of offers 70
Students starting own venture 1
Students opted out 2
Students on sabbatical 2
Further, a fluctuating trend was witnessed in the no. of offers made over the past three years during IIM Bangalore EPGP placements, which is presented below:
The trends witnessed during IIM Bangalore EPGP placements over the past three years with respect to the no. of offers made are also presented below:
Particulars EPGP Placement Statistics (2021) EPGP Placement Statistics (2022) EPGP Placement Statistics (2023)
Class size 73 75 75
No. of offers 61 71 70
Students starting own venture 0 1 1
Students opted out NA 1 2
Students on sabbatical NA 2 2

Q. How many companies visited during IIM Bangalore PGP placements 2023?

A. A total of 164 companies visited the campus during IIM Bangalore PGP and PGP BA placements 2023. Further, an improving trend was witnessed in the no. of companies visited over the past three years during IIM Bangalore PGP and PGP BA placements, which is presented below:
The trends witnessed during IIM Bangalore PGP and PGP BA placements over the past three years with respect to the no. of companies visited are presented below:
Particulars PGP + PGP BA Placement Statistics (2021) PGP + PGP BA Placement Statistics (2022) PGP + PGP BA Placement Statistics (2023)
Companies visited   120 137 164
 

Q. How many companies visited during IIM Bangalore EPGP placements 2023?

A. A total of 27 companies visited the campus during IIM Bangalore EPGP placements 2023. Further, a declining trend was witnessed in the no. of companies visited over the past three years during IIM Bangalore EPGP placements, which is presented below:
The trends witnessed during IIM Bangalore EPGP placements over the past three years with respect to the no. of companies visited are presented below:
Particulars EPGP Placement Statistics (2021) EPGP Placement Statistics (2022) EPGP Placement Statistics (2023)
Companies visited   30 30 27

Q. What was the top recruiting sector during IIM Bangalore PGP placements 2023?

A. Management Consulting sector emerged as the top recruiting sector that placed 40% of the total students during IIM Bangalore PGP and PGP BA placements 2023. The sector-wise placement rate recorded during IIM Bangalore PGP and PGP BA placements 2023 is presented below:
Note: The “Others” category includes the sectors of Corporate Finance & Financial Banking, Business Analytics, e-Commerce and Operations. The sector-wise placement rate recorded during IIM Bangalore PGP and PGP BA placements 2023 is presented below:
Sectors PGP + PGP BA Placement Rate (2023)
Management Consulting 40%
IT / Product Management 14%
General Management 13%
Sales & Marketing 11%
Corporate Finance & Financial Banking 9%
Business Analytics 7%
e-Commerce 4%
Operations 2%

Q. Which sector placed most no. of students during IIM Bangalore EPGP Placements 2023?

A. IT sector emerged as the top recruiting sector that made 27 offers (37% of the total offers made) during IIM Bangalore EPGP Placements 2023. The sector-wise offers made (in %) during IIM Bangalore EPGP Placements 2023 is presented below:
Note: The “Others” category includes the sectors of Analytics, Insurance, Higher Education, E-Commerce, Fashion & Retail, Marketing & Advertising and Nonprofit Organization Management. The sector-wise offers made and offers made (in %) during IIM Bangalore EPGP Placements 2023 is presented below:
Sectors EPGP No. of Offers (2023) EPGP No. of Offers in % (2022)
IT 27 37%
Consulting 17 24%
Manufacturing 7 11%
Automotive 4 6%
BFSI 4 6%
Analytics 3 5%
Insurance 3 4%
Higher Education 2 3%
E-Commerce 1 1%
Fashion & Retail 1 1%
Marketing & Advertising 1 1%
Nonprofit Organization Management 1 1%

Q. Who were the top recruiters during IIM Bangalore PGP placements 2023?

A. The list of top recruiters during IIM Bangalore PGP and PGP BA placements 2023 is presented in the below-mentioned table:
Final Placement Top Recruiters PGP + PGP BA Offers Made (2023)
The Boston Consulting Group 26
Bain & Company 22
Accenture Strategy CN 22
Tata Consultancy Services 18
McKinsey & Company 16
Pre-Placement Top Recruiters PGP + PGP BA Offers Made (2023)
The Boston Consulting Group 20
Bain & Company 18
Accenture Strategy CN 11
McKinsey & Company 11
Microsoft 8
Lateral Placement Top Recruiters PGP + PGP BA Offers Made (2023)
Paytm 9
Cogoport 8
EXL Services 7
Jio Platform 5
Lodha Group 5
Note: To know about the complete list of recruiters, refer the placement report that is attached above in the article.

Q. Who were the top recruiters during IIM Bangalore EPGP placements 2023?

A. The list of top recruiters during IIM Bangalore EPGP placements 2023 is presented in the below-mentioned table:
EPGP Top Recruiters Offers Made (2023)
Accenture 18
Nucleus Software 4
Samsung 4
TVS Motors 4
Aegon Life 3
Genpact 3
Hilti 3
Merilytics 3
Quantiphi 3
Note: To know about the complete list of recruiters, refer the placement report that is attached above in the article.

Q. How was IIM Bangalore PGP summer placements for the 2022-24 Batch?

A. The key highlights of IIM Bangalore PGP and PGP BA summer placements for the 2022-24 Batch are presented below:
Particulars PGP + PGP BA Summer Placement Statistics (2022-24 Batch)
No. of students 530
Offers made 539
Offers Accepted 529
Students opted out 1

Q. How many offers were made during IIM Bangalore PGP summer placements for the 2022-24 Batch?

A. A total of 539 offers were made and 529 offers were accepted during IIM Bangalore PGP and PGP BA summer placements for the 2022-24 Batch. The trends witnessed during no. of offers made and offers accepted over the past three batches during IIM Bangalore PGP and PGP BA summer placements are presented below:
The trends witnessed during no. of offers made and offers accepted over the past three batches during IIM Bangalore PGP and PGP BA summer placements are also presented below:
Particulars PGP + PGP BA Summer Placement Statistics (2020-22 Batch) PGP + PGP BA Summer Placement Statistics (2021-23 Batch) PGP + PGP BA Summer Placement Statistics (2022-24 Batch)
No. of students 525 515 530
Offers made 532 542 539
Offers Accepted 517 513 529
Students opted out 08 02 1

Q. What was the top recruiting sector during IIM Bangalore PGP summer placements?

A. Management Consulting sector emerged as the top recruiting sector during IIM Bangalore PGP and PGP BA summer placements for the 2022-24 batch. The sector-wise placement rate recorded during IIM Bangalore PGP and PGP BA summer placements for the 2022-24 batch is presented below:
Note: The “Others” category includes the sectors of IT / Product Management, e-Commerce, Business Analytics and Operations. The sector-wise placement rate recorded during IIM Bangalore PGP and PGP BA summer placements for the 2022-24 batch is presented below:
Sectors PGP + PGP BA Summer Placement Rate (2022-24 Batch)
Management Consulting 43%
Corporate Finance & Commercial Banking 14%
General Management 12%
Sales & Marketing 11%
IT / Product Management 10%
e-Commerce 5%
Business Analytics 4%
Operations 1%
 

Q. Who were the top recruiters during IIM Bangalore PGP summer placements?

A. The list of top recruiters during IIM Bangalore PGP and PGP BA summer placements for the 2022-24 batch is presented below:
Company Name   PGP + PGP BA Summer Placement Rate (2022-24 Batch) Offers Made
Accenture Capability Network 30
Amazon 23
McKinsey & Company 22
Bain & Company 19
Tata Consultancy Services 18
Boston Consulting Group 17
Kearney - Digital Transformation 16
EY India 15
Accenture India Market Unit 11
Strategy & India 11

Q. Where are IIM Bangalore alumni placed?

A. According to the data gathered from unofficial sources, Business Development domain has placed the most no. of IIM Bangalore students. The domain-wise IIM Bangalore alumni placement statistics are presented below:
Note: The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

Placement Reviews

Overall Placement Rating (Out of 5)

4.9

Based on 25 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 28 published reviews, 25 reviews are verified.
Read reviews that mention
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K
KOMAL MEHRA | Master of Business Administration (MBA) - Batch of 2022
Reviewed on 25 Sep 2022
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Really good infrastructure & teachers.

Placements: There were approximately 90% of students placed in my course. The highest and lowest packages offered were 15 and 7 LPA respectively. Top companies such as Amazon and TCS recruited from my course. There were eighty percent of students who got internships in many companies such as Amazon and Accenture. Companies offer internships to students for roles such as Tally and MS Office Word.

Infrastructure: The college provides many facilities such as Wi-Fi, labs, classrooms, and a library. Wi-Fi is available throughout the campus. The labs are also well-equipped and provide all the necessary materials. The classrooms are very huge and can accommodate all the students comfortably. Projectors are also available in the classrooms. The library is also huge and has all types of books. In my hostel, variety of quality food is available. The quality of all food is very good in the mess and the food is p...

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A
Ankit Paul | Post Graduate Program in Enterprise Management (PGPEM) - Batch of 2021
Reviewed on 27 Jul 2022
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Review of Indian Institute of Management, Bangalore.

Placements: Approximately 65% of students were placed in our course. The highest salary package offered was 2 crore. The lowest salary package offered was 20 LPA. The top recruiting companies were Google, Microsoft, Infosys, etc. Around 55% of students got internships in Infosys.

Infrastructure: In this college, the infrastructure was very good. It provides a Wi-Fi room, playground, badminton court, and tennis courts. The classrooms were technologically advanced. All classes provide digital cameras. The hostel room was ava...

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S
Sayan Ghosh | Master of Business Administration (MBA) - Batch of 2023
Reviewed on 27 Jun 2022
Verified
4.4
Placements 5 Infrastructure 3 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 5
This is one of the best MBA colleges in India.

Placements: The average salary package offered is 15 LPA. Most of the students get internships. IIM Bangalore benchmarks its curriculum against the best in the world to ensure that it delivers quality business education, based on the best pedagogic practices. IIM Bangalore has a streak of maintaining its 100% of placements record, which makes it the best college for MBA students.

Infrastructure: This college provides free Wi-Fi, laboratories, and 24X7 library. The internships are great to understand what field is the best f...

Was this review helpful YesNo  
R
Rishabh jain | Master of Business Administration (MBA) - Batch of 2018
Reviewed on 29 Apr 2022
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 5
If you can qualify the entrance exam, you can take admission here.

Placements: There are good placements in this college. This college provides 95% placements. The highest package offered is 55 LPA, the average package is 33 LPA, and the lowest package is 23 LPA. The top recruiting companies are Microsoft Miebach, Mindswork Consulting, BGC, Amazon, Walmart Labs etc. 100% of students get internships. The top companies that offered internships are Hindustan Unilever Ltd., McKinsey & Co., Mercer HR Merrill Lynch. Microsoft Miebach, Mindswork Consulting, Morgan Stanley Morgan ...

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L
Leela Jain | Certificate in General Management for IT Executives (GMITE - Batch 17) - Batch of 2016
Reviewed on 1 Feb 2022
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 4
It is the best college in the world.

Placements: Around 75% of students were placed in our course. The average salary package offered was 26.18 LPA, whereas the highest salary package offered was 80 LPA. The lowest salary package offered was 10 LPA. Amazon, Brain and Company, Goldman Sachs were the top recruiting companies. Around 50% of students got internships in large and developed top most companies.

Infrastructure: IIM-B library was housed in an autonomous structure of 55000 square feet spread across four levels adjoining the amphitheater. Its electronic ...

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V
Vinay Kumar Mourya | Master of Business Administration (MBA) - Batch of 2021
Reviewed on 14 Jul 2020
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Beautiful campus and nice crowd.

Placements: Placements are really good. All the students get placed in very short time. Most big companies come for recruitment during summer placement and also for final placement. There are some international offers as well. Companies during summer placement and final placement are almost same.

Infrastructure: IIM Bangalore has 100 acre large beautiful campus. All the students are provided hostel facilities. Everyone is given single room with shared washrooms. Campus is Wi-Fi enabled. Mess food is very good if you compar...

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P
Prashant Vadnere | Master of Business Administration (MBA) - Batch of 2020
Reviewed on 10 Jul 2020
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Experience is worth for lifetime.

Placements: All the students were placed. Salary details can be taken from college website. Consulting firms, conglomerates, Indian MNCs were among the top recruiting companies. All the students got internship offers. Management consulting was the most sought after role in the campus.

Infrastructure: Everyone gets individual rooms which include all the amenities. Complete campus is Wi-Fi enabled. Library has more than sufficient resources. Library can be accessed even from remote location. Library resources include many us...

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S
Sagnik Roy | Master of Business Administration (MBA) - Batch of 2021
Reviewed on 10 Jul 2020
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Absolute value for money. Every student can have holistic learning.

Placements: Placements are excellent. 100% placement happens in IIM Bangalore. More than 120 companies participate in campus placement including BCG, Brain, ABG, Nestle, P&G and many others. The highest package goes above 30 LPA, the lowest revolves around 15 LPA and the median is around 23 LPA. In summer placement, 100% of students from PGP1 gets internship though this year due to COVID, there were some hiccups but those were manageable. Roles varied such as Product management, sales and marketing, consult...

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Kajal Kumari

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Uttkarsh beriwal

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The selection process for admission to the MBA programme in Risk Management at IIM Bangalore typically involves several stages, including: Eligibility Criteria: The candidates must have a Bachelor's degree with at least 50% marks or equivalent CGPA in any discipline. In addition, they must have a va

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What is the eligibility criteria for admission to the MBA programme in Risk Management at IIM Bangalore?

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Uttkarsh beriwal

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As of my knowledge cutoff in 2021, the eligibility criteria for admission to the MBA programme in Risk Management at IIM Bangalore are as follows: The candidate must have a Bachelor's degree or equivalent in any discipline with at least 50% marks or equivalent CGPA. The candidate must have a valid s

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