IIM Placements 2024: Highest Salary Package & Top Recruiting Companies

The IIM placement process for MBA/PGP is conducted in December-February. IIM Ahmedabad, IIM Lucknow, IIM Indore and IIM Calcutta have released their placement data 2024. Get complete details of IIM placement process of all 21 IIMs, highest salary, average salary, top companies and job roles.

IIM placements for MBA programmes are conducted between December-February every year 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 ranges from INR 20-25 lakh per annum, whereas the salary packages of the newer IIMs are usually recorded between INR 10-20 lakh per annum. In the past, 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 70 lakh per annum and above. 

Like every year, IIM placements 2024 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. A major drop in highest and average CTC was noted for most of the new and baby IIMs. There was no drop the salary offers in the top 6 IIMs. 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 for positions such as Consultant and Managers. In this article, you will find all the information related to IIM placements of all 21 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.

Also Read:

IIM Ahmedabad Placements

IIM Bangalore Placements

IIM Calcutta Placements

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

Activities	Timeline	Participants
Summer Placements	October/November	First-year students
Lateral Placements	January/February	Students having prior work experience
Final Placements	February/March	All graduating students

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 2024: Highest/Average salary packages offered

The IIMs have witnessed rise highest packages and average salary offers this year.Take a look at the table below for the latest IIM placements reports.

Name of IIM	Highest CTC (INR)	Average CTC (INR)
IIM Ahmedabad	INR 1.46 CPA	INR 34.45 LPA
IIM Bangalore	NA	INR 35.92 LPA
IIM Calcutta	1.20 CPA	INR 35.07 LPA
IIM Lucknow	INR 65.00 LPA	INR 30.00 LPA ( for 2024)
IIM Kozhikode	INR 72.02 LPA	INR 29.20 LPA
IIM Indore	INR 1.00 CPA	INR 25.68 LPA
IIM Shillong	INR 71.50 LPA	INR 26.10 LPA
IIM Rohtak	INR 48.25 LPA	INR 19.27 LPA
IIM Ranchi	INR 37.80 LPA	INR 18.69 LPA
IIM Raipur	INR 67.60 LPA	INR 21.04 LPA
IIM Tiruchirappalli	INR 43.69 LPA	INR 19.43 LPA
IIM Kashipur	INR 37.00 LPA	INR 18.10 LPA
IIM Udaipur	INR 47.00 LPA	INR 18.80 LPA
IIM Nagpur	INR 38.40 LPA	INR 16.29 LPA
IIM Vishakhapatnam	INR 43.25 LPA	INR 15.61 LPA
IIM Bodh Gaya	INR 32.50 LPA	INR 13.09 LPA
IIM Amritsar	INR 58.52 LPA	INR 16.51 LPA
IIM Sirmaur	INR 64.12 LPA	INR 14.45 LPA
IIM Sambalpur	INR 23.50 LPA	INR 14.21 LPA
IIM Jammu	INR 31.75 LPA	INR 15.48 LPA
IIM Mumbai	INR 54.00 LPA	INR 29.44 LPA

IIM MBA Placements: Highest International Packages Offered

Placements record of any institute is very important for an aspirant. The placement provided by the B-school should be such that it provides a good kickstart to the candidate's career. The table below indicates highest CTC in the last few years, offered at some of the most prominent IIMs by global/international organisations. 

Name of the IIM	Highest International CTC
IIM Ahmedabad	INR 1.46 CPA
IIM Indore	INR 89.25 LPA
IIM Lucknow	INR 1.23 CPA
IIM Amritsar	INR 58. 52 LPA
IIM Kashipur	INR 48.50 LPA
IIM Udaipur	INR 33.00 LPA
IIM Ranchi	INR 59.36 LPA
IIM Sambalpur	INR 58.00 LPA

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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