Lowest packages offered at IIMs and other B-Schools

Check out the lowest salaries offered at IIMs and other top B-schools during the final placement process.

Candidates aspire to pursue MBA from top institutes like IIMs and other B-schools by focusing only on the highest package offered by these institutes. However, understanding the lowest packages offered by IIMs and other B-schools is equally important to make informed decision. Knowing the lowest package helps students get the realistic picture of placement outcomes. The lowest package in IIMs and other B-schools varies depending upon specialisation, industry demand and institute reputation. While top IIMs like Bangalore, Lucknow, Ahmedabad, Calcutta, and Indore report high packages, the minimum salary offered may range significantly.

In this article, know the lowest packages offered at top IIMs and other reputed B-Schools in India, helping MBA aspirants gain a realistic view of placement outcomes.

Lowest Packages Offered by IIMs

While Indian Institute of Management (IIMs) are widely known for their highest packages, candidates need to know the lowest packages offered by IIMs. The lowesr salaried by IIMs may vary from institute to institute. In the table below, know the lowest packages offered by different IIMs to make informed career decision.

Lowest Packages Offered by Other Top B-Schools

Several other B-Schools like XLRI, FMS, SPJIMR, MDI Gurgaon are also known for their excellent placement opportunities. Students who are desireous of taking admission to other top B-schools must analyse the lowest packages offered by the institutes. The lowest package offered by other top b-schools will vary from institute to institute. Check the table below for complete details.

PLEASE NOTE: The figures quoted above are not based on any audited reports and neither have they been conveyed by the institute/college. These are based on student accounts and cannot be verified independently.

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Who Receives Low Packages?

According to sources, students whose academic performance has been low in all the semesters or are repeating a year are the once who usually receive low packages. Recruiters not only look at the candidate's academic record but also his/her record in extra-curricular activities, events etc.

Speaking to Shiksha on condition of anonymity, an IIM graduate said, “It’s the typical scenario. If you can’t perform well in academics and extracurricular activities, recruiters have no reason to hire you. Also, many institutes have large batches. It gets especially difficult for them to place students from the lower end of the spectrum. At times, more than 10% of the batch are yet to be placed by the term-end. They either opt of out placements or go for rolling placements. Some institutes even force such students to sign out of placements in an effort to maintain placement standards.”

Lowest Salaries Offered by IIMs & Other B-Schools: Accountability

It is interesting to note that most leading B-schools of the country do not publish audited reports of their final placement process for the benefit of aspiring students and common citizens. They only release the final placement reports to the media with quotes of highest, mean and median salary figures. The public accept these placement reports at their face value. There’s no accountability of the information published.

In other words, it’s practically impossible to find the official lowest packages offered at top business schools or get a complete scenario of placements.

MBA Placement Reports

Check the table below to check the MBA placement reports of top B-Schools across India.

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• Average salary package of non-IIM graduates in India: NIRF-MHRD Rankings