IIM Placements 2023: Highest Salary Package & Top Recruiting Companies

The IIM placement process for MBA/PGP is conducted in Deccember-February. IIM placements 2023 data for all 20 institutes is provided here. Get complete details of IIM placement process, highest salary, average salary, top companies and job roles.

IIM placements for PGDM/MBA programmes are conducted between December-February every year for the MBA/PGP batch and the institutes release their final placements reports for the outgoing batch between January and July. The average salary package offered to candidates in top IIMs range from INR 20-25 lakh per annum, whereas the salary packages of the newer IIMs fall between INR 10-20 lakh per annum. The highest salary offers at the top IIMs - A, B, C have been recorded at INR 70 lakh to INR 1 crore as CTC. International salary packages offered are usually INR 60 lakh and above. 

Like 2021 and 2022, the IIM final placement process for 2012-2023 batch too was conducted online due to COVID-19 pandemic. Despite the pandemic and slow economy, final placements were conducted with much enthusiasm and witnessed great response from recruiters. 

The IIM placements 2023 were not impacted much by economy slide down. Like every year, IIM placements witnessed participation of top companies like E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards & Protiviti, EXL, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, WIPRO, etc. visiting the IIM campuses for recruitment of management graduates in various job roles. Detailed IIM placements reports 2022 of the IIMs have been shared below. The data of 2021-2023 batch placements will be posted here soon after all the IIMs release their final placement reports. Read below all about IIM placements.

The PGP/MBA graduates are offered various managerial roles in different sectors and domains. Function-wise most of the offers are made for positions such as Consultant and Managers. In this article, you will find all the information related to IIM placements of all 20 campuses including IIM Ahmedabad, IIM Bangalore, IIM Calcutta and IIM Lucknow. IIMs are amongst the top MBA colleges in India and placement packages at IIMs is often a matter of great interest for MBA aspirants.

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The placement process at IIMs comprises three major activities – namely Summer, Lateral and Final Placements.

Read about International placements at IIMs and other top B-schools

Summer Placements: The summer placements are organised in April-May for the firms to recruit students for internships. Summer placements also help in building a platform to receive pre-placement offers (PPOs). The summer placements happen over four to five days in the month of March. This process is guided by an elaborate set of rules for both students and recruiters.

Lateral Placements: The lateral placements at IIMs take place a couple of months before the final placements in which two-year MBA/PGP students with work experience (18 months and more) can participate. 

Final Placements: The final placement process which takes place in December-January is almost similar across all the IIMs except for a few minor deviations here and there. For example, IIM Ahmedabad follows the cohort-based system, instead of the day-based system. The cohort based system allows recruiters to assess students in groups based on domain or expertise over a longer period of time.

IIM Placements 2022: Highest/Average salary packages offered

The IIMs have witnessed rise highest packages and average salary offers this year despite economic slowdown and commercial constraints arising from COVID-19. Take a look at the table below for salary figures of 2022 placements. 

IIM MBA Placements: Highest International Packages Offered

The table below indicates the latest highest CTC offered at some of the most prominent IIMs by global/international organisations. 

Check what current students and alumni have to say about IIM placements - Reviews of IIMs

Read More:

• MBA Placements: Placement Report of Top B-Schools in India
• MBA Placement -The Ultimate Goal?
• Lowest packages offered at IIMs and other B-Schools
• IIM Sambalpur’s Anant Kulkarni reveals how he bagged Rs 60 lakh pay package